Sativa Wellness Group Inc.: Sativa Wellness Announces Qualification for the New Apex Market Segment of the AQSE Growth Market
Sativa Wellness or the
Company ) wishes to announce that it qualifies for the new Apex segment of the AQSE Growth Market in London, after meeting certain eligibility criteria.
Sativa Wellness notes today s announcement by the Aquis Stock Exchange PLC (the
AQSE ), that the two new segments of the market have come into force. Please see the AQSE link for the full announcement.
Sativa Wellness has been notified by AQSE that it qualifies for the Apex segment of the AQSE Growth Market. In order to be eligible for admission to Apex, Sativa has succeeded in meeting, amongst other things, the following eligibility criteria:
CBD and Cannabis Regulatory Progress from The United Nations, European Commission and US House of Representatives - Press Release
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CBD and Cannabis Regulatory Progress from The United Nations, European Commission and US House of Representatives
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Sativa Wellness Group Inc.: CBD and Cannabis Regulatory Progress from The United Nations, European Commission and US House of Representatives
Sativa Wellness or the
Company ) wishes to announce that recent rulings from the European Commission, the United Nations, and the US House Of Representatives confirm the free movement of CBD products in Europe, pave the way for expansion of medicinal cannabis research, and the federal decriminalisation of cannabis in the US.
European Commission
Sativa Wellness is pleased to confirm that the European Commission (EC), the executive branch of the European Union (EU), has concluded that CBD (Cannabidiol) is not considered to be a drug within the meaning the UN Single Convention on Narcotic Drugs of 1961, following the recent landmark ruling from the EU s highest court. As a consequence, the EC confirmed that CBD qualifies as a food, and is therefore subject to EU law on the free movement of goods among member states.
Palm Beach, FL – December 14, 2020 – In recent years, cannabis and products with cannabis components, such as CBD, are one of the “hot topics” in the life sciences industry. Many countries now allow the medical use of cannabis to treat numerous conditions, including chronic pain, cancer, multiple sclerosis, and many others. Additionally, more and more countries have recently allowed the recreational use of cannabis. Finally, hemp (cannabis grown without mind-altering substances), is another burgeoning industry worldwide. Though there are international treaties in place, the production, distribution, and consumption of controlled substances (including cannabis) are still traditionally regulated by each country individually (even within the EU). Some countries still consider cannabis a dangerous illicit substance. Thus the legal landscape on cannabis and cannabis products is very fragmented and complicated, making it hard to get involved in the cannabis industry. Alpha Green Re