JIVA TECHNOLOGIES INC - PLTXF STOCK NEWS

PlantX Life Inc. announced the acquisition of assets from Liv Marketplace for US$3,150,000 via its subsidiary, New Deli Hillcrest LLC. The deal includes US$450,000 in cash and 5,916,436 common shares, set to enhance PlantX's retail presence in the United States. Liv Marketplace is the exclusive distributor of PlantX products and operates a 4,515-square-foot store in San Diego, which will be rebranded as New Deli by PlantX. This acquisition supports PlantX's growth strategy and reinforces its brick-and-mortar operations.

PlantX Life has announced a partnership to launch a new 'ghost kitchen' in Los Angeles, marking the first step toward its meal delivery service in the U.S. Expected to launch in Q3 2021, the 2,200 sq ft facility will use high-quality, locally sourced ingredients and biodegradable packaging. This initiative aims to tap into the growing meal delivery market, projected to reach $32.3B by 2024. The partnership with MK Cuisine Global will focus on sustainability, utilizing a no-waste food approach and repurposing leftovers for MKC restaurants.

PlantX Life Inc. (OTCQB: PLTXF) has partnered with mountain bike athlete Rémy Métailler as a brand ambassador. This collaboration aims to promote PlantX's plant-based products and advocate for a plant-based lifestyle. Métailler, based in Squamish, British Columbia, will enhance brand visibility both locally and across his digital platforms. The initiative includes 'Rémy's Picks,' a curated list of favorite PlantX products. PlantX offers over 10,000 plant-based items, with plans to expand its offerings further.

PlantX Life Inc. has announced a partnership with Walmart Canada Marketplace, allowing the company to sell its plant-based products online. This collaboration enables PlantX to utilize Walmart's extensive digital marketing capabilities and customer base, initially offering grocery items from brands like Simply Organic and Nutiva. The Canadian food retail market is expanding rapidly, with a projected value of $154.3 billion by 2021. PlantX's joining Walmart signifies growth potential and a shift toward e-commerce amidst rising demand for plant-based products.

PlantX Life Inc. (OTCQB: PLTXF) has launched a new personalized web page named 'Venus' Picks', curated by tennis champion and PlantX Ambassador Venus Williams. This platform aims to promote plant-based lifestyles by showcasing Williams' preferred PlantX products, including grocery items, protein supplements, and sports recovery products. Williams, a vegan advocate since 2011, uses her influence to educate consumers about plant-based diets. The initiative aligns with PlantX's goal of offering over 10,000 plant-based products and expanding into new categories.

PlantX Life Inc. has completed its acquisition of MK Cuisine Global LLC's Plant-Based Deli for US$1,569,999, comprising US$470,999.70 in cash and 2,515,983 shares. This acquisition aims to rebrand all PlantX stores as New Deli by PlantX, enhancing brand awareness. The company plans to leverage MKC's operational strengths while focusing on e-commerce growth. The deal is expected to bolster PlantX's expansion strategy as they aim to connect their physical presence with their digital platform, offering over 10,000 plant-based products.

PlantX Life Inc. (CSE: VEGA) has announced its launch as a seller on Hudson's Bay Marketplace, providing a variety of plant-based products. Currently, customers can find indoor house plants, Nootka & Sea cosmetics, and plant-based pet food from brands like Benevo and Evolution Diet. PlantX aims to expand its offerings to over 2,000 products on the platform. CEO Julia Frank expressed optimism about this partnership, highlighting its potential impact on business growth.

PlantX Life Inc. (OTCQB: PLTXF) announced the opening of a new 3,000-square-foot warehouse in Squamish, British Columbia, aimed at enhancing its supply chain for indoor plants across Canada. This facility is part of the company's strategy to meet rising consumer demand in the growing indoor plant market, projected to hit USD 7,267 million by 2026. The warehouse will be co-managed with Nootka & Sea, ensuring optimal plant care. Additionally, the company reported impressive financials from its subsidiary, Bloombox Club, with Q1 2021 revenues up 273% year-over-year.