Cannabix Technologies Enters into Marketing Agreements
May 13 2024 - 6:30PM
Cannabix Technologies Inc. (CSE: BLO) (the “Company or Cannabix”)
reports that it has entered into an arm’s length marketing
agreements with the following parties:
Effective May 13, 2024, the Company has engaged Financial Buzz
Media Networks LLC (“FBMN”) for fees of $10,000 USD for a 30-day
term. The Company may elect to renew the engagement at any point
during the term. The Services will include, but are not limited to,
video news recaps covering latest news releases and press release
editorial syndication. Consideration paid to FBMN does not include
any securities of the Company (address: 3 Columbus Circle 15th
Floor, New York, 877-601-1879).
The Company has engaged aktiencheck.de AG (“aktiencheck”) for a
fee of 20,000 euros for a 30-day term effective May 2, 2024. The
Company may elect to extend the engagement at any point during the
term. The Services will include, but are not limited to editorial
write-ups, translation, search engine marketing, native advertising
and email marketing. Consideration paid to aktiencheck does not
include any securities of the Company (address: Bahnhofstr. 6,
56470 Bad Marienberg, Germany, info@aktiencheck.de).
The Company has engaged InvestorsHub.com Inc. (“InvestorsHub”)
for news release dissemination services for a fee of $4,800 USD
effective May 7, 2024 until the budget is exhausted. The Company
may elect to renew the engagement in the future. Consideration paid
to InvestorsHub does not include any securities of the Company
(address: PO Box 780, Harrisonville, MO 6470, 888-498-5839).
About Cannabix Technologies Inc.
Cannabix Technologies Inc. is a developer of marijuana and
alcohol breathalyzer technologies for law enforcement, workplaces
and laboratories. Cannabix is developing delta-9 THC and alcohol
screening devices. Delta-9 THC is the psychoactive component of
marijuana that causes impairment. Breath testing for delta-9 THC
would allow employers and law enforcement to identify recent
marijuana use. Cannabix is the developer of its Breath Logix Series
of breath alcohol detection devices for employers and a range of
other settings.
We seek Safe Harbor.
On behalf of the Board of Directors
“Rav Mlait”
CEOCannabix 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 StatementsThis
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 its development of
breathalyzer technology will provide any benefit to the Company,
and no assurance that any proposed new products will be built, will
be successful in beta testing or clinical trials. There is no
assurance that evaluators of the Company’s breathalyzer technology
will agree or come to terms on distribution or enter into a sales
agreement, of any kind. 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.
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