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Growth of Plant-based Meat Market Underscores Value of PlantX Life Inc. (CSE: VEGA) (Frankfurt: WNT1) (OTCQB: PLTXF) Distribution Network Buildup

  • Since the advent of the COVID-19 pandemic, plant-based meat sales have grown — initially 63 percent over 2019 levels during panic buying and now at a more stable 30 percent rate
  • PlantX Life’s e-commerce and plant-based community sustaining presence online serves plant-based lifestyle customers with a growing one-stop shopping operation
  • The company’s varied educational efforts online provide interested consumers with information on transitioning to the plant-based lifestyle, recipes that are tasty and nutritious, and how to find support among others with similar interests in sustaining a healthy lifestyle
  • PlantX markets over 5,000 products currently and store acquisitions across North America are helping it to build fulfillment centers for its e-commerce operations while also serving local plant-based communities

When the COVID-19 pandemic began to affect corporate staffing levels and overall supply chain issues, leading to stockpile hoarding that left store shelves bare for weeks, consumption of plant-based products grew at a faster rate than conventional meat sales, indicating the hardiness of the plant-based industry. 

Meat sales jumped by about 40 percent year-over-year during the initial panic buying while plant-based meat sales…

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NOTE TO INVESTORS: The latest news and updates relating to PLTXF are available in the company’s newsroom at

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