11:31 AM EDT, 03/25/2026 (MT Newswires) -- NEXE Innovations ( NEXNF ) , up 23% on last look, on Wednesday said a commercial partner began transitioning a "significant" portion of its single-serve coffee-pod volumes from plastic to Nexe's compostable pods.
The move, which is expected to scale up production and support revenue growth for Nexe, follows a validation process that included testing more than 10,000 cases across multiple distribution channels.
The phased transition, which will unfold over the coming months, could lift annual partner volumes to between 10-million and 15-million compostable pods, a statement said.
In preparation for higher demand, Nexe has shipped an additional 350,000 compostable pods across eight stock-keeping units, including two newly launched products, to customers.
Nexe shares were last seen up $0.025 to $0.135 on the TSX Venture Exchange.
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