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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 breathalyzer technologies for law enforcement, workplaces and laboratories. The Company is working to develop delta-9 tetrahydrocannabinol (THC) and alcohol screening devices. Delta-9 THC is the psychoactive component of marijuana. Breath testing for delta-9 THC would allow employers and law enforcement to identify recent marijuana use. It develops contactless breath alcohol detection devices. Its technologies include THC Breathalyzer System, Breath Logix Alcohol Breathalyzer and Breath Logix Vehicle. THC Breathalyzer System includes Cannabix Mass Spectrum (MS) Breath Sampler (MSBS) and Cannabix Breath Collection Unit (BCU). The Breath Logix (BR-LGX) Industrial Series is a fully automated breath alcohol screening system for employee, contractor and visitor access control. The BR-LGX vehicle device could be integrated into various locations in the vehicle cabin. It also develops Cannabix FAIMS device.


CSE:BLO - Post by User

Bullboard Posts
Comment by hintonkidon Dec 22, 2017 3:46pm
320 Views
Post# 27218808

RE:Potential to Run and Thoughts

RE:Potential to Run and ThoughtsI am of the opinion, that even if there is a delay in the final enactment of the MJ Legalization Act, BLO will be a good stock to hold in one's portfolio.  BLO's breathalizer technology, once deployed in the field to be used by law-enforcement, paramedics and health and safety officials in industry should be in high demand and sales should be brisk.  This company has always been lumped in with the MJ stocks and it's share price has moved up and down with the share price of companies in the MJ sector.  Instead, I believe that investors should see the stock more as a play in the law-enforcement or medical devices sectors.  Even if, in a worse case scenerio, there is an unexpected delay in the enactment of the MJ legislation and legalization as has been requested by the provinces and law-enforcement officials, set to be executed this coming summer, until 2019 BLO's MJ breathalizer, once deployed, should not be affected by the negative news as law-enforcement officials, paramedics, etc., will still be purchasing this technology for use in the field since the current MJ laws would still be in force and would be enforced by law-enforcement and the technology would be an additional tool used in the enforcement of those laws. 
Bullboard Posts