Cannabix and AlcoPro Enter MOU for Marijuana Breathalyzer Marketing
January 24 2025 - 8:45AM
Cannabix Technologies Inc. (CSE: BLO) (OTC PINK: BLOZF) (Frankfurt:
8CT) (the “Company” or “Cannabix”) developer of marijuana and
alcohol breath testing devices is pleased to report that it has
entered a memorandum of understanding (“MOU”) with AlcoPro Inc.
(“AlcoPro”) of Knoxville, TN, to begin collaborating on marketing
efforts for the Cannabix Marijuana Breathalyzer (“CMB”) technology
in the United States. In the short-term, AlcoPro will include the
CMB hardware in its upcoming 2025 product catalogue, mailed to
over 70,000 businesses in U.S. and globally. AlcoPro is a
well-established distributor and leading supplier of drug and
alcohol testing instruments, kits, and supplies for professional
use, since 1982.
The objective of the MOU is to establish
preliminary marketing exposure of the CMB to AlcoPro customers,
gauge interest and work towards a future distribution agreement.
Cannabix recently upgraded its Breath Collection Unit (“BCU”) – a
critical hardware tool used for portable collection of delta-9 THC
in breath (image below). Cannabix is quickly advancing its
marijuana breathalyzer technology, with key validation work well
underway in the United States.
Cannabix Breath Collection Unit (“BCU”) with
Breath Cartridge technology.
Rav Mlait, CEO of Cannabix stated, “We are very pleased to be
building a relationship with AlcoPro to begin preliminary marketing
of our technology. The Company continues to advance its marijuana
breathalyzer technology with key scientific validations and testing
which are well underway.”
Brian Terry, Director of Business Development of AlcoPro stated,
“We are thrilled to establish a relationship with Cannabix
Technologies, broadening our focus from providing physical testing
tools to embracing innovative technologies that address the growing
need for accurate and reliable THC detection. As workplace safety
challenges evolve, it’s critical to stay at the forefront of
solutions that proactively mitigate risks and ensure a safer
environment for employees.”
About AlcoPro, Inc.
Since 1982, AlcoPro has been a trusted leader in drug and
alcohol testing solutions for employers, healthcare professionals,
law enforcement, and substance abuse specialists. Known for
reliable instruments like market-leading breathalyzers, AlcoPro
also offers innovative online training with interactive tools to
enhance knowledge retention. With a comprehensive product catalog,
easy online ordering, and expert support, AlcoPro makes workplace
testing simple, accurate, and professional. Learn more at
www.AlcoPro.com.
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
primary psychoactive ingredient in cannabis. 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.
Cautionary Statement Regarding Forward-Looking
Statements
This news release contains certain
"forward-looking statements" within the meaning of such statements
under applicable securities law. Forward-looking statements are
frequently characterized by words such as "anticipates," "plan,"
"continue," "expect," "project," "intend," "believe," "anticipate,"
"estimate," "may," "will," "potential," "proposed," "positioned"
and other similar words, or statements that certain events or
conditions "may" or "will" occur. Forward-looking statements in
this news release include, but are not limited to, statements
relating to: the achievement of any or all of the goals and aims of
an “MOU” or partnerships as described in this news release; final
development of a commercial or prototype product(s); the successful
trial or pilot of company technologies; the commercialization of
the Company's products; the negotiation and potential entry into
additional agreements with existing and new partners; and the
completion of future financings. 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. Important factors that could cause
actual results to differ materially from those expressed in the
forward-looking information include (but are note limited to):
adverse market conditions; risks regarding protection of
proprietary technology; the ability of the Company to complete
future financings; the ability of the Company to develop and market
its future product; risks regarding government regulation, managing
and maintaining growth, the effect of adverse publicity,
litigation, competition; that partners may not complete all or any
of the milestones as contemplated strategic partnership agreements;
that the CSE may not approve the issuance of the securities; that
the Company’s development of breathalyzer technology will provide
any benefit to the Company; there is no assurance that any proposed
new products will be built, will be successful in beta testing or
clinical trials; there is no assurance that the Company will enter
into any partnerships to advance any of its corporate initiatives
or technologies; there is no assurance that any “patent pending” or
“provisional patents” technologies licensed by the Company or owned
by the Company will receive patent status by regulatory
authorities; the Company is not currently selling breathalyzers and
there is no assurance that the Company ever will; and other factors
beyond the control of the Company. 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.
The CSE has not reviewed and does not accept responsibility for
the adequacy or accuracy of this release.
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/2f91b399-d164-47d1-a74c-d9bde9f1f867
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