Sativa Group PLC (LON:SATI) said the Canadian Securities Exchange has conditionally approved the listing application for Sativa Wellness Group Inc, which combines the group's operations with Stillcanna Inc.
Resumption of trading on the CSE is expected in the next 12 days with a quotation on the AQSE Growth Market in the UK expected around the same time.
Henry Lees-Buckley will be chief executive of the enlarged seed to sale business with Joseph Colliver assuming the role of chief financial officer and Anne Tew becoming corporate secretary.
Jonathan Wearing will be chairman, while Angus Kerr, Mark Blower and Jason Dussault will be main board directors. Dussault will also lead the business’ investor relations efforts.