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Nice close at high of day again . Needs some volume and news to get this puppy fuelled up
thanks guys
I guess we will need to see some continuation with more volume monday to confirm things are reversing vs another bear flag forming . Looking forward to some news on progress or any other signed deals in the near term.
@fallingknife or any other experts here. any thoughts on todays price action ? We closed up at the high of day. Not much volume but seems like a bottom was found. do you think well need to still change the trend with a higher low and higher high on the hourly then eventually daily ?
thanks for any thoughts
Thanks to whoever sold it didn’t buy today and yesterday. Bought tons of shares
Looking forward to a big week next week. Two days in a row of finishing at high of day . Can smell big news coming IMO
Have a great weekend
Huge NR this morning
Lexaria Bioscience Announces Positive Blood-Brain-Barrier Results
• Lexaria’s technology delivered 195% more nicotine across the blood-brain-barrier conceptually allowing for smaller micro doses in accordance with developing FDA policies.
• Lexaria’s formulation was 4x faster at reaching its peak level in brain tissue than the non-enhanced control formulation.
• Lexaria Nicotine subsidiary formation complete.
lets see this puppy run
very true , thanks for keeping it real guys. Guess its predominantly the warrants then
seems like hmmj sold lots of shares yest and potentially today , may be preparing for reallocation for september.
thursday was at 0.42 % and yesterday at 0.36%.
Not sure its a sign to worry but definitely could be affecting SP
we know and someone with a lot of money obviously knows too lol
maybe they want to halt it like last time but who knows
definitely seems like we got another US patent , congrats everyone
possibly a new US patent?
Agreed !
Dunno if you guys get Ted Ohashi's newsletter but Last night this is a quote from what he wrote about LXRP
"After 30 minutes, the TurboCBDTM delivered 317% more CBD to the bloodstream compared to the positive control; after 60 minutes there was more CBD delivered than at any time by the positive control and more CBD delivered by the control at every period in the study. In addition, THC was not detectible establishing the purity of the TurboCBDTM capsules. We have interviewed management and conclude these are excep-tional results. It reminds us of the nicotine study LXRP published earlier this year. We also learned LXRP is in active discussions with several potential nicotine-based licensees and has had repeated calls with most of them."
"Whether it’s scientific studies or the practicality of new licensing agreements with end users, the evidence keeps mounting that LXRP’s DehydraTECHTM is establishing itself as the go-to technology for improved bio-availability. We think LXRP is getting closer to the point of making an agreement that will vault the company to the next higher level of corporate development and investment returns."
Ill be a buyer with any further dip from here
definitely people covering today. should get interesting this week IMO
HMMJ percentage of LXX is up to 0.47% on august 3 up from 0.43% on july 16th . will be watching the percentage changes after this news today !
We can definitely force some covering with this imo.
Happy to see the research backs the claims. This definitely provides way more reasons for an LP to sign with Lexaria just before edibles are legalized in Canada. Have a lovely day lexy fans
#BREAKING: Manulife Financial, Shoppers Drug Mart, team up on medical marijuana program
— BNN Bloomberg (@BNNBloomberg) July 31, 2018
News shows the technology works and a solid 5 year commitment.
Money will be coming in as we look for bigger deals to sign, more positive research and patents on their way.
Good times ahead IMO
cheers
go to Sedar and search for future farm then select audited financial statements dated on july 18th 2018
financials are on sedar , whats everyones thoughts on it ??
yup i check both but seems to be more active on Stockhouse for FFT
they posted the updated percentages from yesterday and HMMJ now owns 0.43% of lexaria
probably purchasing more as you said
GLTA
red to green??? lets go Lexy
whats everyones take on the share price activity today ? lots of yo-yoing
Do you think this is more warrants being exercised or just people profit taking and others buying lower ?
Congrats to all Canadians including myself who have made history with the vote yesterday !
HMMJ increased its holding of Lexaria from 0.31% on friday to 0.39% yesterday , looking more and more interesting. Cant wait for the real news to hit, Im guessing related to tobacco side of things for this baby to fly!!!
Enjoy the Ride folks
can you define what the secret is ? lol
I dunno about y'all but to me these dips are a gift , Ive been buying up shares every time this puppy dips. I think we all know something is coming and its only a matter of time. I follow Ted Ohashi on Seeking alpha and he is adamant about buying more here. I also saw this video by charts guys yesterday which seems to indicate a possible breakout coming in next few trading days.
i think someone is trying to make this drop temporarily to buy back more , just my opinion. I just bought more :)
agreed with MB and Shawking. Todays news release is a clear indication good news is on its way. when and details of it should be coming soon IMO. better days ahead and sometimes the longer we wait the more suspense the more the stock pumps before the news ! Buy the rumour sell the news
red to green !
Exactly love the news! Proves the tech works. 10 year deal is always nice financially even though details of the deal aren’t mentioned. It doesn’t seem the market was expecting this news so should be nice to see what happens tomorrow. Glta cheers
Wow another licensing agreement and this time with a pretty well known wine company. Interesting to see what the market does with that today
New Cannabis beer and wine LOI
Kelowna, British Columbia – April 27, 2018 – Lexaria Bioscience Corp. (OTCQX: LXRP) (CSE: LXX) (the “Company” or “Lexaria”), a drug delivery platform innovator, announces that it has entered a Letter of Intent (the “LOI”) with Hill Street Beverage Co. to license DehydraTECHTM, on a semi exclusive basis to produce a line of cannabis infused alcohol-free beers and wines for Canadian distribution, following regulatory approval. The LOI is currently non-binding and is subject to the parties entering into a definitive binding agreement, which is expected to occur in the latter part of 2018.
Lexaria has already lab-tested Hill Street’s alcohol-free red and white wines to formulate CBD wines from multi-spectrum hemp oil, and such tests show virtually zero unwanted cannabis taste or odour. Although DehydraTECH™ functions well with cannabis isolates and distillates, Lexaria’s technology particularly excels with multi-spectrum oil inputs for more original experiences.
Hill Street CEO Terry Donnelly stated, “Having tasted our wines after Lexaria’s infusion process, we found all of the complexity and richness of our beverages remains intact, and virtually indistinguishable when comparing the infused products to the originals in blind taste and aroma tests. Once we experienced the end result, the decision to partner with Lexaria became very easy.”
Lexaria’s beverage formulation adaptations use patented technology to act quickly, taste great, and deliver predictable experiences that dissipate more quickly than many other cannabinoid edible products.
Current legislation does not permit the manufacture and sale of cannabis infused products in Canada. Legislation to allow the sale of these products is projected to occur by the summer of 2019. Hill Street is currently applying for appropriate licenses to permit the production and sale of cannabis infused beverages in Canada, with the view of having infused products available for sale once the regulations permit.
About Hill Street Beverage Co.
Founded in 2008, Hill Street Beverage Co. is the world's most award-winning company exclusively focused on alcohol-free beer, wines and cocktails. The company offers a wide range of products including Vin(Zero) wines, Vintense wines, Hill Street Craft beer, and Designated Draft beer. The company's award-winning products have won the Retail Council of Canada's Grand Prix, and numerous medals and accolades including three Gold Medals, two Silvers and one Bronze at the U.S. Open Beer Championships, and a prestigious Double Gold Medal at the San Francisco International Wine Challenge. It is expected that Hill Street’s award winning alcohol-free wines and beers will be available in up to 7,000 stores across Canada by the end of 2018.
About Lexaria
Lexaria Bioscience Corp. has developed and out-licenses its disruptive delivery technology that promotes healthier ingestion methods, lower overall dosing and higher effectiveness of lipophilic active molecules. Lexaria has multiple patents pending in over 40 countries around the world and has patents granted in the USA and in Australia for utilization of its DehydraTECH™ delivery technology. Lexaria’s technology provides increases in intestinal absorption rates; more rapid delivery to the bloodstream; and important taste-masking benefits, for orally administered bioactive molecules including cannabinoids, vitamins, non-steroidal anti-inflammatory drugs (NSAIDs), nicotine and other molecules.
www.lexariabioscience.com
I’ve always believed that for Lexaria to get a decent licensing deal or get bought out they have to prove themselves through non biased research. Seems like that is thus far coming to fruition.
Good day so far !!
huge news in todays news release IMHO
studies are always great especially human double blind studies but the last 2 paragraphs to me are the most important
"Separately, Lexaria announces that it is presenting the results of its recent breakthrough nicotine absorption study at the Next Generation Nicotine Delivery 2018 USA conference April 24th & 25th 2018, in Atlanta, USA. The Company has two prominent speaking appointments to present their latest ingestible nicotine absorption breakthrough: Link
To an audience of big tobacco players and regulatory representatives, Lexaria is presenting the only truly novel and unique approach to new nicotine product delivery in the industry today."
hoping for a good response from the market today !!
nice chart.
I guess that makes sense.
I dont use TA as much for marijuana related stocks but im sure lots of people do.
Hopefully some news next week will get Lexy back on track
cheers
not sure why there was a dump here but i certainly bought some shares at this price
Hopefully more patents and licensing agreements coming
good call, already have a bid in play with lxx, Mr Bunka seems to have things flowing these days and theres still so much more news that should be coming. Most importantly is the research results, any more patents, more license agreements, etc etc
anyone selling now has totally lost their marbles. 5 year exclusive rights to dehydratech in US for food and beverages cannabis infusion products. I think Im aiming for closer to 50 cents
my gut is telling me we will have a good close but so many factors involved
sorry tried to put a pic of fingers crossed and it turned into a question mark lol