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Safe Supply Streaming Co Ltd. (SSPLF) is a leading public company dedicated to enhancing public health outcomes through strategic investments in harm reduction and medical technology. The company focuses on innovative solutions and partnerships, aiming to address critical health crises and offer life-saving interventions. Safe Supply is actively engaged in discussions with various clinics in British Columbia and Ontario to position itself as the preferred supplier in anticipation of expanding prescribing powers for naturopathic doctors. Additionally, Safe Supply recently acquired a 7% interest in Safety Strips Tech Corp., a harm reduction company focused on developing innovative technologies to combat the opioid crisis. With a commitment to innovation and safety, Safe Supply is at the forefront of the emerging medical testing market.
Safe Supply Streaming Co (SSPLF) has completed its acquisition of Safety Strips Tech Corp., a private company specializing in harm reduction products, through a three-cornered amalgamation. The deal involved issuing 74,000,000 common shares to Safety Strips shareholders at an exchange ratio of 1.2748 Safe Supply shares for each Safety Strips share.
The company also entered into a consulting agreement with Raf Souccar, featuring a monthly fee of $7,500, potentially payable in shares, which will increase to $10,000 following post-amalgamation financing. Additionally, Safe Supply issued 3,700,000 finder fee shares and 1,502,000 shares to settle $90,120 in debt. Following the transaction, Safe Supply has 165,325,225 total shares outstanding.
The acquired shares are subject to contractual resale restrictions, with one-third being released after four, eight, and twelve months following the amalgamation close or upon filing a Business Acquisition Report.
Safe Supply Streaming Co (CSE: SPLY) (OTCQB: SSPLF) has announced a new initiative to donate fentanyl test kits to media offices. The company's Safety Strips product allows quick detection of fentanyl, xylazine, and drink-spiking substances in real-time.
This initiative comes following the tragic death of Telemundo reporter Adan Manzano during Super Bowl weekend in New Orleans, where authorities suspect a drug-related incident. The company aims to support journalists, event organizers, and nightlife professionals with harm reduction tools.
Media offices can request free kits by contacting Nikhil Karani at info@safesupply.com. The technology is designed to be portable, discreet, and easy to use, particularly targeting high-risk environments such as nightlife venues, music festivals, college campuses, and major events.
Safe Supply Streaming Co (SSPLF) has announced a definitive agreement to acquire the remaining 94.31% of Safety Strips Tech Corp. through a three-cornered amalgamation. Under the transaction, Safety Strips shareholders will receive 1.2748 Safe Supply common shares for each Safety Strips share held.
The company also appointed Raf Souccar, former Deputy Commissioner of Federal and International Policing in the RCMP, as a new director effective February 10, 2025. Souccar, who served on the Marijuana Legalization Task Force in 2016, will provide consulting services in governance and strategic advisory.
The acquisition strengthens Safe Supply's position in harm reduction and medical technology sectors, particularly in fentanyl and xylazine detection test strips and drink spike detection technology. The company has established revenue channels in California through drink spike test sales and implements a direct-to-consumer e-commerce strategy alongside direct-to-retail distribution.
Safe Supply Streaming Co (SSPLF) announces its position as one of the first public companies fighting the fentanyl crisis following its acquisition of Drug Lab 118 and its distribution rights to proprietary fentanyl test kits. The company, through its pending acquisition of Safety Strips Tech Corp., aims to lead in fentanyl trafficking prevention and overdose detection through retail distribution and education.
The company's strategy aligns with current trade policies and border security initiatives, particularly as fentanyl becomes a central issue in North American trade relations. Safe Supply's test kits are designed for law enforcement, border security, retailers, and consumers. Safety Strips has spent two years developing supply chains for fentanyl and drink-spiking detection kits, focusing on providing solutions to law enforcement, retailers, and consumers.
Safe Supply Streaming Co. (CSE: SPLY) (FSE: QM4) (OTCQB: SSPLF) announced the resignation of Brian Tanner from its Board of Directors on December 17, 2024. The company's board is evaluating options regarding future board composition and will announce any replacement when identified. CEO Bill Panagiotakopoulos stated that the company continues to focus on reviewing investments in emerging tech and medical testing companies while addressing healthcare challenges.
Safe Supply Streaming Co announces a strategic partnership between its portfolio company, Safety Strips Tech Corp, and Greenlane Holdings (NASDAQ: GNLN) for the distribution of Toxi Shield iodine tablets. The tablets, manufactured in a GMP-certified facility in the USA, are designed to protect the thyroid gland during radiation emergencies.
The agreement, dated November 7, 2024, grants Greenlane exclusive distribution rights globally. This collaboration aligns with recent directives from Swedish and Norwegian governments regarding potassium iodide tablet supplies and addresses growing concerns about nuclear safety and emergency preparedness.
Safe Supply Streaming Co (CSE: SPLY) has appointed Jordan Greenberg as its new Chief Financial Officer, effective December 3, 2024. Greenberg, a seasoned financial executive with extensive public company experience, replaces outgoing CFO Geoff Kritzinger. The leadership change comes as the company strengthens its position in the medical technology sector, particularly focusing on harm reduction tools following the acquisition of Drug Lab 118. The company's portfolio includes Safety Strips Tech Corp. and drink spike tests, marking its strategic shift into medical technology and public health solutions.
Safe Supply Streaming Co (SSPLF) has completed the acquisition of Drug Lab 118 in an all-share transaction, issuing 10 million common shares at $0.05 per share. The acquisition includes Drug Lab US's proprietary harm reduction test strips, strengthening Safe Supply's position in North American markets. The shares are subject to resale restrictions over 12 months, with one-third becoming tradeable at 4, 8, and 12-month intervals. Additionally, 1 million shares were issued as a finder's fee. Seymour Paul Ferreira joins Safe Supply's board, bringing health-tech expertise. The global drug testing and harm reduction market is projected to reach $11.83 billion by 2028 with a 5.0% CAGR.
Safe Supply Streaming Co. announces updates on its portfolio company Safety Strips Tech Corp., which has secured an exclusive U.S. distribution agreement with Greenlane Holdings Inc. for its proprietary test strips. The products detect substances like fentanyl and xylazine, addressing the opioid crisis through affordable testing solutions. The ISO 13485 validated Fentanyl Test Strip can detect trace amounts of synthetic opioids within five minutes. The company plans to expand distribution through universities and government programs, leveraging partnerships to maximize market reach of these high-margin products.
Safe Supply Streaming (SSPLF) has signed a definitive agreement to acquire 100% of Drug Lab 118 through a share purchase valued at $0.05 per share, totaling 10,000,000 common shares. The acquisition enhances Safe Supply's portfolio of proprietary products in the medical testing and harm reduction sector. The deal includes contractual resale restrictions over 12 months and the issuance of 1,000,000 finder fee shares. Drug Lab US brings expertise in harm reduction test strips development, strengthening Safe Supply's position in the North American market. The integration aims to address growing regulatory requirements and consumer safety needs in the rapidly expanding harm reduction market.
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