NEXE Innovations Inc V.NEXE

Alternate Symbol(s): NEXNF

Forest Products Paper & Paper Products

NEXE Innovations Inc. is a Canada-based company, which operates as a manufacturer of fully compostable materials. The Company is focused on providing compostable material solutions and packaging to the business-to-business (B2B) segment to help businesses achieve their sustainability goals. It designs, manufactures, and commercializes fully compostable materials for everyday consumer product. It has developed a proprietary and patented compostable material that can withstand heat, pressure, and water. The Company's flagship product is its BPI-certified compostable single-serve beverage pods that are compatible with single-serve coffee-format machines (the NEXE Pods). The NEXE pod is compatible with major coffee brewing machines and is manufactured at the Company's vertically integrated facility based in North America. It provides compostable solutions for a variety of uses and products, including tea, yogurt cups, cosmetic, and pharma containers.

TSXV:NEXE - Post by User

NEXE Innovations Inc > NEXE $1M from Canada gov = validation

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Post by Alexandchoyon Jan 14, 2021 2:10pm

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Post# 32298277

NEXE $1M from Canada gov = validation

NEXE up 12% right now on news of $1M award from the government of Canada to go to supporting high speed manufacturing of their best in class fully compostable coffee pods compatible with Keurig and Nespresso. NEXE 100% deserves the $1M. This is massive validation of their contribution towards eliminating harmful plastics and creating real solutions with their biodegradable coffee pods. Just getting started here.

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