FORM 7

MONTHLY PROGRESS REPORT

Name of Listed Issuer: PlantX Life Inc. (the “Issuer”).

Trading Symbol:	VEGA

Number of Outstanding Listed Securities: 188,835,242

Date: March 1st, 2022

This Monthly Progress Report must be posted before the opening of trading on the fifth trading day of each month. This report is not intended to replace the Issuer’s obligation to separately report material information forthwith upon the information becoming known to management or to post the forms required by Exchange Policies.	If material information became known and was reported during the preceding month to which this report relates, this report should refer to the material information, the news release date and the posting date on the Exchange website.

This report is intended to keep investors and the market informed of the Issuer’s ongoing business and management activities that occurred during the preceding month. Do not discuss goals or future plans unless they have crystallized to the point that they are "material information" as defined in the Policies. The discussion in this report must be factual, balanced and non-promotional.

General Instructions

(a)	Prepare this Monthly Progress Report using the format set out below. The sequence of questions must not be altered nor should questions be omitted or left unanswered. The answers to the items must be in narrative form. State when the answer to any item is negative or not applicable to the Issuer. The title to each item must precede the answer.

(b)	The term “Issuer” includes the Issuer and any of its subsidiaries.

(c)	Terms used and not defined in this form are defined or interpreted in Policy 1 – Interpretation and General Provisions.

Report on Business

1.	Provide a general overview and discussion of the development of the Issuer’s business and operations over the previous month.	Where the Issuer was inactive disclose this fact.
The Issuer continues to facilitate website orders for plant-based prepared meals and plants throughout Canada and the United States, UK and Germany. The

FORM 8 – MONTHLY PROGRESS REPORT May 2021 Page 1

Issuer continues to expand its delivery capabilities to Central and Eastern Canada.

The Issuer filed a Material Change Report and Report of Exempt Distribution in connection with its private placement financing in February, disseminated 2 news releases through the month and filed its third quarter interim financial statements and MD&A, as follows:

February 17, 2022: PlantX Launches XFitness, the XVIP Membership Program and Provides Corporate Update;

February 25, 2022 (MCR): The Company closed a non-brokered private placement offering of Units of the Company for aggregate gross proceeds of $5,491,149.30;

February 28, 2022: The Company filed its unaudited Condensed Interim Consolidated Financial Statements for the three and nine months ended December 31, 2021 and 2020, along with its Management’s Discussion & Analysis and its Form 52-109FV2 officer certifications; and

February 28, 2022: The Company filed its Form 45-106F1 Report of Exempt Distribution in relation to the noted private placement financing.

2.	Provide a general overview and discussion of the activities of management.

Management is continually looking for new partners to form strategic alliances in order to add new partners and verticals onto the website platform. Management is also looking for other wholesale customers in Canada and the United States.

3.	Describe and provide details of any new products or services developed or offered. For resource companies, provide details of new drilling, exploration or production programs and acquisitions of any new properties and attach any mineral or oil and gas or other reports required under Ontario securities law.

The Issuer is working towards establishing further brick-and-mortar locations to present plant-based offerings, as well as expanding its meal delivery services throughout Canada and the US.

4.	Describe and provide details of any products or services that were discontinued. For resource companies, provide details of any drilling, exploration or production programs that have been amended or abandoned.

N/A

5.	Describe any new business relationships entered into between the Issuer, the Issuer’s affiliates or third parties including contracts to supply products or services, joint venture agreements and licensing agreements etc. State whether the relationship is with a Related Person of the Issuer and provide details of the relationship.

N/A

FORM 8 – MONTHLY PROGRESS REPORT May 2021 Page 2

6.	Describe the expiry or termination of any contracts or agreements between the Issuer, the Issuer’s affiliates or third parties or cancellation of any financing arrangements that have been previously announced.

N/A

7.	Describe any acquisitions by the Issuer or dispositions of the Issuer’s assets that occurred during the preceding month. Provide details of the nature of the assets acquired or disposed of and provide details of the consideration paid or payable together with a schedule of payments if applicable, and of any valuation. State how the consideration was determined and whether the acquisition was from or the disposition was to a Related Person of the Issuer and provide details of the relationship.

See Item #1.

8.	Describe the acquisition of new customers or loss of customers. N/A
9.	Describe any new developments or effects on intangible products such as brand names, circulation lists, copyrights, franchises, licenses, patents, software, subscription lists and trade-marks.

See Item #1.

10.	Report on any employee hirings, terminations or lay-offs with details of anticipated length of lay-offs.

N/A

11.	Report on any labour disputes and resolutions of those disputes if applicable. None
12.	Describe and provide details of legal proceedings to which the Issuer became a party, including the name of the court or agency, the date instituted, the principal parties to the proceedings, the nature of the claim, the amount claimed, if any, if the proceedings are being contested, and the present status of the proceedings.

None

13.	Provide details of any indebtedness incurred or repaid by the Issuer together with the terms of such indebtedness.

None

14.	Provide details of any securities issued and options or warrants granted.
Security	Number Issued	Details of Issuance	Use of Proceeds(1)	
common shares	52,296,660

182,664	private placement financing

vesting of RSUs	general working capital

vesting of RSUs	

FORM 8 – MONTHLY PROGRESS REPORT May 2021 Page 3

(1)     State aggregate proceeds and intended allocation of proceeds. 15.	Provide details of any loans to or by Related Persons.
None

16.	 Provide details of any changes in directors, officers or committee members. N/A
17.	Discuss any trends which are likely to impact the Issuer including trends in the Issuer’s market(s) or political/regulatory trends.

See Item #1.

FORM 8 – MONTHLY PROGRESS REPORT May 2021 Page 4

Certificate Of Compliance

The undersigned hereby certifies that:

1.	The undersigned is a director and/or senior officer of the Issuer and has been duly authorized by a resolution of the board of directors of the Issuer to sign this Certificate of Compliance.

2.	As of the date hereof there was no material information concerning the Issuer which has not been publicly disclosed.

3.	The undersigned hereby certifies to the Exchange that the Issuer is in compliance with the requirements of applicable securities legislation (as such term is defined in National Instrument 14-101) and all Exchange Requirements (as defined in CNSX Policy 1).

4.	All of the information in this Form 7 Monthly Progress Report is true.

Dated: March 1st, 2022

Shariq Khan
Name of Director or Senior Officer

“Shariq Khan” Signature

Chief Financial Officer Official Capacity

Issuer Details Name of Issuer PlantX Life Inc.	For Month End

February, 2022	Date of Report YY/MM/DD 22/03/01	
Issuer Address

504-100 Park Royal South	
City/Province/Postal Code

West Vancouver, BC V7T 1A2	Issuer Fax No.

888 241 5996	Issuer Telephone No.

604 355 6100	
Contact Name

Shariq Khan	Contact Position

CFO	Contact Telephone No.

604 355 6100	
Contact Email Address shariq@plantx.com	Web Site Address www.plantx.com	

FORM 8 – MONTHLY PROGRESS REPORT May 2021 Page 1

FORM 8 – MONTHLY PROGRESS REPORT May 2021 Page 2