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Red Light Holland Corp. TRUFF


Primary Symbol: C.TRIP Alternate Symbol(s):  C.TRIP.WT

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 include RLH Netherlands BV, RLH Farms BV, Red Light Holland (Subco 1) Inc., Red Light Holland (Subco 2) Inc., SR Wholesale B.V., Red Light Acquisition Inc., Radix Motion Inc. and others. SR Wholesale B.V. is specialized in the selection, distribution and export of products, such as Truffles, cannabidiol (CBD) products, cannabis seeds, smartshop items, headshop products, growshop goods and cannabis bake house muffins, cookies and cakes. Radix Motion Inc. is a technology and innovation company focused on empowering the psychedelic ecosystem with embodied technology.


CSE:TRIP - Post by User

Comment by SamRothsteinon Nov 29, 2021 11:11am
92 Views
Post# 34175810

RE:RE:RE:Financials

RE:RE:RE:FinancialsI realize gross profits isn't net income, but I wasn't expecting them to have net income yet. I don't think anyone was expecting that.  Most of the MJ companies that started up 5 or more years ago still don't have net income and TRIP is in business just over a year now.  As to the virtual reality dept I don't know where that will lead but I also think it is part of the branding efforts. Definitely agree we could use some institutional backing but i dont' think that will come until the Acadian facility is up and running, the financials said March 2022 for that.

BrokerG wrote: Thanks Sam but as you know gross profit is not net income. There operating expenses have increased substantially. Furtermore can someone please explain to me why we need a virtual reality dept?. I mean I have no idea what Sarah Haskins job is. Once microdosing can be sold recreationally throughout the world then maybe we need this virtual reality field. But for now this is just another expense to cut. So file the patent for this technology and think of it as an option for later use. Talk about the cart before the horse. I know it is really cool, but it is an unecessary expense at a time we are losing money.

Not that anyone is listening. But Todd and Bruce get out there and start banging on some institutional investors doors. That is really your only job.


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