PlantX Life (CSE: VEGA) (Frankfurt: WNT1) (OTCQB: PLTXF) is the subject of an independent research report issued by Capital Y Management, a New York-based hedge fund. The hedge fund established a 12-month target price of C$0.67 per common share and called PlantX a market leader with a disruptive business in an emerging industry with long term tailwinds.” Based on the report, the enterprise value for PLTXF would be an estimated C$68 million. “The PlantX team is hard at work to make plant-based diets available to everyone, expanding our presence in this rapidly growing market,” said PlantX CEO Lorne Rapkin in the press release. “We are encouraged that this independent report has recognized that we are well-positioned. While we are not commenting on the specific projections, we are focused on achieving success similar to Capital Y’s outlook.”
To view the full report, visit https://ibn.fm/7kOg7
To view the full press release, visit https://ibn.fm/tG8rG
About PlantX Life Inc.
PlantX is committed to being the digital face of the plant-based community as well as the one-stop shop for everything plant based. With its fast-growing category verticals, the company offers customers across North America more than 5,000 plant-based products. In addition to offering meal and indoor-plant deliveries, the company plans to expand its product lines to include a juice and coffee company. However, the business is not limited to an e-commerce platform. PLTXF uses its digital platform to build a community of like-minded consumers and, most importantly, to provide education. Its successful enterprise is being built and fortified on partnerships with top nutritionists, chefs and brands. The company eliminates the barriers to entry for anyone interested in living a plant-based lifestyle and thriving in a longer, healthier and happier life. For more information about this company, please visit www.PlantX.com and www.PlantX.ca.
NOTE TO INVESTORS: The latest news and updates relating to PLTXF are available in the company’s newsroom at https://ibn.fm/PLTXF
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