National Coca Company

The National Company of the Coca (Spanish: Empresa Nacional de la Coca, ENACO) is a Peruvian state company dedicated to the commercialization of the coca leaf and derivatives. It is the only state company that has a monopoly on the commercialization and derivatives of the coca leaf. It was created in 1949.[1] In 1982, it became a state company under private law.

It has a list of 31,000 legal producers of coca leaf in Peru, who export between 130,000 and 150,000 kilos of coca leaves annually directly to the Stepan Company.[2][3] The Stepan Company extracts the cocaine for medicinal use. In 2002, a company called Kokka Royal Food & Drink began selling KDrink, which is a coca leaf-infused energy drink, similar to Coca Colla in Bolivia.[4][5]

Nonetheless, much of this cocaine enters the black market.[6] In 2023, one estimate was 90%.[7] The operation of the company is specified in Law 22095.

See also

  • Legal status of cocaine

References

  1. Beatriz Ferreira Engelke, Walter A. Gentner. Determination of Cocaine in 'Mate de Coca' Herbal Tea Journal of Pharmaceutical Sciences, January 1991^
  2. Limitaciones de Enaco generan mercado paralelo de hoja de coca en Perú | Economía | Gestion.pe retrieved 2019-03-16^
  3. The prohibition of coca leaves is an out-dated, colonial heirloom 15 August 2019^
  4. Juan Forero. New Peruvian Soft Drink Packs a Punch The New York Times, 10 June 2004^
  5. Company - KDrink retrieved 2020-02-22^
  6. "Al campesino no le queda otra alternativa que vender su coca al narcotráfico... Enaco paga un bajo precio" 11 August 2015^
  7. R Busnel, H Manrique López. The political economy of a failed drug reform: Insights from Peru's main legal coca valley. The International Journal on Drug Policy, July 2023^