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‘Ensure that your diet is 90% to 100% plant-based’: 9 food rules from the world’s longest-living people SPONSOR: PlantX Life $VEGA.ca $PLTXF $BYND $TSN $CAG $FMCI $VERY $MEAT

Posted by AGORACOM-JC at 1:39 PM on Monday, January 18th, 2021

SPONSOR: PlantX Life (VEGA:CSE) (PLTXF:OTCQB)

The paradigm shifting, parabolic growth of plant based foods and a plant based life is unstoppable, with the plant-based food market alone expected to reach $74.2 billion by 2027.

PlantX Life (VEGA:CSE) (PLTXF:OTCQB) Is The One Stop Shop For Everything Plant Based + The  Digital Face of The Plant -Based Community with the following:

  • Plant Based Meal Delivery (20 meals)
  • Plant Based Snack Products
  • Plant Based Pet foods
  • Plant Based Restaurant Locator
  • Plant Based Recipes
  • Plant Based Essentials …. Like Chocolate (Essential?  You Bet)
  • And …… Plant Based …. PLANTS (It’s A BIG Business!)

More than just talk, VEGA is already in full swing and growing FAST

  • Already Operating In Canada
  • US Online Operations Kick Off With $USD 25M MIN of PlantX products YEAR 1
    • 6% Royalty Fee to PlantX on gross USA revenues
  • £8 million Acquisition of Bloombox In The UK, generating millions in revenue
  • Closed $11.5M Non-Brokered Private Placement
  • Monthly gross revenue of over $1M for December 2020
  • · ….. and just announced its Application To List On NASDAQ

Hub On AGORACOM / Corporate Profile

‘Ensure that your diet is 90% to 100% plant-based’: 9 food rules from the world’s longest-living people

By: Dan Buettner, Contributor

More than 15 years ago, I set out to reverse-engineer a formula for longevity. Working with renowned doctors and nutritionists, I identified several Blue Zones: Places around the world where people live the longest.

Along the way, I met experts who helped me understand why the foods people ate led to longer lives. We also distilled 150 dietary surveys of centenarians, or those who live to 100 or longer, to reveal the secrets of a strong longevity regimen.

These nine simple guidelines reflect what foods (and how of much of it) Blue Zone residents eat to stay healthy:

1. Ensure that your diet is 90% to 100% plant-based.

Centenarians eat an impressive variety of garden vegetables and leafy greens (especially spinach, kale, beet and turnip tops, chard and collards) when they are in season.

During the off-season, they pickle or dry the surplus. Beans, greens, sweet potatoes, whole grains, fruits, nuts and seeds dominate Blue Zone meals all year long.

Olive oil is also a staple. Evidence shows that olive oil consumption increases good cholesterol and lowers bad cholesterol. In the Greek island Ikaria, for example, we found that for middle-aged people, about six tablespoons of olive oil daily seemed to cut the risk of premature mortality by 50%.

2. Retreat from meat.

On average, Blue Zone residents eat about two ounces or less of meat about five times per month (usually as a celebratory food, a small side, or as a way to flavor dishes).

One 12-year study, which followed a community of 96,000 Americans in Loma Linda — a Blue Zone region in California — determined that people who lived the longest were vegans or pesco-vegetarians who ate a small amount of fish.

Vegetarians in Loma Linda, according to the researchers, were more likely to outlive their meat-eating counterparts by as many as eight years.

Okinawans in Japan probably offer the best meat substitute: Extra-firm tofu, which is high in protein and cancer-fighting phytoestrogens.

3. Go easy on fish.

In most Blue Zones, people ate small amounts of fish, fewer than three ounces up to three times weekly.

Usually, the fish being eaten are small, relatively inexpensive varieties like sardines, anchovies and cod —species in the middle of the food chain that are not exposed to the high levels of mercury or other chemicals that pollute our gourmet fish supply today.

Again, fish is not a necessary part of a longevity diet, but if you must eat it, elect varieties that are common and not threatened by overfishing.

4. Eat a daily dose of beans.

Beans reign supreme in Blue Zones and are the cornerstone of every longevity diet in the world: Black beans in Nicoya; lentils, garbanzo and white beans in the Mediterranean; and soybeans in Okinawa.

Most centenarians eat at least four times as many beans as Americans do on average — at least a half cup per day. And so should you. Why? Beans are packed with more nutrients per gram than any other food on Earth.

On average, they are made up of 21% protein, 77% complex carbohydrates, and only a few percent fat. Because they are fiber-rich and satisfying, they’ll likely help to push less healthy foods out of your diet.

5. Slash sugar.

Blue Zone communities eat sugar intentionally, not by habit or accident.

They consume about the same amount of naturally occurring sugars as North Americans do, but only about a fifth as much added sugar — no more than seven teaspoons a day.

Between 1970 and 2000, the amount of added sugar in the American food supply rose by 25% (about 22 teaspoons of added sugar per day) — generally, the result of the insidious, hidden sugars mixed into soda, yogurt and sauces.

If you must eat sweets, save cookies, candy and bakery items for special occasions (ideally as part of a meal). Limit sugar added to coffee, tea or other foods to no more than four teaspoons per day.

Skip any product that lists sugar among its first five ingredients.

6. Snack on nuts.

Eat two handfuls of nuts per day.

A handful weighs about two ounces, the average amount that Blue Zone centenarians consume: Almonds in Ikaria and Sardinia, pistachios in Nicoya, and all varieties of nuts with the Adventists in Loma Linda.

A study on food and longevity found that nut eaters outlive non-nut eaters by an average of two to three years. So try to snack on a couple handfuls of almonds, Brazil nuts, cashews, walnuts, or peanuts every day.

7. Sour on bread.

If you can, strive to eat only sourdough or 100% whole wheat bread.

Most commercially available breads start with bleached white flour, which metabolizes quickly into sugar and spikes insulin levels.

But bread in Blue Zones is either whole grain or sourdough. In Ikaria and Sardinia, breads are made from a variety of whole grains such as wheat, rye or barley, each of which offers a wide spectrum of nutrients.

Whole grains have higher levels of fiber than most commonly used bleached flours. Some traditional Blue Zone breads are made with naturally occurring bacteria called lactobacilli, which “digest” the starches and glutens while making the bread rise.

The process also creates an acid — the “sour” in sourdough. The result is bread with less gluten than breads labeled “gluten-free,” with a longer shelf life and a pleasantly sour taste that most people like.

8. Drink mostly water.

If possible, strive to avoid soft drinks, including diet soda. With very few exceptions, people in Blue Zones drink only coffee, tea, water and wine.

(Soft drinks, which account for about half of Americans’ sugar intake, were unknown to most Blue Zone centenarians until recently.)

Here’s why:

  • Water: Adventists recommend seven glasses of water daily. They point to studies showing that being hydrated facilitates blood flow and lessens the chance of a blood clot.
  • Coffee: Sardinians, Ikarians, and Nicoyans all drink coffee. Research associates coffee with lower rates of dementia and Parkinson’s disease.
  • Tea: Okinawans prefer green varieties, which have been shown to lower the risk of heart disease and several cancers. Ikarians drink brews of rosemary, wild sage and dandelion — all herbs known to have anti-inflammatory properties.
  • Red Wine: People who drink — in moderation — tend to outlive those who don’t. (This doesn’t mean you should start drinking if you don’t drink now.) People in most Blue Zones drink one to three small glasses of red wine per day, often with a meal and with friends.

9. Go whole.

We found that most centenarians traditionally eat whole foods.

These are foods made from single ingredient — raw, cooked, ground or fermented — and are not highly processed. They eat raw fruits and vegetables; they grind whole grains themselves and then cook them slowly.

They also use fermentation — an ancient way to make nutrients bioavailable — in the tofu, sourdough bread, wine and pickled vegetables they eat.

And they rarely ingest artificial preservatives. Blue zones dishes typically contain a half dozen or so ingredients, simply blended together.

Dan Buettner is a longevity researcher, National Geographic Fellow and award-winning journalist. He is the author of “The Blue Zones Solution” His latest bestseller, “The Blue Zones Kitchen,” fuses scientific reporting, National Geographic photography and recipes that may help you live to 100. Follow him on Instagram @DanBuettner.

Source: https://www.cnbc.com/2020/12/10/90-to-100-plant-based-diet-food-longevity-secrets-from-people-who-live-to-100-or-longer.html

PlantX $VEGA.ca $PLTXF Announces Partnership with Cosmetic Brand Nootka & Sea $BYND $TSN $CAG $FMCI $VERY $MEAT

Posted by AGORACOM-JC at 8:39 AM on Friday, January 15th, 2021
  • Entered into a strategic partnership with Nootka & Sea, a privately held British Columbia company that carries on the business of apothecary and cosmetics.
  • The addition of Nootka allows PlantX to further expand its category verticals.
  • Nootka’s products will be available to order in the Beauty section of the Company’s Canadian and U.S. e-commerce platforms, www.PlantX.ca and www.PlantX.com , this coming week.

VANCOUVER, British Columbia, Jan. 15, 2021 — PlantX Life Inc. (CSE: VEGA) (Frankfurt: WNT1) (OTCQB: PLTXF) (” PlantX ” or the ” Company “) is pleased to announce it has entered into a strategic partnership with Nootka & Sea (” Nootka “), a privately held British Columbia company that carries on the business of apothecary and cosmetics.

The addition of Nootka allows PlantX to further expand its category verticals. Nootka’s products will be available to order in the Beauty section of the Company’s Canadian and U.S. e-commerce platforms, www.PlantX.ca and www.PlantX.com , this coming week.

Nootka’s “Nootka & Sea” is a lifestyle brand with a West Coast feel. The brand complements the PlantX identity and expands the Company’s current verticals and partnerships. PlantX is well positioned to take advantage of this growing plant-based beauty and cosmetics market.

“We are aiming to be the digital face of the plant-based community, and as such we want to be able to carry and offer the very highest-quality products for our customers,” said Sean Dollinger, PlantX founder. “This partnership will help us capitalize on this exciting market.”

Source: https://agoracom.com/ir/PlantX/forums/discussion/topics/753100-plantx-announces-partnership-with-cosmetic-brand-nootka-sea/messages/2298110#message

PlantX $VEGA.ca $PLTXF Announces Monthly Gross Revenue of $1,029,883 for December 2020 $BYND $VERY.ca $INGR $VEGN $TOFB

Posted by AGORACOM-JC at 8:37 AM on Thursday, January 14th, 2021

  • Announced that it achieved record monthly gross revenue of $1,029,883 for the month of December 2020.
  • November and December to the exceptional branding, marketing and partnerships that the Company has been able to establish over the past 12 months.
  • The revenue figures demonstrate the viability of the Company’s business model and its successful ability to reach its target consumer market.

VANCOUVER, British Columbia, Jan. 14, 2021  — PlantX Life Inc. (the “Company” or “PlantX”) (CSE: VEGA) (Frankfurt: WNT1) (OTCQB: PLTXF) is pleased to announce that it achieved record monthly gross revenue of $1,029,883 for the month of December 2020.

For the month of November 2020, the Company achieved gross revenue of approximately $640,000. The Company attributes the increased revenue between November and December to the exceptional branding, marketing and partnerships that the Company has been able to establish over the past 12 months. The revenue figures demonstrate the viability of the Company’s business model and its successful ability to reach its target consumer market.

“2020 has been a trying year for all of us, but our Company is seeing incredible growth and some of the benefits due to the stay-at-home environment. In December 2019, we had essentially zero sales revenue. To go from zero revenue per month to $1million in revenue a month is a huge feat and a massive milestone for the Company. I also want to bring up the incredible growth we’re seeing on a month-to-month basis growing 60% in December from November. The Company has some new marketing initiatives in store for 2021, and we’re excited to continue our success!’’ stated PlantX CEO Julia Frank.

Read More: https://agoracom.com/ir/PlantX/forums/discussion/topics/753007-plantx-announces-monthly-gross-revenue-of-1-029-883-for-december-2020/messages/2297841#message

VIDEO – PlantX Life $VEGA.ca $PLTXF Blasts Into 2021 With Plant-Based Expansion In USA, UK, Europe, Israel and #NASDAQ $BYND $TSN $CAG $FMCI $VERY $MEAT

Posted by AGORACOM-JC at 6:03 PM on Wednesday, January 13th, 2021

The paradigm shifting, parabolic growth of plant based foods and a plant based life is unstoppable, with the plant-based food market alone expected to reach $74.2 billion by 2027.

PlantX Life (VEGA:CSE) (PLTXF:OTCQB) Is The One Stop Shop For Everything Plant Based + The  Digital Face of The Plant -Based Community with the following:

  • Plant Based Meal Delivery (20 meals)
  • Plant Based Snack Products
  • Plant Based Pet foods
  • Plant Based Restaurant Locator
  • Plant Based Recipes
  • Plant Based Essentials …. Like Chocolate (Essential?  You Bet)
  • And …… Plant Based …. PLANTS (It’s A BIG Business!)

More than just talk, VEGA is already in full swing and growing FAST

  • Already Operating In Canada
  • US Online Operations Kick Off With $USD 25M MIN of PlantX products YEAR 1
    • 6% Royalty Fee to PlantX on gross USA revenues
  • US Bricks & Mortar with San Diego flagship store opening in DECEMBER
  • £8 million Acquisition of Bloombox In The UK, generating millions in revenue
  • Closed $11.5M Non-Brokered Private Placement
  • · ….. and just announced its Application To List On NASDAQ

If you believe in the massive paradigm shift towards plant based foods and more, be sure to watch and share this great interview with PlantX Life Founder, Sean Dollinger.

You won’t just learn about a great small cap company, you’ll also learn how to live a healthier, tastier life.

PlantX $VEGA.ca $PLTXF Announces Application to List on #NASDAQ $BYND $VERY.ca $INGR $VEGN $TOFB

Posted by AGORACOM-JC at 8:43 AM on Monday, January 11th, 2021
PlantX | LinkedIn
  • Announced today that it has taken a significant step to enhance its investor profile by launching a new capital markets strategy focused on the United States.
  • As a result, the Company has applied to list its common shares on the NASDAQ Capital Market
  • PlantX believes that a listing on NASDAQ will provide even further opportunities to broaden its institutional and retail investor base and enhance the Company’s visibility while accelerating growth

VANCOUVER, British Columbia, Jan. 11, 2021 – PlantX Life Inc. (the “ Company ” or “ PlantX ”) (CSE: VEGA) (Frankfurt: WNT1) (OTCQB: PLTXF) is pleased to announce today that it has taken a significant step to enhance its investor profile by launching a new capital markets strategy focused on the United States (“U.S.”). As a result, the Company has applied to list its common shares on the NASDAQ Capital Market (“NASDAQ”).

PlantX believes that a listing on NASDAQ will provide even further opportunities to broaden its institutional and retail investor base and enhance the Company’s visibility while accelerating growth. PlantX hopes to further expose the Company’s brand to the U.S. market and ultimately raise the Company’s overall profile to enhance shareholder value.

Read more: https://agoracom.com/ir/PlantX/forums/discussion/topics/752724-plantx-announces-application-to-list-on-nasdaq/messages/2296950#message

Burger King $QSR.ca to launch 100% vegan burger for #Veganuary in the UK – SPONSOR: PlantX $VEGA.ca $PLTXF $BYND $TSN $CAG $FMCI $VERY $MEAT

Posted by AGORACOM-JC at 11:37 AM on Friday, January 8th, 2021

SPONSOR: PlantX (CSE: VEGA ) (Frankfurt: WNT1) (OTCQB: PLTXF) is the one-stop-shop for everything Plant-Based.

  • Aiming to be the most trusted destination for the plant-based community and those interested in living a plant-based lifestyle
    • Plant Based Meal Delivery
    • Plant Based Products
    • Plant Based …. PLANTS (It’s A BIG Business!)
    • Plant Based Restaurant Locator
  • 20,000 items including snacks, drinks and even chocolate
  • 20 unique 100% plant based meals for home delivery Learn More.

PlantX | LinkedIn

Burger King to launch 100% vegan burger for Veganuary in the UK

Burger King is launching a new vegan burger in the UK next week (11th January).

The new vegan burger comes a year after the chain released its plant-based Rebel Whopper, which was unsuitable for vegans because of it being cooked on the same grill as meat.

However, this time the US fast-food giant will sell a 100% vegan bean burger, which includes two signature veggie patties on a toasted sesame bun, topped with fresh-cut lettuce, juicy tomatoes, ketchup, and vegan mayo.

The burger is said to cost around £4.59 on its own, or £5.59 with a drink.

The Rebel Whopper

Last year, the chain launched a Rebel Whopper for Veganuary, angering many vegans because it was grilled on the same surface as the meat version.

It however said at the time that the burger was aimed at ‘flexitarians’.

Commenting on the plant-based Whopper, Toni Vernelli, international head of marketing at Veganuary, said: “For all of the important issues that Veganuary – and most vegans – are trying to address through their food choices it makes absolutely no difference whether the plant-based patty is cooked separately or on the same grill as the meat.

“What does make a big difference to animals and the planet is when non-vegans choose a plant-based menu option, enjoy it and then order it again.

“And that’s exactly who Burger King’s plant-based Whopper is aimed at, flexitarians who want to reduce their meat consumption for health or environmental reasons, or are considering going vegan.”

Veganuary launches

Burger King has joined a slew of retailers, restaurants, and fast-food chains that have launched new products for Veganaury this year.

Wagamama is moving ahead with a new vegan-themed menu for Veganuary amid its pledge to make 50% of its menu meat-free by the end of 2021.

The new menu offers plant-based versions of cult favourite dishes; Chilli Squid, sticky ribs, Firecracker Curry, and Grilled Duck Donburi, which the company hopes will entice even their ‘most set-in-their-ways meat-eating fans’.

Pret A Manger is adding nine new vegan items including breakfast items and wraps to its January menu, which will be launched at both Pret and Veggie Pret outlets nationwide.

Sandwich chain Subway has launched the vegan T.L.C. (Tastes Like Chicken) Sub and Vegan Double Choc Cookie, both of which are available to order in Subway stores just in time for Veganuary.

Source: https://www.totallyveganbuzz.com/news/burger-king-vegan-burger-veganuary/

PlantX $VEGA.ca $PLTXF Completes Acquisition of The Locavore Bar & Grill and Engages Investor Relations Providers $BYND $TSN $CAG $FMCI $VERY $MEAT

Posted by AGORACOM-JC at 7:28 PM on Thursday, January 7th, 2021
PlantX | LinkedIn
  • Completed the acquisition of Score Enterprises Ltd., a privately-held company that operates the Squamish -based Locavore Bar & Grill and other related businesses including the “Cloudburst Café”, and “Locavore Food Truck”.
  • The restaurant location will be redesigned as the PlantX Canadian Flagship brick and mortar shop.

VANCOUVER, BC, Jan. 7, 2021 – PlantX Life Inc. (the ” Company ” or ” PlantX “) (CSE: VEGA ) (Frankfurt: WNT1) (OTCQB: PLTXF) is pleased to announce that it has completed the acquisition of Score Enterprises Ltd., a privately-held company that operates the Squamish -based Locavore Bar & Grill and other related businesses including the “Cloudburst Café”, and “Locavore Food Truck”. The restaurant location will be redesigned as the PlantX Canadian Flagship brick and mortar shop.

Pursuant to the terms of the share purchase agreement (the ” Share Purchase Agreement “) between the Company, Score Enterprises Ltd.,(” Score “) and the selling shareholders of Score (the ” Sellers “), the Company acquired all the issued and outstanding common shares of Score for a purchase price of $1,350,000 , which was partially satisfied by the issuance of 1,897,152 common shares of the Company (” Consideration Shares “) at $0.539 per Consideration Share, that being equal to the 10-day volume weighted average trading price of the common shares of the Company on the Canadian Securities Exchange up until and including the close of business on November 25, 2020 . The remaining $327,435 was satisfied in cash.

Read More: https://agoracom.com/ir/PlantX/forums/discussion/topics/752587-plantx-completes-acquisition-of-the-locavore-bar-grill-and-engages-investor-relations-providers/messages/2296567#message

PlantX $VEGA.ca $PLTXF to begin trading on the OTCQB Venture Market

Posted by AGORACOM-JC at 9:09 AM on Tuesday, December 22nd, 2020
PlantX | LinkedIn
  • Announced that its common shares will commence trading on the OTCQB ® Venture Market in the United States under the symbol “PLTXF” effective December 22, 2020 .
  • The OTCQB Venture Market is for early-stage and developing companies. In order to be eligible, companies must be current in their financial reporting, pass a minimum bid price test and undergo an annual company verification and management certification process.
  • The OTCQB quality standards provide a strong baseline of transparency, as well as the technology and regulation to improve the information and trading experience for investors.

VANCOUVER, BC , Dec. 22, 2020 – PlantX Life Inc. (the ” Company ” or ” PlantX “) (CSE: VEGA ) (Frankfurt: WNT1) (OTCQB: PLTXF) is pleased to announce that its common shares will commence trading on the OTCQB ® Venture Market in the United States under the symbol “PLTXF” effective December 22, 2020 .

The OTCQB Venture Market is for early-stage and developing companies. In order to be eligible, companies must be current in their financial reporting, pass a minimum bid price test and undergo an annual company verification and management certification process. The OTCQB quality standards provide a strong baseline of transparency, as well as the technology and regulation to improve the information and trading experience for investors.

PlantX continues to advance its plans to open its first brick and mortar locations in San Diego, California and Squamish, British Columbia , with plans of future franchising across North America . PlantX will also continue to expand its e-commerce capabilities around the world with new and exciting partnerships, acquisitions and verticals in the plant-based industry.

The Company’s digital platforms PlantX.com and PlantX.ca currently make available thousands of plant-based products from top brands in the industry, offer indoor plant delivery, a restaurant locator, weekly-curated plant-based recipes, news articles and blogs. PlantX also recently announced its newly-formed Medical Advisory Board comprised of medical professionals from around the world to guide and support the Company’s products, recipes and educational offerings with medical and scientific expertise.

“The addition of another trading platform will continue to increase PlantX’s visibility with investors,” said Sean Dollinger , PlantX founder. “We as a company know plant-based living is the future, and it’s great that our investors and shareholders will be able to share in that excitement.”

PlantX’s shares will continue to trade on the Canadian Securities Exchange (CSE) under its existing symbol “VEGA” and the Frankfurt Exchange under the symbol “WNT1”.

The Company website is http://investor.PlantX.com/ .

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.

Forward-Looking Information

This press release contains “forward-looking information” within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward-looking information. In some cases, forward-looking information can be identified by words or phrases such as “may”, “will”, “expect”, “likely”, “should”, “would”, “plan”, “anticipate”, “intend”, “potential”, “proposed”, “estimate”, “believe” or the negative of these terms, or other similar words, expressions and grammatical variations thereof, or statements that certain events or conditions “may” or “will” happen, or by discussions of strategy. The forward-looking information contained herein includes, without limitation, statements regarding the commencement of the trading of the Company’s common shares on the OTCQB Venture Market, the expansion of the Company’s e-commerce capabilities, the opening of the Company’s new brick and mortar locations in San Diego, CA and Squamish, B.C and the business and strategic plans of the Company.

By their nature, forward-looking information is subject to inherent risks and uncertainties that may be general or specific and which give rise to the possibility that expectations, forecasts, predictions, projections or conclusions will not prove to be accurate, that assumptions may not be correct and that objectives, strategic goals and priorities will not be achieved. A variety of factors, including known and unknown risks, many of which are beyond our control, could cause actual results to differ materially from the forward-looking information in this press release including, without limitation: the Company’s ability to comply with all applicable governmental regulations including all applicable food safety laws and regulations; impacts to the business and operations of the Company due to the COVID-19 epidemic; a limited operating history, the ability of the Company to access capital to meet future financing needs; the Company’s reliance on management and key personnel; competition; changes in consumer trends; foreign currency fluctuations; and general economic, market or business conditions.

Additional risk factors can also be found in the Company’s continuous disclosure documents which have been filed on SEDAR and can be accessed at www.sedar.com . Readers are cautioned to consider these and other factors, uncertainties and potential events carefully and not to put undue reliance on forward-looking information. The forward-looking information contained herein is made as of the date of this press release and is based on the beliefs, estimates, expectations and opinions of management on the date such forward-looking information is made. The Company undertakes no obligation to update or revise any forward-looking information, whether as a result of new information, estimates or opinions, future events or results or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required by applicable law.

PlantX $VEGA.ca announces expansion into Israel $BYND $TSN $CAG $FMCI $VERY $MEAT

Posted by AGORACOM-JC at 8:53 AM on Thursday, December 17th, 2020
PlantX | LinkedIn
  • Announced its plans to expand the Company’s e-commerce platform into the State of Israel .
  • The Company’s Israeli expansion will also include establishing a future brick and mortar PlantX location in the country.
  • Company owns the domain www.PlantX.co.il and will be launching it with the flagship brick and mortar location. PlantX Israel customers will receive the same PlantX online experience and services as its North American customers, including plant-based meal delivery, indoor plant delivery, access to plant-based products, updated weekly recipes, a plant-based restaurant locator and informational articles regarding plant-based trends.

VANCOUVER, BC , Dec. 17, 2020 – PlantX Life Inc. (the ” Company ” or ” PlantX “) (CSE: VEGA ) (Frankfurt: WNT1) is pleased to announce its plans to expand the Company’s e-commerce platform into the State of Israel . The Company’s Israeli expansion will also include establishing a future brick and mortar PlantX location in the country.

Today’s announcement follows yesterday’s announcement of Psagot Investment House Ltd., an Israeli investment firm and Israel’s largest pension fund manager, leading the Company’s recently closed non-brokered $11.5 million private placement (for further details, please see the Company’s press release dated December 16, 2020 ).

PlantX Israel’s operations will be led by VP of Israel Operations Ms. Mili Ben-David and VP of Global Expansion Mr. Michael Blicher . Ms. Ben-David currently lives in the country and Mr. Blicher will be relocating to Israel to join the PlantX team. Ms. Ben-David and Mr. Blicher will be tasked with finding a suitable site for PlantX’s first brick and mortar location in Israel , building partnerships with local brands and chefs, and establishing and growing the PlantX community in the country. The duo will also help introduce popular plant-based US brands to Israel and importing popular Israeli plant-based brands to PlantX’s North American market.

” Israel overall has a strong leaning towards plant-based products due both to emerging trends and dietary laws that many Israeli Jews follow that prohibit meat or dairy following eating one or the other,” said Mr. Blicher, PlantX VP of Global Expansion. “We are thrilled and excited to expand our e-commerce platform to another international market, to provide Israeli consumers with enhanced choice, widen our product offerings with Israeli brands, and offer the unique PlantX shopping and customer service experience to Israel .”

The Company owns the domain www.PlantX.co.il and will be launching it with the flagship brick and mortar location. PlantX Israel customers will receive the same PlantX online experience and services as its North American customers, including plant-based meal delivery, indoor plant delivery, access to plant-based products, updated weekly recipes, a plant-based restaurant locator and informational articles regarding plant-based trends. The Israeli plant-based offerings will include an assortment of products including pantry essentials, groceries, vitamins, cosmetics and pet food.

PlantX’s Israeli expansion plans include the establishment of franchise locations across the country. The expansion of turnkey retail solutions and franchises in Israel will be led by Israeli-founded Iris Construction Management (” Iris “). Iris’ founders share a vision with PlantX to spread health, wellness and plant-based education to consumers. This partnership with Iris will allow PlantX to continue in its pursuit of becoming a one-stop shop for everything plant-based and a digital leader in the plant-based community.

“An advantage of working with Iris Construction Management is that our expertise has been proven across the world,” said Scott Kurz , Iris Construction Management Development Manager. “We can help franchises grow their business on a global scale and we are proud to help PlantX bring their innovative brand to Israel .”

“The Mediterranean diet has plenty of flavours with many vegan dishes,” said Ms. Ben-David. “Eating plant-based products was a way of survival, since the days of the ‘Kibbutz.’ This simplicity is still what we see on the table, especially at an Israeli breakfast table, which are known for their extensive spread of vegetables, grains and many different types of salads.”

PlantX continues to advance its plans to open its first brick and mortar locations in San Diego, California and Squamish, British Columbia , with plans for future franchises across North America .

Once complete, PlantX’s location in Israel will be the Company’s first overseas brick and mortar location and will feature a shop with a wide-variety of plant-based products, a plant-based café, a restaurant with plant-based pre-made meals and an education center for consumers to learn more about plant-based living. PlantX plans to continue to expand its e-commerce platform to other countries with new and exciting partnerships, acquisitions and verticals in the plant-based industry.

“Seeing our company grow around the world so quickly is very exciting and we could not be more pleased with our expansion,” said Sean Dollinger , PlantX founder. “When we have two incredible people like Michael and Mili on the ground in Israel and Iris Construction Management from Israel , it just makes a lot of sense.”

Corporate Update

PlantX announces that it has granted 1,870,000 incentive stock options (the ” Options “) to purchase common shares of PlantX (” Common Shares “) to certain consultants of the Company. The Options are exercisable for a five (5) year period at a price of $1.45 per share. One quarter (1/4) of the Options will vest every three months from the date of grant.

PlantX also announces that it has granted 4,153,000 restricted share units (” RSUs “) to certain directors, officers and consultants of the Company pursuant to the Company’s restricted share unit plan (” RSU Plan “). The RSUs have a term of one (1) year of which one quarter (1/4) of the RSUs will vest every three (3) months from the date of grant. The RSUs will not vest or be paid out until the RSU Plan has been approved and ratified by shareholders. The Company intends to seek shareholder approval of the RSU Plan at the Company’s next annual general meeting. Further details regarding the RSU Plan will be set out in the management information circular of the Company, which will be mailed to shareholders and filed on SEDAR in connection with the Company’s next annual general meeting.

PlantX also announces that it will issue an aggregate of 437,931 Common Shares to a consultant of the Company (the ” Consultant “), at a deemed price of $1.45 per Common Share for services rendered in accordance with the terms of a consulting agreement with the Company. The Common Shares issued to the Consultant will be subject to a 4 month hold period from the date of issuance in accordance with the policies of the CSE.

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.

The Company website is http://investor.PlantX.com/ .

Forward Looking-Information

This press release contains “forward-looking information” within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward-looking information. In some cases, forward-looking information can be identified by words or phrases such as “may”, “will”, “expect”, “likely”, “should”, “would”, “plan”, “anticipate”, “intend”, “potential”, “proposed”, “estimate”, “believe” or the negative of these terms, or other similar words, expressions and grammatical variations thereof, or statements that certain events or conditions “may” or “will” happen, or by discussions of strategy. The forward-looking information contained herein includes, without limitation, statements relating to the Company’s expansion into Israel , the establishment of brick and mortar locations in San Diego, CA , Squamish, BC and Israel , the receipt of shareholder approval of the RSU Plan and the vesting and settlement of the RSUs, and the business and strategic plans of the Company.

By their nature, forward-looking information is subject to inherent risks and uncertainties that may be general or specific and which give rise to the possibility that expectations, forecasts, predictions, projections or conclusions will not prove to be accurate, that assumptions may not be correct and that objectives, strategic goals and priorities will not be achieved. A variety of factors, including known and unknown risks, many of which are beyond our control, could cause actual results to differ materially from the forward-looking information in this press release including, without limitation: the Company’s ability to comply with all applicable governmental regulations including all applicable food safety laws and regulations; impacts to the business and operations of the Company due to the COVID-19 epidemic; a limited operating history, the ability of the Company to access capital to meet future financing needs; the Company’s reliance on management and key personnel; competition; changes in consumer trends; foreign currency fluctuations; and general economic, market or business conditions.

Additional risk factors can also be found in the Company’s continuous disclosure documents which have been filed on SEDAR and can be accessed at www.sedar.com . Readers are cautioned to consider these and other factors, uncertainties and potential events carefully and not to put undue reliance on forward-looking information. The forward-looking information contained herein is made as of the date of this press release and is based on the beliefs, estimates, expectations and opinions of management on the date such forward-looking information is made. The Company undertakes no obligation to update or revise any forward-looking information, whether as a result of new information, estimates or opinions, future events or results or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required by applicable law.

PlantX $VEGA.ca Announces Closing of $11.5 Million Non-Brokered Private Placement $BYND $TSN $CAG $FMCI $VERY $MEAT

Posted by AGORACOM-JC at 7:29 PM on Wednesday, December 16th, 2020
PlantX | LinkedIn
  • Announced the completion of its previously-announced non-brokered private placement of 20,909,091 units of the Company at a price of $0.55 per Unit for aggregate gross proceeds of $11,500,000
  • The Offering included the exercise of the Company’s over-allotment option that increased the size of the Offering by an additional 15% from an originally anticipated size of $10,000,000

VANCOUVER, BC , Dec. 16, 2020 – PlantX Life Inc. (the ” Company ” or ” PlantX “) (CSE: VEGA ) (Frankfurt: WNT1) is pleased to announce the completion of its previously-announced non-brokered private placement (the ” Offering “) of 20,909,091 units of the Company (each a ” Unit “) at a price of $0.55 per Unit for aggregate gross proceeds of $11,500,000 . The Offering included the exercise of the Company’s over-allotment option that increased the size of the Offering by an additional 15% from an originally anticipated size of $10,000,000 .

The Offering was co-led by Psagot Investment House Ltd. (” Psagot “), an Israeli investment firm and Israel’s largest pension fund manager, and PlantX founder, Mr. Sean Dollinger .  Psagot purchased 2,725,000 Units for gross proceeds of $1,498,750 and Mr. Dollinger purchased 1,000,000 Units for gross proceeds of $550,000 in the Offering. The Company intends to use the net proceeds from the Offering for business operations, expansion of its business and for general working capital purposes.

“We are beyond pleased with our closing and the support of Psagot,” said Sean Dollinger , PlantX founder. “This is just another sign that the plant-based industry is gaining traction around the globe and it’s only the beginning.”

Each Unit consisted of one (1) common share (a ” Common Share “) of the Company and one (1) Common Share purchase warrant (a ” Warrant “). Each Warrant entitles the holder to acquire one (1) Common Share at an exercise price of $0.75 per share until December 16, 2022 (the ” Warrant Expiry Date “). In the event that the trading price of the Common Shares on the Canadian Securities Exchange (or such other Canadian stock exchange on which the Common Shares are listed for trading) equals or exceeds $2.00 per Common Share for any period of 10 consecutive trading days, then the Company may, at its option, within 10 business days following such 10-day period, accelerate the Warrant Expiry Date by issuing a press release (a ” Warrant Acceleration Press Release “), and, in such case, the Warrant Expiry Date will be deemed to be 5:00 p.m. ( Vancouver time) on the 30th day following the issuance of the Warrant Acceleration Press Release (the ” Warrant Acceleration Option “).

Although the Offering was non-brokered, the Company compensated certain dealers (each, a ” Finder ” and collectively, the ” Finders “) that introduced subscribers to the Company by way of: (i) cash finders’ fee to each Finder equal to 7% of the aggregate gross proceeds of the subscribers introduced to the Company by such Finder (each a “Finder’s Fee ” and collectively, the ” Finders’ Fees “); and (ii) the issuance of non-transferable Common Share purchase warrants to each Finder equal to 7% of the aggregate Units of the subscribers introduced to the Company by such Finder (each a ” Finder’s Warrant ” and collectively, the ” Finders’ Warrants “). Each Finder’s Warrant entitles the Finder to acquire one (1) Common Share at an exercise price of $0.75 per share until the Warrant Expiry Date unless otherwise accelerated pursuant to the Warrant Acceleration Option. The Company paid a total of $430,495.65 in Finders’ Fees and issued an aggregate of 774,757 Finders’ Warrants to the Finders in connection with the Offering.

The securities issued in connection with the Offering, including the Finders’ Warrants, are subject to a four-month hold period ending on April 17, 2021 in accordance with applicable Canadian securities laws.

Certain insiders of the Company participated in the Offering and purchased an aggregate of 190,910 Units. Participation of such insiders in the Offering constituted a “related party transaction” as defined under Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (” MI 61-101 “), but was exempt from the formal valuation and minority shareholder approval requirements of MI 61-101, as neither the fair market value of the securities issued to the insiders nor the consideration paid by the insiders exceeded 25% of the Company’s market capitalization. None of the Company’s directors expressed any contrary views or disagreements with respect to the foregoing. The Company did not file a material change report 21 days prior to the closing of the Offering as the details of the participation of the insider of the Company had not been confirmed at that time.

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.

About Psagot Investment House Ltd.

Psagot is one of Israel’s largest investment houses. Psagot manages approximately 165 billion NIS on behalf of close to one million private investors, business clients and institutional clients. The investment house offers its clients a wide range of investment tracks and investment instruments adapted to meet investors’ various needs. Psagot Investment House is owned by Apax Partners

The Company website is http://investor.PlantX.com/ .

Forward Looking-Formation

This press release contains “forward-looking information” within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward-looking information. In some cases, forward-looking information can be identified by words or phrases such as “may”, “will”, “expect”, “likely”, “should”, “would”, “plan”, “anticipate”, “intend”, “potential”, “proposed”, “estimate”, “believe” or the negative of these terms, or other similar words, expressions and grammatical variations thereof, or statements that certain events or conditions “may” or “will” happen, or by discussions of strategy. The forward-looking information contained herein includes, without limitation, statements regarding the proposed use of the net proceeds from the Offering and the business and strategic plans of the Company.

By their nature, forward-looking information is subject to inherent risks and uncertainties that may be general or specific and which give rise to the possibility that expectations, forecasts, predictions, projections or conclusions will not prove to be accurate, that assumptions may not be correct and that objectives, strategic goals and priorities will not be achieved. A variety of factors, including known and unknown risks, many of which are beyond our control, could cause actual results to differ materially from the forward-looking information in this press release including, without limitation: the Company’s ability to comply with all applicable governmental regulations including all applicable food safety laws and regulations; impacts to the business and operations of the Company due to the COVID-19 epidemic; a limited operating history, the ability of the Company to access capital to meet future financing needs; the Company’s reliance on management and key personnel; competition; changes in consumer trends; foreign currency fluctuations; and general economic, market or business conditions.

Additional risk factors can also be found in the Company’s continuous disclosure documents which have been filed on SEDAR and can be accessed at www.sedar.com . Readers are cautioned to consider these and other factors, uncertainties and potential events carefully and not to put undue reliance on forward-looking information. The forward-looking information contained herein is made as of the date of this press release and is based on the beliefs, estimates, expectations and opinions of management on the date such forward-looking information is made. The Company undertakes no obligation to update or revise any forward-looking information, whether as a result of new information, estimates or opinions, future events or results or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required by applicable law.