QualityStocksNewsBreaks – PlantX Life Inc. (CSE: VEGA) (OTCQB: PLTXF) (Frankfurt: WNT1) Announces Strategic Coffee Business Acquisitions
PlantX Life (CSE: VEGA) (OTCQB: PLTXF) (Frankfurt: WNT1) today announced its acquisition of a majority equity interests in each of Eh Coffee Corp. and Portfolio Coffee Inc. from their respective shareholders for a purchase price comprised of common shares of PlantX and cash. With the acquisition, PlantX intends to sell the companies’ products via its online platform and physical locations. In addition, PlantX will exclusively use the curated beans to make coffee beverages in its state-of-the-art cafes located in XMarket Squamish, XMarket Venice Beach, XMarket Hillcrest, XMarket Tel Aviv, and the two upcoming XMarkets located in Hudson’s Bay stores (Yorkdale and…