Cannabis Deals Cross the Billion-Dollar Mark in Canada - Lexaria Bioscience Corp. (OTCQX: LXRP) (CSE: LXX)

With the expected legalization of recreational cannabis use in Canada just months away, the Canadian cannabis industry is experiencing a frenzied flow of capital that is only likely to accelerate. While this capital rush won’t affect every company in the space, the overriding sentiment supports global aspirations and trickle-down opportunity for innovators like Lexaria Bioscience Corp. (OTCQX: LXRP) (CSE: LXX). This unprecedented cash flow is already fueling the construction of the largest grow facilities the world has ever seen, as well as increasingly hectic merger and acquisition strategies undertaken by companies like MedReleaf (OTC: MEDFF) (TSX: LEAF), Aurora Cannabis, Inc. (OTC: ACBFF) (TSE: ACB), Cronos Group, Inc. (OTC: PRMCF) (CVE: MJN) and Organigram Holdings, Inc. (OTC: OGRMF) (TSXV: OGI).