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Lexaria’s expertise empowers manufacturers nationwide in shops together with Albertsons, Hudson Information, and lots of extra
KELOWNA, BC / ACCESSWIRE / July 28, 2021 / Lexaria Bioscience Corp. (NASDAQ: LEXX)(NASDAQ: LEXXW) (the “Firm” or “Lexaria”), a worldwide innovator in drug supply platforms is happy to announce that its DehydraTECHTM expertise has been embraced by shopper manufacturers now obtainable on the market in over 7,000 shops throughout the US.
“Lexaria’s expertise is enabling elevated market share and gross sales progress for our frequently rising record of company shoppers,” mentioned Chris Bunka, CEO of Lexaria. “We’re delighted to assist these innovators of right this moment and leaders of tomorrow provide their shoppers superior efficiency and experiences that opponents merely can not match, and we’re extremely anticipatory of extra progress to come back.”
Lexaria requested a number of of its company shoppers to share their experiences with DehydraTECH:
Case Mandal, President of Cannadips, mentioned, “Cannadips is the unique tobacco-free and nicotine-free CBD pouch and we satisfaction our Humboldt County traditions of innovation and continuous technological evolution to assist shoppers nationwide get pleasure from superior dip experiences. We scoured the marketplace for one of the best expertise to place into our merchandise and DehydraTECH was, fingers down, essentially the most palatable and efficacious supply system for our CBD merchandise. Cannadips CBD pouches can be found nationwide in 5,500 shops, and on-line at www.cannadipscbd.com.”
Brent Mann, Founder and President of New World CBD, supplied that “New World CBD is household owned and operated and is striving to change into one of the best CBD firm in America. Our various CBD merchandise are offered now in over 1,500 Albertsons, Safeway, and Vons shops, and in additional than 300 Hudson Information areas, and we’re in discussions to have our merchandise offered in one other 96,000 comfort and grocery shops nationwide. All of our next-generation topical merchandise – 5 new SKUs anticipated in This autumn 2021 – will likely be utilizing Lexaria’s DehydraTECH expertise; we selected one of the best for our product strains. Our merchandise are additionally obtainable at www.newworldcbd.com.”
Vassili Kotlova, President of Influence Naturals mentioned that “Influence Naturals is a science- and health-focused group with a long time of biotech and pharmaceutical expertise the place our R&D seeks to unlock the complete potential of pure compounds to learn human well being and wellness. We selected to make use of DehydraTECH as the premise of our next-generation CHYLOSOMA” formulations of CBD, CBG and CBN together with American Ginseng, Ginkgo Biloba and Melatonin. We may also be introducing 3 topical pores and skin SKUs empowered with DehydraTECH throughout This autumn, 2021. All our merchandise might be bought at www.impact-naturals.com.”
Eric Gricus, CEO and Founding father of Amari, commented, “Amari went by means of an in depth choice course of for our CBD expertise provider. Lexaria exceeded our expectations for product high quality, service and pricing. DehydraTECH’s quick onset, excessive bioavailability and water solubility is the right complement to our proprietary blends of turmeric, ashwagandha and plant-based components designed to assist folks Play Longer and Get well Sooner. We’re thrilled to have the Lexaria staff working with Amari to supply merchandise our clients love whereas successful business accolades. Our merchandise might be bought at retailers throughout the nation and at www.amaribotanicals.com.”
Lexaria solely companions with essentially the most superior considering, ahead wanting manufacturers in America and is delighted to be experiencing will increase in market share and progress with these and our quite a few different B2B shoppers this 12 months that it believes will proceed to flourish into the long run. The businesses above don’t symbolize an entire record of Lexaria’s B2B shoppers and we are going to introduce extra of those business leaders at a future date.
All of Lexaria’s B2B shoppers share at the least one important attribute; that their clients are a very powerful a part of their companies and delivering “common” shopper experiences is solely not adequate. Lexaria and our B2B companions anticipate our shoppers to demand one of the best, and that is what we ship, each day.
About Lexaria Bioscience Corp.
Lexaria Bioscience Corp.’s proprietary drug supply expertise, DehydraTECH”, improves the way in which energetic pharmaceutical components (APIs) enter the bloodstream by selling more healthy oral ingestion strategies and growing the effectiveness of fat-soluble energetic molecules, thereby reducing general dosing. The Firm’s expertise might be utilized to many alternative ingestible product codecs, together with meals, drinks, oral suspensions, tablets, and capsules. Since 2016, DehydraTECH has repeatedly demonstrated the power to extend bio-absorption with cannabinoids and nicotine by as much as 5-10x, scale back time of onset from 1 – 2 hours to minutes, and masks undesirable tastes; and is deliberate to be additional evaluated for orally administered bioactive molecules, together with anti-viral medicine, nutritional vitamins, non-steroidal anti-inflammatory medicine (NSAIDs) and extra. Lexaria has licensed DehydraTECH to a number of corporations together with a world-leading tobacco producer for the event of smokeless, oral-based nicotine merchandise and to be used in industries that produce cannabinoid drinks, edibles, and oral merchandise. Lexaria operates a licensed in-house analysis laboratory and holds a sturdy mental property portfolio with 21 patents granted and over 50 patents pending worldwide. For extra data, please go to www.lexariabioscience.com.
CAUTION REGARDING FORWARD-LOOKING STATEMENTS
This press launch consists of forward-looking statements. Statements as such time period is outlined below relevant securities legal guidelines. These statements could also be recognized by phrases comparable to ‘anticipate,’ ‘if,’ ‘imagine,’ ‘plan,’ ‘estimate,’ ‘anticipate,’ ‘intend,’ ‘might,’ ‘might,’ ‘ought to,’ ‘will,’ and different related expressions. Such forward-looking statements on this press launch embrace, however are usually not restricted to, statements by the corporate relating the Firm’s skill to hold out analysis initiatives, obtain regulatory approvals or grants or expertise optimistic results or outcomes from any analysis or examine. Such forward-looking statements are estimates reflecting the Firm’s finest judgment based mostly upon present data and contain various dangers and uncertainties, and there might be no assurance that the Firm will really obtain the plans, intentions, or expectations disclosed in these forward-looking statements. As such, you shouldn’t place undue reliance on these forward-looking statements. Components which might trigger precise outcomes to vary materially from these estimated by the Firm embrace, however are usually not restricted to, authorities regulation and regulatory approvals, managing and sustaining progress, the impact of hostile publicity, litigation, competitors, scientific discovery, the patent utility and approval course of, potential hostile results arising from the testing or use of merchandise using the DehydraTECH expertise, the Firm’s skill to take care of current collaborations and understand the advantages thereof, delays or cancellations of deliberate R&D that might happen associated to pandemics or for different causes, and different components which can be recognized now and again within the Firm’s public bulletins and periodic filings with the US Securities and Change Fee on EDGAR. There is no such thing as a assurance that any of Lexaria’s postulated makes use of, advantages, or benefits for the patented and patent-pending expertise will the truth is be realized in any method or in any half. No assertion herein has been evaluated by the Meals and Drug Administration (FDA). Lexaria-associated merchandise are usually not meant to diagnose, deal with, treatment or forestall any illness. Any forward-looking statements contained on this launch communicate solely as of the date hereof, and the Firm expressly disclaims any obligation to replace any forward-looking statements contained herein, whether or not because of any new data, future occasions, modified circumstances or in any other case, besides as in any other case required by legislation.
Cellphone: 250-765-6424, ext 202
SOURCE: Lexaria Bioscience Corp.
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