PlantX is the one-stop-shop for everything Plant-Based

The Digital Face of the plant-based community

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PlantX Life Inc. Profile

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PlantX Completes Acquisition of Bloombox Club UK

  • Bloombox is a leading UK-based e-commerce platform that sells and delivers indoor plants to their established wellness community via subscription service and online shop
  • Bloombox is currently on a C$3.9 million (£2.3 million) annual run rate (ARR) 
    • GROSS REVENUE - on target to achieve approximately C$4.5 million ((£2.3 million)  
    • GROSS MARGIN - on target to achieve approximately C$2.3 million ((£1.4 million) in gross margin for its current financial year
  • In the last few years, Bloombox Club UK has delivered over 55,000 plants to over 24,000 customers across the UK and achieved a high 4.4 star rating on Trustpilot

PlantX - The Digital Face of The Plant -Based Community

  • Aiming to be the most trusted online destination for the plant-based community and those interested in living a plant-based lifestyle
    • Plant Based Meal Delivery
    • Plant Based Products
    • Plant Based .... PLANTS (It's A BIG Business!)
    • Plant Based Restaurant Locator
  • 20,000 items including snacks, drinks and even chocolate
  • 20 unique 100% plant based meals for home delivery

US Digital Operations Kick Off With $USD 25,000,000 Commitment 

Wasting no time in duplicating its Canadian operations in the United States, On September 14, 2020 PlantX announced a partnership with Liv Marketpace to serve as their exclusive online fulfilment and distribution partner.

The terms & benefits of the agreement are as follows:

  • $USD 25,000,000 minimum purchase of PlantX products in the first year
  • 6% royalty fee to PlantX on the gross revenues in the USA

This model means PlantX does not have to incur any US labor costs or carrying costs for inventory in the USA, as Liv Marketplace will be utilizing its own facilities and staff.

But There Is More - Bricks & Mortar Strategy Kicks Off With US Flagship In San Diego 

Though PlantX is a digital first company, it also understands the importance of providing customers with physical locations to enjoy their products and experiences.

The partnership with Liv Marketpace mentioned above also incorporates a specific plan to establish and operate:

  • Retail Stores
  • Coffee Shops
  • Cafes
  • All In The United States, Under The PlantX Name

The first store location is scheduled to open on December 1, 2020 in San Diego with the following features:

  • 4,500 sq ft store serving as the Company's showcase store
  • 5,000 + plant-based products available for purchase
  • Mobile app allows customers to shop and check out products
  • Plant-based education center
  • Plant-based meals by LA Chef Gregg Drusinsky, whom Anthoney Bourdain agonized over not getting on his team

Most importantly for investors, the store will serve as a training centre for future potential franchises.

SEEING IS BELIEVING > WATCH

 

 

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One-stop shop for everything plant-based

  • Free of Dairy
  • No Contaminants
  • Major allergen free 

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Plant-based food sales climbed five times faster than overall U.S. retail food sales

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Local Plant-based meal delivery in Canada

100% PLANT-BASED MEALS DELIVERED RIGHT TO YOUR DOOR

  • Meals designed by nutritionists, trainers, and executive chefs.

  • Locally- sourced, always fresh ingredients used to create meals from scratch.

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Shop A Curated Selection of Indoor Plants

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In the last three years, houseplant sales in the US have increased 50% to $1.7B, according to the National Gardening Association. The plant craze has permeated all corners of the internet.

The plantX platform makes buying plants as seamless as possible. The company ships all across Canada with the intention of expansion into the US.

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Original Plant Based Recipes

plantX original recipes that are tasty, full of fresh ingredients, and good for the body and soul. Recipes include dishes for breakfast, lunch, dinner, and even dessert!

Cosmetics

PlantX launches plant-based cosmetic marketplace (CNW Group/Vegaste Technologies Corp.)

PlantX to offer Odacité products in newly launched plant-based cosmetics section of online store

 www.PlantX.com  to begin offering its own line of PlantX-branded juices.

Investor Deck

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FindplantOn Social

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Last changed at 13-Nov-2020 09:25AM by AGORACOM