- Safe Supply Streaming, a stock investing in legal cocaine, applauds a recent statement from Amsterdam mayor Femke Halsema
- In an interview with local newspaper, Halsema explained that this approach is all about preventing damage caused by the Netherlands’ war on drugs
- Bill Panagiotakopoulos, Safe Supply’s CEO said we are witnessing a big shift in public perception of drug decriminalization, and more drug policy reforms are coming in the near term
- Safe Supply last traded at C$0.10 per share
Safe Supply Streaming (CSE:SPLY), a stock investing in legal cocaine, applauds a recent statement from Amsterdam mayor Femke Halsema.
Halsema called for the new regulation of the sale and use of narcotics, primarily cocaine, to counteract the economics of illegal enterprises “racking up billions in profit.”
In an interview with local newspaper Het Financieele Dagblad, Halsema explained this approach is all about preventing damage caused by the Netherlands’ war on drugs.
“Let us conclude that hundreds of years of discouragement and repression have achieved very little. Apparently, people have a need for stimulants,” the mayor said in the interview. “There is a market for that.”
Halsema told Bloomberg in 2022 that, “The war on drugs is only good news for organized crime.” The Netherlands, alongside the rest of Europe, has seen a big increase in cocaine shipments over the past year. In 2023, Dutch customs seized nearly 60 metric tons of cocaine, up from 51 tons in the previous year.
“This development in one of European capitals provides more proof of the narrative we have been communicating to the public,” Bill Panagiotakopoulos, Safe Supply’s CEO said in a news release. “We are witnessing a big shift in public perception of drug decriminalization, and there are more drug policy reforms to come in the near term. Safe Supply is dedicated to its mission of being at the forefront of a responsible end to the war on drugs, and we look forward to the headway in this field.”
The mayor organized a public debate on the subject on Friday.
Pharmaceutical penny stock Safe Supply Streaming Co. is investing in and incubating companies focused on capitalizing on the decriminalization, regulation and legalization of drugs, including psychedelics and cocaine. Its areas of interest include clinical, manufacturing and distribution infrastructure.
Safe Supply last traded at C$0.10 per share.
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