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SAFE SUPPLY STREAMING CO - SSPLF STOCK NEWS

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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.

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Safe Supply Streaming Corp. (CSE: SPLY) has appointed Richard Paolone to its Board of Directors, enhancing its executive depth. Paolone, a Toronto-based securities lawyer, brings extensive experience in corporate finance, securities law, and M&A. He has been advising Safe Supply on strategic business initiatives and has a track record of representing companies in public and private offerings across various sectors.

The company has also issued 1,000,000 options to Directors, priced at $0.05, expiring in three years, and vesting quarterly. Safe Supply Streaming Corp. is focused on transforming the med-tech landscape through innovative technologies, aiming to enhance healthcare and safety while driving stakeholder value.

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Safe Supply Streaming Co (CSE: SPLY) (OTCQB: SSPLF) announces the commercial acceleration of its portfolio company Safety Strips Tech Corp's Drink Spike test strips in response to new U.S. legislation. California bars and nightclubs are now legally required to offer test kits for detecting date rape drugs, effective July 1, 2024. Safety Strips is the first to achieve mass-scale readiness in California, positioning itself as an industry leader in drug detection technology.

The legislation, Assembly Bill No. 1013, mandates that approximately 2400 establishments with a Type 48 license must display signage informing patrons of available drug testing kits. Safety Strips, following an expansion agreement with Greenlane Holdings, Inc. (NASDAQ: GNLN), is set to meet the anticipated demand surge as California businesses comply with the new regulations.

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Safe Supply Streaming Co (CSE: SPLY) (OTCQB: SSPLF) announces a major expansion for its portfolio company, Safety Strips Tech Corp. Safety Strips has partnered with Greenlane Holdings, Inc. (NASDAQ: GNLN) to distribute harm reduction test strips for fentanyl, drink spike, and xylazine across the United States. This partnership leverages Greenlane's extensive network of over 11,000 retailers and 7,000 retail doors nationwide.

Key highlights include:

  • Access to Greenlane's experienced U.S. sales team
  • Potential for rapid revenue growth and market expansion
  • Introduction of Wellness Strips for at-home health testing
  • Integration of AI-powered technology for data analysis
  • Addressing the opioid crisis with high-sensitivity detection products
The partnership aims to capitalize on the growing demand for safety solutions in the U.S., particularly in light of the ongoing opioid crisis and recent policy changes regarding fentanyl test strips.

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Safe Supply Streaming Corp. (CSE: SPLY) has announced significant updates to its Board of Directors as part of its strategic transformation into a med-tech company. Brian Tanner, a Corporate Development Executive with over 25 years of sales experience, has joined the board. Tanner brings expertise in omnichannel sales, marketing, and strategic growth, particularly in Consumer Packaged Goods and Medical Devices. His appointment is expected to be invaluable as the company evolves its focus.

Concurrently, Jack Bensimon has resigned from the Board of Directors. The company expressed gratitude for his contributions. These changes mark a pivotal step in Safe Supply Streaming Corp.'s strategic direction, emphasizing its commitment to leveraging innovative technologies in healthcare and safety.

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Safe Supply Streaming Co (CSE: SPLY, FSE: QM4, OTCQB: SSPLF) announced the resignation of Frank Salvati from its Board of Directors, effective immediately. The company is evaluating options for the future composition of the Board and will provide an update upon identifying a replacement. CEO Bill Panagiotakopoulos expressed gratitude for Salvati's contributions and reaffirmed the company's commitment to investing in emerging tech and medical testing sectors to address healthcare challenges.

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Safe Supply Streaming Corp. announced a strategic expansion into AI-powered healthcare solutions focusing on medical testing, mental health, addiction treatment, and safe supply methodologies. The company aims to explore M&A opportunities and partnerships to capitalize on the growth of the medical testing market, projected to reach $175 billion by 2025. With the opioid crisis driving the need for effective solutions, Safe Supply's methodologies aim to provide lower-risk alternatives. The healthcare AI market, expected to grow significantly, offers opportunities for Safe Supply to enhance its service offerings. The company has suspended funding commitments to 2683450 Ontario Inc. and CannaLabs, pivoting towards more favorable investments. The suspension of LIFE and ATM financings was also announced.

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Safe Supply Streaming Co provided a corporate update on its portfolio company, Safety Strips, at an investor conference in New York. Safety Strips, under the leadership of CEO Geoff Benic, is focused on addressing the opioid crisis with innovative products. The company is actively expanding its market presence, refining packaging, and building partnerships to drive growth. Safety Strips is committed to regulatory compliance and aims to establish itself as a market leader.

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Safe Supply Streaming Co (SSPLF) reaffirmed its commitment to addressing the global addiction crisis through innovative solutions amidst the evolving regulatory landscape. The company is strategically positioned at the intersection of public health and technology, with investments in vital assets like Safety Strips and CannaLabs. By expanding its licensing portfolio and advocating for comprehensive public health strategies, Safe Supply Streaming aims to shape the future of addiction treatment and prevention.

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Safe Supply Streaming Co announces a non-brokered private placement by its portfolio company Safety Strips Technology Corp., raising up to C$750,000. Safety Strips, valued at $7,000,000 pre-financing, is set to launch innovative consumer-packaged safety strips targeting the fentanyl test strip market. The company is in talks with major retailers and U.S. distributors to drive immediate revenue growth.
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Safe Supply Streaming Co Ltd. (OTCQB: SSPLF) acquires a 7% stake in Safety Strips Tech Corp., paying $50,000 cash and 3 million common shares. Safety Strips shows significant progress in commercialization efforts with innovative packaging solutions and discussions with U.S. retailers. Safe Supply's strategic investments focus on immediate revenue generation and long-term growth. CEO advocates for Safety Strips integration in harm reduction strategies. Safety Strips aims to address the fentanyl crisis with reliable test strips. Corporate updates include RSUs issuance and stock options recapture.
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FAQ

What is the current stock price of SAFE SUPPLY STREAMING CO (SSPLF)?

The current stock price of SAFE SUPPLY STREAMING CO (SSPLF) is $0.0213 as of December 16, 2024.

What is the market cap of SAFE SUPPLY STREAMING CO (SSPLF)?

The market cap of SAFE SUPPLY STREAMING CO (SSPLF) is approximately 1.6M.

What does Safe Supply Streaming Co Ltd. focus on?

Safe Supply Streaming Co Ltd. focuses on strategic investments in harm reduction and medical technology to address critical health crises and offer life-saving interventions.

What recent acquisition has Safe Supply made?

Safe Supply recently acquired a 7% interest in Safety Strips Tech Corp., a harm reduction company specializing in developing innovative technologies to combat the opioid crisis.

What is the strategic focus of Safe Supply Streaming Co Ltd. moving forward?

Safe Supply Streaming Co Ltd. is expanding its focus into medical testing and AI-powered healthcare solutions, including advancements in mental health, addiction treatment, and safe supply methodologies.

What market opportunities is Safe Supply leveraging?

Safe Supply sees significant opportunities in the global medical testing market, the opioid addiction treatment market, and the AI-powered healthcare market to drive innovation and capture market share.

What recent corporate updates has Safe Supply announced?

Safe Supply has suspended funding commitments to 2683450 Ontario Inc., released funding obligations with CannaLabs, and is pivoting towards investments in other industry verticals with more favorable risk-reward profiles.

SAFE SUPPLY STREAMING CO

OTC:SSPLF

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1.61M
74.62M
16.93%
Asset Management
Financial Services
United States of America
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