Nexe Innovations Inc (NEXNF)

[Rocinante]

NEXE Innovations Has Produced its Proprietary Single-Serve Pods for U.S. Based Rooted Grounds Coffee Company
Interest continues to grow for NEXE’s proprietary BPI-certified, single-serve pods to deliver exceptional coffee experience without compromising our planet’s well-being
Vancouver, B.C.- September 28, 2023 - NEXE Innovations Inc. ("NEXE" or the "Company") (TSX.V: NEXE) (Frankfurt: NX5) (OTC: NEXNF), a compostable and innovative materials company, is pleased to announce that it has onboarded and produced product for U.S. based Rooted Grounds Coffee, its third co-manufacturing customer for the Biodegradable Products Institute (BPI)-certified compostable, single-serve coffee pods. NEXE has also completed shipping product to Neighborhood Coffee – one of it's previously announced partnerships. Since moving into production, NEXE has onboarded three co-manufacturing customers including Rooted Grounds Coffee Company and Neighborhood Coffee. Management believes the interest surrounding NEXE's proprietary compostable single-serve pod continues to gain momentum, and NEXE continues to advance discussions to drive private label and co-manufacturing opportunities.



"This is an exciting period for NEXE as interest grows for our proprietary NEXE Pod. We continue to build our operations in Windsor as we are engaged in several active discussions with local artisanal brands and larger coffee companies,” stated Ash Guglani, President of NEXE Innovations.



NEXE has also completed transitioning its own retail brand, NEXE Coffee to the BPI-certified compostable, single-serve coffee pods. NEXE’s own retail brand is now being produced at it's Windsor, Ontario facility that utilizes the end-to-end manufacturing process. The retail brand is available at www.nexecoffee.com.