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Cannabix Achieves New Plateau with its FAIMS Marijuana Breathalyzer Technology

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Cannabix Technologies (CSE: BLO, OTC PINK: BLOZF) has announced significant advancements in its marijuana breathalyzer development. The company achieved enhanced resolving power and molecular specificity with the Cannabix FAIMS Beta 3.2 circuit, utilizing new PCB design and mosfet chip technology. Additionally, a more compact circuit board design improves device portability. The technology isolates and detects THC in breath, aiming for accurate impairment detection, especially in driving. CEO Rav Mlait emphasized the technological progress made despite COVID-19 challenges.

Positive
  • Achievement of higher resolving power and molecular specificity in breathalyzer technology.
  • Compact circuit board design enhances portability for practical applications.
  • Focus on accurate, non-invasive THC detection could meet market demand as marijuana legalization expands.
Negative
  • The company is not currently selling commercial breathalyzers.
  • No assurance that the marijuana breathalyzer business will provide tangible benefits.

Cannabix is developing Marijuana Breathalyzer devices to give law enforcement and employers a tool to enhance public safety

VANCOUVER, British Columbia, Oct. 05, 2020 (GLOBE NEWSWIRE) -- Cannabix Technologies Inc. (CSE: BLO) (OTC PINK: BLOZF) (the “Company or Cannabix”) developer of marijuana breathalyzer devices for law enforcement and the workplace reports that engineers have achieved new, much higher levels of resolving power using a new PCB design and the latest mosfet chip technology leading to the highest level of molecular specificity to date with its Cannabix FAIMS Beta 3.2 circuit. The Company also reports the design of a significantly more compact FAIMS circuit board, paving the way for a smaller device footprint relative to previous versions, enhancing portability. Cannabix is using its FAIMS technology to isolate and detect ∆9-tetrahydrocannabinol (“THC”), a non-volatile compound, in breath. The Cannabix FAIMS marijuana breathalyzer device uses ion mobility filtering techniques (related to mass spectrometry – the gold standard analytical technique for molecular detection). Cannabix Technologies is on the forefront in research and development to create point-of-care breath testing technologies for the detection of THC - the psychoactive component of marijuana that causes impairment.

Rav Mlait, CEO stated, “The Company believes that these latest developments with the Company’s FAIMS based detection system, open up areas of analytical chemistry that diagnostic fields have been seeking for chemical analysis. Our team has made significant technological strides, even under covid restrictions over the last number of months.”

The Company also reports that it has recently participated in an information session (highlighting the Company’s breath testing technologies) with a group of transportation, safety, policy experts primarily from the northeastern region of the US.

About Cannabix Technologies Inc.

Cannabix Technologies Inc. is a leader in marijuana breathalyzer development for law enforcement and the workplace. Cannabix has established breath testing technologies in the pursuit of bringing accurate, durable, portable tools to market to enable detection of marijuana-impaired driving offences on roads at a time when marijuana is becoming legal in many global jurisdictions. Cannabix is working to develop drug-testing devices that will detect THC- the psychoactive component of marijuana that causes intoxication- using breath samples. In particular, Cannabix is focused on developing breath testing devices for detection of recent use of THC, in contrast to urine testing for THC metabolite that requires an invasive collection and reflects usage, days or even weeks earlier. The devices will also be useful for other practical applications such as testing employees in the workplace where impairment by THC can be hazardous.

We seek Safe Harbor.

On behalf of the Board of Directors

“Rav Mlait”

CEO
Cannabix Technologies Inc.

For further information, contact the Company at info@cannabixtechnologies.com

The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Cautionary Statement Regarding Forward-Looking Statements

This press release contains forward-looking information that involves various risks and uncertainties regarding future events. Such forward-looking information can include without limitation statements based on current expectations involving a number of risks and uncertainties and are not guarantees of future performance of the Company, such as final development of a commercial or prototype product(s), successful trial or pilot of company technologies, no assurance that commercial sales of any kind actually materialize; no assurance the Company will have sufficient funds to complete product development. There are numerous risks and uncertainties that could cause actual results and the Company’s plans and objectives to differ materially from those expressed in the forward-looking information, including: (i) adverse market conditions; (ii) risks regarding protection of proprietary technology; (iii) the ability of the Company to complete financings; (iv) the ability of the Company to develop and market its future product; and (v) risks regarding government regulation, managing and maintaining growth, the effect of adverse publicity, litigation, competition and other factors which may be identified from time to time in the Company's public announcements and filings. There is no assurance that the marijuana breathalyzer business will provide any benefit to the Company, and no assurance that any proposed new products will be built or proceed. There is no assurance that existing “patent pending” technologies licensed by the Company will receive patent status by regulatory authorities. The Company is not currently selling commercial breathalyzers. Actual results and future events could differ materially from those anticipated in such information. These and all subsequent written and oral forward-looking information are based on estimates and opinions of management on the dates they are made and are expressly qualified in their entirety by this notice. Except as required by law, the Company does not intend to update these forward-looking statements.

FAQ

What recent advancements has Cannabix Technologies made in its breathalyzer products?

Cannabix Technologies has achieved higher resolving power and molecular specificity with its Cannabix FAIMS Beta 3.2 circuit, enhancing its marijuana breathalyzer's capabilities.

What is the stock symbol for Cannabix Technologies?

The stock symbol for Cannabix Technologies is BLOZF for OTC trading and BLO for CSE.

What are the practical applications of Cannabix's breathalyzer technology?

The breathalyzer technology aims to detect THC impairment for law enforcement and workplace safety.

Is Cannabix Technologies currently selling its breathalyzer devices?

No, Cannabix Technologies is not currently selling commercial breathalyzers.

What challenges might Cannabix Technologies face in its future developments?

Cannabix may face challenges such as adverse market conditions, regulatory risks, and financing needs in its future developments.

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