PlantX Life (PLTXF) Corporate Presentation
PlantX Acquires Bloombox Club UK A UK based website that sells and delivers indoor plants to its established wellness community via subscription service and online shop. Bloombox Club UK was founded by Dr. Katie Cooper in 2015 after she was working as a psychologist and saw some positive results with clients after introducing plants into her therapeutic practice. 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. Bloombox Club UK is currently on a C$3.9 million (£2.3 million) annual run rate (ARR) and is on target to achieve approximately C$4.5 million ((£2.3 million) in gross revenue and approximately C$2.3 million ((£1.4 million) in gross margin for its current financial year. Bloombox Club UK packages its products in secure, environmentally conscious material and delivers them across the UK using courier firms. PlantX will help bring Bloombox Club to the rest of Europe, and then break into the American market. Bloombox Club will help PlantX source plant growers across North America.
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