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Lexaria Bioscience Corp

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: $0.89

Market: CSE
Market Cap: $69.99 m
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Full interview: Lexaria Bioscience ChrgD up about CBD product launch in the U.S.

Lexaria BioScience (CSE: LXX-OTCQX-LXRP) CEO Chris Bunka joined Steve Darling from Proactive Canada to discuss the company launching a new product featuring hemp oil in a powdered format.  Bunka talks about ChrgD and why this product can demonstrate Lexaria's ability to deliver CBD into...

on 08/22/2019

2 min read