Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Cannabix Technologies Inc C.BLO

Alternate Symbol(s):  BLOZF

Cannabix Technologies Inc. is a Canada-based developer of marijuana and alcohol breath testing devices. The Company’s primary business is the development of marijuana breathalyzer technology. It is developing technologies to detect Tetrahydrocannabinol (THC) in breath samples for law enforcement, employers and laboratories. In addition, it is developing non-contact alcohol screening devices targeted primarily for workplace settings. The MS Breath Sampler (MSBS) is specialized laboratory hardware developed by the Company to confirm THC in breath from humans. The MSBS is a method for collection of analytes of low volatility from human breath utilizing liquid secondary adsorption. Within the Breath Collection Unit (THC detection), the sample is captured inside a cartridge and loaded into the MSBS. In preliminary testing, the system has detected and confirmed THC in breath out to four hours after smoking with breath samples being stored and analyzed up to two days after sample collection.


CSE:BLO - Post by User

Post by geodcanon Jul 07, 2020 3:45pm
295 Views
Post# 31235670

Learn the difference

Learn the differenceYou know that I know the difference between shareprice and marketcap.  You were the one that jumped to marketcap.  Sometime shareprice runs moves quickly.  Even your AGN got a 10% bump today.  Pharmaceuticals are notorious for massive price swings when they get a new drug on the shelves and they tank just as hard when the lawsuits start.  Marketcap is just simple math of sp times sharefloat.  Every investor out there is hoping for huge multi-baggers and it is amazing how the sheeples chase stocks up.  The trend for investors is that after a big correction phase that they get smarter and more rational and most definetely, easier to spook the herd.  

I will repeat what you call my gaslighting, so try to keep with my train of thought.  I said that I could see that this could hit $30 or $40 based on what some of the other BAC breathalyzer companies commanded for their shareprice and I was specifically thinking about Lifeloc when I put that out there.  I added one more point to my postings that there are close to 1000 BAC breathalyzer companies in business and only a couple of unproven efforts for THC detectors of the breath analysis detection.  

After doing my due diligence, I like the direction that Cannabix is going and placed my bet on them as being on the right track with the MS technology, which works, in the lab for scientists.  They have mentioned that they have a desktop model that works too, which lawmakers might settle for because getting it to work as the familiar pistol type BAC breathalzyer is going to take longer.  Same thing happened for alcohol breathalyzers when they first arrived on the scene.  They were big and to make them mobile they needed their own temperature controlled van to get them to the roadside.  They nicknamed it the BAT mobile.  I think Cannabix could deliver on the POT mobile and with time they will get it downsized and dummied down to be handheld and work as advertised.

Don't be confused by Drager with their saliva pistol grip breathalzyers which probably work but illegally collect dna and cops don't want to handle body fluids, even more important with Covid running rampant.  

The last couple of days have been good for Cannabix and one of these days they, or somebody else, is going to deliver this technology and if it jumped 60% on a patent application, imagine what it could do for the real deal.  I believe, which is why I invested.  Are there any 200 baggers left?  I don't know but I'm going to keep looking because history has a tendency to repeat itself.  glta and dyodd
<< Previous
Bullboard Posts
Next >>