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Lexaria Bio Science signs 5-year deal to provide technology to Universal Hemp

1 minute reading time (285 words)

viewLexaria Bioscience Corp.

() Chairman and CEO Chris Bunka joined Steve Darling from Proactive Investors Vancouver on Skype to bring news the company has agreed to a 5-year deal that will allow Universal Hemp to use their DehydraTECH technology.

This deal will work under a royalty agreement but terms of that part of the deal are not being disclosed, but the deal is worth a min 3.75 million US.

 

CSE:LXX

Market: CSE
Market Cap: $52.47 m
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