01:57 PM EST, 02/27/2025 (MT Newswires) -- Nexe Innovations ( NEXNF ) on Thursday announced a fourth partnership in as many months, with a North American distributor specializing in retail, office coffee services (OCS) and hospitality sectors.

The initial rollout of six SKUs across three brands, reflect the partner's confidence in Nexe's technology and the partner's commitment to delivering eco-friendly coffee options at scale, Nexe said. The pods are being delivered to three locations in Canada and the U.S.

"With decades of experience in the coffee industry and a diverse brand portfolio, our new partner brings invaluable expertise to this collaboration," said Ash Guglani, President of NEXE Innovations ( NEXNF ). "We believe that partnering with an established leader in the single-serve coffee industry highlights the demand for our BPI-certified compostable coffee pod and reflects the growth trajectory of our business."

Nexe's flagship product, the Nexe Pod, is a plastic-alternative BPI-certified compostable coffee pod.

The company's shares were last seen up $0.01 to $0.30 on the TSX Venture Exchange.

Price: 0.30, Change: +0.01, Percent Change: +1.69