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Lexaria Files International Cannabinoid Patent Applications

Ryan Allway

December 19th, 2016

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Lexaria Bioscience Corp. (LXRP) (CNSX:LXX) (the “Company” or “Lexaria”) is pleased to announce, following the successful October 26, 2016 issuance of its U.S. Patent No. 9,474,725, Cannabinoid Infused Food and Beverage Compositions and Methods of Use Thereof, it has filed to expand this patent internationally.

National filing patent applications in Canada, Australia, Japan, China, India and all 37 countries belonging to the European Patent Convention have just been filed. All of these filings follow the initial international Patent Cooperation Treaty (“PCT”) Patent Appl. No PCT/US2015/035128.

Lexaria has also filed two new international patent applications under the PCT. These two applications are entitled Methods For Formulating Orally Ingestible Compositions Comprising Lipophilic Active Agents, and Stable Ready-To-Drink Beverage Compositions Comprising Lipophilic Active Agents. These two patent applications were original filed in the United States on December 9, 2015, and are now being filed internationally.

Lexaria’s patented technology has been lab tested to demonstrate important benefits to consumers including shortened time of onset and improved bioavailability for cannabinoid edibles. Taste is also improved for many bioactive compounds including cannabinoids, in food, beverage, and other ingestible formats.

Lexaria’s patent applications are advancing as the Company continues to expand its patent portfolio with the strategy of owning the broadest and most important bioscience intellectual property portfolio relating to cannabinoids and other molecules.

The Company has several other patent-pending applications in the U.S. and internationally and believes it is well positioned for allowance of these additional patent claim sets. These patent-pending applications expand the breadth and variety of dosage formats and carrier molecules the Company’s technology can empower.

About Lexaria:

Lexaria Bioscience Corp. is a food biosciences company with a proprietary technology for improved delivery of bioactive compounds. The Company’s lipophilic enhancement technology has been shown to enhance the bioavailability of orally ingested cannabinoids, while also masking taste. This technology promotes healthy ingestion methods, lower overall dosing and higher effectiveness in active molecule delivery. The Company’s technology is patent-protected for cannabidiol (CBD) and all other non-psychoactive cannabinoids, and patent-pending for Tetrahydrocannabinol (THC), other psychoactive cannabinoids, non-steroidal anti-inflammatory drugs (NSAIDs), nicotine and other molecules.

This article was published by CFN Enterprises Inc. (OTCQB: CNFN), owner and operator of CFN Media, the industry’s leading agency and digital financial media network dedicated to the burgeoning CBD and legal cannabis industries. Call +1 (833) 420-CNFN for more information.

About Ryan Allway

Mr. Allway has over a decade of experience in the financial markets as both a private investor and financial journalist. He has been actively involved in the cannabis industry since its inception, covering public and private companies.

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CFN Enterprises Inc. (OTCQB: CNFN) owns and operates CFN Media Group, the premier agency and financial media network reaching executives, entrepreneurs and consumers worldwide. Through its proprietary content creation, video library, and distribution via www.CannabisFN.com, CFN has built an extensive database of cannabis interest, assisting many of the world’s largest cannabis firms and CBD brands to build awareness and thrive. For more information, please visit www.cfnenterprisesinc.com.

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