Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Enters Agreement with Cannabis-Infused Edibles Manufacturer

  • Lexaria enters agreement with Cannfections to develop an innovative range of cannabis-infused chocolates and gummies incorporating its proprietary technology, DehydraTECH™
  • Cannfection’s formulation and manufacturing expertise can be offered to other Lexaria licensee partners
  • The agreement is expected to generate new cannabis-based edible products for domestic and international markets

On January 25, 2018, Lexaria Bioscience Corp. (OTCQX: LXRP) (CSE: LXX) announced that it had entered into a seven-year agreement with Cannfections Group Inc. to provide its patented DehydraTECH™ technology for the development of a new range of cannabis-infused chocolates and gummies (http://cnw.fm/Hef3A). Cannfections is a new company, established by one of Canada’s leading chocolate manufacturers with over 85 years of experience in the production of high-quality chocolate and confectionery products for several prominent domestic and international chocolate brands. Cannfections is a pending entrant to the Licensed Producer program for cannabis-infused products.

Under this agreement, Lexaria is able to offer other licensee partners the use of Cannfections’ formulation and manufacturing expertise for the production of cannabis-infused chocolates and gummies, powered by Lexaria’s patented DehydraTECH™ delivery technology. This is expected to generate new product entries for…

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