A startup just listed on the Canadian Securities Exchange with a business model based on a provocative prediction: legal cocaine is coming.

Safe Supply Streaming Co. is betting on a so-called third wave of policy changes that would would decriminalize hard drugs, following similar measures making cannabis and psychedelics more mainstream. It plans to acquire companies that could benefit, such as fentanyl test-strip makers, addiction clinics and energy drinks containing coca leaf, according to Chief Executive Officer Bill Panagiotakopoulos. More From Bloomberg
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