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Cannabix Technologies Inc BLOZF


Primary Symbol: C.BLO

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 DaVinciCodeon Mar 28, 2024 9:31am
110 Views
Post# 35957677

RE:Malhi

RE:MalhiNot sure how a company of this size stratigize to have a CEO and a President anyhow. Looking at Malhi's financial investment in the company my believe is that he was more an influencer than a operational president. Maybe the CEO will develop a strategy to bring a focused business development strategist on board to help position Cannabix in the market more effectively and actively.

The one area I think they have not been successful is the way they bring updates onto platforms like stockhouse etc. Sometime when one read these announcements one should real sit back and think why some of these even make it to an announcement level as they don't say anything of value other than the team showed up for work. Maybe if the CEO have a professional business development person they might have a bigger impact on the share price if they get the announcements out in the market at the right time and the right place. I believe it's quality first and quantity last. It might be frustrating to investors if less announcements are made but if the quality is well thought out investors might be more acceptable to them....
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