Company
CVE:NEXE
NEXE Innovations is focused on providing innovative compostable material solutions and packaging to the B2B segment to help businesses achieve their sustainability goals. NEXE Innovations has developed a proprietary and patented compostable material that can withstand heat, pressure, and water. Our flagship product, the NEXE Pod, a BPI-certified compostable coffee pod, showcases our material’s durability and is an ideal substitute for plastic. The NEXE pod is compatible with major coffee brewing machines and is manufactured at NEXE’s vertically integrated facility based in North America.
102 stories · page 4 of 6
"As we come to year end, we are ecstatic to announce that we have completed a Successful site Acceptance Test on key equipment which can provide an additional 50 million annual pod production capacity," said Ash Guglani, the president of NE
In addition to helping pioneer the distribution of single-serve coffee pods in Canada in 2006, ECS has launched over 20 well-known coffee brands to coffee lovers through distribution, retail, e-commerce, and sampling programs across the cou
The Vancouver-based company said the products are sold in packages of 12 pods and are compatible with Keurig single-serve brewing systems
The January 2022 launch is an important step in expanding NEXE's offerings beyond ecommerce and providing retailers with sustainable options for single-serve beverages
"Crew Marketing has vast experience working with consumer packaged goods (CPG) brands and has brought several to prominence at major grocers," said Ash Guglani, President of NEXE
The machinery will increase NEXE's production capacity to over 50 million annual Keurig compatible pods
The Vancouver-based firm plans to ramp up production capacity to 50 million NEXE Nespresso-compatible pods by the end of 2021
"This new line complements our existing NEXE Coffee espresso products, sold in Nespresso compatible, fully compostable pods," said Ash Guglani, president of NEXE in a statement. "Keurig and Nespresso are the two most popular single-serve co
The new beverages include a matcha latte, keto cocoa, and turmeric golden milk, with each available in a 12 and 48 count package
The company said that its new NEXE Medium Roast Espresso and French Roast Espresso Blend will launch on October 8, 2021, in the US and Canada at nexecoffee.com
NEXE president and director Ash Guglani said the coffee industry is “ripe for disruption” and the company not only has the technology but is “fully funded to be disruptive”
The company said that is in “active discussions with some of its partners to order multiple production lines for both the Keurig and Nespresso OriginalLine formats”
The company had cash and equivalents totaling CA$50.7 million and working capital of CA$49.5 million as of May 31, 2021
The espresso pods mark NEXE's introduction into the single-serve coffee pod sector, a market that is valued at more than US$25 million annually
CEO Darren Footz notes that Amazon is the largest e-commerce platform in the world and will help the company expand its sales, brand presence and market reach
Darren Footz, CEO of NEXE said: "Partnering with Vejii is an exciting milestone for NEXE as we expand our distribution network for our popular XOMA product line. Vejii is an excellent fit for XOMA because it attracts consumers who are seeki
Aligning with Rritual will increase sales for fully compostable capsules delivering on NEXE's mission to eliminate single-use plastic
The firm received and installed proprietary equipment to assemble its compostable Nespresso-compatible pods
XOMA's new Keto micro-ground coffee is a rich and energizing beverage made with quality fats from cocoa butter and MCT oil, meaning customers can enjoy their morning cup of coffee as part of a ketogenic diet, fasting regimen or part of a he
Orca will be instrumental in the development and execution of its Amazon store sales strategy for its XOMA Superfoods product line
