- Safe Supply Streaming (CSE:SPLY), a stock investing in legal cocaine, has appointed Ronan Levy as president
- He previously served as co-founder and executive chairman of Reunion Neuroscience and chairman and CEO of Field Trip Health & Wellness
- Safe Supply Streaming Co. is investing to capitalize on the decriminalization, regulation and legalization of drugs, including psychedelics and cocaine
- The pharmaceutical penny stock (CSE:SPLY) is up by 32.14 per cent over the past year
Safe Supply Streaming (CSE:SPLY), a stock investing in legal cocaine, has appointed Ronan Levy as president.
Levy is a lawyer based in Ontario with more than 15 years of capital markets experience.
He served as co-founder and executive chairman of Reunion Neuroscience (acquired by MPM BioPharma in 2023) and chairman and CEO of Field Trip Health & Wellness.
He co-founded Canadian Cannabis Clinics and CanvasRx, which were acquired by Aurora Cannabis (TSX:ACB) in 2016, where he served as senior vice president, business & corporate affairs after the acquisition.
He is also co-founder of The Non-Ordinary Therapy Company, which specializes in improving periods of neuroplasticity, and co-founder of Harbour Coca, a leading coca leaf company.
Levy will now focus his attention on developing’s Safe Supply’s brand and investing strategy, as well as helping investee companies enhance their business models and strategies.
The news comes seven months after Adastra Holdings (CSE:XTRX) got into hot water after claiming the Canadian government had granted it a license to sell cocaine.
“Much of my professional career has been dedicated to helping bring a responsible end to the war on drugs. That motivation, along with my belief in the incredible therapeutic potential of plant-based medicines, is what inspired my work in the cannabis and psychedelics industries,” Levy said in a statement.
“Joining Safe Supply, which is advancing that work in a much broader sense, is a natural fit for me. Moreover, the team of former CEOs that Bill has brought together to lead Safe Supply, who collectively have decades of experience, is one of the most impressive I’ve seen. It gives me great confidence in the positive impact Safe Supply’s work will have on this world and the significant investment opportunity that it is creating,” he added.
“We are delighted to have Ronan join Safe Supply as president. His many years of experience building the cannabis and psychedelics industries gives him the knowledge, experience and connections to help us execute our mission to help bring a responsible end to the drug war,” added Bill Panagiotakopoulos, Safe Supply Streaming’s CEO.
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.
The pharmaceutical penny stock (CSE:SPLY) last traded at C$0.18 per share. The stock is up by 32.14 per cent over the past year.
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