01:19 PM EDT, 07/11/2024 (MT Newswires) -- Cannabix Technologies ( BLOZF ) shares were last seen up 16% after the company on Thursday said early testing by Omega Laboratories of Cannabix' marijuana-breathalyzer technology has been positive.

Omega scientists "consistently detected and quantified" delta-9 THC from breath samples collected from subjects utilizing the Cannabix ( BLOZF ) breath collection unit.

Cannabix ( BLOZF ) recently entered into an agreement with Omega Laboratories to advance the development and commercialization of the breathalyzer technology.

The company said Omega Laboratories is an "international industry leader" in forensic drugs of abuse testing with over 6,000 clients worldwide.

Cannabix ( BLOZF ) shares were last seen up $0.08 to $0.58 on the Canadian Securities Exchange.

Price: 0.58, Change: +0.07, Percent Change: +13.73