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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

Comment by geodcanon Feb 09, 2024 3:42pm
159 Views
Post# 35873032

RE:RE:RE:It doesn't take much commonsense

RE:RE:RE:It doesn't take much commonsenseI 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 that they deliver a THC detection breathalyzer type unit before all of the competition and that price jump history repeats itself just like the BAC units did.

I was lucky to benefit hugely from Cannabis investments and still beleive that there is a US greenrush yet to happen for brave investors as supply and demand sorts itself out.

Multibaggers were the norm during the Canadian legalization and STZ's huge investment into Canopy that opened the eyes of investors and helped to launch a very exciting shareprice appreciation event for a lot of retail investors in pot and pot related companies.

Necessity is the mother of invention and the influx and acceptance of cannabinoids for rec use and medical use justifies that inventors of this type of device work to deliver a THC breathalyzer for business and law enforcement.

Interestingly, there are not many trying to deliver THC breathalyzers despite a decent amount that have delivered a BAC unit.

For sure the need for this is growing and the holy grail would be a detection device that would detect all types of impairment to keep society safe from adulterated drivers.

The increase of acceptance of cannabinoids by society has resulted in tenders for a thc detection unit and a similar device to the BAC style seems the most likely to succeed.

Cannabix has been a successful investment for me because of my conviction to own this company when I first became aware of them.

If memory serves me correctly the shareprice broke the $3 range once upon a time and I do beleive that Cannabix is closer now than they have ever been.

I sold a good chunk at a decent profit but held on to 5k shares in the hopes that the first to deliver a thc breathalzyer could match or exceed the spikes that BAC units achieved when they first launched.

I put a bid in to clean up the cheap shares awhile back and will continue to buy more at the lows.

glta and dyodd
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