Lexaria Bioscience Corp. | At a Glance | Cannabis Tech
At a Glance:
- Lexaria Bioscience Corp. (CSE:LXX; OTCQX:LXRP) is a research-driven company that has developed and out-licenses its disruptive and cost-effective DehydraTECH™ technology that promotes healthier administration methods, lower overall dosing and higher effectiveness of ingestible drugs and other beneficial molecules.
- Lexaria’s DehydraTECH™ technology is covered by issued and pending patents in over 40 countries around the world. Lexaria’s first patent was issued by USPTO in October 2016 (US 9,474,725 B1), providing 20 years of patent protection expiring June 2034.
- First applications for the technology are being used in the legal cannabinoid consumer products space, which is expected to show Compounded Annual Growth Rate (CAGR) of more than 25% through 2021 in North America.