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Hill Street Beverage Company Inc.: Hill Street Announces Closing of Asset Acquisition of Lexaria Canpharm
Hill Street Beverage Company Inc.
(TSXV: BEER)
( Hill Street or the Company ) today announces that further to its press release dated November 18, 2020, it has closed the acquisition of the primary assets of
Lexaria Canpharm ULC, the cannabis-related division of
Lexaria Bioscience Corp. ( Lexaria ). This
acquisition provides
Lexaria s ground-breaking
DehydraTECH
TM patent portfolio on a global basis to make any type of non-pharmaceutical product containing 0.3% or greater THC and other psychoactive cannabinoids. In addition, the agreement expands
Hill Street s license with
Lexaria Hemp Corp. to make products containing CBD on a global basis for ten years. ....

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