Green’s Dictionary of Slang

C and M n.

[C n.3 (1) + M n. (1)]

(drugs) a cocaine and morphine mixture.

[US]Goldin et al. DAUL 39/2: C-and-M. A mixture of cocaine and morphine. ‘Them junkeys (drug addicts) hooked on (habituated to) c-and-m would rat (inform) on their mothers for the whizz-bang (potent drug mixture).’.
[US]C. Himes Imabelle 30: Goldy cooked a C and M speedball over the flame.
[US]C. Himes Rage in Harlem (1969) 31: [as 1957].
[US]E.E. Landy Underground Dict. (1972).
[US]ONDCP Street Terms 5: C & M — Cocaine and morphine.