VANCOUVER, BC, March 31, 2021 /CNW/ - NEXE Innovations
Inc. (TSXV: NEXE) ("NEXE" or the "Company"), a leader in
plant-based materials manufacturing, is pleased to announce that
the company is on track to launch its Xoma Superfoods store on
April 6, featuring its XOMA Coffee
Fortified with MCT.
The Company's second formulation, Mindful Mushroom, will be
available to order in the store on the week of April 11. Mindful Mushroom is a dark roast coffee
fortified with chaga, cordyceps and lion's mane. Mushroom-fortified
products are growing in popularity and are a source of fibre,
protein and antioxidants also known to have a host of health
benefits.
The eCommerce store will offer Xoma Superfoods coffee products
packaged in NEXE's fully-compostable, plant-based capsules, which
are compatible with Keurig single-serve coffee brewing systems.
Each will be available in 12-count packages.
The Company's initial pilot launch of its XOMA Coffee Fortified
with MCT featuring 3-count packages of the product sold out within
24 hours.
"We have received a significant amount of interest not only in
these coffee products themselves, but also great interest in a
subscription model for the products," said Ash Guglani, President
of NEXE. "Consumers are focused on incorporating products into
their lives that can support their health, now more than ever, as
well as the health of the environment. We are making this as
convenient as possible with our Xoma products. A subscription model
makes this even easier for our customers, so they have one less
thing to remember to shop for."
Order Xoma in Canada:
xoma.ca
Order Xoma in the U.S.: xomasuperfoods.com
About XOMA Superfoods
XOMA Operations Inc. is a
subsidiary of NEXE Innovations Inc. Xoma Superfoods produces and
distributes high-quality coffee and superfood creamers packaged
exclusively in single-serve, fully compostable, plant-based
pods.
xoma.ca
instagram.com/xomasuperfoods/
About NEXE Innovations Inc.
NEXE Innovations Inc. is a
leader in plant-based compostable technology and advanced materials
manufacturing based in British Columbia,
Canada. The company has developed one of the only patented,
fully compostable, plant-based, single-serve coffee pods for use in
leading single-serve coffee machines. The proprietary NEXE pod is
designed to reduce the significant environmental impact caused by
single-serve pods, >40 billion of which are discarded
every year. With over $30M raised to
date from equity and government funding and over five years of
R&D, NEXE is well-positioned to meet the growing demand for
environmentally friendly and sustainable products in the
single-serve coffee sector and beyond.
Social Media
https://twitter.com/nexeinnovations
https://www.facebook.com/nexeinnovations
https://www.linkedin.com/company/nexeinnovations
https://www.instagram.com/nexeinnovations
Cautionary Note Regarding Forward-Looking
Statements
Certain statements in this release are
forward-looking statements or information, which include the
proposed use of proceeds, commercialization of the NEXE PODs,
including the NEXE Nespresso Compatible Pod, increase production
capacity, demand and/or sales of its products, create other
environmentally friendly compostable packaging opportunities,
development of technologies, the potential of the Company's
technology, future plans, regulatory approvals and other matters.
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, business, economic and capital market
conditions, the ability to manage operating expenses, consumer
demand for and sentiment towards the Company's products, security
threats, and dependence on key personnel. 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, failure to obtain regulatory
approval, the continued availability of capital and financing,
equipment failures, litigation, increase in operating costs, the
impact of Covid-19 or other viruses and diseases on the Company's
ability to operate, competition, failure of counterparties to
perform their contractual obligations, government regulations, loss
of key employees and consultants, 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.