- Has patents in the United States and Australia and patents pending in more than 40 countries for proprietary technology easing how edible cannabinoids enter body
- Revenue stream comes from own products and 5-10% margin of gross sales from licensing technology to third parties
- Signed C$250,000 joint venture agreement with National Research Council (NRC) in Canada to research and find best methods for processing active agents in foods
Lexaria Bioscience Corp. (CSE: LXX) (OTCQB: LXRP) already owns international patents for its proprietary intellectual property and has more global patents pending in the cannabis marketplace. It believes that the sub-sector of bioscience technology for edible CBDs will expand. It expects a new round of investors will be attracted to “plant-to-bloodstream” companies. Initially, it said, investors funded “seed-to-plant” companies.
The Kelowna, British Columbia, Canada-based food bioscience company is a technology disruptor for edible CBDs. It markets a high absorption hemp oil formula, protein energy bars, exotic teas and high absorption hemp oil capsules to help the human body absorb CBDs. In its June 2017 corporate presentation for investors (http://nnw.fm/t8NXO), Lexaria Bioscience noted…
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