Replies to post #29897 on Lexaria Bioscience Corp (LEXX)

[Abundance88]

Alexulf, Lexaria has to date not done well with sales of their products. Revenues have been low across the board. Comparing them to competitors sales (if you can even find any numbers) would be an exercise in futility. The best money makers so far seem to be 1906 Chocolates and Cannadips seems to be taking off very well. Here's some basic info to start you off.

Currently, Lexaria has the following three products that are sold at various locations.
Vipova Tea - CBD tea -sales unknown
Turbo CBD - CBD capsules -sales unknown
ChrgD+ - CBD powder -sales unknown

Lexaria also has licenses with the following companies:

1906 Chocolates - 10 yr US license for beverages, candies, chocolates - CBD & THC (so far THC sales in CO and Okla only)
https://1906newhighs.com/

Cannadips - 10 yr US license currently for CBD pouches - European License provision in contract - minimum performance exclusivity in US. (Sales in 5000 stores to be 20,000 stores by next year)
https://cannadipscbd.com/

Hill Street Beverages - 10 yr world license (except Mexico) THC/CBD beverages and multiple products - waiting for licenses.
https://hillstreetbeverages.com/

Nic's Beverages - 5yr US license - CBD Coffee - sales unknown
https://www.nicsbeverages.com/wholesale

Universal Hemp - 5 yr US License (non-exclusive) Dry food ingredients (CBD) sales unknown
https://www.universalhemp.co/

Altria Ventures Inc.- Indefinite term license - World with US exclusivity - no products yet
https://www.lexariabioscience.com/news/lexaria-bioscience-announces-partnership-with-altria-to-fund-research-and-development-of-dehydratech-technology-for-oral-nicotine/

Lexaria is currently more of a speculative play. Their technology is very adaptable to many different things from cannabis edibles to NSAIDS to Oral Nicotine etc. If they can nail down some production deals with large tobacco or big pharma companies then the share price will likely soar. GLTY.