JIVA Tech Stock Price, News & Analysis

PlantX Life Inc. has appointed Matthew Kenney, a renowned plant-based chef, as its Chief Culinary Officer to enhance its culinary development. This role is part of a new five-year partnership with MK Cuisine Global LLC. The company has also signed a non-binding letter of intent to acquire Plant-Based Deli, LLC for approximately $1,569,999, subject to due diligence and approvals. Kenney aims to innovate in PlantX's meal delivery and product selection while promoting plant-based living.

PlantX Life Inc. (OTCQB: PLTXF) reported record monthly gross revenue of $1,565,982 for March 2021, a 15.6% increase from February’s $1,353,613. Cost of Goods Sold were $1,152,276 in March and $994,260 in February. This marks a 43.7% increase from January 2021, indicating positive momentum in revenue growth. CEO Julia Frank highlighted the company’s strategic focus on expanding its market presence and product offerings, including plans for cosmetics and clothing. The financial data, though not audited, reflects a strong growth trajectory for PlantX.

PlantX Life Inc. (CSE: VEGA, OTCQB: PLTXF) has launched a new YouTube series titled Taste This!, aimed at educating consumers about plant-based products. Hosted by Adam Kruger, the series features blind taste tests of various food brands, facilitating informed purchasing decisions. This initiative is designed to enhance customer engagement and enthusiasm around featured brands. The first episode airs on April 9, 2021, at 6 PM PST. PlantX offers over 10,000 plant-based products, promoting a healthy lifestyle and community education.

PlantX Life Inc. (OTCQB: PLTXF) has received an Import License from the Canadian Food Inspection Agency, enabling it to import U.S.-manufactured plant-based products to Canada. This milestone enhances PlantX's distribution capabilities and strengthens its position as a leading provider of plant-based goods. The company aims to bridge the U.S. and Canadian markets, expanding access to vegan and vegetarian options. Additionally, PlantX granted stock options and restricted share units to its directors and employees as part of its incentive plans, reinforcing its commitment to growth.

PlantX Life Inc. (OTCQB: PLTXF) announced a collaboration with chef Anne Thornton to launch the new "PlantXReset" meal program. Inspired by Thornton's Plant Reset initiative, the program features five-day, plant-based meal plans designed for sustainable living. Initially available for delivery across Canada, with plans to expand to the U.S., the meals aim to improve well-being while reducing environmental impact. Each subscription includes 15 meals and donates meals to the L.A. homeless community. The partnership aligns with PlantX's mission to promote plant-based living and health.

PlantX (OTCQB: PLTXF) has announced that its Founder, Sean Dollinger, will participate in the Q1 Virtual Investor Summit from March 23-25, 2021. His presentation is scheduled for March 24th at 11:30 AM ET. The summit focuses on connecting small and microcap companies with investors, featuring over 100 companies and 300 investors. This event provides a platform for PlantX to showcase its comprehensive plant-based marketplace, which has been operational since February 2020, offering more than 5,000 items in diverse categories.

PlantX Life Inc. reported a remarkable 298% increase in gross revenue for Q3, totaling $1,832,484, compared to $459,982 in Q2. The cost of sales reached $1,465,879, producing a gross margin of 20%, up from 5.7% in the previous quarter. The company attributes this growth to expanded product offerings and strategic partnerships. The interim financial results for the three and nine months ended December 31, 2020, indicate a strong trajectory for the plant-based sector, emphasizing PlantX's position as a leader in this industry.

PlantX Life Inc. reported a remarkable 298% increase in revenue for Q3, reaching $1,832,484, up from $459,982 in Q2. The company achieved a gross margin of 20%, significantly improving from 5.7% in the previous quarter. This growth is attributed to expanded product offerings and strategic acquisitions. Key executives expressed confidence in the company’s potential in the plant-based market. Full financial statements are available on SEDAR.