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TSX-V:NEXE

NEXE Innovations Inc

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Market:
TSX-V
Market Cap:
$204.27 m
Price
3.17 CAD
Change
-7.31%
52 weeks high
5.90
52 weeks low
0.38

In brief

A leader in the advancement of plant-based materials design and manufacturing, Nexe Innovations’ mission is to replace everyday products using plant-based materials. Targeting the USD$30B single serve plastic pod market, the company’s flagship product, the patented Nexe Pod, has been designed and developed to offer significant performance features and advantages over competitors. The Nexe Pod’s key benefits include:

  • Compatibility with the leading single-serve coffee format machines
  • Non-toxic in soils
  • Fully compostable in as little as 35 days
  • 5 yrs. of science-backed testing
  • More volume capacity vs standard single-serve capsules

 

Snapshot

The Vancouver-based firm plans to ramp up production capacity to 50 million NEXE Nespresso-compatible pods by the end of 2021