Bullboard - Stock Discussion Forum 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... see more

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CSE:TRIP - Post Discussion

Red Light Holland Corp. > vote of confidence

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Post by trip2themoon on Feb 25, 2021 8:42am

vote of confidence

the back to back equity raises puts TRIP is an enviable position and is a massive vote of confidence in the company, Todd and Bruce to get deals done. Correct me if Im wrong but they have more money in the bank than NUMI and are the only company with near term revenue streams. I beileve only CMPS, MMED and CYBIN are more cashed up but all 3 are pure science plays. Once Mera Life closes we have become a credible science play AND the leader in rec.

Now Toddy its time to close some deals. i dont care about merchandise and "get a job" what we need is for you to close some of these LOIs

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Comment by SamRothstein on Feb 25, 2021 8:53am

Correct, TRIP has more money in the bank than most companies in this space. Correct that CMPS and MMED have more, and I'm not sure about CYBIN i haven't followed them as closely. But share price of CMPS and MMED are so far out of whack compared to TRIP. And as you pointed out TRIP has revenue, and they also have a lower cash burn, and the deal making prowess of Linton ...more

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Red Light Holland Corp.