Lexaria Bioscience Corp (LEXX)

[Abundance88]

The deal with Japan's Premier Wellness is expected to pay Lexaria at least $5M per year by the fifth year of the contract. A bit more than a shell type!
"Premier's Parent had revenues of approximately US$187,000,000 in the first three quarters of fiscal 2021 with year-over-year revenue growth of 63.1% and strong profit margins. Parent sells over 45 product SKU's across four brands, and these products are sold in more than 16,000 retail stores as well as directly through mail/web order to over 2.6 million proprietary members. The overall Japanese cosmetics and personal products markets are estimated to be more than US$35 billion in annual sales". https://ir.lexariabioscience.com/news-events/press-releases/detail/178/lexaria-grants-exclusive-license-to-premier-wellness

But agreed that "big boy" contracts are welcome!