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.

CSE:TRIP - Post by User

Red Light Holland Corp. > Ownership

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Comment by SamRothsteinon Sep 02, 2021 12:07pm

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Post# 33800932

RE:RE:Ownership

Exactly. And we all know that revenues are going to increase organically, and that more acquisitions will happen. Risk/reward level for buying TRIP has never been better.

BrokerG wrote: Sorry but I also forgot to mention, that with a current market cap of less than $71 million, we have over 40% of this market cap in cash- at $29 million. So the market is saying, that we think the remaining porttion of your market cap is basically worthless. This seesm a little extreme. Not sure if I have seen too many companies with over 40% of their market cap sitting in cash and generating revenue.

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