Don't do this. Not only would i not want to smoke food dye, but it would color whatever you are smoking it out of, and be a generally unpleasant thing.
And some people produce dark red goo, or crystals because they have a higher ratio of jungle spices as apposed to regular DMT. So, actual pre-planning can lead you to customize your own extractions and perfect your spice.
Don't sell it, this is a spice that does not deserve to be treated commercially. When someone realizes that you have willingly donated a trip with them, they respect that. And it can change the reflection of the experience from recreational to educational. And also, why are you trying to fool people? Your spice should look just like your spice needs to look.