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PlantX Life Inc. is a leading digital platform for plant-based products, serving as a one-stop shop for consumers across North America. With over 5,000 plant-based products and verticals, PlantX offers a diverse range of sustainable and cruelty-free options, including a successful line of plant-based pizzas, deep dish pizzas, and vegan essentials. The company's commitment to innovation and sustainability is evident in its partnerships and impressive monthly revenue growth. PlantX aims to make plant-based living accessible, enjoyable, and beneficial for all consumers, fostering a community of like-minded individuals seeking healthier, happier lifestyles.
Jiva Technologies (PLTXF) has initiated production of LIV3's SugarShield supplement with Best Formulations, a Sirio Company. The first batch of these liposomal capsules is scheduled for market availability by February 2025. The supplement, designed to help manage sugar cravings and intake, utilizes an advanced liposomal delivery system promising benefits within two weeks.
The company plans to launch the LIV3 website in January 2025, strategically aligned with New Year wellness campaigns. Preorders will begin in January, with first customer shipments expected in early February. Best Formulations, known for producing leading U.S. supplements, brings their expertise to ensure high-quality production.
JIVA Technologies (CSE: JIVA) has filed its Q2 2024 financial statements for the period ended September 30, 2024. The company reported gross revenue of $2.77 million, down from $5.95 million in September 2023. Cost of goods sold decreased to $982,209 from $3.37 million year-over-year. The company's net loss improved to $1.33 million compared to $3.97 million in the same period last year. CEO Lorne Rapkin emphasized the company's focus on strengthening business foundations and adapting to the wellness market.
Jiva Technologies (CSE: JIVA, OTCQB: PLTXF) has partnered with We Got Groceries to launch wegotgroceries.com, a specialized online grocery platform for health and wellness products. The platform integrates with U.S. distribution centers for efficient delivery of shelf-stable, refrigerated, and frozen goods. Net profits will be split 50/50 between the companies. The venture aims to capture a share of the $554.04 billion global health and wellness food market by leveraging JIVA's tech stack and marketplace expertise to drive traffic through SEO optimization.
Jiva Technologies (PLTXF) has announced its Board of Directors' approval to purchase up to $1 million in Bitcoin as part of its treasury management strategy. CEO Lorne Rapkin highlighted Bitcoin's potential as an inflation hedge and safe haven asset, citing its scarcity and growing institutional adoption through Bitcoin ETFs. While integrating Bitcoin into its treasury, Jiva remains focused on its core operations, including joint ventures, Bloombox Club e-commerce platform, and the development of its wellness hub in Squamish, BC. The company will actively monitor its Bitcoin holdings to ensure alignment with market conditions and cash flow needs.
Jiva Technologies (CSE: JIVA) (Frankfurt: WNT1) (OTCQB: PLTXF) announces a joint venture with Kale Coin to create a wellness-focused cryptocurrency ecosystem. Kale Coin aims to drive positive environmental change and support wellness values, involving gamification for healthy lifestyle rewards and transactions at wellness facilities. The token will launch as an ERC-20 token on decentralized exchanges like Uniswap, with a centralized exchange listing planned later. Jiva collaborates with tokenomics experts at Smart Chain and entrepreneur Nemanja Golubovic for this project, set to launch in early 2025.
Additionally, Jiva has entered a six-month marketing agreement with Departures Capital to enhance its public awareness and online presence, effective from November 7, 2024, with a cash payment of $50,000 USD.
PlantX Life Inc. (OTCQB: PLTXF) has launched its Bloombox Club e-commerce platform in Italy, marking its eighth e-commerce operation in Europe. The bilingual platform, accessible via bloomboxitaly.it, features the company's plant subscription service and curated online shop. Orders will be fulfilled through Bloombox Club's Netherlands distribution center. The launch targets Italy's e-commerce market, projected to reach $64.18 billion in 2024. Additionally, PlantX has engaged Stockify Media for a one-month investor relations campaign starting October 24, 2024, with a cost of $50,000 USD.
PlantX Life Inc. has announced a joint venture with LIV3 to launch SugarShield, a supplement targeting the $5.24 billion weight loss management market. The partnership involves PlantX managing branding, packaging, and e-commerce development, while LIV3 handles product supply. Net profits will be split 50/50. SugarShield aims to boost energy, curb cravings, and simplify weight management by reducing uric acid levels. The product's efficacy has been validated by PlantX medical panel member Paul Gross. Additionally, PlantX has engaged Ryan Shea for investor relations at $50,000 for one month.
PlantX Life Inc. (CSE: VEGA) (Frankfurt: WNT1) (OTCQB: PLTXF) has launched a new Bloombox Club e-commerce platform in Spain at https://bloomboxspain.es/. This marks Bloombox Club's seventh e-commerce operation, now available in the United States, Germany, the United Kingdom, Austria, the Republic of Ireland, France, and Spain. The platform, available in both English and Spanish, will expand Bloombox Club's plant subscription service and curated online shop to the Spanish market.
The new website integrates PlantX's cutting-edge e-commerce infrastructure to enhance customer satisfaction. All orders will be processed through Bloombox Club's centralized distribution hub in the Netherlands, ensuring efficient fulfillment across Europe. PlantX's CEO, Lorne Rapkin, believes that the timing is perfect for entering the Spanish market, citing rapid e-commerce growth and strong interest in the indoor plant sector.
PlantX Life Inc. (CSE: VEGA) (Frankfurt: WNT1) (OTCQB: PLTXF) has reported a significant 258% increase in net profit for Q3 2024 at its Squamish, BC experiential locations, The Locavore Bar & Grill and Cloudburst Cafe. The company saw revenue of $1,314,208, a 2.27% increase compared to Q3 2023's revenue of $1,285,057. The Locavore Bar & Grill posted a net profit of $93,230 for Q3 2024, up from $25,991 in Q3 2023. CEO Lorne Rapkin expressed satisfaction with the growth, inviting visitors to experience the location. PlantX remains focused on leveraging its community-driven approach to foster growth at its experiential locations while expanding its plant-based living offerings.
PlantX Life Inc. (CSE: VEGA) (Frankfurt: WNT1) (OTCQB: PLTXF) has announced significant developments for its online indoor plant subscription company, BloomBox Club. The company's fulfillment partner, Flora, has been acquired by Bloomique, a Netherlands-based greenhouse provider. This acquisition is expected to expand BloomBox Club's product catalog significantly.
Key updates include:
- Addition of 200 new SKUs to the online platform
- Implementation of automated packing processes
- Streamlined operations to reduce the risk of missing items in orders
CEO Lorne Rapkin expressed optimism about the partnership with Bloomique, anticipating stronger performance during the upcoming holiday season. These improvements are expected to strengthen BloomBox Club's presence in the indoor plant market.
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