Quarterly report pursuant to Section 13 or 15(d)

Intellectual Property

v3.20.1
Intellectual Property
6 Months Ended
Feb. 29, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Intellectual Property

9.           Intellectual Property

 

The following is a list of US capitalized 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

 

The Company also holds non-capitalized patents outside the US. A continuity schedule for capitalized patents is presented below:

 

 

 

February 29

 

 

August 31

 

   

2020

$

   

 

2019

$

 

Balance – beginning

 

 

265,127

 

 

 

146,538

 

Additions

 

 

5,710

 

 

 

122,982

 

Amortization*

 

 

(2,843 )

 

 

(4,393 )

Balance – ending

 

 

267,995

 

 

 

265,127

 

*The patents are amortized over their legal life of 20 years.