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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

Comment by geodcanon Jul 19, 2020 9:58pm
318 Views
Post# 31288841

RE:P&D

RE:P&DI'm hoping for the low 40s as in $40 for a working model thc breathalyzer.  Don't discount irrational enthusiasm runs stocks up beyond any practical justification and this has been especially true of marijuana stocks.  This is NOT a marijuana stock but the sp moves pretty much the same as market enthusiasm for marijuana and the need for this device is increasing as more and more legal adult use pot becomes available.  For our US investors, I can't see a problem with picking up a few shares and who knows, you might get a multibagger if Cannabix nails it and delivers.  I will probably take a bunch of heat for "gas lighting" the potential upside for this company but I've given my reasons to justify my thoughts that I have shared.  BAC companies spiked up and the first THC company will too.  glta and dyodd
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