PlantX Life (CSE: VEGA) (OTCQB: PLTXF) (Frankfurt: WNT1) today announced that, through its wholly owned subsidiary, New Deli Hillcrest LLC, has entered into an asset purchase agreement, dated June 1, 2021, to acquire certain assets of Liv Marketplace LLC for an aggregate purchase price of US$3,150,000. According to the update, California -based Liv Marketplace is the exclusive online fulfillment partner and retail distributor of PlantX products within the U.S. and is responsible for building and operating PlantX’s 4,515-square-foot brick-and-mortar retail store in San Diego, California. The San Diego location will be rebranded as New Deli by PlantX upon completion of the acquisition. “The acquisition is an important component of the company’s expansion process as it highlights the successful progression of the company’s brick-and-mortar operations,” said PlantX CEO Julia Frank. “New Deli by PlantX in San Diego will be used as a central retail and meal delivery hub in the United States and we are excited to have added an additional corporate-owned location.”
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About PlantX Life Inc.
PlantX aims to be the digital face of the plant-based community by utilizing its platform to be 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. PlantX 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, visit the company’s website at https://Investor.PlantX.com and the PlantX YouTube channel.
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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