PlantX continues to experience significant month-over-month revenue increases as shown by recent financial results over the past few months. For the month of April 2021, the Company achieved a new record gross sales of $ 2,042,450, reflecting a 30% increase over March 2021, and 87% increase since January 2021.
âThe increase in monthly revenue is seen as one of the positive consequences of the company’s continued efforts to achieve its strategic growth goals and plans,â said PlantX CEO, Julia franck. âThe company’s expansion continues to be driven by its marketing and branding efforts, as well as the company’s innovative partnerships such as the new collaboration with the tennis champion. Venus Williams and world famous vegan chef Matthieu kenney. The strong sales figures reflect PlantX’s values-driven approach to successfully meeting consumer demand. “
âWe couldn’t be happier to see the financial growth of our business; we have gone from virtually zero sales just a year ago to a rate of $ 24 million in just 12 months, and there is no sign of this growth slowing anytime soon, âsaid PlantX founder Sean Dollinger. âOur PlantX community is growing and the growing demand for PlantX products is clearly reflected in recent revenue figures. “
The financial results disclosed in this press release are prepared by management and have not been audited or reviewed by the auditors of the Company. Unless otherwise indicated, all amounts are expressed in Canadian dollars.
About PlantX Life Inc.
As the digital face of the plant community, PlantX’s platform is the one-stop-shop for everything plant-related. With its rapidly growing verticals, the Company offers its clients through North America more than 10,000 products of plant origin. In addition to offering meal and houseplant deliveries, the Company is currently considering expanding its product lines to include cosmetics, clothing and its own water brand, but the company is not limited to to an electronic commerce platform. The Company uses its digital platform to create a community of like-minded consumers and, most importantly, to provide education. His thriving business is being built and strengthened through partnerships with the best nutritionists, chefs and brands. The company is removing barriers to entry for anyone interested in living a plant-based lifestyle and thriving into a longer, healthier and happier life.
To watch the herbal story of the founder of PlantX Sean Dollinger, Click here.
The Company’s website is http://investor.PlantX.com/.
To visit the company’s YouTube channel, Click here.
This press release contains “forward-looking information” within the meaning of applicable securities laws. All statements contained in this document which are not clearly historical in nature may constitute forward-looking information. In some cases, forward-looking information may be identified by words or expressions such as “may”, “will”, “expect”, “likely”, “should”, “should”, “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 âmayâ or âwillâ occur, or through policy discussions. The forward-looking information contained in this document includes, without limitation, the business and strategic plans of the Company.
By their nature, forward-looking information is subject to inherent risks and uncertainties which may be general or specific and which give rise to the possibility that expectations, forecasts, predictions, projections or conclusions will not prove to be correct; that the assumptions may not be correct; and that the 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 contained in this press release, including, without limitation: the Company’s ability to comply with all regulations, including all applicable food safety laws and regulations; the impacts on the Company’s activities and operations due to the COVID-19 epidemic; limited operating history; the Company’s ability to access capital to meet future financing needs; the Company’s dependence on management and key personnel; competetion; changes in consumption trends; fluctuations in foreign currencies; 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 viewed at www.sedar.com. Readers are urged to carefully consider these and other factors, uncertainties and potential events, and not to place undue reliance on forward-looking information. The forward-looking information contained in this document is made as of the date of this press release and is based on the beliefs, estimates, expectations and opinions of management at the date on which such forward-looking information is made. The Company assumes 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 differences between subsequent actual events and such forward-looking information, except as required by applicable law.
SOURCE PlantX Life Inc.