I don’t think there’d be a way to clean the machine well-enough for food. Imagine the tiny specs of melted plastics that are hiding in the machine. On the other hand, to each their own. If you don’t mind it, go for it. I’ve done it myself. Doesn’t mean it was a good choice. But I’m still here.
I imagine burning through that stuff releases something harmful. But you’d want to check with the specific wrap you use.