KELOWNA, BC—November 20, 2014 - Lexaria Corp. (OTCQB: LXRP) (CSE: LXX)
(the "Company" or "Lexaria") is pleased to announce that it and joint
venture partner Enertopia Corp (ENRT) have launched a formal Medical
Advisory Board to educate and
advocate on behalf of all those who have medical needs that may be able
to be met through the understanding and use of medical marijuana or
through the use of cannabidiol (CBD) extracted from Agricultural Hemp.
The Medical Advisor Board members specialize in various medical
categories, and will work with health care professionals, patients, and
prescribers of medical marijuana to promote greater understanding of
medical marijuana and of CBD-enhanced
products. There are believed by many to be a wide variety of medical
conditions that might be positively affected either by medical marijuana
or by CBD’s, but in many cases the accuracy of claims may not be well
understood at this time. In particular, the use of high-cannabidiol strains that have little or
no psychoactive effects on the patient, are of interest for to alleviate
many medical symptoms, according to existing studies and literature.
Lexaria has already voluntarily
established its own Canadian corporate policy of being unwilling to sell
medical marijuana with more than 0.3% THC content to anyone under the
age of 25, in line with much of the Canadian medical community.
Recreational use of Marijuana is illegal in Canada, and illegal at the
federal level in the United States because of the THC content; this
status has prevented or greatly reduced the opportunity for
peer-reviewed scientific study. Still, there is
growing evidence that there could be real medical benefits associated
with either medical marijuana and/or the CBD’s within it. Despite the
hurdles to conducting past research, there are 1,277 references today to
Cannabidiol at research papers
located at the US National Library of Medicine, National Institutes of
Health website (www.pubmed.gov).
Many organizations are calling for additional research regarding medical
marijuana. For instance the Arthritis Society in September announced it
wants more research to study the impact of medical marijuana on pain,
and that it is preparing to fund
clinical studies. Jason McDougall, chair of the Arthritis Society’s
scientific advisory committee and a pain researcher at Dalhousie
University was quoted at that time saying, “I think it’s high time that
we found something to help
the 4.6 -million Canadians living with arthritis and trying to do
something to help”. Lexaria hopes to announce its first meetings and/or conferences as soon as possible.
About Lexaria
Lexaria's shares are quoted in the USA with symbol LXRP and in Canada
with symbol LXX. The company searches for opportunities that could
provide potential above-market returns.
To learn more about Lexaria Corp. visit www.lexariaenergy.com.
FOR FURTHER INFORMATION PLEASE CONTACT:
Lexaria Corp.
Chris Bunka
Chairman & CEO
(250) 765-6424
Lexaria Corp.
Chris Bunka
Chairman & CEO
(250) 765-6424
FORWARD-LOOKING STATEMENTS
This release includes forward-looking statements. Statements which are
not historical facts are forward-looking statements. The Company makes
forward-looking public statements concerning its expected future
financial position, results of operations,
cash flows, financing plans, business strategy, products and services,
competitive positions, growth opportunities, plans and objectives of
management for future operations, including statements that include
words such as "anticipate," "if,"
"believe," "plan," "estimate," "expect," "intend," "may," "could,"
"should," "will," and other similar expressions are forward-looking
statements. Such forward-looking statements are estimates reflecting the
Company's best judgment based upon
current information and involve a number of risks and uncertainties, and
there can be no assurance that other factors will not affect the
accuracy of such forward-looking statements. Access to capital, or lack
thereof, is a major risk and there is
no assurance that the Company will be able to raise required working
capital. Current oil and gas production rates may not be sustainable and
targeted production rates may not occur. Factors which could cause
actual results to differ materially from
those estimated by the Company include, but are not limited to,
government regulation, managing and maintaining growth, the effect of
adverse publicity, litigation, competition and other factors which may
be identified from time to time in the
Company's public announcements and filings. There is no assurance that
the medical marijuana or alternative health businesses will provide any
benefit to Lexaria. There is no assurance that any cannabidiol-based
product will be accepted into the
marketplace or have any positive impact upon Lexaria Corp. There is no
assurance that and cannabidiol-based product will promote, assist, or
maintain any beneficial human health conditions whatsoever.
The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
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