PlantX Life (CSE: VEGA ) (Frankfurt: WNT1) (OTCQB: PLTXF), a multifaceted marketplace providing consumers all things plant based, has entered into a membership interest purchase agreement with Little West LLC through its subsidiary PlantX Lifestyle USA Inc. The agreement outlines the intention of PlantX to acquire all of the issued and outstanding limited liability membership interest of Little West LLC. Based in California, Little West provides curated cold-pressed juices and products formulated to enhance health and wellness; the company’s products are all locally sourced, high-quality fresh ingredients. The products are available in California at Fortune 500 company corporate headquarters, coffee shops, restaurants, grocery stores and hotels. Whole Foods Market also features the company’s products in all 64 of its region stores throughout California, Arizona and Nevada. Little West noted that the agreement provides an exciting expansion opportunity for the company. The agreement is ideally timed as projections for the cold-pressed juice category indicate a CAGR of up to 10% from 2019 to 2025. “Little West cold-pressed juices are such a wholesome and exciting addition to the PlantX product range,” said PlantX founder Sean Dollinger in the press release. “All the ingredients are picked by local farmers and carefully curated to ensure that each juice plays a role in fighting infection, reducing cholesterol and high blood pressure levels, lowering inflammation, as well as addressing various other health issues. This acquisition complements the PlantX overall offering of health-promoting plant-based beverages and provides an invaluable strategic opportunity to forward the company’s impact and growth. Little West’s eco-friendly commitment to health and wellbeing is fully aligned with the direction in which PlantX is growing, and we’re delighted to have them join our growing company.”
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About PlantX Life Inc.
As the digital face of the plant-based community, PlantX’s platform is the one-stop-shop for everything plant-based. With its fast growing category verticals, the Company offers customers across North America more than 10,000 plant-based products. In addition to offering meal and indoor plant deliveries, the Company currently has plans underway to expand its product lines to include cosmetics, clothing, and its own water brand — but the business is not limited to an e-commerce platform. The Company uses its digital platform to build a community of like-minded consumers, and most importantly, provide education. Its successful enterprise is being built and fortified on partnerships with top nutritionists, chefs and brands. The Company eliminates the barriers to entry for anyone interested in living a plant-based lifestyle, and thriving in a longer, healthier and happier life. For more information about this company, please visit www.PlantX.com and www.PlantX.ca.
NOTE TO INVESTORS: The latest news and updates relating to PLTXF are available in the company’s newsroom at https://ibn.fm/PLTXF
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