Sativa Wellness Group is pleased to announce that it has closed the first tranche of its non-brokered private placement of units of the Company (each, a “Unit”) previously announced on February 24, 2021 (the “Offering”). In this closing, the Company issued an aggregate of 45,888,730 Units at a price of C$0.07875 per Unit for aggregate gross proceeds of C$3,613,737.49.