CannabisNewsBreaks – Lexaria Bioscience Corp. (NASDAQ: LEXX) Partners to Propel New, Exciting Growth Opportunities

Jul 18, 2022

Lexaria Bioscience Corp. (NASDAQ: LEXX), a global innovator in drug delivery platforms, recently entered into agreements with beverage developer BevNology. “The BevNology collaboration not only includes a commercial license agreement for products with active ingredients derived from hemp under BevNology’s brand but also a manufacturing operating agreement utilizing BevNology’s new, custom-built state-of-the-art processing facility outside Atlanta…. The manufacturing agreement will help Lexaria broaden its production capabilities for its own growing list of B2B clientele interested in purchasing DehydraTECH-powered active ingredients for consumer-packaged-goods brands. Lexaria has already installed all required commercial DehydraTECH manufacturing equipment at the facility,” a recent article reads. “These agreements build on a long-standing and very successful product development consulting relationship between Lexaria and the expert scientists and personnel at BevNology,” Lexaria CEO Chris Bunka stated. “BevNology’s formulation and production capabilities are class leading and we are confident that our new relationship with our trusted partner will propel new and exciting growth opportunities for both companies.”

To view the full article, visit https://cnw.fm/WfeeJ

About Lexaria Bioscience Corp.

Lexaria’s patented drug delivery technology, DehydraTECH(TM), improves the way active pharmaceutical ingredients (“APIs”) enter the bloodstream by promoting more effective oral delivery. Since 2016, DehydraTECH has repeatedly demonstrated the ability to increase bio-absorption with cannabinoids, antiviral drugs, PDE5 inhibitors and more. DehydraTECH has also evidenced an ability to deliver some drugs more effectively across the blood brain barrier. Lexaria operates a licensed in-house research laboratory and holds a robust intellectual property portfolio with 25 patents granted and over 50 patents pending worldwide. For more information, visit the company’s website at www.LexariaBioscience.com.

NOTE TO INVESTORS: The latest news and updates relating to LEXX are available in the company’s newsroom at https://cnw.fm/LEXX

About CannabisNewsWire

CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

To receive SMS text alerts from CannabisNewsWire, text “Cannabis” to 844-397-5787 (U.S. Mobile Phones Only)

For more information please visit https://www.CannabisNewsWire.com

Please see full terms of use and disclaimers on the CannabisNewsWire website applicable to all content provided by CNW, wherever published or re-published: http://CNW.fm/Disclaimer

Do you have questions or are you interested in working with CNW? Ask our Editor

CannabisNewsWire (CNW)
Denver, Colorado
www.CannabisNewsWire.com
303.498.7722 Office
[email protected]

CannabisNewsWire is part of the InvestorBrandNetwork.

More News

Sep 20, 2026

Eala chosen tennis poster athlete during Asiad opening ceremony sports presentations

Sep 20, 2026

Philippines gets first 2026 Asian Games medal as Women's Soft Tennis Team takes bronze

Sep 20, 2026

Czechs beat USA to qualify for Davis Cup finals

PARIS, France — Jiri Lehecka downed Learner Tien in a deciding rubber Saturday as the Czech Republic stunned the United States 3-2 in Davis Cup qualifying for a second straight year, while South Korea reached the last eight for the first time. The Czechs knocked out the Americans at the same second qualifying round stage in a decider at Delray Beach a year ago, when Jakub Mensik beat Frances Tiafoe to secure a surprise victory. Tomas Berdych's men repeated the feat in similarly dramatic fashion, to the delight of a raucous home crowd in Prague, as Lehecka clinched a 6-3, 7-5 win over world number 13 Tien. The USA are record 32-time winners of the competition but their wait for a first title since 2007 goes on. The Czechs advance to the November eight-team finals in Bologna, where hosts Italy will bid for a fourth straight title. "The wins in Davis Cup are always a little bit different because this is a team competition," said Lehecka. After starting the day locked at 1-1, the USA nudged ahead as Christian Harrison and Austin Krajicek saved four match points to outlast Adam Pavlasek and Patrik Rikl in a thrilling 5-7, 6-3, 7-6 (10/8) win. Mensik then fought back from a set down to keep the tie alive by defeating recent US Open runner-up Ben Shelton 5-7, 6-4, 6-3. Shelton took a tense first set after saving a set point when trailing 5-4, reeling off the last three games. Mensik created a set point at exactly the same stage of the second, but this time made no mistake with a booming forehand to level the match. The 21-year-old, a semi-finalist at this year's French Open, forced the tie into a deciding rubber on his second match point in a tense final game. Lehecka, who beat Shelton in straight sets on Friday, recovered after giving an early break back to take the first set. Tien forged 3-0 ahead as he attempted to force the tie to a final set, but fell away and Lehecka clinched the win on his fourth match point. "I must say it has been a great week. But, most importantly, we made it through as a team," Lehecka said. "Without Jakub winning against Ben, I would not have the chance to play the final match." History-making South Korea Earlier, South Korea made history by beating India 3-1 in Seoul. Kwon Soon-woo brushed aside Sumit Nagal 6-1, 6-2 to clinch the decisive point for the Koreans, who won both Friday's singles rubbers before India triumphed in the doubles. "I feel very proud for my country and every team I play against, I give my best," said Kwon. Canada beat France 3-1 at Quebec City to reach the last eight. Benjamin Bonzi and Pierre-Hugues Herbert beat Felix Auger-Aliassime and Duncan Chan 7-6 (7/4), 6-3 in doubles to keep France in the fight after two singles losses on Friday. World number five Auger-Aliassime would not be denied, however, as he rallied to defeat France's Arthur Rinderknech 4-6, 7-6 (7/5), 6-4 to ensure Canada advanced. The Canadians last won the Davis Cup in 2022 while France has not hoisted the trophy since 2017. Austria booked their spot as Jurij Rodionov sealed a 3-1 win for the hosts in Vienna with a 7-6 (8/6), 6-3 victory over Zizou Bergs, Belgium's number one in the absence of Alexander Blockx. Newly-crowned US Open champion Alexander Zverev gave Germany a 1-0 lead over Croatia in Halle, making a quick return to action as he beat Matej Dodig 6-4, 7-6 (7/3). But Germany, who have not won the Davis Cup since 1993, were pegged back to end the first day level as Croatian youngster Dino Prizmic brushed aside Daniel Altmaier 6-4, 6-3. Spain continued their tilt at a seventh title by seizing a 2-0 lead over Chile in Santiago courtesy of singles wins for Daniel Merida and Davis Cup debutant Rafael Jodar over Alejandro Tabilo and Cristian Garin, respectively. Britain's Toby Samuel overcame Andres Andrade of Ecuador and Wimbledon semi-finalist Arthur Fery saw off Alvaro Guillen Meza as the hosts took a 2-0 advantage in London.