NEXE Innovations Announces Partnership with the Relaunched ecoBeans Coffee Brand
NEXE Innovations has announced a delivery to ecoBeans Coffee, targeting both retail and office coffee services markets. The partnership, established in 2023, utilizes NEXE's BPI-certified compostable coffee pods. Following successful initial testing, ecoBeans' products will be available at Nature's Fare Markets, select Save on Foods locations, and their e-commerce website. For the office coffee service market, distribution will be handled through Thirst First Refreshments Inc. in British Columbia.
NEXE Innovations ha annunciato una fornitura a ecoBeans Coffee, mirando ai mercati del caffè al dettaglio e ai servizi di caffè per ufficio. La partnership, stabilita nel 2023, sfrutta le capsule di caffè compostabili certificate BPI di NEXE. Dopo i primi test favorevoli, i prodotti di ecoBeans saranno disponibili presso Nature's Fare Markets, in alcune sedi di Save on Foods e sul loro sito web di e-commerce. Per il mercato dei servizi di caffè per ufficio, la distribuzione sarà gestita tramite Thirst First Refreshments Inc. nella Columbia Britannica.
NEXE Innovations ha anunciado una entrega a ecoBeans Coffee, apuntando a los mercados de café minorista y servicios de café para oficinas. La asociación, establecida en 2023, utiliza las cápsulas de café compostables certificadas por BPI de NEXE. Después de pruebas iniciales exitosas, los productos de ecoBeans estarán disponibles en Nature's Fare Markets, en algunas ubicaciones de Save on Foods y en su sitio web de comercio electrónico. Para el mercado de servicios de café para oficinas, la distribución será gestionada a través de Thirst First Refreshments Inc. en la Columbia Británica.
NEXE Innovations는 ecoBeans Coffee에 대한 배송을 발표하였으며, 소매 및 사무실 커피 서비스 시장을 목표로 하고 있습니다. 2023년에 설립된 이 파트너십은 NEXE의 BPI 인증이 있는 퇴비화 가능한 커피 팟을 활용합니다. 초기 테스트가 성공적으로 완료된 후, ecoBeans의 제품은 Nature's Fare Markets, 선택된 Save on Foods 매장 및 그들의 전자상거래 웹사이트에서 제공될 예정입니다. 사무실 커피 서비스 시장에 대해서는, 배급이 브리티시컬럼비아의 Thirst First Refreshments Inc.를 통해 진행됩니다.
NEXE Innovations a annoncé une livraison à ecoBeans Coffee, ciblant les marchés du café de détail et des services de café pour bureaux. Le partenariat, établi en 2023, utilise les dosettes de café compostables certifiées BPI de NEXE. Suite à des tests initiaux réussis, les produits d'ecoBeans seront disponibles chez Nature's Fare Markets, dans certaines succursales de Save on Foods et sur leur site de commerce électronique. Pour le marché des services de café pour bureaux, la distribution sera gérée par Thirst First Refreshments Inc. en Colombie-Britannique.
NEXE Innovations hat eine Lieferung an ecoBeans Coffee angekündigt, die sowohl den Einzelhandel als auch den Bürokaffeeservice-Markt anspricht. Die Partnerschaft, die 2023 gegründet wurde, nutzt die BPI-zertifizierten kompostierbaren Kaffeekapseln von NEXE. Nach erfolgreichen ersten Tests werden die Produkte von ecoBeans in Nature's Fare Markets, ausgewählten Standorten von Save on Foods und auf ihrer E-Commerce-Website verfügbar sein. Für den Bürokaffeeservice-Markt wird die Distribution über Thirst First Refreshments Inc. in Britisch-Kolumbien erfolgen.
- Expansion into retail market through established chains (Nature's Fare Markets and Save on Foods)
- Distribution partnership with Thirst First Refreshments for office coffee service market
- Successful market testing with positive reviews
- distribution only in select locations
- Initial retail presence restricted to British Columbia region
NEXE first established its partnership with ecoBeans in 2023, and it was one of the first customers to utilize NEXE's BPI-certified compostable coffee pods. ecoBeans sold the initial product line through various channels and tested the brand at various retailers, receiving positive reviews. The limited testing opportunity at these locations allowed ecoBeans to discover a large market opportunity within the retail segment. The retail product will be available across all Nature's Fare Markets, limited Save on Foods locations, and ecoBeans' e-commerce website (http://www.ecobeans.coffee). The product for the OCS market will be sold directly to businesses and distributed through Thirst First Refreshments Inc., a leader in office coffee located in
The ecoBeans philosophy is about more than just sipping a great cup of coffee; it's about connecting with the earth, opening your heart to new possibilities, and living with intention. With every cup, ecoBeans hopes to inspire people to care for themselves, the planet, and the future. ecoBeans is based in
"We anticipated this day for months, and the moment has finally arrived! We are thrilled to relaunch ecoBeans with new packaging, ready to fulfill our clients' sustainable goals. We are excited to embark on a journey to foster connections over a cup of sustainable coffee," stated Alina Gogoescu, Founder of ecoBeans Coffee, "Here's to brewing a better future together! In partnership with NEXE Innovations and their BPI-Certified compostable coffee pods, we are excited to 'Brew More, Do More' for our planet, ourselves, and our families."
"We are looking forward to continuing our partnership with ecoBeans and excited about the initial feedback received," stated Ash Guglani, President of NEXE Innovations, "This is a great opportunity for NEXE to increase awareness of its offerings in both the retail and OCS market segments."
About NEXE Innovations Inc.
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
On behalf of the Company:
Ash Guglani
President & Director
For investor relations contact:
Kam Mangat
VP, Investor Relations & Corporate Strategy
invest@nexeinnovations.com
Office +1-604-359-4725
Mobile +1-604-359-4742
For media relations contact: media@nexeinnovations.com
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 Company's partnership with ecoBeans. 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 thereof or similar variations. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may 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 Company's ability to execute on its business strategy and those risks set out in the Company's management's discussion and analysis for year ended May 31, 2024 under the headings "Risk and Uncertainties". 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 forward-looking statements include receipt of necessary approvals and general economic, market or business conditions. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The reader is cautioned not to place undue reliance on any forward-looking information.
The forward-looking statements contained in this news release are made as of the date of this news release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
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SOURCE Nexe Innovations Inc.
FAQ
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