VANCOUVER, BC, November 15, 2021 /PRNewswire/ – NEXE Innovations Inc. (“NEXE” or the “Company”), (TSXV: NEXE) (OTC Markets: NEXNF) (Frankfurt: NX5), a leading manufacturer of plant-derived materials, is pleased to announce the distribution to detail of three of his XOMA Superfoods beverages at 78 London Drugs outlets in Canada. the January 2022 The launch is an important step in expanding NEXE’s offerings beyond e-commerce and providing retailers with sustainable options for single-serve beverages.
London Drugs has stores in 35 major markets in Canada that serve more than 45 million customers a year. XOMA Superfoods will be a featured product in London Drugs’ Veganuary, an annual challenge that promotes health and educates about veganism by encouraging people to adopt a vegan lifestyle.
“We created the XOMA Superfoods line to make it easy for consumers to incorporate delicious, plant-based superfoods into their lives,” said Ash Guglani, President of NEXE. “All XOMA Superfoods products are packaged in our signature NEXE pods, which are made with plant-based materials and sustainably produced in North America. Entering London Drugs is a major milestone in our distribution goals, as we aim to work with quality retailers highlighting the benefits of the superfood category. »
XOMA Superfoods products available from London Drugs for Veganuary:
- XOMA Keto Cocoa: A rich, dark and luscious keto hot chocolate made with quality fat from organic cocoa powder, vegan cocoa butter and MCT chocolate powder. XOMA Keto Cocoa offers the great taste and health benefits of cocoa while being a great addition to a ketogenic diet.
- XOMA Matcha Latte: Made from finely ground, shade-grown Japanese green tea leaves and packed with antioxidants, XOMA Matcha features a rich umami flavor that can help reduce stress and increase alertness.
- XOMA Turmeric Golden Milk: The traditional dairy-free, thick, yellow and spicy food drink contains curcumin, ginger, cinnamon and other powerful ingredients. Turmeric is a key part of traditional medicine and has been considered an anti-inflammatory and antioxidant for thousands of years.
“Plant-based nutrition is growing in popularity, and we believe this interest will eventually extend to how food and beverages are made and packaged. Our NEXE beverage pods can be discarded immediately after use, leaving no no mess and don’t need to be disassembled before composting, making it easy to incorporate more plant-based products into your life.The pods can fully decompose in municipal composting facilities in as little as 35 days,” Guglani added.
All three products are each sold in 12-pod packs and are compatible with Keurig® single-serve brewers.
The superfood market is projected to reach $209.1 billion (USD) by 2026 with a compound annual growth rate (CAGR) of 7.3% according to KBV Research. 1
* NEXE Innovations Inc. is not affiliated with, endorsed or sponsored by Keurig®. Keurig® is a registered trademark of Keurig Dr Pepper Inc.
About London Drugs
Founded in 1945, London Drugs, based in British Columbia, sells in all provinces and territories of Canada through its online store www.londondrugs.com and has 79 physical stores in more than 35 major markets across British Columbia, alberta, Saskatchewan and Manitoba. London Drugs offers its customers a range of products from personal protective equipment for pandemic safety, digital cameras and cosmetics to computers and televisions. Renowned for its creative approach to retail, the company employs more than 9,000 people with pharmacy and healthcare services at the heart of its business. Committed to innovation and superior customer service, London Drugs has established itself as a reputable and caring Canadian company that supports Canadian brands and continues to position itself for future growth and development.
About XOMA Superfoods
XOMA Operations Inc. is a subsidiary of NEXE Innovations Inc. XOMA Superfoods produces and distributes high-quality coffee and superfood ingredients packaged exclusively in fully compostable, single-use plant-based pods. Learn more: https://xomasuperfoods.com/ and find XOMA on Instagram at @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 exclusive NEXE pod is designed to reduce the significant environmental impact caused by single-use pods, of which over 50 billion are thrown away each year. With over $60 million raised to date through equity and government funding and over six 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. Learn more: https://nexeinnovations.com/
ON BEHALF OF THE BOARD OF DIRECTORS NEXE INNOVATIONS INC.
s/ “Ash Guglani”
Guglani Ash, President
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Caution Regarding Forward-Looking Statements
Certain statements contained in this press release are forward-looking statements or information, including the launch of NEXE’s new coffee blends, the ability to create other environmentally friendly compostable packaging opportunities, technology development, 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 statements regarding beliefs, plans, expectations or intentions regarding the future. Such information can generally be identified by the use of forward-looking terms such as “may”, “expect”, “estimate”, “anticipate”, “intend”, “believe”, and “continue”. or the negative thereof or similar variations. Readers are cautioned that the assumptions used in preparing any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those anticipated due to numerous known and unknown risks, uncertainties and other factors, many of which are beyond the Company’s control, including, but without limitation, business, economic and capital market conditions, ability to manage operating expenses, consumer demand and sentiment for the Company’s products, security threats and reliance on key personnel. These 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 demand for its products, expected costs and the ability to achieve objectives. Factors that could cause actual results to differ materially from those in the forward-looking statements include the inability to obtain regulatory approval, the continued availability of capital and financing, equipment failures, litigation, increased operating costs, the impact of Covid-19 or other viruses and diseases on the Company’s ability to operate, competition, failure of counterparties to meet their contractual obligations, government regulations, the loss of key employees and consultants and general economic, market or business conditions. The forward-looking statements contained in this press release are expressly qualified by this cautionary statement. Readers are cautioned not to place undue reliance on forward-looking information. The forward-looking statements contained in this press release are made as of the date of this press release. Except as required by law, the Company disclaims any intention and undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
SOURCENexe Innovations Inc.