PlantX Life (CSE: VEGA) (Frankfurt: WNT1) (OTCQB: PLTXF) has shared a corporate update with shareholders. The update included information regarding current and future company developments. Included in the update was mention of recent milestones for the company, including the success of New Deli, the brick-and-mortar store owned by subsidiary MK Cuisine Global LLC. The plant-based neighborhood bodega offers a delicious menu of plant-based foods and ready-to-go meals as well as pantry staples, snacks, coffee, beer and wine. The update noted that the deli’s offerings now include more than 500 plant-based items. In addition, the company has been working to rebrand its existing brick-and-mortar stores as XMarket; the rebranding strategy is designed to reflect the dynamic, interactive and diverse experience found at PlantX Life’s retail locations in both Squamish, British Columbia, and Venice Beach, California. The company also noted plans to open an XMarket deli in October in San Diego, California, and one in Tel Aviv, Israel, in November 2021. In addition PLTXF has granted some 120,000 incentive stock options to select company employees and consultants to purchase common shares of PlantX as well as a total of 2,880,000 restricted share units to certain company employees and consultants. The announcement also noted that PlantX Life executive chair Fred Leigh currently owns 2,100,000 common shares and has purchased 250,000 shares since his recent appointment as chair.
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About PlantX Life Inc.
PlantX is committed to becoming the digital face of the plant-based community as well as the one-stop shop for everything plant based. With its fast-growing category verticals, the company offers customers across North America more than 5,000 plant-based products. In addition to offering meal and indoor-plant deliveries, the company currently has plans to expand its product lines to include cosmetics and its own water brand — but the business is not limited to an e-commerce platform. PLTXF 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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