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i'd like to see other investors jumping in at these levels. ASK is at .13 and no interest.
you gotta love it. The ceo is buying at .15 and yet its offered below that and people keep selling below that price.
also remember with his insider buying he is restricted from selling for 6 months. He is thinking big picture and when he sells his shares buying at .10 .11 or .15 isn't really going to matter.
masterbidder did you see that dope magazine article i posted yesterday?
DOPE MAGAZINE ARTICLE OUT TODAY
In today’s world of hemp food technology, one company leads the pack in offering more for your money while doing the body good. Welcome to the world of Lexaria Bioscience.
Having just invented a new technology that offers users edibles that really pack a punch, Lexaria Bioscience is saving consumers money and offering a product that will give competitors a run for their money. “Consumers can eat one-half or one-third the amount of their cannabis medicine through our enhanced food products and get the same result as if they ate more of many other popular brands,” Lexaria CEO Chris Bunka told DOPE. “It saves money and lowers the dosage entering the body, which is really a good thing.”
This technology occurs by wrapping the cannabidiol (CBD) or THC molecules in lipids (fatty acids) for enhanced gastrointestinal absorption at up to a five-fold improvement. The patent pending has been tested for time of onset, and has been reported effective in as little as 15 minutes. The product absorbs faster and much more efficiently because the CBD or THC is encapsulated by fat, which is preferentially absorbed by the human GI tract. Who knew? It means less product ingested and less money spent.
This clinically tested technology is available in a line of products including ViPova brand coffee, tea, hot chocolate and Lexaria Energy brand protein energy bars so that consumers can enjoy healthy cannabinoid-enhanced foods any time of day.
Bunka, who resides in British Columbia, Canada, explained the benefits of hemp. Many already know of its naturally occurring cannabinoid compounds, extracted as oil for health benefits. The most abundant cannabinoid, CBD, is anti-inflammatory, anti-psychotic and anti-convulsive in addition to pain and anxiety relieving.
“The consensus of thousands of studies on the effects of cannabinoids that are derived from hemp plants, is that CBD—the most prolific ingredient in the hemp extract world—is the primary molecule responsible for the miraculous stories of healing we’ve all encountered in the media,” Bunka added. “Even the U.S. Department of Health, in their patent on cannabinoids, claims that the cannabinoids are a potent anti-inflammatory.”
Lexaria uses the finest agriculturally-derived full spectrum hemp oil from EU certified cultivators which is extracted using solvent-free methods. “Full spectrum” allows for the presence of amino acids, fatty acids, carotene and vitamins. Other hemp compounds are present, leading them to all work together synergistically, an important benefit for consumers.
The bars are suggested to work best before or after a workout to enhance focus and performance while aiding in the body’s post recovery. The protein energy bar consists of 13g of fiber and 21g of protein, with no added sugar, preservatives or color. It’s a healthy snacking option and has 10mg of cannabidiol.
The teas taste great as well. They are offered in six flavors and decaf varieties so the tea can be enjoyed day or night. Although the technology wasn’t designed to enhance flavor, it does “trick” the body’s senses into detecting the fatty acids instead of the cannabinoids within. So these just might be the best tasting edible products on the market.
“The products have been tested by third parties with either marijuana extracts or hemp extracts,” Bunka said. “They taste exactly the same with either. That is very cool.”
Bunka described his testers’ reactions, “When I meet up with those who enjoy hemp or marijuana-based edibles and give them the protein bar, they take one bite, look at me and say, ‘There’s nothing in here!’ I reply, ‘Yes, there is!’ They cannot believe it because they cannot taste it. And that’s the whole point of our tech—to get your body to absorb the cannabinoids without detecting them.”
Decade-old Lexaria has some recent reasons to celebrate. Their technological advantages in the marketplace were evidenced recently in a financial transaction granted to Lexaria by a licensee in Colorado who has agreed to pay up to $1 million in tech licensing fees. The company produces THC chocolates and by using Lexaria technology, they will deliver a superior experience to their customers.
Bunka explained of the move, “It took us longer than expected to create brand-new industry-leading paperwork and agreements, but it was worth it: third-party validation that our tech is important enough to pay for. We think this is just the first of many to be announced this year and these will form the foundation for our performance for years to come.”
Lexaria is currently in talks with national retail stores about gaining shelf space for their products. Lexaria products are available in about 30 dispensaries in California and online at LexariaEnergy.com.
8k was out this morning detailing the 2nd licensing agreement. Very sad that the volume isn't significantly higher
I doubt the canadian exchange would allow it now that the stock is well above the PP price. 10 cents would be more realistic. I doubt he raises any more money now though. I think we see a major run in the stock and he gets a chance to raise $ closer to 50 cents.
private placement is closed
This IR company is fairly new BTW
i just don't see how people can do that with any meaningful sized unless your talking about a 5-10K shares.
I think thats the case for a lot of us here. We need a few more new loyal shareholders to find out about this company and build a 500K+ share position.
yes but this has been the case for like a year and nobody seems in a rush to take advantage of that with buying significant shares. This should be trading over .40 after 2 licensing deals and a patent
yes but this has been a problem in the past and management and IR haven't fixed it. Everyone should call them and complain. You announce great news but nobody sees it.
surprising the volume isn't higher.
Thanks for the info. I'm still holding LXRP Im going to watch this srna and try and build a nice sized position for the longer term. Did a lot of research last night on them
I'm looking into this company more and saw your name and IOTWEED both from LXRP. Hows everything going. How do you feel about SRNA'S future?
MACD really. When volume is this low I don't think charts mean anything. If someone needed to sell 500K shares today the stock would be under 7 cents and If someone had to have 500k shares today this would be over .20 charts would have nothing to do with that.
amazing news today. What other penny stock ceo has this much confidence in his company.
now up 27%
now offered at .1152. Anything under .15 is a gift.
and now we have all the bid whackers coming in
I wouldn't mind this trading in this range if the volume was better
i'll take sooner and later!
it just shocks me that the people who post here all the time aren't adding 50K+ shares at these prices
More insider buying by the CEO. I can't believe this isn't catching on to more people.
i think we see a close over .15 today.
shocked nobody buying up these shares under 15 cents
another licensing deal would be great right now
finally getting a better bid.
100% agree and that is what people are missing when they look at this company
nice start to the day volume wise. If we get a bigger push this will be be over .15
there is only so many shares outstanding. They don't have any toxic debt. subtract how many shares Bunka and all the insiders own and you have a very small number. The MM can be long/short whenever he wants but if there is supply/demand the stock will move in that direction
CDEL off ask 60k more shares here at .135 then .15.
a little more push and its over .135
looks like this is set for a run
well we cleared out those 10 sellers now the question is do we get bid support. this is extremely thin to .16
thats what happens when you don't have a stable bid.
just think if this had real buying interest. 65k on the ask is a tiny dollar amount of stock under $9 thousand $.
after that 11 trade .16 was next. If we have support this would be double from here. 11 gets hit and someone throws a 10 order out there
more insider buying
where are the 100K+ bids.