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Bullboard - Stock Discussion Forum Red Light Holland Corp. C.TRIP

Alternate Symbol(s):  C.TRIP.W | TRUFF

Consumer Defensive Financial Services Tobacco Capital Markets
Red Light Holland Corp. is a Canada-based company. The Company is engaged in the production and sale of functional mushrooms and mushroom home grow kits in North America and Europe, and a premium brand of psilocybin truffles to the legal, recreational market within the Netherlands. The Company has geographical areas in the Netherlands, Canada and the United States. The Company’s subsidiaries... see more

CSE:TRIP - Post Discussion

Red Light Holland Corp. > TRIP: Nowhere To Go But Down
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Post by Flagshipzilla on Mar 25, 2022 4:01am

TRIP: Nowhere To Go But Down

As I said, the shroom industry isn't getting any more financings and TRIP is losing 1.1 million per quarter. Just 3 quarters ago they had 30 million, Now it's 27 million. They're losing around 4.5 million a year. TRIP isn't making any money soon. Do you think the model, comedian or the merchandise suited for a beer company that's normally given away for free will save them? The vultures are circling: https://www.greenmarketreport.com/mind-cure-is-shutting-down/
0
Comment by SamRothstein on Mar 25, 2022 10:58am
Oh no! If they keep losing 1.1 mil per quarter they will only make it another 6 years. Someone sound the alarum.  Of course, their revenue is also going up every quarter, and a lot can happen in 6 years.  But you don't need to worry about that. Just keep petting your goat. 
Comment by hurko87 on Mar 27, 2022 12:29am
This post has been removed in accordance with Community Policy
Red Light Holland Corp.
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