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Since the extra damage occurs with each hit by a weapon, skills combining hits, such as Cyclone Axe or Triple Shot, can deliver the bonus several times simultaneously.
The extra damage will not trigger if you are enchanted with Illusionary Weaponry even if the physical weapon you are wielding is a lightning weapon.
You can use a Shockingupgrade prefix for your non-spellcasting weapon to enchant it with the element that Conjure Lightning uses.