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LXRP: Bioscience Technology Disruptor In Burgeoning Marijuana Sector

 

AllPennyStocks.com
February 16, 2017

Penny Stock Profile ….

  

Lexaria Bioscience Corp.
(OTCQB: LXRP) (CSE: LXX)

For complete profile, .

"Lexaria Bioscience Corp., a bioscience technology disruptor in the burgeoning marijuana sector."

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LXRP Profile

Lexaria Bioscience Corp. (OTCQB:LXRP) (CSE:LXX) is a bioscience technology disruptor for edible cannabinoids. The Company’s technology masks the bitter taste of marijuana, provides faster acting delivery (15 -20 min for THC vs 60 – 120 minutes for industry norms) and has increased potency with an overall lower dosage. With its presence in the Canadian as well as U.S. market, Lexaria Bioscience is uniquely positioned to benefit from the relaxation in marijuana laws in both Countries.

Canada has recently taken important steps to deregulate marijuana use in the country. These steps are expected to result in a substantial increase in demand for marijuana products for medicinal and recreational use. Late last year, a marijuana task force completed its report providing guidelines for legalizing cannabis use. The report is currently under consideration.

According to industry experts, the cannabis market in Canada is expected to grow to $4.5 billion by 2021. Similarly, the United States, which is another major market for Lexaria Bioscience has taken even bolder steps towards legalizing marijuana use. On the U.S. election day in November, seven states legalized the use of cannabis in various forms. The prediction for the marijuana market in the United States suggest that the industry may be worth more than $50 billion by 2026.

These developments are highly important for Lexaria Bioscience which is looking to gain a leadership position with its proprietary technology aimed at the marijuana market. In line with regulators taking major steps towards boosting the cannabis industry, Lexaria Bioscience is also working towards cementing its position in the fast growing and newly legal market.

The Company has been very busy of late moving forward with their corporate vision.  The company recently signed a master collaborative research agreement with the National Research Council of Canada. The new deal is important as it will help the company in increasing the demand for its patented flavour masking and nutrient delivery enhancement technology.

Lexaria Bioscience is also working towards developing new products. It recently announced the successful development and initial trial of the industry's first zero-sugar cannabinoid / pterostilbene edible tablet. The company collaborated with NeutriSci International Inc. on the product with the process using Lexaria Bioscience’s CBD conjugation technology. The trials showed that the tablets were able to provide faster and longer lasting effects with smaller dosage than competing products.

Lexaria’s technology is already patented in the United States, and is under process in Canada and 41 other countries including Japan, China and India. It received its U.S. patent nod in October and filed for international patents in December.

Over the course of the past 12 months, various ventures such as patent wins and product developments have helped the company’s shares post an over 530% gain. Shares are up close to 81% on a year-to-date basis alone.

Investors looking for a Company with a focus on the burgeoning marijuana sector, but not in the business of growing the product may want to consider Lexaria Bioscience Corp. (OTCQB:LXRP) (CSE:LXX) for their stock portfolio.  The Company provides investors with product diversity, technological patents, growing revenues and strong share price growth under one umbrella.

As always, more information on the Company can be found on AllPennyStocks.com, or by clicking here.

 

Corporate Information

  • Exchange: OTCQB
  • Market Cap: 29.44 Million
  • Outstanding Shares: 55.5 Million
  • Price: $0.53
  • 52 Week Low / High: $0.08 / $0.699
  • Information As Of February 16, 2017

 

 

  Forward Looking Statements

This report includes forward-looking statements that reflect Lexaria Bioscience Corp. current expectations about its future results, performance, prospects and opportunities. Lexaria Bioscience Corp. has tried to identify these forward-looking statements by using words and phrases such as "may," "will," "expects," "anticipates," "believes," "intends," "estimates," "plan," "should," "typical," "preliminary," "we are confident" or similar expressions. These forward-looking statements are based on information currently available and are subject to a number of risks, uncertainties and other factors that could cause Lexaria Bioscience Corp.'s actual results, performance, prospects or opportunities to differ materially from those expressed in, or implied by, these forward-looking statements. These risks, uncertainties and other factors include, without limitation, the Company's growth expectations and ongoing funding requirements, and specifically, the Company's growth prospects with scalable customers, and those outlined above. Other risks include the Company's limited operating history, the Company's history of operating losses, consumers' acceptance, the Company's use of licensed technologies, risk of increased competition, the potential need for additional financing, the terms and conditions of any financing that is consummated, the limited trading market for the Company's securities, the possible volatility of the Company's stock price, the concentration of ownership, and the potential fluctuation in the Company's operating results.

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