Cannabix Technologies Inc (BLOZF)

[geodcan]

Cannabix should have held its gains as development progressed. It's a yes or no project of whether the accepted science can be downsized and dummied down for non-scientific minds to operate successfully.
We are having a bit of an identity crisis in the eyes of investors as to whether we are a marijuana stock or a tech stock and because there really is no huge category of thc breathalyzer companies to compare to we have made it onto several pot indexes and are moving with that sentiment as our progress continues.
Somebody is going to develop an acceptable roadside device that will become mainstream but it seems that the politicians want the holy grail of a device that can detect all substance impairment which is going to put the timeline way back.
I believe that a single purpose thc device from breath will suffice but that depends on how desperate our politicians are to get something workable as this new vice unfolds to the mainstream.
As far as your target price, I think you are being very conservative because we have been in that territory pricewise.
Most investors see the commonsense in this device for the changing times and I rationalize my projected price as being able to attain the price for alcohol breathalzyer stocks of which lifeloc comes to mind @ $37 range. Marijuana investors are getting concerned about pot stocks and might want to hedge with the thc breathalzyer public companies of which there aren't many. Glta and dyodd