Replies to post #33799 on Lexaria Bioscience Corp (LEXX)

[Shawking]

There's is also the expected royalty payments. The Japanese didn't sign this agreement with the expectation of not selling products.

"In addition to the Payments, Lexaria will also receive royalty revenue from DehydraTECH licensed product sales, the terms of which have been agreed to. Total revenue is expected to be significantly greater than the minimum Payments if Premier is capable of meeting its expected revenue targets. If Premier achieves even their worst-case projected penetration into the Japanese non-pharmaceutical CBD market, then based on their projections Lexaria could expect to receive annual payments of over $5 million by the fifth year of the contract."