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 > Plan to move towards vertical integration

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Comment by hemi3tcon Mar 24, 2021 2:23am

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Post# 32864350

RE:Plan to move towards vertical integration

Probably doing this since there is no demand for compostable pods when there are biodegradeable options available. Coffe biz is Huge but highly competative with many players Big to tiny.

The 5 Best Biodegradable K Cups That Will Save The Planet

Camerons Coffee

Tayst Coffee

The Organic Coffee Co.

San Francisco Bay

Faro Roasting Houses

https://ecofreek.com/biodegradable/biodegradable-k-cups/