PlantX To Bring Additional Private Label Products To Market Via New Partnership
PlantX Life (CSE: VEGA) is looking to launch additional private label products. The company announced the morning that it has entered a partnership with Les Marches TAU Natural Food Stores, whom will launch their products on the PlantX ecommerce platform, and provide consulting services for the planned brick and mortar launch, in addition to providing the private label service.
The partnership will enable PlantX to expand upon its current branded offerings of glacial water and plant-based meals. New products expected to hit the market under the firms banner now included organic black rice, red pepper tapenade, extra virgin olive oil, chocolate hummus, and coffee beans among other items.
As with everything on the PlantX platform, the offerings will be 100% plant-based, as well as organic. The products will be available for sale on both the US and Canadian PlantX platform, as well as in the new Liv Marketplace brick and mortar retail locations.
The arrangement will also see TAU’s products made available on the PlantX ecommerce platform, with over 5,000 new products expected to be added. Brands to be launched on the platform as a result of the partnership include Silk, Gardein, Earth Balance, Vega and Yves Cuisine. TAU is also to assist in developing floor plans for the Liv Marketplace locations.
Finally, PlantX announced this morning that it is actively looking to launch its first Canadian brick and mortar location, which is currently planned for Squamish, British Columbia. The location will be used for private label product sales as well as ecommerce distribution.
PlantX Life last traded at $1.90 on the CSE.
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