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Lexaria Unveils Groundbreaking Delivery Technology

Ryan Allway

June 11th, 2015

News, Top News

[stockchart symbol=LXRP]

Lexaria Corp. [stockquote symbol=LXRP], a food sciences company focused on the delivery of cannabinoid compounds procured from legal, agricultural hemp, through gourmet foods based on its proprietary infusion technologies, recently announced the submission of a U.S. utility patent application and an international patent application under the Patent Cooperation Treaty (“PCT”) procedure through the U.S. Patent and Trademark Office.

The company believes that its lipid infusion technology has applications beyond the delivery of cannabinoids. Upon conducting further testing, the team has included additional lipophilic molecules that may be delivered via food and beverage formats utilizing its technology, targeting three major new market opportunities – nicotine, nonsteroidal anti-inflammatories (“NSAIDS”), and fat-soluble vitamins, like Vitamin E.

“Our technology opens up whole new avenues for delivering numerous bioactive compounds of interest into the body as part of anyone’s normal diet,” said John Docherty, President of Lexaria Corp., in the recent press release. “We believe that consumer demand could be enormous for these new product formats because they could offer both high bioavailability and a safe and naturally formulated alternative relative to their conventional predecessors.”

Management plans to continue testing and examining these formulations and end markets prior to the introduction of any products, adding that further details will be provided to shareholders as the testing data is digested and interpreted.

The PCT patent application includes coverage in 148 countries that are signatories, including Canada, China, India, much of Europe and the Middle East, the United Kingdom, and Japan among others. Meanwhile, the three end markets that management is targeting represent billion dollar opportunities, with $722 billion in retail cigarette sales, $22 billion spent on pain management, and $68 billion spent on vitamins and supplements each year.

“Lexaria’s groundbreaking new technology offers a new way of delivering active ingredients. Not only are there a number of important benefits associated with higher absorption rates of beneficial ingredients, but there is a crucial public health benefit associated with any reduction in cigarette or cannabis smoking,” added Chris Bunka, CEO of Lexaria, in the recent press release. “I am incredibly proud of the Lexaria team as we continue to investigate whether we have found the first viable alternative to smoking.”

In addition to these efforts, the company remains focused on introducing and expanding its consumer food products segment, which remains on target for 2015 delivery.

Shares of Lexaria Corp. jumped about 14% in early trading on Thursday, June 11, 2015 following the news release.

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.

Disclaimer: Except for the historical information presented herein, matters discussed in this article contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Emerging Growth LLC dba TDM Financial, which owns CannabisFN, is not registered with any financial or securities regulatory authority, and does not provide nor claims to provide investment advice or recommendations to readers of this release. Emerging Growth LLC dba TDM Financial, which owns CannabisFN, may from time to time have a position in the securities mentioned herein and will increase or decrease such positions without notice. For making specific investment decisions, readers should seek their own advice and that of their own professional advisers. Emerging Growth LLC dba TDM Financial, which owns CannabisFN, may be compensated for its Services in the form of cash-based and/or equity- based compensation in the companies it writes about, or a combination of the two. For full disclosure please visit: https://www.cannabisfn.com/legal-disclaimer/.

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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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