05:58:10 EDT Wed 01 May 2024
Enter Symbol
or Name
USA
CA



Red Light Holland Corp
Symbol TRIP
Shares Issued 393,785,080
Close 2024-03-18 C$ 0.055
Market Cap C$ 21,658,179
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Red Light offers Happy Caps products in 270 Cdn stores

2024-03-18 11:36 ET - News Release

Mr. Todd Shapiro reports

RED LIGHT HOLLAND ANNOUNCES HAPPY CAPS MUSHROOM HOME GROW KITS NOW AVAILABLE IN OVER 270 RETAIL STORES ACROSS CANADA

Red Light Holland Corp. subsidiary Happy Caps's products are now available in over 270 retail stores across Canada, a 100-per-cent increase of points of sale since the company's press release dated Aug. 8, 2023.

Happy Caps, a brand renowned for its innovative mushroom home grow kits, specializing in shiitake, lion's mane and oyster varieties, has rapidly expanded its presence in the retail sector. Partnering with Van Noorts, a prominent distributor in the industry, Happy Caps has successfully secured placement in more than 270 stores, including major retail chains and boutique health and garden stores, across Canada.

This expansion marks a significant achievement for Red Light Holland and underscores the growing demand for fresh mushroom products in the health and wellness market. Happy Caps home grow kits, featuring shiitake, lion's mane and oyster varieties, have garnered widespread attention for their ease of use, effectiveness and premium quality, contributing to the brand's rapid growth and widespread adoption.

"We are thrilled to see Happy Caps home grow kits now available in over 270 retail stores -- that's a 100-per-cent growth since August of 2023 when we announced 135 points of sale. This significant expansion reflects the increasing recognition of the health benefits associated with fresh mushrooms and underscores our commitment to making these innovative products accessible to consumers across North America," Todd Shapiro, chief executive officer and director of Red Light Holland. "These kits are similar to items in a produce department, meaning they are a living culture, and we are proud of our efficient distribution improvements to retail stores and just as proud as we stand by our products, including our full replacement policy, as we continue to scale up."

In addition to the successful partnership with Van Noorts, the company continues to explore opportunities with major retailers across North America for potential future sales streams. By leveraging its extensive retail distribution network and ongoing discussions with key industry players, Happy Caps aims to further expand its reach and bring its premium mushroom home grow kits to even more consumers seeking natural and sustainable wellness solutions.

Happy Caps remains dedicated to its mission of promoting health and wellness through natural and sustainable products. With its commitment to product innovation, quality and accessibility, Happy Caps is poised for further growth and success in the burgeoning functional mushroom market.

About Red Light Holland Corp.

Red Light Holland is an Ontario-based corporation engaged in the production, growth and sale of functional mushrooms and mushroom home grow kits in North America and Europe, and a premium brand of psilocybin truffles to the legal, recreational market within the Netherlands, in compliance with all applicable laws.

We seek Safe Harbor.

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