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Cannabix Technologies ( (TSE:BLO) ) just unveiled an update.
Cannabix Technologies has entered into a memorandum of understanding with AlcoPro Inc. to market its Marijuana Breathalyzer technology in the United States. This collaboration aims to provide preliminary exposure of Cannabix’s technology through AlcoPro’s extensive distribution network, potentially leading to a future distribution agreement.
More about Cannabix Technologies
Cannabix Technologies Inc. is a developer of marijuana and alcohol breath testing devices. The company focuses on creating technology for measuring delta-9 THC levels in breath, with applications in law enforcement and workplace safety. It is positioned in the emerging market for cannabis detection tools.
YTD Price Performance: 8.33%
Average Trading Volume: 92,492
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $28.43M
See more data about BLO stock on TipRanks’ Stock Analysis page.
