PlantX Announces the Launch of Its First Products on Walmart Marketplace in the United States
PlantX Life Inc. (OTCQB: PLTXF) has launched its products on Walmart Marketplace in the United States, expanding its presence beyond Canada. The company offers over 500 plant-based grocery items from brands like Oatly and Nature's Path. CEO Lorne Rapkin emphasized the benefits of targeting Walmart's extensive customer base while maintaining control over their operations. This launch is seen as a strategic move to solidify PlantX's leadership in the growing plant-based market.
- Launching products on Walmart Marketplace opens access to a vast customer base.
- Offering over 500 plant-based grocery items enhances product visibility.
- The company maintains control over inventory, pricing, and customer care.
- None.
VANCOUVER, BC, Sept. 20, 2021 /PRNewswire/ - PlantX Life Inc. (CSE: VEGA) (Frankfurt: WNT1) (OTCQB: PLTXF) ("PlantX" or the "Company") is pleased to announce that it has launched as a Seller on Walmart Marketplace in the United States.
PlantX will have over 500 plant-based grocery items ranging from a variety of brands such as Oatly, Nature's Path, Made in Nature and Simply Organic available on Walmart Marketplace in the United States.
"The decision to apply and launch as a Seller on Walmart's US Marketplace was inspired by PlantX's experience as a Seller on the Walmart Marketplace in Canada, where PlantX has launched over 900 distinct plant-based items since June," said PlantX CEO, Lorne Rapkin. "The new agreement will enable PlantX to integrate its growing selection of plant-based products onto the Walmart platform in the US and have access to Walmart's extensive customer network and digital marketing resources, while maintaining full control over our inventory, pricing, fulfilment and customer care."
"Having access to Walmart's entire marketplace ecosystem throughout Canada and the US is a tremendous opportunity for PlantX," said PlantX Founder, Sean Dollinger. "This move should ultimately help PlantX as it positions itself as a leader in the plant-based space."
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 5,000 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 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 likeminded 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 Walmart.com
What started small, with a single discount store and the simple idea of selling more for less, has grown over the last 50 years into the largest retailer in the world. Each week, nearly 265 million customers and members visit approximately 11,500 stores under 56 banners in 27 countries and eCommerce websites. With fiscal year 2020 revenue of
The Company website is http://investor.PlantX.com/.
To visit the Company's YouTube channel, click here.
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, the current and future product offerings of PlantX on Walmart Marketplace and the business and strategic plans of the Company.
By its 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.
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SOURCE PlantX Life Inc.
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