Annual report pursuant to Section 13 and 15(d)

Intellectual Property

v3.21.2
Intellectual Property
12 Months Ended
Aug. 31, 2021
Intellectual Property  
8. Intellectual Property

8. Intellectual Property

 

The following is a list of capitalized US patents held by the Company.

 

Issued Patent #

Patent Issuance Date

Patent Family

US 9,474,725 B1

10/25/2016

Food and Beverage Compositions Infused With Lipophilic Active Agents and Methods of Use Thereof

US 9,839,612 B2

12/12/2017

US 9,972,680 B2

05/15/2018

US 9,974,739 B2

05/22/2018

US 10,084,044 B2

09/25/2018

US 10,103,225 B2

10/16/2018

US 10,381,440

08/13/2019

US 10,374,036

08/06/2019

US 10,756,180

08/25/2020

 

 

Schedule of continuity for capitalized patents:

 

 

 

August 31

 

 

August 31

 

 

 

2021

 

 

2020

 

 

 

 $

 

 

$

 

Balance – Beginning

 

 

292,000

 

 

 

265,127

 

Addition

 

 

79,493

 

 

 

33,645

 

Amortization

 

 

(6,870 )

 

 

(6,772 )

Balance – Ending

 

 

364,623

 

 

 

292,000

 

Patents are amortized over their legal life of 20 years.