Lexaria lands new partner
Okanagan Edge Staff - Apr 24, 2019 - Biz Releases

Photo: Contributed

A Kelowna company has locked into a beverage licence agreement with a California cannabis company.

Lexaria Bioscience Corp., which is a drug delivery platform innovator, will provide its patented DehydraTECH technology to the private company whose identity has not been disclosed.

The cannabis company is producing cannabis-based beverages to be sold in California and Nevada. The DehydraTECH-enabled beverages are protected under Lexaria’s many existing US-granted patents and may include any combination of ready-to-drink beverages such as non-alcoholic beers, wines and spirits; cold or hot coffee or teas, sports drinks and much more.

The financial details of the agreement were not disclosed.

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