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Lexaria Bio Science signs 5-year deal to provide technology to Universal Hemp

Lexaria Bioscience Corp (CSE:LXX) Chairman and CEO Chris Bunka joined Steve Darling from Proactive Investors Vancouver on Skype to bring news the company has agreed to a 5-year deal that will allow Universal Hemp to use their DehydraTECH technology.

This deal will work under a royalty agreement but terms of that part of the deal are not being disclosed, but the deal is worth a min 3.75 million US.

 

Quick facts: Lexaria Bioscience Corp.

Price: 0.49 CAD

CSE:LXX
Market: CSE
Market Cap: $43.9 m
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Lexaria Bio Science and partner Altria complete Phase One of the development...

Lexaria BioScience (OTCQX: LXRP- CSE: LXX) CEO Chris Bunka joined Steve Darling from Proactive Vancouver with news the company has seen their Phase One research and development program of oral forms of nicotine delivery finish with Altria Ventures. Bunka says everything went as planned and...

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