RE:UpwardsBuild it and they will come!
I'm talking about the thc breathalyzer which commonsense is telling me, is where the need is.
Some think the lack of a device that works simply, cheaply and conveniently in the hands of law-enforcement is hindering pot legalization and yet, one State at a time, the US is moving towards pot legalization utilizing whatever go-to device or lab test to enforce the impaired by pot people that draw fire on themselves.
Necessity is the mother of invention and once upon a time there were several companies trying to develop a thc breathalyzer that would emulate the simplicity of the existing blood alcohol units, both productive and familiar to those administering pot impairment testing.
The BAC unit broke in to the marketplace and others re-engineered it, possibly tweaked it up a little to become formidable competition to the existing leaders.
Some even threw their hat in to the ring of THC unit development until they realized how hard it was in comparison to the BAC units.
Some of those BAC player's shareprices shot upwards to huge multiples and made investors very happy for their windfalls.
Cannabix caught my eye by going straight for the THC model as being the most likely next best investment that I could discerne that could match the successes that the BAC people achieved.
Can history repeat itself with a THC device?
You betcha it can!
I make reference to Lifeloc who's shareprice made it to near $40 a share in the good old days and they did make an attempt at developing a THC device to complement their BAC model.
I don't believe they are still pursuing that objective or are there many other participants.
Too difficult and too costly!
I always liked Cannabix for being one of the first and going straight for the THC detection unit.
And they stayed in the same vein of trying to supply complementary devices that could generate revenue because of what their THC unit could generate.
Ignition interlocks, mouth pieces, breath capture units could all be sidelines to a working as advertised THC detection device and they are utilizing the best, most successful science that the system currently uses which is the Mass Spectrometry testing.
They are trying to develop their THC unit on the proven, go-to science and make it work outside a lab setting in a commoner's hands that doesn't have a science degree.
As far as I can tell, Cannabix is closest to having a THC breathalyzer and I see one being purchased for every police car and business that employs operators or drivers to run transportation devices or equipment or anybody else that shouldn't be impaired at work by cannabinoids.
Cannabinoid suppliers have been working on legal loopholes like Delta 9 which is legal but also impairing and THC detection developers are trying to stay abreast of this to supply a device that works for all the variants.
I spend a lot of time searching out multi-bagger potential companies and most of you know that my first choice right now is Cannabix.
I beleive that Cannabix could easily hit the $40 range per share if they can deliver us a THC breathalyzer that works as advertised if first to the post.
When I google up THC beathalyzer, I just don't see much competition and certainly nobody is popping up that is as close to a device as Cannabix.
I held back Cannabix shares for the multi-bagger potential and 6x'd my holdings on a price drop because I sense "winner" for Cannabix.
Best multi-bagger I've got!
glta and dyodd