Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP), a global
innovator in drug delivery platforms, on Wednesday announced successful
processing of its first DehydraTECH(TM)-enabled liquid nanoemulsion for
cannabidiol (“CBD”) beverages for one of its licensed clients. Per the update,
Lexaria’s client expects to soon begin distribution of its line of CBD
beverages in select stores across the U.S. Emulsified DehydraTECH processing is
an additional service Lexaria can now provide to qualifying clients wanting to
formulate best in class ready-to-drink beverages containing CBD. As referenced
in a February 13 press release, Lexaria recently added this additional
capability to its powder production facility.
To view the full press release, visit http://ibn.fm/2KaKn
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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