NEXE Innovations Inc NEXNF

Primary Symbol: V.NEXE

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.

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NEXE Innovations Inc > When production doubles what happens to the stockprice?

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Post by Kevin604on Mar 02, 2021 10:52am

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When production doubles what happens to the stockprice?

Great news! - The company will be expanding its manufacturing facility in Surrey, British Columbia from 10,000 square feet to 20,000 to house new equipment. - It is hoping to increase production capacity to approximately 50 million pods before the commercial rollout by the third quarter of 2021. https://www.google.com/amp/s/mobile.engineering.com/amp/21360.html

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