New to The Street’s TV Host Jane King is at the Nasdaq MarketSite Studio with Masateru Higashida, Founder, Chairman, and CEO of NuZee, Inc. (NUZE) ($NUZE) (“NuZee Coffee”). The Company leads in the co-packing for single-serve coffee formats, helping partners and other companies enter and expand into the single-serve coffee market. NuZee offers small coffee roasters to more prominent global brands, an end-to-end sustainable solution with flexibility and capacity to grow their market segments. Consumers want high-quality coffee, an on-the-go product that NuZee produces and sells globally, “Pour Over” and “Brew Bag” (Tea Bag Style) single-serve coffee. Popularity for the product began in Japan and is now gaining acceptance with US consumers. Masateru explains the Company’s single-serve Pour-Over coffee co-branding partnership with Jimmy Butler’s BIGFACE Brand. The Company has other co-branding relationships like the one with Stone Brewing, a prominent US craft beer company. Stone Brewing and NuZee see lots of synergies that can expand both companies’ brands. Other opportunities exist globally as the Company evaluates direct marketing and co-branding strategies. Management is lowering costs from the reduced expenditures in fees paid to legal professionals, consultants, and non-performing advertisement firms. Throughout 2024, the Company believes revenues should increase on existing product lines from its sales/marketing campaigns while seeking more co-branding relationships in the US and globally. NuZee is working on new product innovations and will continue to grow its single-serve coffee product, which can be easily portable for travel, offices, and other events. The on-screen QR code is available during the show; download or visit NuZee, Inc. – https://mynuzee.com/.
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