STOCK TITAN

NEXT MEATS HLDGS INC - NXMH STOCK NEWS

Welcome to our dedicated page for NEXT MEATS HLDGS news (Ticker: NXMH), a resource for investors and traders seeking the latest updates and insights on NEXT MEATS HLDGS stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect NEXT MEATS HLDGS's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of NEXT MEATS HLDGS's position in the market.

Rhea-AI Summary

NEXT MEATS Co., and Dr. Foods Co., , subsidiaries of NEXT MEATS Holdings, Inc. (OTC: NXMH) and Dr. Foods Co., (OTCQB: DRFS) respectively, have been selected as finalists in the 'Alternative Proteins – Cultivated Meat' category at the FOODNICHE SUMMIT held at Cornell Tech University in New York. The companies presented their innovative products, including 'VEGAN FOIE GRAS', 'VEGAN CAVIAR', and 'VEGAN TRUFFLE BUTTER' for the first time in the U.S.

CEO Koichi Ishizuka expressed excitement about the opportunity to showcase their products in New York, where they aim to distribute in the coming months. Both companies are seeking local distribution partners in the New York area to expand their international vegan business, focusing on high-end B2B food markets in the U.S.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary

NEXT MEATS Co., Ltd. has signed an exclusive distribution contract with Van Gelder to import and sell its MEXT MEATS products in European markets starting April 2023. This agreement marks a significant milestone for NEXT MEATS, enabling its entry into Europe with products like 'Next Short Rib 2.0' and 'Next Tuna'. The contract follows a tasting event held in the Netherlands with key stakeholders including Bidfood and Van der Valk Hotel, showcasing a range of plant-based meals made from non-GMO soybean protein. The strategic partnership with established distributors positions NEXT MEATS to expand its market presence and reach new customers in the rapidly growing vegan sector.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
12.85%
Tags
none
-
Rhea-AI Summary

NEXT MEATS Co., Ltd., a subsidiary of NEXT MEATS Holdings (NXMH), begins sales of its Non-GMO soybean protein-based product, "Next Short Rib 2.1 (Marinated Japanese BBQ)", at 31 Costco Wholesale locations in Japan starting March 2023. The product is packaged with two sets of 200g, aimed at providing a 100% vegetable-based alternative without additives or preservatives, boasting a 90-day shelf life when refrigerated. Selected Costco locations will feature live cooking demonstrations to enhance customer experience. The company has been focused on creating premium alternative meat products since 2020, contributing to a sustainable future.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.27%
Tags
none
Rhea-AI Summary

Next Meats Co., Ltd., a subsidiary of Next Meats Holdings (OTC Pink: NXMH), announced a capital and business alliance with Yakuodo Co., enhancing their partnership to promote plant-based foods in Japan. Yakuodo will purchase shares and utilize its data and logistics for product development and distribution. This alliance aims to improve access to sustainable dietary options, particularly in the Tohoku region. Since its inception in June 2020, Next Meats has pioneered plant-based products, achieving significant market presence in Japan.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.88%
Tags
none
-
Rhea-AI Summary

Next Meats Co. Ltd, a Tokyo-based food-tech venture, has announced the launch of the Next Yakiniku Short-Rib 2.0, an upgraded version of its popular plant-based barbecue meat. This new product features a firmer texture, expanded size, and a 5% increase in protein content. Additionally, it boasts a more flavorful sauce, enhancing its resemblance to traditional Japanese barbecue. Initially available through the company's E-Commerce site in Japan, the product will also be sold in retailers and restaurants. The company aims to inspire greater interest in plant-based foods.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.33%
Tags
none
-
Rhea-AI Summary

Next Meats Co. has announced the upcoming launch of three new plant-based products: NEXT Pork, NEXT Tuna, and NEXT Milk, expected to debut in Japan in October. This follows the earlier introduction of their alternative egg product, NEXT EGG 1.0. Co-founder Ryo Shirai highlighted the company's commitment to sustainability and responding to consumer demands, particularly for pork and fish alternatives, which are popular in Japan. NEXT Pork will be offered as a ready-to-eat meal, while details on NEXT Tuna and NEXT Milk remain pending.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
15.28%
Tags
none
Rhea-AI Summary

Next Meats Co., a Tokyo-based alternative meat company, is set to build the "NEXT Factory" in Niigata, Japan, aimed at revolutionizing the alternative protein market. This facility will serve as a one-stop hub for R&D and production, incorporating sustainable technologies like solar panels. The factory's construction is expected to stabilize supply chains and lower retail costs. Co-founders Hideyuki Sasaki and Ryo Shirai emphasized local collaboration, including partnerships with regional firms and research institutions. Next Meats aims to lead the alternative protein industry by 2050, having already gained recognition for its vegan products.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-11.63%
Tags
none
-
Rhea-AI Summary

Next Meats, a Japanese alternative meat company, has launched a new plant-based egg product, the NEXT EGG 1.0. Set to address the needs of vegans and those with egg allergies in Japan, this product aims to promote sustainability and raise awareness on the environmental impacts of egg production. The NEXT EGG will first be available on a BtoB basis before expanding to consumers, with plans for international distribution. With Japan being the second-largest egg consumer globally, Next Meats is positioned to tap into this market and reduce the carbon footprint related to egg consumption.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.21%
Tags
none
-
Rhea-AI Summary

Next Meats, a plant-based meat venture from Tokyo, reported a successful U.S. launch of their NEXT Yakiniku Short-Ribs, selling out within a day of their e-commerce shop opening on June 23, 2021. Ryo Shirai, CEO of Next Meats Holdings (OTC Pink: NXMH), expressed surprise at the rapid demand, particularly from environmentally conscious consumers and Japanese food enthusiasts in Los Angeles. The company aims to restock and expand nationally, leveraging their participation in the Future Food-Tech Summit 2021 and collaborations with burger chains to enhance visibility and distribution.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
11.11%
Tags
none
Rhea-AI Summary

Next Meats Co., a Tokyo-based alternative meat company, has partnered with Wayback Burgers in a new collaboration. This partnership will feature the launch of their vegan-friendly NEXT Yakiniku Short Rib on June 23, available through their online e-commerce shop. The companies will also distribute free samples of innovative sliders at the Sacramento Vegan Food Festival on June 19. Celebrating its first year of operations, Next Meats is expanding into six additional countries and aims for U.S. supermarkets to carry its products soon.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-16.92%
Tags
none

FAQ

What is the current stock price of NEXT MEATS HLDGS (NXMH)?

The current stock price of NEXT MEATS HLDGS (NXMH) is $0.0022 as of December 20, 2024.

What is the market cap of NEXT MEATS HLDGS (NXMH)?

The market cap of NEXT MEATS HLDGS (NXMH) is approximately 918.9K.

NEXT MEATS HLDGS INC

OTC:NXMH

NXMH Rankings

NXMH Stock Data

918.95k
64.35M
85.3%
Packaged Foods
Consumer Defensive
Link
United States of America
Shibuya