Cultivar Holdings Inc. Announces Collaboration with Scientists from the Indian Institute of Technology for Advancement of its Impairment Detection Technology for Cannabis and Alcohol
Cultivar Holdings Inc. (CNSX:CULT.CN) is a cannabis technology company developing artificial intelligence powered impairment detection tools for cannabis as well as alcohol for workplace and law enforcement and is expected to see major growth into 2020 and beyond.
Companies Like Cultivar Holdings (CSE:CULT) Are In A Position To Invest In Growth
Simply Wall St March 20, 2020
Even when a business is losing money, it’s possible for shareholders to make money if they buy a good business at the right price. For example, although Amazon.com made losses for many years after listing, if you had bought and held the shares since 1999, you would have made a fortune. Having said that, unprofitable companies are risky because they could potentially burn through all their cash and become distressed.
Society is used to using traditional testing measures to test alcohol impairment. While these mostly work well for alcohol, the problem is that conventional testing does not work well for cannabis. This is because THC levels have generally been found to have no correlation with impairment.