Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Enters New Licensing Agreement, Strengthens Business Model

May 6, 2019 10:12:53
  • Lexaria continues to create a strong, revenue-generating business model to support its growing patent portfolio
  • The company out-licenses disruptive delivery technology, giving licensees access to existing patents
  • Lexaria entered into a new beverage license agreement with a California-based cannabis firm
  • The company recently announced four new appointments to its scientific advisory board

Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) is a drug-delivery platform innovator with existing cannabinoid licensing agreements in Canada and the United States, as well as internationally. By out-licensing disruptive delivery technology DehydraTECH, the company has created a strong, revenue-generating business model and a growing patent portfolio.

At the end of 2018, LXRP held 10 granted patents, with 53 patent applications filed and pending in more than 40 countries around the world. The company is unique in that it is the only…

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