Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Acquires a $12 Million Investor

January 24, 2019 11:43:24
  • Lexaria Nicotine LLC partners with one of the world’s largest tobacco companies
  • Opportunity to change nicotine delivery and improve the lives of millions
  • Retains ownership of DehydraTECH while licensing the technology out to multiple industries

Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) recently announced that its wholly owned subsidiary, Lexaria Nicotine LLC, has partnered with one of the world’s largest tobacco companies to fund the research and development of Lexaria’s patented DehydraTECH (http://nnw.fm/5t1JL). The partnership may potentially commercialize this cutting-edge technology for oral nicotine delivery.

Chris Bunka, CEO of Lexaria Bioscience, is excited about the opportunity to work with a world-class partner. In a recent press release, Bunka stated…

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