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LEXARIA BIOSCIENCE CORP. (OTCMKTS:LXRP) Files An 8-K Termination of a Material Definitive Agreement

LEXARIA BIOSCIENCE CORP. (OTCMKTS:LXRP) Files An 8-K Termination of a Material Definitive Agreement
Item 1.02 Termination of a Material Definitive Agreement

On March 20, 2019 Lexaria BioScience Corp. (“Lexaria”) announced that the Definitive License Agreement entered into between Lexaria’s subsidiary, Lexaria CanPharm ULC, and NeutriSci International Inc. (“NeutriSci”), as originally announced on February 26, 2018, whereby NeutriSci was granted a license to Lexaria’s DehydraTECHTM, to produce tablets incorporating less than 0.3% tetrahydrocannabinol, has been terminated effective March 15, 2019.

Item 8.01 Other Events

On March 20, 2019 Lexaria announced the commencement its largest cannabinoid research program which will also include testing of Lexaria-designed nanotech enhancements to its current technology.

Item 9.01 Financial Statements and Exhibits

99.1

Press Release dated March 20, 2019

Lexaria Bioscience Corp. Exhibit
EX-99.1 2 lxrp_ex991.htm EX-99.1 lxrp_ex991.htmEXHIBIT 99.1   Lexaria Bioscience Begins Largest Cannabinoid R&D Program in its History   Kelowna,…
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About LEXARIA BIOSCIENCE CORP. (OTCMKTS:LXRP)

Lexaria Bioscience Corp., formerly Lexaria Corp., is a food sciences company. The Company is focused on the delivery of cannabinoid compounds procured from legal, agricultural hemp, through gourmet foods based upon its infusion technologies. Its food sciences activities include the development of its nutrient infusion technologies for the production of superfoods, and the production of food products under its two consumer product brands, ViPova and Lexaria Energy. Its technology is developed to aid absorption and bioavailability of various payload molecules, including cannabinoids, such as cannabidiol (CBD) and tetrahydrocannabinol (THC). Its range of flavors to the ViPova family, are available in 8 to 32 bag portions: Decaf English Breakfast, Earl Grey, Herbal Bengal Chai, Herbal Cherry Black Tea, Herbal Masala Chai, Low-Caf Organic Evening Green Tea and ViPova Light. It produces and sells edible consumer products infused with cannabidiol and available for sale in over 50 states.

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