VANCOUVER, BC, March 28, 2022 /CNW/ - NEXE Innovations Inc.
(TSXV: NEXE) ("NEXE" or the "Company"), a leader in plant-based
materials science and advanced manufacturing technologies, is
pleased to announce that both NEXE Coffee and XOMA Superfoods fully
compostable single-serve pods are now available through Amazon
Prime on Amazon.com.
"Amazon is the world's leading e-commerce retailer, with over
200 million global Prime subscribers. When consumers make a
decision to make a purchase online, they often go to Amazon, and
specifically, Prime. We see this launch as a meaningful way to gain
consistent online sales, especially with our recent subscription
offering, which will complement our upcoming brick and mortar
retailer sales strategy for NEXE Coffee." said Ash Guglani,
President of NEXE.
The NEXE Coffee line comes in both Keurig® and Nespresso®
compatible pods. The NEXE Coffee - Nespresso® suite includes
Dark Roast Espresso, French Roast, and Medium Roast, and comes in
boxes of 10, 20, and 30. The NEXE Coffee - Keurig® suite
includes Premium Organic Medium, Premium Organic Medium-Dark, and
Premium Organic Dark flavours, and comes in boxes of 12 and 24.
NEXE is currently working with suppliers to offer larger quantities
and expand our conveniently sustainable solution to meet the needs
of our consumers.
NEXE's Xoma Superfoods line targets the health-savvy,
environmentally-conscious consumer and includes both high-quality
coffee and superfood creamers. Keto, MCT Coffee, Turmeric, Matcha,
and Cocoa Keto SKUs are packaged in the fully-compostable NEXE Pod
and come in packages of 12 and 48. Xoma Superfoods pods are
compatible with Keurig® single-serve brewing systems.
All of NEXE's premium coffee is organically and ethically grown
by partners in Peru, Ethiopia, and Indonesia. Beans are ground and packaged at
NEXE's Canadian facility and sealed for freshness in the NEXE Pod,
one of the world's only fully-compatible capsules that are
compostable in your city's composting facility.
"Consumers continue to turn to environmentally-sound
alternatives to plastic. NEXE offers a truly sustainable solution
to the approximately 60 billion pods that are consumed annually,"
saidGuglani. "We continue to focus on adding manufacturing capacity
at both of our facilities, which will bring us closer to
back-filling sales as we continue discussions with various
retailers and wholesalers."
To complement the launch, NEXE will deploy a social media
marketing campaign designed to increase brand awareness on Amazon,
drive traffic to the NEXE pages, and ultimately increase
conversions.
Mordor Intelligence estimates that the single-serve coffee
pod and capsule market was valued at US$25.07 billion in 2020, and is projected to
register a CAGR of 7.07% between 2021 and 2026.
About NEXE Coffee
NEXE Coffee is a subsidiary of NEXE Innovations and produces and
distributes high-quality coffee packaged in single-serve, fully
compostable, plant-based Keurig® and Nespresso® OriginalLine
compatible pods.
About XOMA Superfoods
XOMA OPERATIONS INC is a subsidiary of NEXE Innovations Inc.
Xoma Superfoods produces and distributes high-quality coffee and
superfood creamers, packaged exclusively in single-serve,
fully-compostable, plant-based pods.
https://www.instagram.com/xomasuperfoods/
About NEXE Innovations Inc.
NEXE Innovations Inc. is a leader in plant-based compostable
technology and advanced materials manufacturing based in
British Columbia, Canada. The
company has developed one of the only patented, fully-compostable,
plant-based, single-serve coffee pods for use in existing major
single-serve coffee machines. The proprietary NEXE Pod is designed
to reduce the significant environmental impact caused by
single-serve pods (+40 billion plastic pods discarded every year).
With over $30M raised (equity and
government funding) to date and over five years of R&D, NEXE is
well-positioned to meet the growing demand for environmentally
friendly and sustainable products in the single-serve coffee sector
and beyond.
Social Media
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https://www.linkedin.com/company/nexeinnovations
https://www.instagram.com/nexeinnovations
Neither the TSX Venture Exchange nor its Regulation Service
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Cautionary Note Regarding Forward-Looking Statements
Certain statements in this release are forward-looking
statements or information, which include, but are not limited to,
statements in respect of the terms of the Options and other
matters. Forward-looking statements consist of statements that are
not purely historical, including any statements regarding beliefs,
plans, expectations or intentions regarding the future. Such
information can generally be identified by the use of
forwarding-looking wording such as "may", "expect", "estimate",
"anticipate", "intend", "believe" and "continue" or the negative
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cause actual results to differ materially from those predicted, as
a result of numerous known and unknown risks, uncertainties, and
other factors, many of which are beyond the control of the Company,
including but not limited to, the ability of the Company to abide
by the terms of the Options. Such statements and information are
based on numerous assumptions regarding present and future business
strategies and the environment in which the Company will operate in
the future, including the demand for its products, anticipated
costs, and the ability to achieve goals. Factors that could cause
the actual results to differ materially from those in
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Forward-looking statements contained in this news release are
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result of new information, future events or otherwise.
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SOURCE Nexe Innovations Inc.