Pot patent for Kelowna company
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A Kelowna company has just been granted an important patent by the Australian Patent Office.
The patent protects Lexaria Bioscience Corporation’s proprietary technology for an improved way to deliver cannabinoid active agents through foods.
Cannabinoid active agents are chemicals that act on cannabinoid receptors in humans, causing the effects typically associated with a marijuana “high.”
Since 2014, Lexaria, a “biosciences company,” has focused on developing products and methods of delivering hemp oil through foods.
Today, the company is actively developing and selling hemp-oil-based gourmet food products through its subsidiary, ViPova, and under the Lexaria Energy brand.
The Australian patent guards Lexaria’s intellectual property for the edible delivery of all non-psychoactive cannabinoids. It covers a wide variety of foods and beverages, including but not limited to: tea, coffee, cocoa powder, fresh foods and meats, dairy products, pastas, breads, seeds, nuts, spices, herbs, candies and flavourings.
“We are very pleased to have received this patent, which effectively covers all cannabis oil extract formulated edibles utilizing our technology in Australia,” said Lexaria CEO Chris Bunka.
“This patent award allows us to confidently enter the recently legalized Australian cannabis marketplace where we will seek additional licensing and product distribution partnering opportunities.”
Lexaria currently has multiple patents pending on its technologies in more than 40 countries around the world.
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