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Cannabix Technologies Inc (TSE:BLO)
:BLO
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Cannabix Technologies (BLO) Price & Analysis

68 Followers

BLO Stock Chart & Stats

C$0.51
C$0.03(5.66%)
At close: 4:00 PM EDT
C$0.51
C$0.03(5.66%)

Bulls Say, Bears Say

Bulls Say
Low Financial LeverageModest debt and low debt-to-equity reduce fixed financial obligations and near-term solvency pressure. This gives the company more flexibility to direct available resources toward research, product development, and commercialization rather than servicing a heavily leveraged balance sheet.
Specialized Technology FocusA focused product strategy targeting workplace, law-enforcement, and public-safety applications gives the business a defined technology niche. If its devices achieve adoption, this specialized positioning could support differentiated demand across multiple institutional use cases.
Cash Burn Tracks Reported LossesCash consumption broadly matching reported losses suggests the company’s funding need is primarily tied to operating unprofitability rather than materially larger cash outflows hidden elsewhere. That alignment can make future funding requirements easier to assess as commercialization develops.
Bears Say
No Meaningful RevenueSeveral years of effectively zero revenue show that the company has not yet demonstrated meaningful commercial traction. Without a proven revenue base, future development remains dependent on converting its technology into sustained customer adoption and recurring sales.
Persistent Losses And Negative Gross ProfitWidening net losses alongside recurring negative gross profit indicate that current activity is not covering the cost base. This weak operating economics can constrain reinvestment, delay self-funded growth, and increase the company’s dependence on external capital.
Equity Erosion And Ongoing Cash BurnThe sharp reduction in equity reflects the cumulative effect of sustained losses, while recurring negative operating and free cash flow confirms that the business has not become self-funding. Continued erosion may reduce financial resilience and raise future financing pressure.

Cannabix Technologies News

BLO FAQ

What was Cannabix Technologies Inc’s price range in the past 12 months?
Cannabix Technologies Inc lowest stock price was C$0.35 and its highest was C$0.95 in the past 12 months.
    What is Cannabix Technologies Inc’s market cap?
    Cannabix Technologies Inc’s market cap is C$47.91M.
      When is Cannabix Technologies Inc’s upcoming earnings report date?
      Cannabix Technologies Inc’s upcoming earnings report date is Sep 29, 2026 which is in 3 days.
        How were Cannabix Technologies Inc’s earnings last quarter?
        Cannabix Technologies Inc released its earnings results on Mar 25, 2026. The company reported -C$0.003 earnings per share for the quarter.
          Is Cannabix Technologies Inc overvalued?
          According to Wall Street analysts Cannabix Technologies Inc’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
            Does Cannabix Technologies Inc pay dividends?
            Cannabix Technologies Inc does not currently pay dividends.
            What is Cannabix Technologies Inc’s EPS estimate?
            Cannabix Technologies Inc’s EPS estimate for its next earnings report is not yet available.
            How many shares outstanding does Cannabix Technologies Inc have?
            Cannabix Technologies Inc has 122,842,766 shares outstanding.
              What happened to Cannabix Technologies Inc’s price movement after its last earnings report?
              Cannabix Technologies Inc reported an EPS of -C$0.003 in its last earnings report. Following the earnings report the stock price went down -7.317%.
                Which hedge fund is a major shareholder of Cannabix Technologies Inc?
                Currently, no hedge funds are holding shares in TSE:BLO
                What is the TipRanks Smart Score and how is it calculated?
                Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                  Company Description

                  Cannabix Technologies Inc

                  Cannabix Technologies Inc., a technology company, develops marijuana and alcohol breathalyzer technologies for employers, law enforcement, workplaces, and laboratories in the United States. It offers Cannabix Marijuana Breath Test (MBT) for Tetrahydrocannabinol (THC) detection and quantification; Cannabix breath collection unit and breath cartridge for human breath sample collection, storage, and transportation. The company also provides BreathLogix alcohol breathalyzer, an autonomous alcohol screening system that enables screening of employees, contractors, and visitors in mining, construction, and oil and gas industries; and BreathLogix Connect (BLC), a cloud platform that is designed for streamlining data. It has a strategic partnership and development agreement with Omega Laboratories Inc. for the development and commercialization of the MBT technology. The company was formerly known as West Point Resources Inc. and changed its name to Cannabix Technologies Inc. in August 2014. Cannabix Technologies Inc. was incorporated in 2011 and is based in Burnaby, Canada.

                  Cannabix Technologies (BLO) Earnings & Revenues

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