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Trade Winds Ventures Inc

Publié le 26 janvier 2015

Cannabix Provides Alternative to Costly Drug Detection Tactics

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Cannabix Provides Alternative to Costly Drug Detection Tactics

WHITEFISH, MT / ACCESSWIRE / January 26, 2015 / Most drivers are familiar with breathalyzer tests, which quickly and accurately determine how much alcohol someone has consumed. Originally developed in the 1930s, the device determines how much ethanol is in the breath by measuring the electrical current between an anode and cathode. Law enforcement agencies around the world now use the device as both a preliminary screening and evidentiary tool to prosecute drunk drivers.

With the legalization of medical a nd adult-use marijuana in the U.S. and Canada, there is a growing demand for a device capable of testing for drivers that are impaired by marijuana, more specifically "THC". Law enforcement agencies have few tools at their disposal for detecting "high" drivers, with many agencies resorting to specialized police officer training programs. In many cases, a suspect that's taken in for such an offense must undergo lengthy testing from a "DRE" (more on this below) then undergo blood tests to confirm.

In this article, we'll take a look at the problems with the existing marijuana detection techniques and explore how one company is developing an innovative solution.

What's the Legal Limit?

The legal limits for driving under the influence ("DUI") for alcohol are well established throughout the country and around the world. If a driver tests above the legal limit, they are charged with a DUI and face penalties that vary by state and country. The legal limits for marijuana consumption - specifically THC, the psychoactive component of marijuana - are a lot less certain given the recency of legalization in many jurisdictions.

In Colorado and Washington State, where adult-use marijuana has been legalized for over a year, the legal limit for THC has been established at five or more nanograms per milliliter. Critics say that the level is unfair for marijuana users, since the drug metabolizes slowly and stays in the blood for a long time, while others argue that the blood or urine tests necessary to accurately measure THC are overly invasive to those who may not even be guilty.

There is also a lot of disagreement on what constitutes impairment when driving. While there's little doubt that driving "high" is dangerous, as evidenced by numerous vehicular studies, the five nanogram per milliliter limit appears more of an arbitrary pick rather than a number rooted in science, according to advocacy organizations like NORML. Furthermore, organizations like the Institute for Behavior and Health (IBH) argue that the 5 ng/ml per se limit provides the appearance of protecting the public, but in reality it only protects marijuana users driving under the influence of marijuana from prosecution. Nearly all marijuana users test below 5 ng/ml of active THC in blood only a few hours after their last use. Because of the unavoidably long delay between arrest and blood collection, it is certain that THC concentrations were higher when these drivers were stopped for suspicion of drugged driving because of rapidly declining THC levels after marijuana use stops[1]. Regulators across various states and countries will likely have to continue working to find the right legal limits over time as the debate has just started.

Drug Recognition & Testing

The single largest barrier in prosecuting those driving under the influence of marijuana is the testing process. Since the drug's legalization is so recent, the process of determining if someone is likely "high" and quantitatively testing the "high" is inefficient, invasive, and even costly for many law enforcement agencies. The good news is that at least one company is getting close to completing development of an innovative solution to the problem.

Currently, U.S. law enforcement officials undergo a training program to become a Drug Recognition Expert ("DRE"). These DREs detect behavioral patterns and use roadside tests to determine if someone is likely "high" before subjecting them to definitive blood or urine test. In Canada, the government has spent hundreds of thousands of dollars sending law enforcement officials to the U.S. to become trained as DREs and have only arrested a handful of people.

In 2012, just 1,126 drug impairment charges were made against Canadian drivers compared to 60,000 charges for alcohol impaired drivers. These numbers are partly due to the fact that there are just 570 active-duty DREs in the country. The cost of training police officers to become DREs can be between $5,800 and $17,000 each in recent years, while the true effectiveness of the techniques leaves a lot of room for improvement.

A Marijuana Breathalyzer

Cannabix Technologies Inc. (BLOZF) (CSE:BLO) is a company developing a hand-held marijuana breathalyzer for law enforcement that will look to provide instantaneous results at road-side as to whether there is THC in a person's system by way of breath testing. While the device remains in development, the company has been actively securing patents on the concepts and is working with a engineering firm to create the first prototypes, which could be used to test the efficacy and usability of the device.

The underlying research for breath testing for THC was originated at the Karolinska Institute in Sweden. In a 2010 paper published in the Journal of Analytical Toxicology, scientists described a method for determining the level of THC exhaled in breath. Cannabix has worked with this research to develop a device that can stand up to the rigors of police use in the field. It has done so by leveraging an experienced team of medical and business professionals.

Finally, the company's management team is well-qualified to execute on its vision and bring the product to market. President Kal Malhi worked as a Canadian Mountie for a decade, spending several years in the drug investigation team. In 2011, he left the force to focus his efforts in the business world and partnered with Dr. Raj Attariwala, who has a doctorate in biomedical engineering and works as a radiologist and nuclear medicine physician.

Conclusions

There are many different opportunities for investors interested in the marijuana space, ranging from growing operations like Tweed Marijuana Inc. (OTC:TWMJF) (TWD.V) to vaporizer manufacturers like Vape Holdings Inc. (VAPE). With its modest market capitalization, ongoing development of its breathalyzer prototype, and experienced management team at the helm, investors may want to take a closer look at Cannabix Technologies.

[1] http://www.instituteforbehaviorandhealth.org/pdfs/IBHCommentaryMarijuanaandDruggedDriving61013.pdf

About CannabisFN

Cannabis Financial Network (CannabisFN) is brought to you by TDM Financial, a financial media group and owner of SECFilings.com with over a decade of experience educating investors, profiling public companies, and developing specific investors audiences. CannabisFN is the largest dedicated financial network covering the cannabis and medical marijuana (MMJ) industries and educates investors, business developers and media on industry news, thought leader and executive perspectives, and the fluid regulatory environment while serving as a leading corporate communications platform to public and private companies operating in the industry.

To learn how your company can be covered on CannabisFN, visit http://www.cannabisfn.com/market-defining-companies-program/.

To subscribe to the CannabisFN weekly newsletter or read additional coverage on cannabis laws and investments, visit http://www.cannabisfn.com.

Legal Disclaimer

Except for the historical information presented herein, matters discussed in this article contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Emerging Growth LLC dba TDM Financial, which owns CannabisFN, is not registered with any financial or securities regulatory authority, and does not provide nor claims to provide investment advice or recommendations to readers of this release. Emerging Growth LLC dba TDM Financial, which owns CannabisFN, may from time to time have a position in the securities mentioned herein and may increase or decrease such positions without notice. For making specific investment decisions, readers should seek their own advice. Emerging Growth LLC dba TDM Financial, which owns CannabisFN, may be compensated for its services in the form of cash-based compensation or equity securities in the companies it writes about, or a combination of the two. For full disclosure please visit: http://www.cannabisfn.com/legal-disclaimer/.


SOURCE: Cannabis Financial Network

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Trade Winds Ventures Inc

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Trade Winds est une société d’exploration minière d'or et de cuivre basée au Canada.

Trade Winds détient divers projets d'exploration au Canada et en Chine.

Ses principaux projets en exploration sont DETOUR LAKE, BIRCH LAKE, GOWEST, TURNER LAKE PROPERTY, TREASURE MOUNTAIN, BLOCK A et DARDANELLES au Canada et SILU et TUOLE en Chine.

Trade Winds est cotée au Canada et aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 168,8 millions CA$ (127,4 millions US$, 113,7 millions €).

La valeur de son action a atteint son plus bas niveau récent le 24 octobre 2008 à 0,01 CA$, et son plus haut niveau récent le 04 avril 2014 à 4,75 CA$.

Trade Winds possède 93 240 000 actions en circulation.

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Rapports annuels de Trade Winds Ventures Inc
2007 Annual Report
Projets de Trade Winds Ventures Inc
22/08/2011(Block A)Intersects 3.08 g/t gold over 20.8 metres on Block A
14/07/2011(Block A)Intersects 4.18 g/t gold over 18.4 metres on Block A
05/05/2011(Block A)Trade Winds Ventures Completes Preliminary Metallurgical St...
31/03/2011(Block A)Announces Initial Results of 2011 Drilling on Block A
16/02/2011(Block A)Files Updated NI 43-101 Technical Report for Block A on SED...
03/02/2011(Block A)Reports Assays from Previously Unsampled Core from its Drill...
07/07/2010(Block A)Announces Preliminary Metallurgical Study
19/01/2010(Block A)Begins 2010 Drill Program on Block ARecieved:
15/12/2009(Block A) Plans 2010 Drilling On Block A Recieved:
28/05/2009(Block A)Completes Updated Mineral Resource EstimateRecieved:
27/05/2009(Detour Lake)Executes Joint Venture With Detour GoldRecieved:
19/09/2008Files NI 43-101 Report for Silu Lead-Zinc Property in China
22/07/2008(Detour Lake)Proceeds with NI 43-101
02/10/2007Intersects High Grade Gold, 120.83 grams/tonne over 1.50 met...
Communiqués de Presse de Trade Winds Ventures Inc
22/09/2015BEDROCAN CANADA AND TWEED ANNOUNCE MULTI-CENTRE LONGITUDINAL...
17/09/2015Bedrocan Canada and Tweed announce multi-centre longitudinal...
15/09/2015Tweed Looks to Control Nearly Half of Canadian Cannabis Mark...
04/09/2015Tweed Launches Community Engagement Centres and Acquires Int...
31/08/2015Tweed Marijuana Inc. Completes Acquisition of bedrocan Canna...
28/08/2015Tweed Quarterly Conference Call Details
27/08/2015Bedrocan Receives Additional License Capacity from Health Ca...
24/08/2015Bedrocan Announces Shareholder Approval of Plan of Arrangeme...
24/08/2015Bedrocan Domestic Production Facility Is Fully-Licensed by H...
20/08/2015Tweed Commences Cannabis Extraction, Provides Corporate Upda...
28/07/2015Bedrocan Receives Health Canada Approval to Sell Domesticall...
08/07/2015Tweed Updates Oil Extraction Efforts and Latest Product Offe...
08/07/2015Abba Medix Builds a Diversified Business
08/04/2015Testing the Limits: DigiPath Labs Targets Booming Nevada MMJ...
02/04/2015Tweed Marijuana grants stock options
01/04/2015April 1 Alert: Tweed R&D Discovers Exciting Genetic Mutation
25/03/2015Tweed Marijuana Inc. Announces Partial Exercise of Over-Allo...
17/03/2015Tweed Marijuana Inc. Closes $20 Million Bought Deal Financin...
26/02/2015Tweed Marijuana Inc. Releases Full Q4 Financials and Provide...
23/02/2015Canadian regulators warn on medical marijuana disclosures
20/02/2015Tweed Installs Aeroponics Pilot Project with Indoor Harvest
18/02/2015Tweed Marijuana releases key fourth quarter summary and prov...
10/02/2015Tweed and Canabo Medical Corporation Launch Collaborative Re...
26/01/2015Cannabix Provides Alternative to Costly Drug Detection Tacti...
05/01/2015Tweed Marijuana Inc. announces second license renewal and ma...
12/12/2014Canadian medical marijuana company PharmaCan to go public ne...
11/12/2014Tweed Provides Support to The Canadian AIDS Society
26/11/2014Tweed Marijuana Inc. Q3 Results and Operational Highlights
20/11/2014Enertopia Provides Footage of Planned MMPR Facility
19/11/2014Tweed announces license renewal
16/08/2011(Block A)Begins 20,000 Metre Drill Program on Block A
29/07/2011Analysis on Trade Winds Ventures TWD: TSX.V - TWDIF: OTC fro...
02/05/2011(Block A)Completes Preliminary Metallurgical Study on Block A
21/02/2011(Block A)Named to 2011 TSX Venture Top 50 Companies - Ranked 9th in M...
21/11/2008' Thanks You for Attending Online Presentation
12/08/2008Company Update
16/07/2008To Begin Exploration on BC Projects
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