(OTC: LXRP), a food sciences company focused on the delivery of hemp oil compounds procured from legal, agricultural help, through gourmet foods based upon its proprietary infusion technologies, recently announced a series of new products incorporating its patent-pending technology designed to enhance bioavailability, including Black, Decaf, Green, and Earl Grey blends of hemp oil infused teas.
The new ViPova tea products include:
- Earl Grey Tea
- Herbal Cherry Black Tea
- Low-Caf Organic Evening Green Tea
- Decaf English Breakfast Tea
- Herbal Masala Chai Tea
- Herbal Bengal Chai Tea
The teas are in stock and available for shipping to consumers at a price point of $24.00 for an 8-bag pack of teas and join the company’s existing two teas. While the price point is higher than conventional teas, the hemp oil infused products provide highly valuable CBDs to consumers looking to supplement. Management believes that the expanded product line up and recent lower pricing will provide customers with more compelling options and drive sales higher.
In addition to the new products, the company announced that its ViPova coffee and hot chocolate products are expected to hit the market in September, while its energy bar is expected to be available at the end of September in two different flavors. Management also signed a 35-year worldwide license to use and re-license the underlying technology behind infusing with its 51% owned PoViva Tea LLC subsidiary.
The company’s lipophilic enhancement technology enables higher availability rates for THC and CBD than is otherwise possible. As a result, its products have lower dosing requirements and higher effectiveness in delivering active molecules. These benefits are particularly acute when compared to other forms of CBD ingestion, such as smoking, which can cause harm.
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