PRESS RELEASE!! PlantX Acquired Little West. Plant-based strong company.
PlantX offers over 10,000 plant-based products. Education to delivering products, PlantX does it all for the plant-based community. Cosmetics and clothing in future plans.
PlantX Life Inc. is pleased to announce that the Company has closed on a previously announced transaction to acquire Little West LLC. The Company previously announced on April 30, 2021 that it had, through PlantX Lifestyle USA Inc., a wholly-owned subsidiary of the Company, entered into a membership interest purchase agreement dated April 29, 2021 to acquire all of the issued and outstanding limited liability membership interest of Little West.
Little West will continue to be run and operated by its founders Cassandra Troy and Andrew Walker, Brad Neumann and their California-based team, while leveraging PlantX’s extensive e-commerce platform, technical business expertise and marketing resources in aims of promoting Little West products and accelerate the Company’s expansion across the U.S. and Canada.
PlantX has more than 6x Assets to liabilities, no debt at all on its balance sheet, which means they have little to no obligations other than providing earnings to their shareholders.
Revenue was first made in EoY 2020, turned into a profit. Great start to a low cap company in a healthy positive growing plant-based industry.
Find the full release here at: [https://investor.plantx.com/press\_release/plantx-completes-acquisition-of-u-s-based-little-west-llc/](https://investor.plantx.com/press_release/plantx-completes-acquisition-of-u-s-based-little-west-llc/)
Stay safe, this is not financial advice!