Lexaria Bioscience Corp. (CSE:LXX,OCTQX:LXRP) has launched its campaign on the Investing News Network’s Cannabis and Life Science channels.

Lexaria Bioscience is a biotechnology company that has submitted over 50 patent applications and has been granted 10 patents. Operating on an out-licensing and royalty business model, the company generates 90 percent of its revenue from royalties and through their licensing agreements on its patented DehydraTECH™ technology. The DehydraTECH™ technology enhances the taste, smell, speed of action and bio-absorption and bioavailability of beneficial compounds in ingestible products and is able to create formulations that quickly and effectively deliver a wide range of bioactive molecules, such as nicotine, common non-steroidal anti-inflammatories (NSAID) pain-relievers, among others.


Lexaria’s main focus is on developing it IP portfolio and broadening the uses of its DehydraTECH™ technology. As such, the company has been conducting numerous research projects with  the National Research Council of Canada (NRC) to test the effectiveness of their technology. Lexaria’s DehydraTECH™ technology has been shown to increase the absorption of bioactive compounds by as much as five to 10 times and take effect in as little as 15 minutes after administration in some studies. Currently, Lexaria is also conducting research on nicotine with the goal of finding a healthier nicotine solution for smokers.

Lexaria Bioscience’s company highlights include the following:

  • Intellectual property (IP) portfolio consists of over 50 patent application submissions and 10 granted patents.
  • Approximately 90 percent of the revenue generated is from royalty income.
  • Revenue generation through out-licensing patented DehydraTECH™ technology.
  • Positive results in preclinical and clinical research for DehydraTECH™ technology.
  • Extensive research being conducted on nicotine.
  • Licensing agreements in place with Neutrisci International Inc. (TSXV:NU), Cannfections Group Inc., Biolog Inc., Nuka Enterprises LLC and Hill Street Beverage Company Inc. (TSXV:BEER).
  • Research partnership with the NRC.
  • Four wholly-owned subsidiaries focused on key market sectors.
  • Kelowna R&D facility nearing completion.
  • Management holds over 20 percent of the company’s shares.

Click here to see the educational profile for Lexaria Bioscience Corp. (CSE:LXX,OCTQX:LXRP) and to request an investor presentation.

CanBud Distribution Corporation (CSE: CBDX) (FSE: CD0) (“CanBud” or the “Corporation”) is pleased to announce that it has closed the final tranche of its oversubscribed non-brokered private placement for aggregate gross proceeds of approximately $4,730,000 (the “Offering”).

The Corporation issued a combined total of 39,409,346 units (each a “Unit“) at price of $0.12 per Unit, with each Unit comprised of one common share in the capital of the Corporation (each a “Common Share“) and one common share purchase warrant (each a “Warrant“). Each Warrant entitles the holder to purchase one additional Common Share at an exercise price of $0.22 within 24 months of the closing of the Offering (the “Warrant Term“), provided, however that if the closing price of the Common Shares on the Canadian Securities Exchange (the “CSE“) (or any such other stock exchange in Canada as the Common Shares may trade at the applicable time) is $0.25 or greater per Common Share for a period of five (5) consecutive trading days at any time after the closing date of the Offering, the Corporation may accelerate the Warrant Term such that the Warrants shall expire on the date which is 30 days following the date a press release is issued by the Corporation announcing the reduced warrant terms.

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In connection with termination of the merger transaction with FCC, the Company has agreed to pay FCC $100,000 in cash and to issue FCC 5,000,000 common shares of the Company at a deemed value of $0.05 per share. The common shares will be subject to a four-month-and-one-day statutory hold period in accordance with applicable securities laws.

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Mergers and acquisitions (M&A) in cannabis space have helped boost the industry to new levels.

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Strategic sale of non-core assets by Lobe adds non-dilutive capital and shareholder value

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Adding to its existing presence on the west coast of the United States, all five KOIOS™ flavours and all four Fit Soda™ flavours will be carried in Metropolitan Market stores beginning on Monday, March 22, 2021. Serving the Seattle-Tacoma area (population 3.87 million), Metropolitan Market is one of five chains under its parent firm Good Food Holdings, which has a total of 51 stores in California, Oregon, and Washington State.

Koios Beverage Corp. (CSE: KBEV; OTC: KBEVF) (the “Company” or “Koios”) is pleased to announce that beginning on Monday, March 22, 2021, Koios’ entire line of canned beverage products will be sold at all locations of Metropolitan Market, an urban format supermarket chain in the Seattle-Tacoma area of Washington State. In Q1 2021, the Company announced multiple placements of its beverage products with regional grocers in markets on the west coast of the United States including Market of Choice in Oregon Jensen’s in Southern California and major natural grocery chain Sprouts Farmers Market which has a substantial west coast presence with over one third of its locations (360+ stores across 23 states) in California as well as Washington State 1 . The Company has also recently announced other developments relating to its expansion efforts being undertaken in 2021 such as an in-house beverage canning facility and distribution agreements with regional and national wholesale partners.

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