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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 monte8on Jun 25, 2024 10:20am
101 Views
Post# 36104879

RE:latest nr looked a little grabby

RE:latest nr looked a little grabby

Cannabix Technologies share price continues to shed as we await for any positive news as follows:

 

1. Strategic Partnership to Commercialize Marijuana Breathalyzer Technology with Omega Laboratories Inc.

 

2. The the media companies; Financial Buzz Media Network,s LLC, aktiencheck.de AG and InvestorsHub.com Inc. that Cannabix has engaged with their service which will include, but are not limited to, video news recaps covering latest news releases and press release editorial syndication.

 

3. Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia. Cannabix is developing alcohol and marijuana breathalyzer devices to give law enforcement and employers a tool to enhance public safety.

 

Meanwhile, from the recent annual general and special meeting Dr. Raj Atta…….and Thomas Clarke as directors, the granting of stock options thereunder in an amount up to 15% of the total issued and outstanding shares and an ordinary resolution to approve the adoption of the Company’s Restricted Share Unit Incentive Plan and the granting of equity awards thereunder in an amount up to 5% of the total issued and outstanding shares.

 

Sounds quite generous to me. So Dr. Raj please put out some positive news in reversing the share price slide!


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