ISSUED ON BEHALF OF PLANTX LIFE INC.

PlantX Life Inc. (CSE: VEGA) (OTCPK: PLTXF) is riding two major trends reshaping consumer behavior: home wellness and sustainable dining.

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In 2024, consumers aren’t just spending—they’re spending smarter. They want wellness, sustainability, and community-driven choices. PlantX delivers all three.

Why Does This Matter?

US$8.5 trillion: That’s what the global wellness economy is expected to hit by 2027[1]. Consumers are investing in their homes—and plants are leading the way. Bloombox Club delivers plants straight to your door, meeting this demand with a subscription model that provides consistent revenue.
US$2.5 trillion: The projected value of the sustainable food market by 2030[2]. Consumers are demanding healthier, locally-sourced meals. Enter Locavore Bar & Grill, a community-driven dining experience where farm-to-table meets sustainability.

Why PlantX?

Revenue Growth: $7.3 million in FY 2024 with an 8% growth in gross margin.[3]
Diverse Revenue Streams: E-commerce via Bloombox and hospitality with Locavore—offering stability and growth potential.
Attractive Price-to-Sales Ratio: PlantX’s P/S ratio is currently around 0.11 (as of Sept 30, 2024), indicating that the company is trading at a discount relative to its revenue. Traditionally, a P/S ratio under 1 is considered undervalued[4], offering potential upside.
Scalable Subscription Model: Bloombox’s recurring revenue positions PlantX for long-term success, as it consistently expands into more markets.

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PlantX Life: Rooted in Wellness

Bloombox Club doesn’t just sell plants—it sells wellness. Plants that purify air, reduce stress, and boost mental clarity are now essentials in modern homes[5]. During the pandemic, houseplants became essential, with Gen Z and Millennials leading a $2 billion boom.[6]

Locavore Bar & Grill serves more than food—it delivers sustainability. Locally-sourced meals support healthier eating[7] and sustainability by cutting down on environmental impact[8]. The potential? An incredible $10 trillion in benefits by switching to more sustainable food systems[9].

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What’s Next?

PlantX Life Inc. is perfectly positioned to capitalize on booming markets in wellness and sustainable dining.

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USA News Group
Editorial Staff

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While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between the any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.

SOURCES CITED:

[1] https://globalwellnessinstitute.org/press-room/press-releases/globalwellnesseconomymonitor2023/

[2] https://www.futuredatastats.com/sustainable-food-market?srsltid=AfmBOorfVI_UBSbRIqNlh0PzKNgoyuddv9rBR9X14x_gh31xruHoolzd

[3] https://finance.yahoo.com/news/plantx-announces-2024-financial-results-124500271.html

[4] https://www.investopedia.com/ask/answers/032515/what-considered-favorable-price-sales-ratio.asp

[5] https://www.healthline.com/health/healthy-home-guide/benefits-of-indoor-plants

[6] https://www.kunr.org/business-and-economy/2022-12-28/houseplants-boomed-during-pandemic-gen-z-millennials-say-popularity-stays-tiktok

[7] https://www.aspirus.org/mediacenter/harvest-the-benefits-of-locally-grown-food-with-na-257

[8] https://urbanagnews.com/blog/exclusives/locally-grown-a-fad-or-a-trend-dead-or-alive/

[9] https://www.theguardian.com/environment/2024/jan/29/sustainable-food-production-economic-benefits-study