Canadian Firm Safe Supply Lists In The USA – Betting On Regulated Cocaine In The US Market

Here’s a slightly florid report from the NY Post

A company that just listed shares in the US is making a brazen bet that cocaine will be legalized.

Canada-based Safe Supply claims it’s on “the forefront of the third wave of drug policy reform” – and is lobbying for an end to the war on drugs and the legalization of banned substances like LSD and cocaine, a source told On The Money.

The company, publicly traded in Canada and valued at just around $8.6 million, listed on an over-the-counter exchange in the US last week.

Safe Supply believes that, much like CBD and adaptogenic mushrooms led the way for the decriminalization and legalization of weed and psychedelic mushrooms in some states, a rise in the popularity of the coca leaf — which is nontoxic and nonaddictive, according to the National Institute of Health — will lead the way to cocaine legalization.

In the short term, the company plans to invest in legal coca products, claiming they can do everything from increase energy to address digestive issues. In fact, they are working on bringing several beverages containing coca extract – a legal substance – to market in the US next year.

https://nypost.com/2024/01/25/business/canada-firm-brazenly-bets-on-cocaine-getting-legalized-in-us/

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