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Red Light Holland Corp. C.TRIP

Alternate Symbol(s):  TRUFF

Consumer Defensive Financial Services Tobacco Capital Markets
Red Light Holland Corp. is a Canada-based company. The Company is engaged in the production, growth, and sale of functional mushrooms and mushroom home grow kits in North America and Europe, as well as a premium brand of psilocybin truffles in the legal recreational market within the Netherlands. Its subsidiaries include RLH Netherlands BV, RLH Farms BV, Red Light Holland (Subco 1) Inc., SR Wholesale B.V., Red Light Acquisition Inc., and Radix Motion Inc., among others. Its product line consists of the iMicrodose kit, Maka Magic Truffles, Home Grow Mushroom Kits, MisterCap, and Wisdom Truffle, among others. The Maka magic truffles line, including the Hollandia, Makanaut, Muskoka, Mexicana, Atlantis, Double Vision, Old Dutch and Utopia varieties, is designated as a Responsible Use Psychedelic. Wisdom Truffle is a smart figurine that helps people build healthy patterns using meditation, monitor their phone usage, and take positive action to reduce their carbon footprint.


CSE:TRIP - Post by User

Red Light Holland Corp. > Todays NR
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Comment by LWillingdon2001on Mar 19, 2021 9:46am
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Post# 32836862

RE:RE:Todays NR

RE:RE:Todays NRhttps://www.prnewswire.com/news-releases/companies-leverage-emerging-functional-foods-and-beverage-market-301250979.html


Red Light Holland (CSE:TRIP) (OTC:TRUFF) entered a non-binding letter of intent with Halo Labs Inc. to create a joint venture with plans to become a licensed psilocybin manufacturer. The joint venture would then supply the products to licensed service centers in Oregon. "Clearly we are very excited with the recent results of Oregon Measure 109 where progressive Oregonians have voted in favor of becoming the first state in the US, to allow the use of psilocybin, for therapeutic use. We take pride at Red Light Holland in our self-regulated responsible adult use psilocybin legal product (iMicrodose packs in the Netherlands), which we feel could become a model for the development of the Oregon regulated market to potentially treat chronic mental health issues like anxiety, depression, and addiction," said Todd Shapiro, Red Light Holland's CEO and Director.
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