Filed by newsfilecorp.com Lexaria Introduces NEW ViPova TM Prodcuts Kelowna, BC /

Lexaria Introduces NEW ViPovaTM

Kelowna, BC / August 12, 2015 / Lexaria, Corp. (OTCQB:LXRP)

(CSE:LXX) (the Company ) is pleased to announce a suite of new

ViPovaTM products available for purchase immediately. The new

products all utilize Lexaria s patent-pending technology designed to enhance

In addition to the new products listed below, Lexaria is

pleased to announce that ViPovaTM brand coffee and hot chocolate are

expected to be available in September; and that the much-anticipated Lexaria

Energy protein bar is expected to be available around the end of September, in

two initial flavors. More information on these products will be released as

Among the highest selling tea categories in the world are

Black, De-Caf, Green, and Earl Gray and Lexaria is pleased to inform its

stakeholders that with today s announcement, we now offer teas in most of the

worlds favored categories. This is an additional important step in delivering

the superfood goodness of hemp through popular foods.

The new ViPovaTM brand teas that are now available

Rich Bergamot flavored broken orange pekoe

and infused hemp oil. The distinctive citrus flavor comes from the oil extracted

from the rind of the bergamont orange, a small citrus tree grown mostly in

Italy. For those craving something more exotic, try London Fog comprised of

ViPovaTM Earl Gray tea, steamed milk and a touch of vanilla.

Herbal Cherry Black Tea

Fruity, sweet cherry and safflower

combined with black tea and hemp oil. With the traditional caffeine content of

black tea, this is a bright and flavorful pick-me-up in the morning or mid day.

Low-Caf Organic Evening Green Tea

Blended organic green

teas and rich hemp oil with a nutty flavor and reddish-gold appearance. Low in

caffeine, ViPovaTM Evening Green Tea is perfect as a calming,

soothing brew in the afternoon and evening, and only ViPovaTM brand

Evening Green Tea contains hemp oil specially formulated for enhanced

De-Caf English Breakfast Tea

A smooth, traditional broken

orange pekoe modernized with our patent-pending hemp oil infusion. You may have

tried orange pekoe before, but nowhere else will you find our patent pending

formula. Naturally de-caffeinated, you can enjoy this day and night while

experiencing hemp s superfood qualities.

Herbal Masala Chai Tea

ViPovaTM has developed

unique spiced tea formulations you simply cannot find anywhere else! A sweet

& spicy blend of rooibos, ginger, cinnamon, cardamom, vanilla, and hemp

oils. Rooibos contains polyphenols and is high in ascorbic acid. Naturally free

of caffeine, this wonderful blend can be enjoyed any time of day or evening.

Herbal Bengal Chai Tea

Our most complex blend of rooibos,

pepper, cloves, ginger, cinnamon, cardamom, vanilla and hemp oils. Rooibos is

caffeine-free, does contain polyphenols and is naturally high in ascorbic acid.

The cinnamon and vanilla make it sweet, but you ll appreciate its spicy side

All the teas listed above are in stock now and available for

immediate shipping directly to consumers at just $24 for 8-bag packs, with

incentives for larger quantities. Wholesalers are always welcome to make contact

to discuss commercial terms. Order at www.vipova.com

The new tea flavors join the existing two tea lines -

ViPovaTM Starter and ViPovaTM Original Yunnan Black to

now offer consumers a total of 8 different ViPovaTM tea experiences.

ViPova Starter 4-bag tea packs are an entry-level product with our lowest price

to the consumer at just $10.

Lexaria believes the greatly expanded line of tea flavors and

recent lower pricing will together combine to offer consumers their most

compelling options in the marketplace today, for flavorful foods delivering the

goodness of hemp oil compounds. Together with the ever expanding number of

online and traditional locations to buy the products, Lexaria believes it is on

the cusp of a meaningful increase in sales revenues.

Lexaria also points out the balanced offering of caffeinated

and de-caffeinated products. Containing caffeine are the VipovaTM

Starter; ViPovaTM Original Yunnan; Earl Gray; Herbal Cherry; and

Low-caf Evening Green. Free of caffeine are the English Breakfast; Masala Chai;

Seperately, Lexaria also announces that it has signed a license

agreement with 51%-owned subsidiary PoViva Tea LLC, formalizing and granting

Lexaria a 35-year worldwide license to use and re-license the patent-pending

technology covered under four different US Provisional Patent Applications, one

US Utility Patent Application, and one PCT Patent Application.

Lexaria s technology is designed to allow for higher

bioavailability rates for THC and for CBD than is possible without lipophilic

enhancement technology. This can allow for lower overall dosing requirements

and/or higher effectiveness in active molecule delivery. Lexaria s innovative

lipid formulation process is designed to allow the delivery of molecules such as

are contained within hemp oil without the harmful side effects of ingestion via

smoking, and should be embraced for the benefits to public health.

Lexaria is 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.

legal hemp oil extracts, grown from agricultural hemp in locations where it is

legal to do so, in ViPovaTM-branded tea. ViPovaTM uses its

patent-pending process to infuse concentrated amounts of hemp oil within lipids

in its tea, providing more bioactivity and comfort to the body during the

absorption process. Only ViPovaTM has this ground-breaking technology

for hemp oil/lipid infusion. www.vipova.com

FOR FURTHER INFORMATION PLEASE CONTACT:

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