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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

Post by Closure70on Sep 25, 2024 10:57am
153 Views
Post# 36240205

Upwards

UpwardsReleases are great but think they need to hand the reigns of the company over to a larger organization who can really bring this to market aggressively.   Until which time, do not think this will get any material share price traction.  Advancements in the technoogy and the product can still go on behind the scenes as is, but they need the might of a more expoerienced go to market execution.  

Think this represents a huge opportunity for a larger player, companies like these tend to hold on too long then get taken out but copy products that are better marketed or by stubborness of a management team who go beyond their capabiities.  A PR firm alone wont do it, it may create very short term pop but not what a larger more experienced organization within the indusry (or adjacent to the industry) may be able to push.

Been in this along time and do believe in the product, hope ego's do not get in the way. 
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