JIVA TECHNOLOGIES INC - PLTXF STOCK NEWS

PlantX Life Inc. (CSE: VEGA) announced on April 25, 2022, the launch of a new Canadian e-commerce platform by its subsidiary, Portfolio Coffee Inc. The initiative reflects PlantX's rebranding and expansion strategy. The platform aims to enhance customer experience with farm-to-cup direct-trade coffee. Previous e-commerce efforts, such as the rebranding of Little West, resulted in significant revenue growth of 145% year-over-year in March 2022. PlantX's focus on modern website design aims to boost brand loyalty and sales.

PlantX Life Inc. reported a strong financial performance for March 2022, generating $1,719,577 in gross revenue, a 28% increase from February 2022, and a 168% increase compared to March 2021 (excluding wholesale revenue). The Cost of Goods Sold for March was $1,117,725. The company highlights ongoing investments in strategic partnerships and service quality enhancements while focusing on direct-to-consumer efforts, leading to improved margins and customer loyalty.

PlantX Life Inc. (OTCQB: PLTXF) has launched its indoor plant e-commerce platform, Bloombox Club, in the Republic of Ireland. This recent expansion follows its entry into Austria less than two weeks prior, showcasing the company's digital growth strategy. Now operating in five countries, Bloombox Club provides an interactive online shopping experience, with orders shipped from the Netherlands. Founder Sean Dollinger emphasized innovation and tech investments as crucial for expanding their plant-based lifestyle offerings. PlantX aims to create a community focused on health and plant-based living.

PlantX Life Inc. (OTCQB: PLTXF) has announced a strategic partnership with BESTIES Vegan Paradise, awarded "Best Grocery Store" by VegNews for two years. The collaboration will revamp PlantX's XMarket stores in Venice and Hillcrest, California, featuring BESTIES products. This partnership aims to enhance plant-based accessibility and has already led to a 30% increase in sales revenue at the Venice location since the rebranding. PlantX's digital platform supports a growing plant-based community, offering over 5,000 products and expanding into new categories.

PlantX Life Inc. (OTCQB: PLTXF) has announced the launch of same-day grocery delivery services in Ottawa and Toronto, enhancing its e-commerce offerings. This initiative will utilize third-party delivery apps and aims to improve customer service across Ontario. By integrating its physical retail locations within Hudson's Bay stores, PlantX plans to drive in-store traffic while boosting online sales. The Company emphasizes its commitment to making plant-based lifestyles accessible, enhancing customer experience, and expanding its product offerings.

PlantX Life Inc. announced the expansion of its subsidiary, Bloombox Club, into Austria with a new e-commerce platform. The Austrian site joins existing platforms in the US, Germany, and the UK, aiming to enhance customer experiences. Orders from Austria will be fulfilled from the Netherlands, leveraging the company's European distribution system. The CEO expressed optimism about the site's reception among Austrian consumers, with plans to prioritize customer satisfaction and continue the growth of the Bloombox Club brand.

PlantX Life Inc. (OTCQB: PLTXF) has launched a same-day delivery service for its products in Chicago and Plainfield, IL, following its acquisition of Peter Rubi, LLC. The Chicago outlet is now branded as XMarket Uptown. This initiative merges online and retail experiences, enhancing customer access to over 5,000 plant-based products, including ready-to-eat meals. Founder Sean Dollinger and CEO Lorne Rapkin emphasize the service's potential to broaden the customer base and improve shopping accessibility, aligning with the company's strategic expansion into retail.

PlantX Life Inc. has launched XFitness, an online fitness service offering live and on-demand classes, exclusively for XVIP members. This program replaces the earlier PlantXpress membership and includes various fitness classes aimed at all age groups. Members also receive discounts and benefits, including a monthly fee of USD$25 or CAD$29.99. Additionally, the company completed an oversubscribed private placement raising CAD$5,491,150, which will be used for business development and operational needs.

PlantX Life Inc. has launched a new YouTube series titled "Medically Speaking" aimed at enhancing plant-based education and addressing consumer knowledge gaps. Premiering on January 20, 2022, the series will feature discussions with the PlantX Medical Advisory Board, including experts like dietitian Amy Gensel and physician Paul Gross. The initiative seeks to provide evidence-based information and practical solutions for adopting a plant-based lifestyle, reflecting the rising global trend towards plant-based diets.