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Bullboard - Stock Discussion Forum
Cannabix Technologies Inc
C.BLO
Alternate Symbol(s):
BLOZF
Technology
Scientific & Technical Instruments
Cannabis
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.
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CSE:BLO - Post Discussion
Cannabix Technologies Inc
> Peer Reviewed Science, Laws/Regulations, Court Certified.
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BlaineBorg
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Post by
BlaineBorg
on Aug 02, 2021 3:33pm
Peer Reviewed Science, Laws/Regulations, Court Certified.
Hurdles Abound. If Anyone believes any one of the ablove hurdles is a minor thing, you know nothing about your investment. You are looking at long term issues to commercialization, if ever. None of the science involving Cannabix's breathalyzer has been peer reviewed. No laws have been passed in any jurisdiction in Canada or the USA that would allow a "marijuana breathalyzer" to be used by police or employers. There isn't a court in the land that has seen a case show up in a courtroom involving a marijuana breathalyzer and unless and until one does - nobody knows what the courts will say about a device that cannot prove impairment like an Alcohol breathalyzer. I believe the science is not up to par for broad based use and it may never be adequate to just detect marijuana use within x number of hours. Ironing out a true impairment baseline for marijuana is too complex a problem for a little company like Cannabix to tackle on it's own. I question if there's truly a belief you can scientifically prove someone's impairment by means of a breath analysis you wouldn't have just a handful of small companies trying to make a go of it. I personally think the current technology is going nowhere fast and will require outside the box science to get to a real solution, if society really cares about driving under the influence of marijuana. As if society hasn't been high behind the wheel for decades. Only now that it is legal somehow it's an urgent problem? Where's the Mothers Against Marijuana Drivers outrage? The Mother's probably get together on 4/20 every year and smoke their troubles away. May God bless them all.Hurdles Abound. If Anyone believes any one of the ablove hurdles is a minor thing, you know nothing about your investment. You are looking at long term issues to commercialization, if ever. None of the science involving Cannabix's breathalyzer has been peer reviewed. No laws have been passed in any jurisdiction in Canada or the USA that would allow a "marijuana breathalyzer" to be used by police or employers. There isn't a court in the land that has seen a case show up in a courtroom involving a marijuana breathalyzer and unless and until one does - nobody knows what the courts will say about a device that cannot prove impairment like an Alcohol breathalyzer. I believe the science is not up to par for broad based use and it may never be adequate to just detect marijuana use within x number of hours. Ironing out a true impairment baseline for marijuana is too complex a problem for a little company like Cannabix to tackle on it's own. I question if there's truly a belief you can scientifically prove someone's impairment by means of a breath analysis you wouldn't have just a handful of small companies trying to make a go of it. I personally think the current technology is going nowhere fast and will require outside the box science to get to a real solution, if society really cares about driving under the influence of marijuana. As if society hasn't been high behind the wheel for decades. Only now that it is legal somehow it's an urgent problem? Where's the Mothers Against Marijuana Drivers outrage? The Mother's probably get together on 4/20 every year and smoke their troubles away. May God bless them all.
BB
(235)
•••
geodcan
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Comment by
geodcan
on Aug 03, 2021 12:49pm
I'm betting that the same debate and issues came up for the Blood Alcohol Breathalyzer. It's not going to happen quickly for THC impairment but this particular stock sp moves enough to make a few dollars on the swings. Technology is moving exponentially and I think Cannabix understands what is needed for a true THC breathalyzer and might be able to deliver a solution for law
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(17)
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BlaineBorg
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Comment by
BlaineBorg
on Aug 03, 2021 1:59pm
Your continued (year after year) analogy of Lifeloc and it's age old run to $40 per share is fundamentally flawed. To date, Lifeloc has approx 2.4 million shares outstanding. At $40 per share that would be a $96M market cap. That's roughly the current market cap of Cannabix. So there's litterally zero increased value by comparing the two companies for an Alcohol breathalyzer versus a
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(235)
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geodcan
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Comment by
geodcan
on Aug 03, 2021 8:12pm
point taken. Lifeloc was probably never worth their huge shareprice but it got there and on irrational exuberance. Cannabix could shoot up to there too or anybody else that comes up with the first accepted model that works as advertised. This stock isn't a greenrush stock per say but I have sensed that a lot of the delays in rolling out the greenrush are because law
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BlaineBorg
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Comment by
BlaineBorg
on Aug 04, 2021 9:02am
IMO, you simply don't get the math. EOM. BB
(235)
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geodcan
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Comment by
geodcan
on Aug 04, 2021 12:50pm
and you don't get the magic of irrational exuberance and shareprice.
(17)
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BlaineBorg
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Comment by
BlaineBorg
on Aug 04, 2021 8:10pm
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