Heat olive oil in a medium pot over medium heat. Add the chopped onion and bell peppers, and sauté for 3–5 minutes until softened.
Add the garlic and carrots, and cook for another 2 minutes until fragrant.
Add the vegetable broth and EZ Pozole Bomb to the pot. Stir until the seasoning bomb fully dissolves and creates a flavorful broth.
Add the hominy, pinto beans, bay leaf, and Mexican oregano. Bring the pozole to a gentle boil.
Reduce the heat and simmer uncovered for 25–30 minutes, allowing the flavors to blend together.
Remove the bay leaf, then season with salt, pepper, and fresh lime juice to taste.
Serve warm with your favorite toppings and enjoy a hearty, comforting bowl of vegan pozole rojo.