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Bullboard - Stock Discussion Forum 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... see more

CSE:BLO - Post Discussion

Cannabix Technologies Inc > It doesn't take much commonsense
View:
Post by geodcan on Feb 02, 2024 5:26pm

It doesn't take much commonsense

to realize that a pot breathalyzer for law enforcement and business will be a winner.

The first to the finishline with a true thc breathalyzer should easily go the same route as the historical price for the first blood alcohol unit.

The need is there as the world is opening the doors to marijuana use even wider than it has been.

Consumers are starting to understand the scourges that alcohol causes and are looking for healthier buzzes and thc offers that.  They are also looking for less calories and sugar or a nicer alternative to chompin' down a bunch of pills for relief from pain or anxiety.

I like to think that reasonably knowledgeable adults are changing the perception of pot and beverage alcohol recognizes that and are looking to subbing thc in to their soft beverages to save their marketshare.

Experienced consumers are leading the way of THC becoming more mainstream but there are always the ones that will drive while a little buzzed and just in time, voila, Cannabix is on it, trying to develop a thc breathalyzer for the better good of society.

Don't mortgage the house or spend money you can't afford to lose but I like and I'm invested in Cannabix in the hopes that a working model that can get to market first has huge upside potential.

Potential like multi-bagger potential!

There aren't that many inventors that I am aware of working on this project despite the fact that it is going to be an essential for law enforcement and employers as marijuana gains consumers.

There are some fairly effective units using spit out there that nobody wants to use because of disease carried with spit and dna that most people don't want their employer to have access to in case you have cancer markers or other horrible disease markers such that your employer will just get rid of you rather than drive his benefit rates up or have to pay a lump sum for life insurance for your demise.

Cannabix is working towards a hand-held, roadside usable device to detect impairment by THC that can be solid and useful for law enforcement or employers.

I am trying to come up with a number of orders for this device, surely they would want one in every police car and big companies too that have drivers and operators.  That is to say there is a need and somebody is going to come up with a winning device.

I like Cannabix's chances because they use the go-to science of Mass Spectrometry that needs a few tweaks for roadside or office use.

glta and dyodd
Comment by geodcan on Feb 02, 2024 5:32pm
Lifeloc is still floating around $3 US per share for their BAC breathalyzer, down from close to $40 when BAC first arrived. Go Cannabix as first to the finish line with a working THC breathalyzer. This was years ago!  I can see $40 easily for the first THC breahtalyzer to hit the finishline. glta and dyodd
Comment by DownSouth on Feb 08, 2024 11:57pm
Lifeloc 65% increase today? Most likely because they have a product to cell?
Comment by geodcan on Feb 09, 2024 3:42pm
I only reference Lifeloc because it re-inforces my point that a bac breathalyzer hit close to $40 when they first came in to being. My due diligence is telling me that Cannabix is advancing the successful science to try to produce a THC breathalyzer that checks all of the boxes for a roadside device that can be useful to less than scientific minds and outside a lab setting. My biggest hope is ...more  
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