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Lexaria’s Hemp Oil Tea Available on Ebay at New Lower Prices

Ryan Allway

July 14th, 2015

News, Top Story

[stockchart symbol=LXRP]

Lexaria Corp. [stockquote symbol=LXRP], a food sciences company focused on the delivery of hemp oil compounds procured from legal, agricultural hemp, through gourmet foods based upon its proprietary infusion technologies, recently announced that it has lowered prices across all of its product lines in order to target the larger lower end market. The move was made possible through greater manufacturing efficiencies and technological advancements.

ViPova™ Starter is competitively priced with other premium teas at US$10 for four tea bags, while its full strength ViPova™ hemp oil black tea is now US$24 for a pack of eight tea bags. The 1.5 oz tins of loose leaf tea will be discontinued due to consumer preferences for tea bags, with the remaining tins being slashed to a clearance price of US$60. All of these products are available on the company’s website, www.vipova.com.

In addition to its online distribution, the company’s products have begun distribution to select medical marijuana dispensaries in Southern California. Management’s direct sales efforts are about to commence in San Francisco and San Diego dispensaries, while additional U.S. locations are expected to carry its products later this year. These new distribution hubs could present an entirely new venue for increased sales and exposure of the products.

ViPova™ tea is still not available on Amazon.com due to what it called “inconsistent policies” regarding the sale of legal hemp products. Instead, consumers can purchase ViPova™ on EBay where these policies are “more progressive” in the eyes of the company. Management plans to continue working with other progressive online retailers to expand its distribution throughout the United States and in legal jurisdictions around the world.

Moving forward, the company hinted that future products are on the way, while it has been busy formulating new product recipes that leverage its proprietary delivery technology. These announcements are expected in August and September.

This article was published by CFN Enterprises Inc. (OTCQB: CNFN), owner and operator of CFN Media, the industry’s leading agency and digital financial media network dedicated to the burgeoning CBD and legal cannabis industries. Call +1 (833) 420-CNFN for more information.

About Ryan Allway

Mr. Allway has over a decade of experience in the financial markets as both a private investor and financial journalist. He has been actively involved in the cannabis industry since its inception, covering public and private companies.

Disclaimer: Except for the historical information presented herein, matters discussed in this article contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Emerging Growth LLC dba TDM Financial, which owns CannabisFN, is not registered with any financial or securities regulatory authority, and does not provide nor claims to provide investment advice or recommendations to readers of this release. Emerging Growth LLC dba TDM Financial, which owns CannabisFN, may from time to time have a position in the securities mentioned herein and will increase or decrease such positions without notice. For making specific investment decisions, readers should seek their own advice and that of their own professional advisers. Emerging Growth LLC dba TDM Financial, which owns CannabisFN, may be compensated for its Services in the form of cash-based and/or equity- based compensation in the companies it writes about, or a combination of the two. For full disclosure please visit: https://www.cannabisfn.com/legal-disclaimer/.

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About CFN Media Group

CFN Enterprises Inc. (OTCQB: CNFN) owns and operates CFN Media Group, the premier agency and financial media network reaching executives, entrepreneurs and consumers worldwide. Through its proprietary content creation, video library, and distribution via www.CannabisFN.com, CFN has built an extensive database of cannabis interest, assisting many of the world’s largest cannabis firms and CBD brands to build awareness and thrive. For more information, please visit www.cfnenterprisesinc.com.

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