New vertical will enhance the home-meal delivery service by cultivating a subscription-based “set and forget” option for consumers to have as many as 5 full days’ worth of nutritionally-balanced meals delivered to their door.
VANCOUVER, BC , Jan. 19, 2021 – PlantX Life Inc. (the ” Company ” or ” PlantX “) (CSE: VEGA ) (Frankfurt: WNT1) (OTCQB: PLTXF) is pleased to announce the addition of meal programs to the current meal delivery services already available on https://plantx.ca/plant-based-meal-delivery/ .
The new vertical will enhance the home-meal delivery service by cultivating a subscription-based “set and forget” option for consumers to have as many as 5 full days’ worth of nutritionally-balanced meals delivered to their door. The meal programs are provided in partnership with “Upmeals” and delivered from their HAACP-certified production facility. These meals will be curated by Ms. Amy Gensel RD , CSNC and will be positioned as a simple way to incorporate healthy and nutritious meals for the PlantX community.
As part of this announcement, PlantX is pleased to welcome Ms. Gensel to the PlantX Medical Advisory Board. Ms. Gensel is a registered dietitian that specializes in nutrition support at the Veterans Affairs Hospital in Palo Alto, CA. She has a passion for wellness and is also a group fitness instructor. Ms. Gensel brings 15 years of experience as a registered dietitian to the Medical Advisory Board and believes that nutrition plays a crucial role in disease treatment and prevention.
“We couldn’t be happier to have Amy on the Medical Advisory Board and helping us curate the meal programs. We’re committed to educating the public about healthy living, and this is another step in the journey”, said PlantX CEO, Julia Frank . “PlantX is focused on creating the ultimate customer experience that provides customers with flexibility for their food delivery options. PlantX meals will still be able to be ordered à la carte, but customers will now have the option to pre-order in 3 or 5-day quantities. This enhanced meal delivery service provides freedom from the hassle of cooking and meal-preparation”.
“I’m so excited to be able to help curate healthy, plant-based meals for the PlantX community,” said Ms. Gensel. “True fitness and health begins with what we put in our bodies.”
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.
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.
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.
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.
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.
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.
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.”
Posted by AGORACOM-JC
at 8:43 AM on Monday, January 11th, 2021
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.
Posted by AGORACOM-JC
at 11:49 AM on Tuesday, January 5th, 2021
As a PlantX partner, Else will expand product distribution, drive global awareness and sales via all Plant X channels, digital and physical locations.
Announced that it is will be listed on Plant X, the digital face of the Plant-Based community and one-stop-shop for plant-based products, as the first product available for order in the newly created baby products section of Plant X’s ecommerce platform ( www.PlantX.ca/baby ).
Plant X is now a publicly traded company in the U.S., Canada and Germany with brick and mortar locations on the way in North America and Tel Aviv, Israel .
VANCOUVER, BC , Jan. 5, 2021 – ELSE NUTRITION HOLDINGS INC. (TSXV: BABY) (OTCQX: BABYF) (FSE: 0YL) (“Else” or the “Company”) the Plant-Based baby, toddler and children nutrition company , is pleased to announce that it is will be listed on Plant X, the digital face of the Plant-Based community and one-stop-shop for plant-based products, as the first product available for order in the newly created baby products section of Plant X’s ecommerce platform ( www.PlantX.ca/baby ).
“We’re thrilled to be listed on the Plant X platform, and there’s a real need for such a community. Joining this innovative online platform solely dedicated to Plant-Based companies, aligns perfectly with our mission to bring real clean label, whole, sustainable, Plant-Based options for parents to nourish their children,” said Hamutal Yitzhak , CEO and Co-Founder of Else Nutrition. “We’re proud to be part of platform of like-minded, purpose-driven brands and raising awareness for Plant-Based Nutrition and its benefits to a growing segment of consumers. This will help bolster our presence in both North America and Europe ,” she added.
“Launching the new baby products section of PlantX.com with Else Nutrition is very exciting for us,” said Julia Frank , Plant X CEO. “We’ve seen the success of the baby formula vertical and having it in our Plant-Based umbrella only adds to the potential in this space.”
Plant X is now a publicly traded company in the U.S., Canada and Germany with brick and mortar locations on the way in North America and Tel Aviv, Israel .
About PlantX Life Inc.
As the digital face of the Plant-Based community, Plant X’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 Else Nutrition Holdings Inc.
Else Nutrition GH Ltd. is an Israel -based food and nutrition company focused on developing innovative, clean and plant-based food and nutrition products for infants, toddlers, children, and adults. Its revolutionary, plant-based, non-soy, formula is a clean-ingredient alternative to dairy-based formula. Else Nutrition (formerly INDI) won the “2017 Best Health and Diet Solutions” award at the Global Food Innovation Summit in Milan . Else Plant-Based Toddler Nutrition was a 2020 Top-seller on Amazon, in the New Product within Baby & Toddler Formula Category. The holding company, Else Nutrition Holdings Inc., is a publicly traded company, listed as TSX Venture Exchange under the trading symbol BABY and is quoted on the US OTC Markets QX board under the trading symbol BABYF and on the Frankfurt Exchange under the symbol 0YL. Else’s Executives includes leaders hailing from leading infant nutrition companies. Many of Else advisory board members had past executive roles in companies such as Mead Johnson, Abbott Nutrition, Plum Organics and leading infant nutrition Societies, and some of them currently serve in different roles in leading medical centers and academic institutes such as Boston Children’s Hospital, Pediatrics at Harvard Medical School , USA, Children’s Hospital of Colorado, Tel Aviv University, Schneider Children’s Medical Center of Israel , Rambam Medical Center and Technion, Israel and University Hospital Brussels, Belgium .
For more information, visit: elsenutrition.com or @elsenutrition on Facebook and Instagram.
TSX Venture Exchange
Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Caution Regarding Forward-Looking Statements
This press release contains statements that may constitute “forward-looking statements” within the meaning of applicable securities legislation. Forward-looking statements are typically identified by words such as “will” or similar expressions. Forward-looking statements in this press release include statements with respect to the anticipated dates for filing the Company’s financial disclosure documents. Such forward-looking statements reflect current estimates, beliefs and assumptions, which are based on management’s perception of current conditions and expected future developments, as well as other factors management believes are appropriate in the circumstances. No assurance can be given that the foregoing will prove to be correct. Forward-looking statements made in this press release assume, among others, the expectation that there will be no interruptions or supply chain failures as a result of COVID 19 and that the manufacturing, broker and supply logistic agreement with the Company do not terminate. Actual results may differ from the estimates, beliefs and assumptions expressed or implied in the forward-looking statements. Readers are cautioned not to place undue reliance on any forward-looking statements, which reflect management’s expectations only as of the date of this press release. The Company disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
Posted by AGORACOM-JC
at 9:09 AM on Tuesday, December 22nd, 2020
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”.
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.
Posted by AGORACOM-JC
at 8:44 AM on Tuesday, October 27th, 2020
Blackrock, considered by many to be the undisputed king of Wall Street with $6.5 trillion in assets under management, hasn’t just gone off dirty fossil fuels …
It also appears to be going off meat, another of the industries that is being spurned by the multi-trillion-dollar ESG movement.
recently upped the ante on this megatrend by bumping its iShares Total U.S. Stock Market Index Fund stake in plant-based meat superpower, Beyond Meat (NYSE:BYND) by another 15.76%.
Wall Street was caught napping when BlackRock stole the investing throne earlier this year by being the only huge fund to recognize the ESG investing megatrend.
By: OilPrice.com
Blackrock, considered by many to be the undisputed king of Wall Street with $6.5 trillion in assets under management, hasn’t just gone off dirty fossil fuels …
It also appears to be going off meat, another of the industries that is being spurned by the multi-trillion-dollar ESG movement.
Blackrock recently upped the ante on this megatrend by bumping its iShares Total U.S. Stock Market Index Fund stake in plant-based meat superpower, Beyond Meat (NYSE:BYND) by another 15.76%.
Wall Street was caught napping when BlackRock stole the investing throne earlier this year by being the only huge fund to recognize the ESG investing megatrend.
BYND
The question now is whether Wall Street will be caught napping again …
While the next megatrend takes shape.
Picking up steady momentum over the past half a decade, a global pandemic shifted this trend into top gear.
The trend is a plant-based lifestyle, and BlackRock is latching onto it in a big way.
Not only has animal-based food been proven to contribute to climate change, it has also been linked to the spread of pandemics.
And a plant-based diet isn’t the boring, tasteless vegan sacrifice it used to be. Now, it’s deliciously mainstream.
And this trend really does go… “beyond” meat.
The megatrend is an entirely plant-based lifestyle, and as big money such as BlackRock desperately searches for new places to park its billions of ESG-focused money, it could likely alight on this megatrend-focused company:
PlantX Life Inc (CNSX:VEGA), the company that’s hoping to upend the $950-billion meat industry and the $4-trillion global food services industry … with plants.
And the people behind it have disrupted markets before …
Infinitely Farther Than Beyond Meat
In a megatrend, it’s not enough to limit oneself to plant-based meat, or to a single brand that consumers can either like or dislike.
In a megatrend, it’s got to be bigger. It’s got to be a lifestyle. An entire “ecosystem”, which has now become the new ESG buzzword that rings loudly in the ears of big capital.
That’s exactly what PlantX is, and it has started to storm this megatrend with a fast-paced series of deals and acquisitions designed to capture–and create–North American market share that is about much more than … the new meat.
PlantX has its own plant-based food products, house plants, cosmetics, decor, pet food, and even its own celebrity chef.
You can shop online for just about everything you can imagine that is plant-based, shop in a smart store, order plant-based takeout or find the best places to dine vegan.
And if plant-based meals failed to get the taste buds flowing in Vegan 1.0, super chefs latching onto the megatrend have changed all of that …
PlantX
PlantX’s celebrity chef even makes meals for restaurants that have an urgent need to come up with more options for pandemic-panicked clientele that fear animal-based food.
Nor is the ESG trend about startups that don’t and may never profit (this isn’t Uber).
ESG
Instead, it’s about zero waste, ultimate efficiency, and high margins. It’s about “curation”.
For PlantX (CNSX:VEGA), that means profit margins that are beguiling because there aren’t any costs associated with inventory or warehouses, two of the biggest loss-making elements of the eCommerce sector.
And with all the fantastic margins lined up, PlantX is on an acquisition and deal-making tear:
In early September, it closed a $30-million deal with San Diego-based Liv Marketplace to build and operate PlantX’s first brick-and-mortar retail location in California. That confirms a huge push into the United States, with a 4,515-square-foot store that will sell a line of over 5,000 plant-based products.
PlantX acquired UK-based Bloombox Club in late September, and it’s now on target to hit $4 million in gross revenue and is expected to do $20 million in revenue over the next 12 months.
That same month, PlantX cut a series of deals with specialty producers, grocers, and even LA-based celebrity chef Gregg Drusinsky.
It launched its own glacial water brand in September.
On October 8th, PlantX jumped into the $38.4-billion North American pet food industry by launching yet another vertical with Kirtana Inc. products.
It’s teamed up with Vancouver-based UpMeal, which has a Grade A kitchen. UpMeal prepares the chef-designed meals from PlantX, making PlantX profitable right out of the gate. They use FedEx to ship across Canada, with bulk meals going to a single address and then immediately disbursed by local courier.
With profit margins of 55% for plants, 40% for online food, and 35% for delivery, PlantX is profitable right out of the starting gate.
It only started delivering meals to homes in April, and already it’s hit 10,000 meals.
And by early next year, it expects to be rolling out in the United States, UK, and Europe.
At the same time as it launches its first U.S.-based brick-and-mortar smart store in California.
This is the next-gen tech startup: It’s ESG-focused ecosystems with tons of verticals for making money. And PlantX’s verticals are unlimited …
Even more so when you consider that this is a community, not just a brand. It draws people into a digital plant-based space and keeps them there because–especially during a pandemic–human beings need a sense of belonging in something bigger than themselves.
And this is definitely bigger …
Remember the $26B Pet Food Megatrend?
Chewy Inc (NYSE:CHWY) was essentially created in a basement …
By savvy teenagers who are now billionaires.
These two teenagers created a dotcom delivery business in their basement. That business went on to become one of the biggest eCommerce businesses in Canada.
And then it became Chewy.com.
The pet food delivery company exploded on the scene, managing to steal half of Amazon’s market share in those segments.
Sold by its creators for $3 billion to giant PetSmart and is now worth a stunning $26.4 billion and has cornered some 50% of the U.S. market, compared to Amazon’s 45%.
Now Dollinger is looking to copy this idea, with PlantX–an idea vastly bigger than pet food. Dollinger also has pedigree having taken Namaste to north of a $1 billion valuation.
And his potential market is also vastly bigger because it doesn’t just include pets–it includes every living being.
And while Chewy.com has a limited number of verticals it can pursue, PlantX has zero limitations.
The Seeds of A Lucrative Lifestyle Rethink
Meat is now associated with poor health, shorter life-spans, the spread of disease … and pandemic.
For many who weren’t considering a plant-based diet, the pandemic has changed that.
Massive disruptions to the food supply chain gave us time to think as farmers were dumping produce and milk and culling animals when slaughterhouses shut down as COVID-19 breached their walls.
Fears of pandemic spread by the animal-based food industry, from swine flu and bird flu to salmonella and E. coli have hastened our flirtation with a completely new, plant-based lifestyle.
Just look at the pandemic-period retail sales for alternative meat alone:
And in Canada, too:
But out of crisis and chaos, as always, comes new opportunities.
Buying
Canada
And the new opportunities arising out of the pandemic are far more wholesome. They consider the people and the planet, but they also consider profit.
This is where the free market actually starts to work to the benefit of the world.
That’s the idea that underpins the ESG megatrend, and it’s why big money is shifting to this playing field. They see lower risk and higher profits.
PlantX (CNSX:VEGA) ticks all those ESG megatrend boxes.
It’s offering an entire plant-based “ecosystem”, which is one of the biggest de-risking factors for investors.
It’s backed by an eCommerce prodigy who’s been minting millionaires since he was a teenager and is ready to do it again.
It’s backed by Mother Nature, who’s come back with a vengeance to mint millionaires herself and change the way we live, and for how long.
Other companies looking to win big in the new “green lifestyle” trend:
Beyond Meat (NASDAQ:BYND) has exploded since its IPO in April, soaring by 111% in just a few short months. And it is just getting started. Today, the plant-based meat alternative giant is already worth nearly $12 billion, and new research suggests the market could climb to a whopping $74 billion in just the next few years. From “meatballs” to sausages and ‘hamburger, Beyond Meat is going above and beyond to expand its product line to appeal to every type of customer, and as this trend of plant-based foods catches fire, it’s likely to continue growing.
Beyond Meat’s mission statement speaks volumes, “By shifting from animal to plant-based meat, we can positively impact four growing global issues: human health, climate change, constraints on natural resources, and animal welfare.” It’s a clear-cut example of everything the new generation of investors is looking for in a company. It is combatting social challenges, climate change, and looking to tackle the hurdles facing our growing population.
While not exclusively engaged in plant-based meat alternatives, Tyson Foods (NYSE:TSN), is another company with an ESG twist. And even better, it has a wider selection of products available for both meat-eaters and plant-based diets. This is important considering almost 98% of consumers who buy plant-based products also buy animal meat.
Tyson is already a giant in the food industry, and it’s looking to win big as a growing number of Americans begin to identify themselves as “flexitarian.” While the “vegan wave” grabs more headlines, the reality is that most consumers are not 100% vegan. And that’s great for Tyson because it has a wide array of products to suit every customer’s tastes.
In a release, the company noted, “Tyson Foods is committed to sustainably offering the protein and food products that consumers want. Through the introduction of its Raised & Rooted™ brand of plant protein and blended protein options including burgers and nuggets, Tyson Foods has become the largest U.S. meat producer to enter the growing alternative protein segment.”
Kellogg (NYSE:K) is another giant in the food industry looking to expand its plant-based portfolio in a bid to compete with the success of Beyond Meat and unlisted competitor Impossible Foods. In 2019, Kellogg joined forces with Morningstar Foods to launch a line of plant-based products named “Ingogmeato.”
The company’s array of plant-based meat substitutes will be made from non-GMO soy, which is different than its peers. Beyond Meat, for instance, uses a pea protein substitute. Kellogg’s move is a bold one because, while the taste and texture are more similar to real meat, soy is a major allergen that could take away from some of its sales potential.
Despite this, however, Kellogg is clearly eying its share of this new market, and taking the younger generation’s push to go green – literally and figuratively – to the next level. In a statement, the company noted, “Our brand is really leaning in and making sure that we’re taking our responsibility as America’s number one veggie burger brand seriously.”
Salesforce (NASDAQ:CRM) isn’t a plant-based distributor, but it is a company to watch as the broader ESG push catches fire. Though its primary function is as a SaaS company focusing on creating a platform to improve customer service, it’s diving in headfirst in its commitments to sustainability, charity, and overall positive action within the community.
ESG is a big part of Salesforce’s core values. In fact, Salesforce CEO Marc Benioff wrote in an op-ed for New York Times arguing for a new form of capitalism that, “In the United States, income inequality has reached its highest level in at least 50 years, with the top 0.1 percent — people like me — owning roughly 20 percent of the wealth while many Americans cannot afford to pay for a $400 emergency. It’s no wonder that support for capitalism has dropped, especially among young people.”
Amazon (NASDAQ:AMZN) is going all-in on the ESG boom. The tech giant has gone from selling books to selling practically every other imaginable item from one easy-to-use website. And it’s done so with an ESG twist. Not only has Amazon taken the lead in reducing its own emissions, but it’s also pushed its suppliers, manufacturers, and delivery infrastructure to do the same.
And it’s just getting started. Given the fact that it is on the cutting-edge of consumer data, with over 600 million items for sale, Amazon has been able to predict consumer trends and bring in new offerings that will suit consumer needs. And that includes entire departments dedicated to plant-based diets and other plant-based lifestyle options. It’s truly got its fingers in every pie.
Canadian:
Burcon NutraScience Corporation (TSX:BU) is a Canadian tech firm transforming what people think about a plant-based diet. It is known for its high-purity, sustainable, flavorful, and affordable products. The company has checked every box in the modern customer’s book. Founded over 20 years ago, Burcon has been at the forefront of the since 1998, and it’s only become more refined since.
In its mission statement, Burcon explains that it “seeks to improve the health and wellness of global consumers through the discovery and development of sustainable, functional, and renewable plant-based products for the global food and beverage industries.”
Else Nutrition Holdings Inc. (CSE:BABY) is a unique plant-based lifestyle company from Canada. Else Nutrition has taken a different approach than many of its competitors, specializing in baby food. The company was a first-mover in this interesting space, offering a well-rounded, clean, sustainable plant-based approach to baby food.
Else Nutrition’s products deliver all of the same benefits as typical baby food, but with a plant-based twist. In fact, 92% of their products are made from three core healthy ingredients, almonds, tapioca, and buckwheat. And the best part is that they keep the good parts of the food intact. They never alter the plants’ chemistry or remove any of the micronutrients, they just change the texture.
Maple Leaf Foods (TSX:MFI) is a major player in the Canadian food industry. For 30 years, Maple Leaf has been making key acquisitions, producing top-quality food, and leading in new innovations to make sure to deliver the absolute highest quality products for all of its consumers around Canada. And in 2019, it announced its plans to jump into the plant-based foods world with a $310 million facility in Indiana.
Maple Leaf Foods is also committed to cutting its own carbon footprint. In fact, in November last year, the company announced that it was the first major carbon-neutral food company – a major accomplishment in a world that is transitioning to green energy.
The Very Good Food Company Inc. (CSE:VERY) is an innovative Canadian company that making major waves in the “green lifestyle” movement. With the slogan, “we believe in butchering beans, not animals,” they’re looking to tap into the plant-based niche in a hurry. And it’s resonated very well with investors.
Since IPOing earlier this year, the Very Good Food Company has seen its share price grow by over 70%, and it is just getting started. The company is aggressively opening new facilities, signing high profile deals, and is quickly becoming a favorite in Canada’s fast-growing plant-based lifestyle scene.
Modern Meat Inc (CSE:MEAT) is a Canadian alternative to its American cousin, Beyond Meat. It has nailed its marketing angle with a series of appealing Instagram-worthy products that could easily sway even the biggest meat eater. The company is looking to make the plant-based lifestyle trendy. And consumers are loving it.
Modern Meat announced in early October that its stock had sold out for over 15 weeks in a row. “We are pleased to announce that our sellout streak is continuing and there is an obvious demand for our products. Despite the interest in our products we are currently constrained by our production capacity and continuing the set-up of our new facility,” stated Tara Haddad, Chief Executive Officer of the Company.
By. Paul Reed
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Posted by AGORACOM-JC
at 3:14 PM on Monday, October 26th, 2020
Welcome to be on the press release a production of AGORACOM in which we speak with small cap executive right after they put out important news, with us again we’re happy to have her back Hamutal Yitzhak. co founder and CEO of Else Nutrition trades on the TSX venture on the stock symbol B. A. B. Y. baby and for our friends the U. S. under BABYF for those of you new to the story it’s gonna be some yeah even though ELSE has been a real market Darling in 2020 this is the Israeli based award winning plant based food nutrition company a give small cap investors not to participate in this global paradigm shift towards plant based clean label foods and more than just lip service the company now has $30M in cash thanks in part to be backed by a 2.7B Hong Kong listed conglomerate that owns a proxy 11.6 percent of the company plus non dilutive rights that they led a recent 25.7M investment and their goal is to help the company signed international agreements which is great when you consider the fact that the company’s been awarded top times in 22 countries with 44 countries pending including our recently receiving a key USDA certified organic certification to launch the world’s first 100 percent plant based non dairy non soy baby formula in the US where they’re already going direct to consumer via Amazon and their own Estore as well as grocery and natural food stores thanks in part to a distribution agreement one of the biggest in the country in the industry here to talk about all that is Hamutal welcome to the show, Hey hi George how are you I’m very excited to be here with you. Well great I want to congratulate you on this recent financing that’s a fantastic achievement and let’s talk about that you know would we know the total not the total number of dollars raised what are you going to be using this war chest for these proceeds. Yet will still first of all them we plan to use proceeds mostly for sales and marketing them our digital social endeavors and social influencers and and also retail promotions in store give it is for sure I am absolutely R&D clinical studies them new product development and scale up stick we’re doing all the time and some inventory build up which is something that day as we roll out and into the retail space is going to be growing at an exponential growth rate and we are also and investing in our own production capacity for some of the ingredients which are holding our our I mean we have a certain I. D. for certain ingredients which are exclusively and manufactured for us and in certain places and we would like to take that into the company which is the most that you’re valuable precious asset of the company and of course working capital and then general corporate purposes saying on top of everything. I want to go into the specifics about you know distribution the U. S. and all that but first you know this financing was was led by your strategic investor H &H global tell us about that relationship where it sat and where it’s going. Yes so H&H backed as you said is that in Hong Kong and Hong Kong listed tech company with a market market cap of about them almost $3B and annual revenue of about 1.5B and in 2019 and I think they’re on the road to become a global leader in advanced baby and adult nutrition as I see em there through their international presence down they have grown to have and 4 brand centers in Australia China France and United States and R&D centers as well in China and France and some other countries and as you said they’ve increased their stake in that and else and we are working all together very closely and to them actually launch a product in Europe in their rankings in the friendship through their French operations which is a very strong operation in the baby and infant and space am and we are we’ve started negotiating with them also and the Chinese from but this is only very actively preliminary we’re building the strategy and that the whole the whole business plan to penetrate the Chinese cross border platform which is a very strong and robust operations that they’ve got and the Chinese market of course is a very important market for Else it actually represents half almost half of the infant and nutrition market globally. Well that’s exciting because I know you stated that from the first day that we started doing interviews together that you’ll one key part of that relationship is to help with international expansion into here for me now that you know conversations are beginning for France and China and so on that’s fantastic news and you know it just supports why they continue to lead financing rounds and maintain their racial ownership sought you know that that that alone I think speaks for itself let’s talk about the US market you officially launched your toddler. That was more on the eve calmer side can you tell us more about the U. S. launch strategy because I know you’re going direct to consumer as well as right into the physical grocery store let’s talk about the U. S. launch strategy because that’s obviously a big one as well. Yes as you probably know he already met and mentioned that we are already on line with our Estore and the Amazon store which has been open about 2 weeks ago and At we already see a lot of traction and there have been disclosed at the sales you’ll be seeing that in them financial reports soon and so let’s let’s speak a little bit about and first of all our our marketing strategy you are go to market strategy as an overall it is an overarching asking over arching aspect so we focus on 3 target groups which we have identified while researching the north American market Ephesians the flexitarian and which are one group the allergic intolerant families and that I call them healthy progressive consumers those who really know back everything that that that there is on the reading list and they prefair at the minimalist standards that as little ingredients as possible in their foods these are 3 groups and these are at our elite doctors and we see great traction in the great acceptance of the brand in in those groups and there also are masters they keep reaching our story on social add channels to their friends and family and to have a room they can add their speaking in between one another and we’re helping them to do that and for to amplify that using a very big community of influencers and plant based parent in in the client base and parents faced with who will be promoting the brand and and they are so enthusiastic to do that even more than doing just a business with us because they’re reading start cited about having something right your friend so new that really you know enables the choice for parents which hasn’t been there for so many years yeah so they’re happy to be part of a double bonus one is obviously as influencers they’re working with you that’s great but the second point they’re promoting a product that they know is going to make a significant impact is it in toddler health so that’s a. Yeah that that’s a word that’s a win win for our for everybody. Sure it’s not a surprise go ahead go ahead yes their bonds to the rack to this brand is is more than just business it’s really emotional they’re very excited they’re kind of an impact mission to do something else to do something better for everyone and I’m sorry all emission. Yeah I did your media if you got passionate influencers are it’s hard to lose when you’ve got passion and influence behind it and it shouldn’t surprise you how Mattel right I remember that a couple months back you had done some surveys online about the product in the country before you started commercializing before we start launching you had some pretty good results there right from from surveys about how people were going to be accepting the product how likely they were to purchase correct. Absolutely we see that already in action that that we we’ve seen as 60 percent of them of the hand of those who were surveyed and it was then a representative sample of the American parents and in the right ages as so we’ve seen 60 percent and willingness to by the brand and in whatever price they will be in in the in that actually in that S. R. P. that we’re talking about and and there was no there was no way I am how do you say that there was no flexibility and in terms of I mean if you would that have. Grease the price a little bit there they would still want to buy the product because there’s something about this sure the need is so big then there is no there’s no lab price and flexibility on that I mean there’s and a very very high and strong demand. And to get such an option in we can see that also and I’m with them celebrity influences that are and getting engaged with the brand we have. Several of them already approached us and am actually showed interest in working with us which is something quite give me one. And we already have one engage with us and which is Hilaria Baldwin the wife of Alec she’s a tier one influencer in the parenting and plant based based them she will help us yeah I mean she she approached us by searching for a better nutrition for her daughter she’s a mother of 5 and them so she’s she will be helping us through creating social media video content and that will actually highlight her findings and her journey as a plant based mother and so this is another sign of them of the traction of the vibe that you’re creating because people are really interested and even celebrities are seeing the value that we bring into that market and another thing that we’re going to do is after the elections will be launching an overarching euro campaign and am about and and else world that you’re creating which is a different world wow okay that’s good because I need to say I can’t wait till I can’t wait to see that absolutely said it’s really an exciting video it’s an it’s an animated video and that we’re working very hard on social and influential marketing channels to bring else to to the US public at work this. Well that’s also gonna pay off in what I’d like to call the real world you’ve got you’ve got social media influencers you’ll direct to consumer E. commerce Amazon but you’ve also got you know the fact of matter is we still got store shelves all across America and you need to find a way to get there and seems like you have you signed a key distribution agreement with one the largest most well regarded fresh natural organic specialty Ford food distributors in America and North America I thought that was a phenomenal. Yeah how important is this to the company. Yeah well. K. he is this is the distributor and it’s one it’s released one of the largest and most regarded and natural food and natural products distributors in North America the F. 57 years of experience in that in this space and actually this agreement to open distribution for else over they they got over 16 distribution centers across North America so this will be opening at ground breaking at this will be opening at stop thousands of store shelves in the United States where else and so. I’m actually we’re going to start rolling out with them from the vendor and and they’re gonna start Making that our products from 2 and distribution centers in California and Oregon right and they’ve got like are above 5000 employees in North America and they’re serving potentially for US 30000 retail outlets so just think about the potential and growing into that am. So this is this is really asking for Else in them it’s means that our products will soon be available to customers at their favorite stores across America and it’s it’s really it marks a major step in distribution and we are thrilled to be working with the real leader in natural food distribution I think that also serves as another indication of third party validation it’s very important because it’s one thing for ham Italian sack and her team to come on say we got this great product is the best product and world but you’ve got multi food conglomerates out of Hong Kong you’ve got the biggest some of the biggest distributors in North America who are participating with you and that you know they they just don’t do that unless with their expertise they’ve already determined right that the you’ve got a great product so I think that’s fantastic. Validation that we also we already see and I mean there is a great and acceptance it with them so many retailers that we’ve already are in talks with me it’s just an underpriced this through them and not through them some of them are not through them but it’s all coming from our and you know from the retail brokers that we are engaged we have 5 regal brokers and even gave an asset right you a few months ago but then there started working so now they have the distributor so we’re all set to start really rolling out immediately and we we can already see that happening with so many changes that we are talking to alright. Yeah you got your supply chain totally lined up right now metallic. Production inventorydelivery all that’s already read it I know it is but be good for going on to just gonna reaffirm that referring we at we are we just I mean we have announced and that we have that already and produced a second and a second manufacturing that run which was 3 times in volume it’s was produced successfully it’s currently being packed in them so and and the other at the next run he’s already booked them for November so we’re really rolling out and those things we are all set and we are preparing for the growth so everything is going to be in place once we need that. Give us an indication now is you’ve got all your ducks in a row you got supply chain lined up you got funding lined up you’ve got the distribution agreements lined up you got everything lined up what is rolled out to you very much fact that that the the the key he is started distributing November through California Oregon distribution centers take us through what may be the next I know 6 to 12 months looks like in terms of continue roll out with them and your other disturbed is good we’re all forget about them they’re also very sick of instructors you know do you have any sense of it I don’t want to pin you down in numbers but do you have any sense for what the rollout would look like over the next 6 to 12 months across North America. So excited first and foremost will be rolling out into more and more retailers which is news in itself it’s it’s the most exciting news and for investors to know that we are expanding and we are selling more and more of course the awareness of the brand will be much larger as our neighbors and our and. And in marketing will grow of course after this M. financing round if you can afford a much stronger and spend in marketing your at we’ll be announcing them of course material listings Hey and with the larger nationwide retailers as they happen. And there will be several new product launches in the kid’s space and then the baby space and as well as new territories graduations and with aging age and independently at we will start the pathway of clinical delegating some of some of them I can say miraculous life changing impacts that we already see with else while that’s saying a lot while we’ve seen indications and saying it’s only indications is only incidence with certain consumers and which currently are very few but these things are really happening that parents are scared testifying about healing effects that else has. Parents are saying that they were there children were healed from P. C. mask from allergies they are starting to gain weight with not not being able to do so at with other formulations that that they were using and they’ve used everything that was there so things like that needs to be validated and we’re starting to and consider a clinical pathway to validate that. So this is something we’re going to do in the next months and needless to say we we there are long term processes that take place in the company which their immediate and outcomes are not seen now but they’re always in progress and they will eventually have a great impact on the company’s performance I’m referring to the processes such as that you know them that breakthrough plant based clean label infant formula for babies that from 0 to 12 months for example or things that we’re developing without contrition there are things that are longer term and they’re taking that they would take more than a year or even 2 years but these things are on the go I mean we are doing that we are on the pathway and this is something that investors don’t necessarily see or get the notion off so it’s important to mention that am. So I think more or less this these are the things that we we can anticipate in the next in the next coming months well that’s good that’s a great pipeline of things that’s a that’s a fantastic in person I know it’s not around the corner but I can’t wait for the adult versions of of your products you know I’m Greek a traditional meat and potatoes eater my most of my life but I’m starting to really see the value of all plant based clean nutrition eating and I would I don’t know what to wear to look quite frankly I don’t know what to trust but I know that I can trust products coming out about so at about so I can’t I can’t wait to see you guys launch that surely I can tell you that sometimes when I forget to order my my lunch in the office I just definitely be Else that colder and just drink it and it’s so full of energy and he brings me to a and gives it a completely different day when I when I’m on that diet. So I just can tell you from my own my own experience that I can recommend that will you be having distribution obviously the like Canadians who are watching this as well we know that you’re going to be going after U. S. market will it be in Canada soon as for the north American just return description you S. for now yes it is shipped to Canada from Amazon I mean not present from our Estore well working on and possibility that each will be shipped to Canada from the Amazon.com store but we don’t comply to the Canadian regulation in terms it’s just a matter of that changing some vitamins and minerals we have to create a different formulation right another run at different run for the Canadian market which is something to consider to do but first we wanted to focus on bringing the product into the U. S. market and that was that you know focus focus focus always focus so we wanted to do that and now we’re we’re creating additional protections for additional jurisdictions service Canadian is on that you know is on the table it’s not yet there we’re working on the European French formulation yeah those are bigger populations right Candice still small market relative to where you’re going after. In terms of which what how big is the markets we are dressing cell but absolutely we are very confident that about the fact that our many of our investors are Canadian we’re a Canadian company says it’s in our hearts and we are working to bring a Canadian firm relation as soon as possible back with that you know with the limitations of what the company can do at a certain time and. And don’t worry about that in the meantime the Canadian the Canadian audience will grow with the company as investors and eventually and when you get there they’ll grow physically with the company as well from from a product point of view and haven’t talked to make this considerations in terms of that you know the profitability and the yeah and to do this prioritization for themselves as well. That this is something that I’m sure that they want to congratulations I think god’s fair to say I speak on behalf of everybody when I congratulate you and your team we know that’s a big team effort over there for sure when you know we’re not just saying that as an empty platitude but big congratulations I feel a lot of pride for the fact that we’re partnered with you but I’m sure that I speak on behalf of everyone and and how you and your team to develop this company from us financial security point of view from a product point of view and now distribution point of view and what it sounds like you know more research and development point of you coming in the next 6 to 12 months with other territories last word to you to to speak to your shareholders. Yes I really want to thank all our shareholders and for their trust and for their faith and then in plant based that in in general and in Else and specifically are particularly and I can tell you that we are doing it again and saying that again we are doing our utmost to make this company a great success on a global scale and we have a wonderful team that works days and nights for that purpose we are really driven with our mission and I think it’s the most important thing because we’re not just doing business with changing thought something for the best work for the benefit of children and and and and babies in this world and they are the next generation and they they deserve better so here here we are. Well that’s a great thing about these videos will and that that is that the passion your passion really comes through here whereas a lot of companies will want to talk about just the numbers and just deal maybe their stock price something like that it’s clear how passionate you are about the space about the product about helping families parents toddlers and eventually big people but it really comes through. Thank you so much for joining us today I know you’ve got a lot of your plate we all know you do with the fact you take the time out like this is deeply appreciated. Thank you so much he was always it’s always a pleasure to talk to you and this was that like that again thank you well one of these days with the travel restrictions are done I guarantee I’ll be flying out to Israel will be doing it in person from the offices give everyone a great a great you know personal interactive experience with you but thank you thank you so much. mail out of that else products that’s what I need if that’s what needs to happen to get the old products all flights to and I’ll do whatever that’s how valuable they are yeah absolutely okay. Everyone at home you’ve been watching or if you listen via podcast how Hamutal Yitzhak ico founder and CEO of else nutrition the company trades on the TSX venture exchange on the stock symbol B. A. B. Y. now you know the relevance of that stock symbol if you didn’t know before because you knew the story and for our friends the US under B. A. B. Y.F after what’s left for you to do now if you haven’t already done it is your due diligence get to the agora com hauled for else nutrition take a look at the profile page because we know there’s a lot of information consumer this a disruptive companies in the food nutrition space and yelled new investors won’t understand everything the company is doing just to watching one video so get to the profile read through there to really get a grasp of it watch a couple videos I saw I have strongly recommend that we’ve already done with Hamutal and then make sure you get over their site to complete your due diligence and hopefully you discover your next great small cap company thanks for joining have one have a fantastic day the next time.
Posted by AGORACOM-JC
at 8:57 AM on Monday, October 26th, 2020
Company has agreed to partner with Les Marches TAU Natural Food Stores who will assist PlantX in launching a new line of PlantX private label products, make available TAU’s products to the PlantX e-commerce platform and provide consulting services for PlantX’s planned brick and mortar locations
New private label products will include PlantX Organic Black Rice, PlantX Red Pepper Tapenade, PlantX Extra Virgin Olive Oil, PlantX Chocolate Hummus and PlantX Coffee Beans, among others
VANCOUVER, BC , Oct. 26, 2020 – PlantX Life Inc. (the ” Company ” or ” PlantX “) (CSE: VEGA ) (Frankfurt: WNT1) is pleased to announce that the Company has agreed to partner with Les Marches TAU Natural Food Stores (” TAU “) who will assist PlantX in launching a new line of PlantX private label products, make available TAU’s products to the PlantX e-commerce platform and provide consulting services for PlantX’s planned brick and mortar locations.
The partnership will allow PlantX, the digital face of the plant-based community and the one-stop-shop for everything plant-based, to further expand its category verticals by adding more options to its private label selection, which currently includes Canadian glacier water and plant-based meals. The new private label products will include PlantX Organic Black Rice, PlantX Red Pepper Tapenade, PlantX Extra Virgin Olive Oil, PlantX Chocolate Hummus and PlantX Coffee Beans, among others. These private label products will be 100% plant-based and organic, and will be available on the Company’s ecommerce platforms, PlantX.com and PlantX.ca , and on the shelves at LIV Marketplace in San Diego . The Company believes that private label products will be an important growth segment for PlantX. According to ResearchAndMarkets.com, the global private label food and beverages market is expected to grow by $215.81 billion during 2020-2024. 1
TAU will make available its products from its six mega health food stores to the PlantX e-commerce platform, which will allow for the addition of over 5,000 new items, including brands like Silk, Gardein, Yves Cuisine, Earth Balance and Vega , to the PlantX inventory. With years of experience in the supermarket space, TAU will also provide consulting services to PlantX to develop floor plans alongside Iris Construction Management and make suggestions for the Company’s Liv Marketplace location in San Diego , as well as future franchise locations based on its extensive knowledge of consumer behavior.
Founded in 1978, TAU offers high-quality organic products in its six supermarkets across Quebec . The products contain no artificial colours, additives, chemical preservatives or unnatural occurring sulfites and are all ethically sourced with a low carbon footprint in mind.
“We love being able to offer more private label products to our selection,” said Julia Frank , PlantX CEO. “Thanks to Les Marches TAU, we are able to offer these new organic and delicious additions to our brand in the ever-growing plant-based space.”
“We are very excited to be collaborating with PlantX, a company that shares the same values for health and quality that we do,” said Paul Robbie Brown , Vice President of Les Marches TAU. “An important point of our mission has always been to increase the availability of all of our high quality products. Together, we will do so in a significant and major way.”
The Company is actively seeking to establish its first Canadian brick and mortar location in Squamish, British Columbia for e-commerce distribution and to sell its private label products.
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 statements regarding TAU being able to provide consulting services to PlantX brick and mortar locations and help the Company launch a new line of PlantX private label products, PlantX’s next wave of private label products including PlantX Organic Black Rice, PlantX Red Pepper Tapenade, PlantX Extra Virgin Olive Oil, PlantX Chocolate Hummus and PlantX Coffee Beans, private label products being an important growth segment for the Company; the availability of TAU’s products from its six mega health food stores, the addition of over 5,000 new items to the PlantX inventory, 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.
