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Safe Supply Streaming Co. Ltd. Provides Investor Update on its Portfolio Company "Safety Strips Tech Corp."
GNLNGreenlane(GNLN) Newsfile·2024-11-11 13:08

Core Insights - Safe Supply Streaming Co. Ltd. is advancing its portfolio through a multi-year distribution agreement with Greenlane Holdings Inc. for Safety Strips Tech Corp.'s test strips, which are designed to detect dangerous substances like fentanyl and xylazine, addressing the opioid crisis [3][4][6] Product Overview - Safety Strips Tech Corp. specializes in medical testing technologies and harm reduction solutions, offering low-cost test strips that are ISO 13485 validated and capable of detecting trace amounts of synthetic opioids [4][6] - The testing process involves mixing a small sample with water and using the test strip for 15 seconds, with results available in approximately five minutes [5] Market Strategy - The company aims to leverage strategic partnerships and robust distribution networks to maximize the reach of its high-demand, high-margin products [1][6] - Plans are underway to explore opportunities within educational institutions and government programs to expand the impact of Safety Strips Tech Corp. [2] Management Statements - The CEO of Safety Strips Tech Corp. emphasized the growing demand for reliable and economical substance testing methods to prevent accidental overdoses and drug-related crimes [4] - The CEO of Safe Supply highlighted the unmatched quality and cost-efficiency of Safety Strips' technology, viewing the partnership with Greenlane as a cornerstone of its product expansion strategy [7] Company Background - Safe Supply Streaming Co. Ltd. focuses on harm reduction, wellness technology, and innovative solutions that address critical public health needs, aiming to enhance accessibility and awareness of products that mitigate risks associated with substance use [8]