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PlantX Life (CSE:VEGA) reports record-breaking Black Friday & Cyber Monday revenue

Consumer
CSE:VEGA
09 December 2021 09:45 (EDT)
PlantX - Founder, Sean Dollinger

Source: LinkedIn

PlantX Life (VEGA) has achieved record-breaking revenue of $153,000 for the sales generated from its 2021 Black Friday and Cyber Monday promotions.

The cost of goods sold was $82,000 for the same period.

The company’s 2021 Black Friday and Cyber Monday e-commerce promotions and sales represented revenue growth of $60,000, or 63 per cent compared to the same period in 2020.

PlantX CEO, Lorne Rapkin commented on the success.

“The increased demand for PlantX products during the recent promotional campaign helped the PlantX achieve a new record revenue of $153,000 in just a few days- an astounding increase from the $0 revenue in 2019 for the same period.”

PlantX Founder, Sean Dollinger added,

“Our e-commerce sales success during Black Friday and Cyber Monday is extremely encouraging. We are determined to make the most of this momentum, build on our expansion efforts and continue to execute our vision to become the number one plant-based marketplace globally.”

PlantX’s platform is the one-stop-shop for everything plant-based, offering customers across North America more than 5,000 plant-based products.

PlantX Life Inc. (VEGA) opened trading at C$0.275 per share.

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