QualityStocksNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Strategically Positioned for Growth in Cannabis Industry
Lexaria Bioscience Corp. (CSE: LXX) (OTCQB: LXRP) recently entered into a five-year semi-exclusive licensing agreement with GP Holdings LLC to develop a high performing cannabis beverage to be sold in California, a flourishing cannabis marketplace. A recent article discussing the company’s unique technology reads: “The semi-exclusive agreement gives LXRP the ability to offer other licensee partners the option of utilizing GP’s formulation and manufacturing expertise to produce cannabis-infused beverages throughout California. With the California cannabis-beverage market anticipated to be one of the largest edible product segments, LXRP is strategically positioned for continued growth within the cannabis industry.” To view the…