Cannabix Technologies Partners with Yost Research Group at the University of Florida on Development of Marijuana Breath Test Device - Video News Alert on InvestmentPitch.com
August 12, 2015 12:48 PM EDT | Source: InvestmentPitch Media
Vancouver, British Columbia--(Newsfile Corp. - August 12, 2015) - Cannabix Technologies (CSE: BLO) (OTC Pink: BLOZF), a leader in marijuana breathalyzer development for law enforcement and the workplace, is developing a cutting edge marijuana breath test device in partnership with the Yost Research Group at the University of Florida.
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The company has established a diversified portfolio of breath testing technologies in the pursuit of bringing durable, portable handheld tools to market to enhance detection of marijuana impaired driving offences. This is opportune at a time when marijuana is becoming legal in many jurisdictions globally.
The Yost Research Group is a pioneer in the development of high-field asymmetric waveform ion mobile spectrometry and has been actively working on THC detection using mass spectrometers since early 2015. Using a unique method, researchers have successfully isolated THC and some THC-related compounds in simulated breath samples.
Professor Rick Yost stated: "Data show that THC can be found in detectable limits in human breath for a period of two hours after consumption. This short amount of time necessitates an instrument be available onsite."
Dr. Yost's research has involved more than 100 graduate students funded by more than $40 million in research grants, and has led to the publication of more than 160 papers and 16 patents. More than $30 billion worth of instruments have been sold based on these patents.
Ken Malhi, President of Cannabix stated: "Our partnership with the Yost Research Group and the University of Florida immediately diversifies Cannabix's portfolio of breath testing technologies for THC. Our objective is to develop a handheld breathalyzer that will provide precise medical grade and court accepted results at the roadside."
The shares are trading at $0.22, and with 45.8 million shares outstanding, the company is capitalized at $10.1 million.
For more information please visit the company's website www.cannabixtechnologies.com or contact the company at 604-551-7831 or email info@cannabixtechnologies.com.
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