September 19, 2024 — In a recent interview with InvestorNews host Tracy Hughes, Geoff Benic, CEO of Safety Strips Tech Corp., discussed the significant impact of California’s new legislation on the company. As of July 1, 2024, California law mandates establishments serving alcohol to provide drug testing kits, a move aimed at combating the growing threat of drink spiking. Benic emphasized, “We’re one of the leaders in terms of having a great test kit that is cost-effective, very efficient, and readily available in the state of California.” He also highlighted California’s role as a trendsetter, suggesting that this legislation could potentially extend across North America, benefiting Safety Strips’ business model. With their Drink Spike Test kits meeting the requirements of Assembly Bill No. 1013, Benic expressed confidence in their ability to protect public health while capitalizing on this new market opportunity.
Benic further elaborated on Safety Strips’ distribution strategy, revealing their partnership with Greenlane Holdings Inc.(NASDAQ: …