Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Enters License Agreement with California Cannabis Beverage Maker

May 3, 2018 12:32:28
  • Lexaria and GP Holdings LLC enter into a five-year semi-exclusive licensing agreement
  • Lexaria and GP have developed a series of high-performing cannabis beverages with nearly zero unwanted taste and odor
  • California cannabis-beverage market is expected to be one of the largest edible product segments

Drug delivery innovator Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) recently announced a definitive technology licensing agreement with GP Holdings LLC to empower next-generation performance in high absorption, fast acting cannabis-infused beverages to be developed and sold in California. DehydraTECH™ is LXRP’s edible delivery technology that promotes healthier ingestion methods, lower overall dosing and higher effectiveness of lipophilic active molecules. This revolutionary technology makes it possible to deliver bioactive substances via oral ingestion, eliminating the need for unhealthy practices such as inhalation or the addition of sugars or sweeteners, which are commonly used to mask taste.

LXRP and GP have been working for months to develop a high performing cannabis beverage with nearly zero unwanted cannabis odor or flavor. Together, they have developed products with the complete clarity and…

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