PlantX Life Inc. PLTXF Archives - Page 8 of 15

MondaySep 13, 2021 2:48 pm

QualityStocksNewsBreaks – PlantX Life Inc. (CSE: VEGA) (Frankfurt: WNT1) (OTCQB: PLTXF) Announces Plans to Launch Products on Amazon Marketplace

PlantX Life (CSE: VEGA) (Frankfurt: WNT1) (OTCQB: PLTXF) is in the process of launching as a seller on Amazon Marketplace. The company will be a seller on both the U.S. and Canadian sides of the online store well-recognized multinational e-commerce platform. According to the announcement, PlantX plans to utilize the Amazon Marketplace platform and back-end infrastructure to list and sell its plant-based items; the company will also use Amazon services to fulfill customer orders. As a seller, PlantX will have access to Amazon’s well-established fulfillment resources, customer service and extensive network of affiliates. “Launching on the Amazon platform is a great opportunity…

FridaySep 10, 2021 9:00 am

PlantX Life Inc. (CSE: VEGA) (Frankfurt: WNT1) (OTCQB: PLTXF) Strengthens its Board with Fred Leigh’s Appointment as Executive Chairman

On September 7, 2021, Mr. Fred Leigh was appointed as director and Executive Chairman of PlantX’s Board of Directors, effective immediately Mr. Leigh previously chaired the company’s Advisory Board, which has since been dissolved PlantX looks forward to leveraging on Mr. Leigh’s expertise, knowledge and over 40 years of experience in capital markets to help steer the company Mr. Leigh’s appointment follows PlantX’s move to expand its market reach and grow its overall market presence On September 7, 2021, PlantX Life (CSE: VEGA) (Frankfurt: WNT1) (OTCQB: PLTXF) announced the appointment of Mr. Fred Leigh as a director and Executive Chairman…

ThursdaySep 09, 2021 2:24 pm

QualityStocksNewsBreaks – PlantX Life Inc. (CSE: VEGA) (OTCQB: PLTXF) (Frankfurt: WNT1) Announces Intention to Commence NCIB to Repurchase up to 5% of Its Common Shares

PlantX Life (CSE: VEGA) (OTCQB: PLTXF) (Frankfurt: WNT1) today announced its intention to commence a normal course issuer bid (“NCIB”), under which the company may purchase up to 6,071,757 of its common shares, representing approximately 5% of its issued and outstanding common shares. PlantX indicated that it is commencing the NCIB because it believes that the market price of the common shares may not fully reflect the underlying value of the company’s business and future prospects. PlantX believes that the repurchase of its common shares for cancellation represents an appropriate use of the company’s financial resources and will enhance shareholder value.…

TuesdaySep 07, 2021 11:51 am

QualityStocksNewsBreaks – PlantX Life Inc. (CSE: VEGA) (OTCQB: PLTXF) (Frankfurt: WNT1) Announces Strategic Board Appointment

PlantX Life (CSE: VEGA) (OTCQB: PLTXF) (Frankfurt: WNT1) today announced its appointment of Fred Leigh as a director and executive chairman of the company’s board of directors. PlantX also announced that it has dissolved its advisory board, previously chaired by Leigh, and that it believes his appointment as executive chairman will mitigate effects of the dissolution while providing additional cost-savings. Leigh has robust business expertise that includes four decades of capital markets experience, having played key founding and executive roles in establishing and scaling numerous public companies. “It is amazing that someone of Mr. Leigh's stature believes in PlantX,” said…

TuesdaySep 07, 2021 11:34 am

PlantX Life Inc. (CSE: VEGA) (Frankfurt: WNT1) (OTCQB: PLTXF) Bolsters Expansion Plans, Growth Strategy with Launch of Redesigned Shopify-Powered Canadian Website

PlantX’s operations are firmly anchored on three operational focal points, namely products, distribution and community The company is also guided by a growth strategy, under which the e-commerce platform is the main driver of growth In a recent press release, PlantX announced the launch of its redesigned Canadian website, powered by Shopify According to PlantX Founder Sean Dollinger, the decision to host the e-commerce platform on Shopify is strategic and complements the company’s mission and expansion plans As a multifaceted marketplace, PlantX Life Inc. (CSE: VEGA) (Frankfurt: WNT1) (OTCQB: PLTXF) aims to redefine the plant-based space by providing consumers with…

ThursdaySep 02, 2021 11:58 am

PlantX Life Inc. (CSE: VEGA) (Frankfurt: WNT1) (OTCQB: PLTXF) Q1 Statement Notes Revenue Growth Amid M&A Activity

The growing plant-based consumer market one-stop shopping solution PlantX Life announced its most recent Q1 financials on Aug. 30 The financial statement notes revenue growth of $3.95 million YOY (Canadian) as part of PlantX’s drive to build a number of verticals to support its one-stop- shop mission since the company acquired PlantX Living in a reverse takeover in August 2020 PlantX Life also improved on the previous quarter’s 23 percent gross margin to achieve a gross margin of 28 percent The company is expanding from its flagship store in Squamish, British Columbia to open similar stores in Southern…

WednesdaySep 01, 2021 10:55 am

QualityStocksNewsBreaks – PlantX Life Inc. (CSE: VEGA) (OTCQB: PLTXF) (Frankfurt: WNT1) Launches Redesigned Canadian Website on Shopify

PlantX Life (CSE: VEGA) (OTCQB: PLTXF) (Frankfurt: WNT1) today announced the launch of its redesigned Canadian website www.PlantX.ca, powered by Shopify. The new website features a refreshed and modern design, simplified navigation and upgraded search tools and functionality to enhance overall user experience and brand impact. “The decision to transition to Shopify as the main e-commerce platform to host the PlantX online presence is a strategic move that complements the company's mission and expansion plans,” said PlantX Founder Sean Dollinger. “By leveraging the Shopify embedded features, PlantX will be able to replicate its current Canadian model and launch additional websites…

MondayAug 30, 2021 2:50 pm

QualityStocksNewsBreaks – PlantX Life Inc. (CSE: VEGA) (OTCQB: PLTXF) (Frankfurt: WNT1) Announces Q1 2022 Results

PlantX Life (CSE: VEGA) (OTCQB: PLTXF) (Frankfurt: WNT1) has announced its interim unaudited condensed consolidated financial results for the three months ended June 30, 2021. All amounts are reported in Canadian dollars unless otherwise specified. Among the highlights, the company generated $4,089,705 in gross revenue, an increase of $3,956,815 from the gross revenue generated in Q1 2021, as well as achieved a 28% gross margin compared to 23% in Q4 2021. “PlantX continues to invest its efforts and resources strategically to grow and meet the demand for our plant-based products,” said PlantX Founder Sean Dollinger. “It is encouraging to see the…

ThursdayAug 26, 2021 1:58 pm

QualityStocksNewsBreaks – PlantX Life Inc. (CSE: VEGA) (OTCQB: PLTXF) (Frankfurt: WNT1) Is Leveraging Trends in Alcoholic Beverage, E-Commerce Sectors

PlantX Life Inc. (CSE: VEGA) (OTCQB: PLTXF) (Frankfurt: WNT1) recently announced it is now offering vegan wines as part of its expanding product selections on its U.S. e-commerce platform. Notably, while all wine is plant-based, not all wine is vegan. According to PlantX COO Julia Frank, who is quoted in a recent article, “The alcoholic beverage market is one of the fastest-growing industry segments in the U.S. and globally. The new vertical will allow PlantX to holistically meet customer demands and expectations by expanding its product offerings in line with its mission and values.” Findings of IWSR’s recent Drink Market…

ThursdayAug 26, 2021 11:06 am

PlantX Life Inc. (CSE: VEGA) (Frankfurt: WNT1) (OTCQB: PLTXF) to Capitalize on An Industry Set to Grow Fivefold by 2030

Plant-based dairy and meat alternatives sales are projected to reach $162 billion in 2030 The growth will be fueled by the growing popularity of the products and consumers becoming more conscious of the environmental footprint of food PlantX intends to capitalize on this growth. So far, it has invested in its infrastructure while also growing its product line that already comprises over 5,000 products According to a Bloomberg Intelligence report, in 2020, plant-based dairy and meat alternatives totaled $29.4 billion. It is projected that by 2030, sales will have increased to $162 billion, making up 7.7% of the global protein…

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