Lexaria
Bioscience (CSE: LXX) (OTCQX: LXRP), a global innovator with technology
that has demonstrated its ability to enhance the oral delivery of nicotine,
recently appointed Gregg Smith, founder of a New York-based culture-tech,
venture investment firm, as senior advisor to help define LXRP’s leadership
strategies. An article discussing the company reads, “‘I am passionate about
creating a smokeless future and recognize that the consumption methods of
nicotine and cannabis will change,’ Smith stated in the news release (http://ibn.fm/Srpvg). ‘Lexaria’s
technology, DehydraTECH(TM), will completely disrupt and improve the
consumption and delivery of oral nicotine, CBD and cannabis. Lexaria’s
recognition of the recent FDA recognition of certain oral delivery forms of
nicotine as ‘less harmful’ to human health than combustible smoking will be a
driving force of changing consumer preferences.’”
To view the full article, visit http://ibn.fm/mVfCi
About Lexaria Bioscience Corp.
Lexaria Bioscience is a global innovator in drug-delivery
platforms. The company’s patented DehydraTECH drug-delivery technology changes
the way active pharmaceutical ingredients enter the bloodstream, promoting
healthier ingestion methods, lower overall dosing and higher effectiveness for
lipophilic active molecules. DehydraTECH increases bioabsorption, reduces time
of onset and masks unwanted tastes for orally administered bioactive molecules
including cannabinoids, vitamins, nonsteroidal anti-inflammatory drugs
(“NSAIDs”), nicotine and other molecules. Lexaria has licensed DehydraTECH to
multiple companies in the cannabis industry for use in cannabinoid beverages,
edibles and oral products, as well as to a world-leading tobacco producer for
the development of smokeless, oral-based nicotine products. Lexaria operates a
licensed, in-house research laboratory and holds a robust intellectual property
portfolio with 16 patents granted and over 60 patents pending worldwide. For
more information, visit the company’s website at www.LexariaBioscience.com.
NOTE TO INVESTORS: The latest news and updates
relating to LXRP are available in the company’s newsroom at http://ibn.fm/LXRP
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