Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Technology Boosts Prospects for Smoke-Free Nicotine Future

May 23, 2018 11:23:05
  • New FDA restrictions on Big Tobacco take effect
  • Tobacco manufacturers turning to ‘reduced-risk’ products
  • No edible nicotine products currently available
  • DehydraTECH improves bio-absorption of nicotine taken orally

Smoking may be a dying trend, but consumption of nicotine is not only very much alive; its longevity is assured by Big Tobacco’s foray into alternative tobacco and ‘reduced-risk’ products. Driven by increased public awareness and government policy, the pressure has been turned up on smokers to quit, and cigarette manufacturers are feeling the heat, as well. New regulations mandating warnings against the adverse health effects of smoking and the addictive power of nicotine have already gone into effect, and the FDA is mulling a plan that would require manufacturers to cut nicotine levels in cigarettes so that they are essentially non-addictive, a proposal that the tobacco industry fears will substantially curtail sales. It is responding by turning to lower-risk technologies that deliver nicotine without the deadly effects of traditional cigarettes, like that developed by Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP). The company, recently uplisted to the OTCQX, has developed technology that allows nicotine to be absorbed without smoking.

The tobacco industry is disentangling itself from cigarettes and smoking, after fighting (and losing) a rearguard action that lasted for 18 years. In 1999, in order to recover funds spent on treating smoking-related health issues, the federal government sued tobacco companies. After hearings that lasted for seven years, a federal district court ordered the…

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