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PlantX Completes Acquisition of LIV Marketplace LLC
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PlantX to Acquire Assets From Liv Marketplace LLC
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Company or
PlantX ) (CSE: VEGA) (Frankfurt: WNT1) (OTCQB: PLTXF) is pleased to announce that the Company, through its wholly-owned subsidiary, New Deli Hillcrest LLC (
New Deli Hillcrest ), has entered into an asset purchase agreement dated June 1, 2021 (the
Purchase Agreement ) to acquire certain assets of Liv Marketplace LLC (
Liv Marketplace ) for an aggregate purchase price of US$3,150,000 (the
Acquisition ). For further details about the Acquisition, please see About the Acquisition .
PlantX to Acquire Assets From Liv Marketplace LLC (CNW Group/PlantX Life Inc.)
California-based Liv Marketplace is the exclusive online fulfillment partner and retail distributor of PlantX products within the United States and is responsible for building and operating PlantX s 4,515-square-foot brick-and-mortar retail store in San Diego, California. Upon completion of the Acquisition, the San