PlantX Life (PLTXF) Corporate Presentation
Digitized Flagship ShopWith PlantX Branded Goods; SAN DIEGO + SQUAMISH With cutting edge in-store tech solutions, we bring you the first U.S PlantX flagship in San Diego and the first Canadian PlantX flagship in Squamish B.C.. Unlike other brick and mortar retail, we do not have traditional shopping carts or aisles filled with products. Instead, you enter the PlantX shop, scan QR codes of products you wish to purchase, and pay for everything via smartphone or tablet. The team behind the San Diego location will purchase a minimum of US$25,000,000 (approximately CAD$33,000,000) of the Company’s products over a one year term for distribution in the United States. In addition, Liv Marketplace will pay the Company a 6% royalty on the gross revenue generated under the Agreement. Read more HERE The Squamish location currently known as the locavore bar and grill, will be redesigned as the PlantX flagship and is already a favorite local spot to 1000’s of people. For the ten month period ended October 31, 2020 the Squamish Business generated total revenue of $1,610,143, gross margin of 19% and gross profit of $310,024. Read more HERE
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