Toronto, Ontario--(Newsfile Corp. - April 1, 2026) - Red Light Holland Corp. (CSE: TRIP) (FSE: 4YX) (OTCQB: TRUFF) ("Red Light" or the "Company") today announced that, through Filament Health Corp. ("Filament"), it will support the Carhart-Harris Lab ("CHL") at the University of California, San Francisco ("UCSF") by providing instructions on how to participate in the CHL Global Psychedelic Study to all researchers and clinicians receiving PEX010, including clinical trials and compassionate use programs.

Filament is a leading supplier of pharmaceutical-grade botanical psilocybin. Its patented drug candidate, PEX010, has been supplied to over 70 trials worldwide and has been authorized for use in several federally-authorized compassionate use programs.

The CHL Global Psychedelic Study is a large-scale online research initiative led by Dr. Robin Carhart-Harris, the Ralph Metzner Distinguished Professor of Neurology, Psychiatry and Behavioral Sciences at UCSF. The study examines a broad range of factors shaping individual responses to psychedelics in naturalistic settings and is open to anyone planning to take a psychedelic substance in any type of setting.

"Filament's wide distribution of PEX010 offers a unique opportunity for this study to gain access to a wider patient population," said Todd Shapiro, Chief Executive Officer and Director of Red Light Holland. "We are excited to help contribute real-world evidence to the global scientific understanding of botanical psilocybin, in the hope of informing both policymakers and the medical community as we work toward increasing legal, responsible accessibility for patients who could benefit."

"The more diverse and representative our data, the stronger the science," said Dr. Robin Carhart-Harris, Ralph Metzner Distinguished Professor of Neurology, Psychiatry and Behavioral Sciences at UCSF. "Patients receiving legal access to psilocybin, especially under compassionate use, represent an important and understudied population. Their participation will help us build a clearer picture of how psychedelics work across different clinical and real-world contexts."

To learn more or to participate in the CHL Global Psychedelic Study, visit:
https://ucsf.co1.qualtrics.com/jfe/form/SV_2rGNuzYxXyWawE6

About Red Light Holland
Red Light Holland is an Ontario-based organization advancing a focused strategy within the legal psychedelic sector, centered on consensual data collection and R&D initiatives designed to expand naturally occurring drug development, understanding of psilocybin use and consumer experiences. In parallel, the Company operates commercial activities across Europe and North America, including psilocybin truffle sales in the Netherlands' legal market and mushroom home grow kits offered through B2B and DTC channels, in compliance with applicable laws.

About Filament Health:
Filament Health is a clinical-stage natural psychedelic drug development company. Filament believes that safe, standardized, naturally-derived psychedelic medicines can improve the lives of many, and its mission is to see them in the hands of everyone who needs them as soon as possible. Filament's platform of proprietary intellectual property enables the discovery, development, and delivery of natural psychedelic medicines for clinical development. Filament is paving the way with the first-ever natural psychedelic drug candidates.

Cautionary Statement Regarding Forward-Looking Statements
This press release contains certain "forward-looking information" within the meaning of applicable Canadian securities legislation. Such forward-looking information and forward-looking statements are not representative of historical facts or information or current conditions but instead represent only the Company's beliefs regarding future events, plans or objectives, many of which, by their nature, are inherently uncertain and outside of the Company's control. Often, but not always, forward-looking statements and information can be identified by the use of words such as "plans", "expects" or "does not expect", "is expected", "estimates", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Forward-looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company or its respective subsidiaries to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information contained in this news release. Examples of such information include statements with respect to: the Company's ability to support the CHL Global Psychedelic Study through Filament Health's clinical network; the anticipated benefits of providing Canadian physicians with instructions to facilitate patient participation in the study; the Company's pending acquisition of Filament Health and the expected integration of Filament's clinical infrastructure; and the potential contribution of real-world evidence to the global scientific understanding of botanical psilocybin.

Forward-looking information in this news release is based on certain assumptions and expected future events, namely: the continued ability of physicians in Canada to legally facilitate patient access to psilocybin for therapeutic purposes; the continued operation of the CHL Global Psychedelic Study by UCSF; the successful completion of the Company's pending acquisition of Filament Health; the ability to maintain effective relationships with clinical partners and research collaborators; and general business, market and economic conditions.

Risks, uncertainties and other factors involved with forward-looking information could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information, namely: regulatory or enforcement developments affecting the legal framework for psilocybin access in Canada; the risk that the pending acquisition of Filament Health is not completed on the terms contemplated or at all; the risk that research collaboration initiatives do not progress as anticipated; the risk that physician and patient participation in the study does not materialize as expected; and adverse changes in the regulatory or political landscape affecting psychedelic research.

Although the Company believes that the assumptions and factors used in preparing, and the expectations contained in, the forward-looking information and statements are reasonable, undue reliance should not be placed on such information and statements, and no assurance or guarantee can be given that such forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information and statements. The forward-looking information and forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake to update any forward-looking information and/or forward-looking statements that are contained or referenced herein, except in accordance with applicable securities laws.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/290858