Medical Marijuana Stocks

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About the Company LXRP

Lexaria has made a radical shift of business, preparing to deploy its skills and resources in the most productive way possible, for the benefit of all stakeholders. It's not a decision they took lightly: all government regulated medications and substances are of great importance and deserve prudent risk managing best business practices. With nearly a decade of business operations and regulatory compliance in both the USA and Canada, serving a number of different securities, banking, and auditing regimes, Lexaria will add transparency and procedural control to every aspect of the marijuana industry that they are involved in.

Their first step into the market is a Joint Venture signed March 5, 2014 with Enertopia Corp (ENRT-US and TOP-Canada). Enertopia is one of Canada's leading medical marijuana companies with two recent acquisitions recently announced. Enertopia has the capability of putting more than 60,000 sq ft of production space into use in the cultivation of medical marijuana, through its partly owned subsidiaries.

Their Joint Venture gives Enertopia the ability to share projects and opportunities with Lexaria Corp, a Right-Of-First-Refusal that catapults Lexaria above the ranks of many also-ran competitors. And the Joint Venture allows for the two companies to work together, if they both choose, on bigger projects that might be out of the reach of either company. Together, they are much stronger than the sum of their parts!

From the first day they entered this business, Lexaria said they would develop a business plan wherein they would try to acquire more than one license to produce marijuana in Canada under the MMPR legislation. So, on May 27 2014 they announced their intention to build a second marijuana production plant, this time located in Eastern Ontario through a joint venture with Huntington Property Group Inc. The first phase of this project is to be over 20,000 sq. ft. in size, and Lexaria owns 100% rights. This is project that, fully developed, has the potential to grow to over 80,000 sq. ft.

They are also evaluating potential legal grow locations in those jurisdictions in the USA where they are permitted, because it is their intention to be a North American producer of legal marijuana.

Most states require some amount of vertical integration with regards to the marijuana industry. They embrace this as it is their intention, over time, to become a vertically integrated international marijuana company; always of course with the caveat of acting within the regulatory environment of the time and places in which they operate. One day they hope to have a research and science facility to optimize strains; to grow their own inventory; to build their own brand recognition; and to be part of all the steps right to the consumer's door.

They will partner with local experts to avail themselves of their experience and knowledge, and add their umbrella of compliance, finance knowledge, and best business practices to maximize long term returns.