Cannabis Investment Play That’s Driving Home an Important Point

Cannabix Technologies Inc. (CSE:BLO) is developing a portable cannabis breathalyzer, much like what the police use to detect alcohol during spot checks

Capital Ideas Media | April 6, 2021 | SmallCapPower: With cannabis now fully legal in Canada and legal in some form in the majority of U.S. states, it’s crucial that users of the substance be held accountable for their actions when operating motorized vehicles and/or doing a job where impaired judgment can lead to serious harm, or even death.

(Originally published on Capital Ideas Media on February 23, 2021)

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Cannabix Technologies Inc. (CSE:BLO), an idea courtesy of one of our subscribers, Bill G, is developing a portable cannabis breathalyzer, much like what the police use to detect alcohol during spot checks, for law enforcement and the workplace.

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Breath tests are considered a better indicator of impairment than saliva, blood, or urine since THC only remains in the breath for between one and three hours, which is also the time a person’s impairment is at its peak.

Cannabix has been working with The Yost Research Group to identify THC in ultra-low ranges using highly sensitive -mass spectrometer systems.

More recently, the Company announced plans to begin beta testing its version 3.0 THC Breath Analyzer with an occupational health care provider in southern California and was granted a U.S. patent entitled, “Cannabis Drug Detection Device,” which is expected to provide intellectual property protection to Cannabix.

All of which has created a catalyst for its stock price thus far in 2021.

Cannabix, though, is still in its early growth stage and should be viewed as a high-risk speculation.

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