Post by
geodcan on May 28, 2024 3:53pm
Got a little wind back in our sails today
Just need an awareness program for investors that fertilizer and grow lights isn't the only way to capitalize on marijuana stock accessories.
Too many potpreneurs and too much supply makes picking pot winners difficult for investors. For all of the junior pot companies to make money and gain share appreciation is going to require huge attrition of a huge percentage of the players and somehow or other, law enforcement needs to deal with the black market supply in the US.
Pot use is gaining more acceptance as individual States are switching up to the new vice and the need for a thc breathalyzer is increasing.
Cannabix is on the right track with a proven science history to develop their tool for law enforcement and business while competition is few and far between, as far as I can tell.
History could repeat itself with the arrival of the thc breath testing unit mirroring the arrival of the blood alcohol units where the first to the finish line achieved shareprices of over $30 per share. Lifeloc hit almost $40 per share and still holds over $4 US per share.
Cannabix stepped up and entered the BAC market with hopes of getting recognition for their namesake for the launch of the Cannabix THC breath testing unit.
The law and policy guys initially wanted a two fer unit that measure thc and alcohol which threw a wrench in to Cannabix's single purpose thc unit. My understanding is that the two fer proposal science isn't conducive to having these two in one unit although the MS science detects both alcohol and thc as well as other intoxicants and is already used for serious court action detection, albeit in the lab setting.
I noticed Cannabix has prototype pistol style units that they are showing which law enforcement would like for their familiarity to the BAC units that they use.
Our competition seems to be working on their spitalyzer models, so not true thc units. Spit carries dna which you don't want in the hands of the wrong people to use against you and most jurisdictions require a judge's signature to collect dna.
Cannabix moves the needle enough on their shareprice for money to be made by astute investors and I sold most of my shares for a decent uptick and have been replacing them when the shareprice drops because I believe that the first thc unit could be a Cannabix and could easily hit the $40 per share level that the blood alcohol units achieved.
glta and dyodd