Lexaria Bioscience Corp. Signs Second Tech Out-Licensing Agreement.

Saturday, Jan 3, 2026 5:47 pm ET1min read
LEXX--

Lexaria Bioscience Corp. has entered a letter of intent to license its proprietary technology to CBDM LLC for the development and sale of marijuana oil infused products in Indian reservations and certain U.S. territories. Usage fees of $200,000 per product line are contemplated over a five-year operating term per state. The Licensee can earn non-exclusive rights to sell up to five product lines.

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