NEXE Innovations Receives Second Purchase Order From ecoBeans Coffee
NEXE Innovations (NEXNF) has received a second purchase order from ecoBeans Coffee ahead of schedule due to stronger than anticipated demand from retail and Office Coffee Services (OCS) markets. The company expects to complete delivery within the current fiscal quarter.
ecoBeans' initial product launch has exceeded expectations, with strong support from retail and OCS distribution channels. The products are currently available at Nature's Fare Markets, select Save on Foods locations, and ecoBeans' e-commerce website. For the OCS market, products are distributed through Thirst First Refreshments Inc. in British Columbia. ecoBeans is considering expanding their product line across additional SKUs and targeting new regional markets for the OCS channel.
NEXE Innovations (NEXNF) ha ricevuto un secondo ordine di acquisto da ecoBeans Coffee anticipatamente a causa di una domanda più forte del previsto dai mercati retail e dei servizi di caffè per ufficio (OCS). L'azienda prevede di completare la consegna entro il trimestre fiscale corrente.
Il lancio iniziale del prodotto di ecoBeans ha superato le aspettative, con un forte supporto da parte dei canali di distribuzione retail e OCS. I prodotti sono attualmente disponibili presso i Nature's Fare Markets, in alcune sedi di Save on Foods e sul sito di e-commerce di ecoBeans. Per il mercato OCS, i prodotti vengono distribuiti attraverso Thirst First Refreshments Inc. in British Columbia. ecoBeans sta considerando di espandere la propria linea di prodotti aggiungendo ulteriori SKU e mirando a nuovi mercati regionali per il canale OCS.
NEXE Innovations (NEXNF) ha recibido un segundo pedido de compra de ecoBeans Coffee antes de lo previsto debido a una demanda más fuerte de lo anticipado en los mercados de venta al por menor y de Servicios de Café para Oficinas (OCS). La empresa espera completar la entrega dentro del actual trimestre fiscal.
El lanzamiento inicial del producto de ecoBeans ha superado las expectativas, con un fuerte apoyo de los canales de distribución minorista y OCS. Los productos están actualmente disponibles en Nature's Fare Markets, en algunas ubicaciones de Save on Foods y en el sitio de comercio electrónico de ecoBeans. Para el mercado OCS, los productos son distribuidos a través de Thirst First Refreshments Inc. en Columbia Británica. ecoBeans está considerando expandir su línea de productos añadiendo más SKU y apuntando a nuevos mercados regionales para el canal OCS.
NEXE Innovations (NEXNF)는 소매 및 사무실 커피 서비스(OCS) 시장에서 예상보다 강한 수요로 인해 ecoBeans Coffee로부터 예정보다 일찍 두 번째 구매 주문을 받았습니다. 회사는 이번 회계 분기 내에 배송을 완료할 것으로 예상합니다.
ecoBeans의 초기 제품 출시는 기대를 초과하였으며, 소매 및 OCS 유통 채널로부터 강력한 지원을 받았습니다. 이 제품은 현재 Nature's Fare Markets, 일부 Save on Foods 매장 및 ecoBeans의 전자상거래 웹사이트에서 구입할 수 있습니다. OCS 시장을 위해, 제품은 브리티시컬럼비아에 있는 Thirst First Refreshments Inc.를 통해 배포됩니다. ecoBeans는 추가 SKU를 포함한 제품 라인의 확장과 OCS 채널을 위한 새로운 지역 시장 타겟팅을 고려하고 있습니다.
NEXE Innovations (NEXNF) a reçu une deuxième commande d'achat de ecoBeans Coffee en avance sur le calendrier en raison d'une demande plus forte que prévu sur les marchés de détail et des Services de Café pour Bureau (OCS). La société s'attend à terminer la livraison au cours du trimestre fiscal actuel.
Le lancement initial du produit d'ecoBeans a dépassé les attentes, avec un fort soutien des canaux de distribution au détail et OCS. Les produits sont actuellement disponibles chez Nature's Fare Markets, dans certaines succursales de Save on Foods et sur le site de commerce électronique d'ecoBeans. Pour le marché OCS, les produits sont distribués par Thirst First Refreshments Inc. en Colombie-Britannique. ecoBeans envisage d'élargir sa gamme de produits en ajoutant d'autres SKU et en ciblant de nouveaux marchés régionaux pour le canal OCS.
NEXE Innovations (NEXNF) hat aufgrund der stärker als erwarteten Nachfrage aus dem Einzelhandel und den Office Coffee Services (OCS) Märkten vorzeitig eine zweite Bestellung von ecoBeans Coffee erhalten. Das Unternehmen erwartet, die Lieferung im laufenden Geschäftsjahr abzuschließen.
Die erste Produkteinführung von ecoBeans hat die Erwartungen übertroffen, mit starker Unterstützung durch die Vertriebskanäle im Einzelhandel und OCS. Die Produkte sind derzeit in den Nature's Fare Markets, ausgewählten Save on Foods Standorten und auf der E-Commerce-Website von ecoBeans erhältlich. Für den OCS-Markt werden die Produkte über Thirst First Refreshments Inc. in British Columbia verteilt. ecoBeans erwägt, ihr Produktportfolio um weitere SKUs zu erweitern und neue regionale Märkte für den OCS-Kanal anzusprechen.
- Received second purchase order ahead of schedule
- Strong demand from retail and OCS markets
- Expected delivery completion within current fiscal quarter
- Potential expansion into additional SKUs and regional markets
- None.
ecoBeans initial launch was a success, receiving strong support from retail and office coffee services (OCS) distribution channels
"We are thrilled with the initial launch of our new product line, which we believe has exceeded expectations," stated Alina Gogoescu, Founder of ecoBeans. We are working with NEXE and expect to expand the product line across additional SKUs. For the OCS channel, we are considering targeting additional regional markets."
To explore ecoBeans Official Website: Visit Here
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. The retail product is 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
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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