WealthyPlumber replied the topic: Lexaria Corp CSE:LXX OTC:LXRP
Thanks Lynnsa, I think LXX has a lot of advantage over others that want to produce edibles and having 19 patent applications adds value. The article worded this part very well
""the company’s DehydraTECH™ proprietary technology has been proven in both the laboratory and market to enhance the performance of beneficial compounds in ingestible products in what regards smell, taste, action duration and bio-availability and absorption. This allows for lower overall dosing and higher efficacy, a plus for cannabis suppliers and consumers alike.
The technology works with all ingested forms of cannabinoids, making Lexaria an enabler rather than a competitor, and allowing the company to develop partnerships with various biotech companies for cannabinoid research and development.""
lynnsa10 replied the topic: Lexaria Corp CSE:LXX OTC:LXRP
Whole Pot market is on fire or should I say smoking hot!! I am in no hurry to sell, I think LXX is still very cheap. This here article is probably helping today.
The rapid evolution of technology and its increasing application also serve as catalysts for M&A, as larger companies pursue opportunities that are positioned for current or near-term commercial availability. Such expertise and assets developed by smaller brands could potentially turn them into attractive targets for M&A activity. Lexaria Bioscience Corp. (OTCQB: LXRP) (LXRP Profile) is one such potential target due to its proprietary technology for improved taste, rapidity and delivery of bioactive compounds, including cannabinoids.
alexgreat replied the topic: Lexaria Corp CSE:LXX OTC:LXRP
LXX at another new high
According to a 2016 report by Deloitte, the legal Canadian marijuana market could soon be worth $18 billion annually. As for volume, Deloitte forecast annual demand for the plant at about 1.32 million pounds per year.