Saturday, November 22, 2025
INBV News
Submit Video
  • Login
  • Register
  • Home
  • Business
  • Entertainment
  • Health
  • Lifestyle
  • Politics
  • Sports
  • Technology
  • Travel
  • Weather
  • World News
  • Videos
  • More
    • Podcasts
    • Reels
    • Live Video Stream
No Result
View All Result
  • Home
  • Business
  • Entertainment
  • Health
  • Lifestyle
  • Politics
  • Sports
  • Technology
  • Travel
  • Weather
  • World News
  • Videos
  • More
    • Podcasts
    • Reels
    • Live Video Stream
No Result
View All Result
INBV News
No Result
View All Result
Home Business

NJ factory imports cocaine plant for Coca-Cola as a result of DEA arrangement

INBV News by INBV News
April 2, 2023
in Business
379 20
0
NJ factory imports cocaine plant for Coca-Cola as a result of DEA arrangement
548
SHARES
2.5k
VIEWS
Share on FacebookShare on Twitter

Guess you actually can’t beat the true thing.

RELATED POSTS

3 people dead in Toronto office shooting near daycare | Canada Tonight

Citigroup, JPMorgan Chase, Goldman Sachs hit by regulators

Coca-Cola gets its iconic taste thanks partly to a chemical processing factory in a sleepy Latest Jersey neighborhood that has the country’s only license to import the plant used to make cocaine.

The Maywood-based facility, now managed by the Stepan Company, has been processing coca leaves for the soft-drink giant for greater than a century and had its license to import them renewed by the Drug Enforcement Agency earlier this 12 months.

The coca leaves are used to create a “decocainized” ingredient for the soda and the leftover byproduct is sold to the opioid manufacturing company Mallinckrodt, which uses the powder to make a numbing agent for dentists, DailyMail reported.

It’s unclear how much coca leaves the Stepan Company imports annually, although the Latest York Times reported in 1988 that it brought in between 56 and 588 metric tons of coca leaves from Peru and Bolivia annually, citing DEA figures.

Coca LeavesThe Stepan Company in Maywood, Latest Jersey, has the country’s only license to import bulk shipments of coca leaves, that are used to make cocaine. Getty Images/iStockphoto

One ton of coca leaf costs over $5,500 in Peru, so the Stepan Company can be paying between $308,000 and $3.2 million for the shipment of the illicit leaves if the quantity it imports has remained constant over the many years, in line with data from agricultural company Selina Wamucii.

Ricardo Cortés, creator of 2012’s “A Secret History of Coffee, Coca and Cola,” wrote that he obtained records from the National Company of the Coca, a Peruvian state-owned company, which showed that as much as 104 tons of coca leaves were exported to Maywood annually between 2007 and 2010.

Importing coca leaves was banned in 1921, however the laws left an exemption for Maywood Chemical Works, which ran the factory before Stepan Company bought the positioning in 1959.

Coca-Cola on a shelfThe plant in Maywood has been processing coca leaves for Coca-Cola for greater than a century. Jeffrey Greenberg/UCG/Universal Images Group via Getty Images

Meanwhile, the legal exemption the factory has received helped the Coca-Cola brand to change into the huge globally recognized company it now’s, with is value around $265 billion.

“Coca-Cola’s success because the mega-company it’s today is due, not less than partly, to special privileges granted by government during World War II, and the suppression of potential competitors within the early years of Harry Anslinger’s anti-drug policies,” Australian economics think tank Mises Institute wrote in a 2016 article.

Anslinger was the previous head of the Federal Bureau of Narcotics between 1930 and 1962 and is widely known as an early proponent of the war on drugs who had a significant role within the federal criminalization of marijuana.

Stepan CompanyThe Stepan Company processes the coca leaves to flavor Coca-Cola.Google Earth

Cortés wrote in a 2016 blog post that he visited the National Archives and saw letters between Anslinger and Maywood Chemical Works joining forces to deflect a Life Magazine reporter’s story concerning the coca leaf importation.

“We don’t desire the publicity which such an article might bring us,” Maywood Chemical’s President M.J. Hartung wrote to Anslinger in 1949.

The subsequent 12 months, the Federal Bureau of Narcotics filed an internal memo regarding the matter.

“Less publicity of articles about coca leaves and narcotic drugs can be higher for the general public,” the memo from July 1950 reads, occurring to call past coverage of the difficulty unsatisfactory.

1

Do Most business make enough to live off of?

Tags: arrangementCocaColacocaineDEAdueFactoryimportsPlant
Share219Tweet137
INBV News

INBV News

Related Posts

edit post
3 people dead in Toronto office shooting near daycare | Canada Tonight

3 people dead in Toronto office shooting near daycare | Canada Tonight

by INBV News
June 30, 2024
0

Three adults are dead after a shooting contained in the lobby of a North York business office in Toronto. The...

edit post
Citigroup, JPMorgan Chase, Goldman Sachs hit by regulators

Citigroup, JPMorgan Chase, Goldman Sachs hit by regulators

by INBV News
June 21, 2024
0

Jane Fraser, CEO of Citigroup, testifies through the Senate Banking, Housing, and Urban Affairs Committee hearing titled Annual Oversight of...

edit post
American Airlines flight attendants move closer to strike, fail to achieve deal on recent contract with airline

American Airlines flight attendants move closer to strike, fail to achieve deal on recent contract with airline

by INBV News
June 21, 2024
0

A union representing flight attendants for American Airlines Group said on Thursday that the newest round of talks with the carrier...

edit post
SpaceX unveils ‘Starlink Mini’ satellite web antenna for $599

SpaceX unveils ‘Starlink Mini’ satellite web antenna for $599

by INBV News
June 21, 2024
0

Starlink Mini promotional image.SpaceX customer email sent June 19, 2024.SpaceX is rolling out a compact version of its Starlink antennas,...

edit post
MacKenzie Scott gave $2M to group with ties to pro-Palestinian organization

MacKenzie Scott gave $2M to group with ties to pro-Palestinian organization

by INBV News
June 20, 2024
0

MacKenzie Scott donated $2 million to an activist group that reportedly has links to a Philadelphia-based organization that staged a...

Next Post
edit post
WATCH LIVE: President Biden addresses deadly Nashville school shooting | ABC News Special Report

WATCH LIVE: President Biden addresses deadly Nashville school shooting | ABC News Special Report

edit post
Bruce Springsteen concert

Bruce Springsteen concert

CATEGORIES

  • Business
  • Entertainment
  • Health
  • Lifestyle
  • Podcast
  • Politics
  • Sports
  • Technology
  • Travel
  • Videos
  • Weather
  • World News

CATEGORY

  • Business
  • Entertainment
  • Health
  • Lifestyle
  • Podcast
  • Politics
  • Sports
  • Technology
  • Travel
  • Videos
  • Weather
  • World News

SITE LINKS

  • About us
  • Contact us
  • Privacy Policy
  • Terms and Conditions
  • Disclaimer
  • DMCA

[mailpoet_form id=”1″]

  • About us
  • Contact us
  • Privacy Policy
  • Terms and Conditions
  • Disclaimer
  • DMCA

© 2022. All Right Reserved By Inbvnews.com

No Result
View All Result
  • Home
  • Business
  • Entertainment
  • Health
  • Lifestyle
  • Politics
  • Sports
  • Technology
  • Travel
  • Weather
  • World News
  • Videos
  • More
    • Podcasts
    • Reels
    • Live Video Stream

© 2022. All Right Reserved By Inbvnews.com

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist