• Cannabix Technologies (BLO), a developer of marijuana breathalyzers, has appointed Dr. Mo Paknahad as its Vice President of Technology
  • Dr. Paknahad is a specialist in microfluidics, machine olfaction, sensors, organ-on-chip and lab-on-chip technologies
  • In conjunction with the appointment, Cannabix has also issued Dr. Paknahad 200,000 stock options at C$0.80, exercisable for two years
  • Shares in the company are currently up 2.94 per cent to C$0.70, with a market cap of C$73.59 million

Cannabix Technologies Inc. (BLO), a developer of marijuana breathalyzers, has appointed Dr. Moe Paknahad as Vice President of Technology.

Having spent the last decade researching biomedical and environmental detection devices, Dr. Paknahad will be responsible for leading the development of Cannabix’s THC breathalyzers.

Dr. Paknahad received a PhD in Electrical Engineering from the University of British Columbia and completed his post-doctorate at the University of Toronto.

With recent experience at CellScale Biomaterials and VitroFlo in Ontario, Dr. Paknahad is a specialist in microfluidics, machine olfaction, sensors, organ-on-chip and lab-on-chip technologies.

In addition, Dr. Paknahad served a key role at the University of British Columbia in the development of microfluidic gas analysis technology which is currently used in a wide range of applications, from human breath analysis to gas leak detection in natural gas infrastructures.

“Dr. Paknahad has deep knowledge of sensor technologies, pilot prototype production as well as commercialization and will be a great addition to our technical team for both microfluidic technologies and FAIMS,” said Dr. Raj Attariwala, Chief Scientific Officer of Cannabix.

In combination with the new appointment, Cannabix Technologies has also issued Dr. Paknahad 200,000 stock options at C$0.80, exercisable for a period of two years.

Earlier this year, Cannabix announced sensitivity improvements to its FAIMS (field asymmetric waveform ion mobility spectrometry) THC detection device, which was the subject of extensive refinement over the preceding months.

Shares in the company are currently up 2.94 per cent to C$0.70, with a market cap of C$73.59 million.

More From The Market Online

Greenway Cannabis notches global cannabis accreditation

Greenway Greenhouse Cannabis (CSE:GWA) receives CUMCS-G.A.P and GACP certification for its cultivation facility in Ontario.

The Market Online’s Weekly Cannabis Report – April 26, 2024

Tilray has been garnering attention lately. Its subsidiary, Montauk Brewing Company, announced the return of Project 4:20 India Pale Ale

Buzz on the Bullboards: A recap of recent activity and stocks in focus

After a major sell-off, stock markets have been on edge, monitoring corporate earnings to gauge the direction of the economy.

Unsung profits: Three microcap stocks with a strong case for value

A key factor behind picking winning microcap value stocks is identifying dislocations between company performance and market perception.