Lexaria Bioscience Corp (LEXX): Ted Ohashi, in response to comments abou...

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Thursday, 02/29/2024 8:56:26 PM

Thursday, February 29, 2024 8:56:26 PM

Ted Ohashi, in response to comments about a possible 'sell-on-news event'.
"Just so you know. I am just concluding some research that indicates the LEXX rally may be less to do with the IND application and more to do with the GLP-1 potential for diabetes/obesity. This sector is white hot in the states. You know from what I've been saying in the Let's Toke Business newsletter that the IND application is very important to me and I have also been thinking about a "sell on history" response but it looks like there are a couple of drivers and from a US market point of view, the GLP-1 might be even more important. I'm just looking at a few more items to solidify my conclusion. In other words there may not be a "sell on history" correction."

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