British Columbia-based Lexaria Bioscience (CSE: LXX) (OTCQX: LXRP) recently
expanded on its relationship with Cannadips through a new definitive agreement
to provide its patented DehydraTECH(TM) technology to Cannadips’ cannabis
products in Cannadips’ current California market and throughout the United
States (http://ibn.fm/N0pdA).
An article discussing the company reads, “Lexaria’s DehydraTECH drug-delivery
platform is perfectly suited to improve the dipping experience through its
effective, high-absorption technology. Cannadips uses multi-spectrum oils as
base ingredients. The oils are rich in high-quality terpenes, which ensure the
much-coveted entourage effect. DehydraTECH minimizes the throat irritation
usually associated with some terpenes. . . . ‘Lexaria is building a stronger
relationship with the Cannadips brand and applying DehydraTECH to Cannadips
cannabis represents our latest advance,’ Chris Bunka, CEO of Lexaria Bioscience
Corp., stated in a news release. ‘Our DehydraTECH technology empowers a
scalable supply chain across state lines for our cannabis brand licensees. We
are excited that Cannadips is interested in activating the Lexaria technology
in additional key state markets.’”
To view the full article, visit http://ibn.fm/SDbvj
About Lexaria Bioscience Corp.
Lexaria Bioscience is a global innovator in drug-delivery
platforms. The company’s patented DehydraTECH drug-delivery technology changes
the way active pharmaceutical ingredients enter the bloodstream, promoting
healthier ingestion methods, lower overall dosing and higher effectiveness for
lipophilic active molecules. DehydraTECH increases bioabsorption, reduces time
of onset and masks unwanted tastes for orally administered bioactive molecules
including cannabinoids, vitamins, nonsteroidal anti-inflammatory drugs
(“NSAIDs”), nicotine and other molecules. Lexaria has licensed DehydraTECH to
multiple companies in the cannabis industry for use in cannabinoid beverages,
edibles and oral products, as well as to a world-leading tobacco producer for
the development of smokeless, oral-based nicotine products. Lexaria operates a
licensed, in-house research laboratory and holds a robust intellectual-property
portfolio with 16 patents granted and over 60 patents pending worldwide. For
more information, visit the company’s website at www.LexariaBioscience.com.
NOTE TO INVESTORS: The latest news and updates
relating to LXRP are available in the company’s newsroom at http://ibn.fm/LXRP
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