Cannabix Provides Update on Marijuana Breathalyzer Development
September 9, 2014
Vancouver, British Columbia, September 9, 2014 -- Cannabix Technologies Inc. (CSE: BLO) (OTC PINK: BLOZF) (the “Company”), developer of the patent pending Cannabix Marijuana Breathalyzer for use by law enforcement to detect THC levels in drivers, is pleased to announce that it has received device renderings from its engineering contractor, KLN Klein Product Development, marking a key step forward in the development of its Cannabix Breathalyzer device.
The company also reports that the Licensor of the Cannabix Marijuana Breathalyzer System has signed a collaboration agreement with Field Forensics Inc. to develop a roadside test kit for use with its Cannabix Marijuana Breathalyzer.
Field Forensics Inc. (“FFI”), a leading developer and manufacturer of forensics sampling and identification devices for law enforcement, homeland security, and military customers worldwide, has begun development of a potential test kit that would be used in combination with Cannabix’s breath testing technology to determine the presence of THC (the psychoactive component of marijuana that causes impairment) at the roadside by law enforcement and in the workplace. FFI produces a host of products including explosives detection, drug detection, and field and laboratory chemical sampling devices in addition to research and development services for defense, security, and law enforcement, and training services in homeland security applications.
Craig Johnson, CEO of Field Forensics Inc. stated, “Cannabix’s unique breath testing technology dovetails well with our solution. We are impressed with Cannabix and their approach to developing a THC detection device for law enforcement. This is definitely a timely device.”
Kal Malhi, President of Cannabix Technologies Inc. stated, “Field Forensics is a high growth, awarding winning, innovative company. Our collaboration is a positive development for Cannabix. FFI’s experience and tremendous network in law enforcement, government and private sector bodes well for Cannabix. Our prototype development is progressing well as we have recently received device renderings from KLN Klein Product Development. The renderings are impressive and our team is pushing along development of our marijuana breathalyzer at a good pace.”
The Company also announces that on September 6th, 2014, Cannabix Technology Inc. (OTC PINK: BLOZF) became “piggyback” eligible for trading in the U.S., whereby authorized market makers can begin quoting a piggy-back eligible security at any point in time.
Cannabix also reports that has filed paperwork with Depository Trust Co. (“DTC”) to facilitate book-entry delivery, depository services and electronic settlement of transfers of its common shares in the United States. The Company will provide a further update if and/or when DTC eligibility has been granted.
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