NetworkNewsWire Announces Publication Highlighting Companies Securing Industry Footholds amid FDA's Nicotine Proposal

New York, New York--(Newsfile Corp. - August 18, 2017) - NetworkNewsWire ("NNW"), a multifaceted financial news and publishing company, today announces the publication of an editorial featuring Lexaria Bioscience Corp. (CSE: LXX) (OTCQB: LXRP), a client of NNW that develops and out-licenses its proprietary technology for improved taste, rapidity, and delivery of bioactive compounds, including cannabinoids.

The publication is titled, "FDA Proposal Puts Spotlight on Big Tobacco and Industry Innovators." It discusses the FDA's proposal to reduce nicotine levels in cigarettes, and its effect on players in the cannabis and tobacco sector.

To view the full publication, visit: https://www.networknewswire.com/fda-proposal-puts-spotlight-big-tobacco-industry-innovators/

"Staring at a fertile market that's concentrated on driving innovation, Lexaria Bioscience Corp. (LXRP), with its patented lipid-delivery technology, could prove to be a long-term player offering vast positive community health benefits and considerable upside, particularly for early investors.

"Lexaria Bioscience's intellectual property portfolio features a collection of advancements focused on improving the delivery and absorption of targeted molecules — such as nicotine — to the human body. Notably, the company maintains a patented method by which it is able to infuse a cocktail of molecules that are otherwise difficult for the body to absorb within other ingredients at a molecular level. As Lexaria's website outlines, the company's platform allows for the infusion of beneficial hemp oil ingredients into easily-absorbed lipids, greatly increasing the efficiency of absorption. Currently implemented in the production of two distinct consumer product brands including ViPova™ and Lexaria Energy, this technology has proven to be a potential game changer in the cannabinoid-based pharmaceuticals market, an industry that's on course to grow to $50 billion by 2029, per data aggregated by Statista."

About Lexaria

Lexaria Bioscience Corp. has developed and out-licenses its disruptive technology that promotes healthier ingestion methods, lower overall dosing and higher effectiveness of lipophilic active molecules. Lexaria has multiple patents pending in over 40 countries around the world and was granted its first patents in the USA and in Australia related to edible forms of cannabinoids. Lexaria's technology provides increases in intestinal absorption rates; more rapid delivery to the bloodstream; and important taste-masking benefits, for orally administered bioactive molecules including cannabinoids, vitamins, non-steroidal anti-inflammatory drugs (NSAIDs), nicotine and other molecules. For more information, visit www.lexariabioscience.com.

About NetworkNewsWire

NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today's market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

For more information please visit https://www.NetworkNewsWire.com

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NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com

Forward-Looking Statements

This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company's SEC filings. These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements.

NNW Contact:

NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com