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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

Post by DaVinciCodeon Aug 11, 2021 5:06pm
244 Views
Post# 33686827

Overpaid Executive Team - Cannabix Technologies

Overpaid Executive Team - Cannabix Technologies

Just had a chance to read the notes from the 2021 Annual Meeting that was released and I'm really surprise to see that the 3 Top Executives are all making +- $400k (Total Comp) annually. Unless I missed an announcement there was no real change year / year in 2020/2021. Also in the annual meeting notes there was no mentioning of how the company performs financially (understanding that there is no revenue, yet) however it would be nice to get a copy of the year / year financial performance prior to exec's negotiating compensation.........Also no real operational update in the report so I'm a bit puzzeled by the performance of this potentially great company?
 

 

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