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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

Comment by SamRothsteinon Nov 29, 2021 11:11am
106 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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