Red Light Holland Corp. C.TRIP

Alternate Symbol(s): TRUFF

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.

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Red Light Holland Corp. > If this is such a good deal,why do we receive a premium?

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Comment by TheTerminator1on Jun 16, 2021 7:10pm

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Post# 33399693

RE:RE:If this is such a good deal,why do we receive a premium?

I tend to agree

SamRothstein wrote:
This deal looks good for both companies and all shareholders. More I look at deal more I like. We get Linton as non-exec Chairman, plus combined 45 mil in bank, solid base in 4 verticals, Better vertical integration, geographic footprint, more ways to increase revenue right away, better overall executive and director talent pool, better chance of being able to compete in US market etc

TheTerminator1 wrote: The proposed transaction represents an implied premium for Red Light Holland shareholders of approximately 29.9% based on the 30-day volume weighted average trading prices of the ordinary shares of Creso Pharma and common shares of Red Light Holland as of the close of markets on June 15, 2021. Accordingly, the implied price for each share of Red Light Holland is approximately C$0.43 based on the closing prices on June 15, 2021.