Wednesday, January 27, 2021 9:50:03 AM
Already in 2021, two congressional marijuana bills have been filed: one to move cannabis from Schedule I to Schedule III of the Controlled Substances Act and another to prevent the U.S. Department of Veterans Affairs from denying veterans benefits solely because they use medical marijuana in compliance with state law."
https://www.marijuanamoment.net/chuck-schumer-lists-marijuana-as-a-priority-in-first-post-election-cannabis-comments/
I said, in my opinion, a couple weeks ago, that I thought in order to reach $1.60, we'd have to have three things- announcements of the patent (which we all knew was coming), the Democrats being sworn in to give them control of Congress and the White House (bringing marijuana decriminalization, if not full legalization, to reality this year and driving up the sector), and a press release about starting third party testing in California.
Well, looks like we may hit $1.60 with sector and marijauna reform momentum. We'll see.. Now, Canadian pricing being over $1.60 and the warrants from the private placement being extended signal to me, in my opinion watching what happened 3 years ago, that they'll want to see this get to at least $2.20+ Canadian to let the warrant holders know it's time to really get back in the game. This will also help Cannabix increase their financial position greatly at a time they're moving ahead with 2 devices, supposedly.
But, I did feel with all their misleading statements of having a finished product in January 2018, and all their bogus timelines of these past 6+ years that they may need to show a working product in order to regain trust and the momentum of early 2018.
It appears, if this pattern continues, that a press release might help bring this close to all time highs. And, video and picture evidence of working devices in action would make this very very interesting from a price perspective.
Recent BLOZF News
- Cannabix Technologies to Deliver Innovative Breath Logix Alcohol Screening Device to Texas, USA • InvestorsHub NewsWire • 07/29/2024 01:07:46 PM
- New Breathalyzer Technology Could Revolutionize Cannabis DUI Detection • AllPennyStocks.com • 07/11/2024 05:00:00 PM
- Cannabix Technologies and Omega Laboratories Inc. Provide Positive Developments on Marijuana Breathalyzer Testing • InvestorsHub NewsWire • 07/11/2024 12:21:00 PM
- Cannabix Technologies and Omega Laboratories Inc. enter Strategic Partnership to Commercialize Marijuana Breathalyzer Technology • InvestorsHub NewsWire • 05/16/2024 12:13:10 PM
- Cannabix Technologies Launches New Compact Breath Logix Workplace Series and Prepares for Delivery to South Africa • InvestorsHub NewsWire • 05/07/2024 12:51:17 PM
- Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • InvestorsHub NewsWire • 04/30/2024 12:53:40 PM
- Cannabix's Breath Logix Alcohol Device Delivers Positive Impact to Private Monitoring Agency in Montana, USA • InvestorsHub NewsWire • 04/25/2024 12:52:01 PM
- Cannabix Technologies to Present Marijuana Breathalyzer Technology at International Association for Chemical Testing (IACT) Conference in California • InvestorsHub NewsWire • 04/22/2024 12:49:29 PM
- Cannabix Technologies Begins Certification of Contactless Alcohol Breathalyzer, Re-Brands product series to Breath Logix • InvestorsHub NewsWire • 04/16/2024 12:52:49 PM
- Cannabix Quantifies Marijuana Breath Samples from Maryland Green Lab - Results Analyzed at North Louisiana Criminalistics Laboratory • InvestorsHub NewsWire • 01/18/2024 02:56:11 PM
- Shares Up on Patent Filing for Marijuana Breathalyzer • AllPennyStocks.com • 01/03/2024 07:00:00 PM
- Cannabix Technologies Files Patent for Proprietary Laboratory Drug Analysis Device • InvestorsHub NewsWire • 01/03/2024 02:30:21 PM
- Cannabix Technologies to Participate in Green Lab Held by Montgomery County Police Department (Maryland) • InvestorsHub NewsWire • 12/22/2023 01:46:36 PM
- Cannabix Completes Initial Electronics Testing on Contactless Alcohol Breathalyzer, Commences International Certification Plans • InvestorsHub NewsWire • 11/07/2023 02:09:46 PM
- Cannabix's MSBS Marijuana Breathalyzer Technology Advances Quantification of THC in Breath • InvestorsHub NewsWire • 10/03/2023 12:50:42 PM
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