- Global legal cannabis market projected to surpass $146 billion by end of 2025
- Cannabinoid-infused edibles, concentrates represent fastest-growing segment of industry
- Lexaria’s patented technology improves bio-absorption and bioavailability of active ingredients while masking unpleasant taste
- Lucrative licensing business model includes agreements to enhance cannabinoid (CBD) delivery before year-end 2018
Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) and its proprietary technology found in the company’s drug delivery platform DehydraTECH has application for several subsets of the cannabis industry and other pharmacological verticals. As a technology proven to deliver increased intestinal absorption rates and higher bioavailability for a number of bioactive compounds, the DehydraTECH drug delivery platform could be a game changer for several industries, including the recreational and medical cannabis markets, according to a recent article (http://nnw.fm/8PbRx). While cannabis flower has been the early focus, cannabinoid-infused edibles and concentrates represent the fastest-growing segments of the $100+ billion industry, the article points out.
“We are focused on making ingestible or edible bioactive substances taste better, smell better, act faster and enhance potency,” Lexaria President John Docherty, a trained pharmacologist and toxicologist who is…
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