00:29:25 EDT Thu 25 Apr 2024
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Red Light Holland Corp
Symbol TRIP
Shares Issued 335,262,421
Close 2022-05-06 C$ 0.095
Market Cap C$ 31,849,930
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Red Light applies for int'l custom microdosing patent

2022-05-09 12:20 ET - News Release

Mr. Todd Shapiro reports

RED LIGHT HOLLAND FILES INTERNATIONAL PATENT APPLICATION FOR 'FIND YOUR DOSE' CUSTOMIZATION OF MICRODOSING KITS BASED ON BIOMETRIC AND MOVEMENT DATA

Red Light Holland Corp. has provided an update on its intellectual property as the company has submitted a Patent Cooperation Treaty (PCT) application based on the provisional application it filed last year for the customization and personalization of microdosing kits and protocols based on biometric and movement data.

"In the past year we have been receiving important insights from people consenting to share their data on our telecounselling app. We've learned, for instance, that younger people are microdosing to help improve their focus. As we increase the consensual data collected, including biometric data, we hope to tap into a gold mine of data that can help improve people's experience while microdosing," said Sarah Hashkes, Red Light Holland's chief technology and innovation officer. "This innovation brings together two of the most promising tools we have to promote growth, embodiment practices and psychedelics, and is part of the larger scope of scientifically based support structures Red Light Holland is creating to ensure the increase in neural plasticity caused by psychedelics is accompanied with a set and setting that help people make the most out of naturally occurring psilocybin."

"Red Light Holland is taking a unique and ethical approach to patenting, which includes promoting data privacy within its technological innovations," said Graham Pechenik, founder of Calyx Law, registered patent attorney and Red Light Holland's senior adviser.

"It's great to be a part of this approach, and a delight to work with Red Light Holland to not only protect its pathbreaking IP, but also to help it become a trendsetter in how its IP is used."

"Working with natural substances and combining them with cutting-edge innovation and proprietary technology to hopefully help people as opposed to limiting people is what we are focused on," said Todd Shapiro, chief executive officer and director of Red Light Holland. "Red Light Holland's progressiveness, creativity and pure belief in providing access, coupled with Sarah Hashkes's expertise, and the help of our senior adviser, IP lawyer and psychedelics advocate, Graham Pechenik, generates the precise combination of experience, forethought and understanding of naturally occurring psilocybin to potentially prove out the benefits of and change the stigma around the use of these magical substances. Learning about these potential benefits and being a part of developing precise dosages for the betterment of consumers is now a more realistic goal for Red Light Holland," added Mr. Shapiro.

Red Light Holland's newest innovation also incorporates the groundbreaking advancements in its iMicro digital care app and its Wisdom truffle, further contributing to a growing technology ecosystem designed to allow consumers to obtain the greatest possible benefit from their microdosing journeys.

Evidence for the benefits of psilocybin continues to accumulate, and people who microdose psilocybin-containing mushrooms report improvements in mood, focus, creativity and general well-being, as well as the amelioration of symptoms of mental health issues. Meanwhile, acceptance of psilocybin continues to spread, with voters in Oregon legalizing the use of psilocybin and psilocybin-containing fungi for therapy, and numerous other jurisdictions moving toward legalization or decriminalization. Despite this growing body of evidence, and despite the increasing acceptance of its use both as a medicine and for the betterment of healthy people, little is currently known about how dosage amounts and protocols can be optimized for specific individuals. This is particularly true in the case of microdosing, and those interested in achieving the benefits of microdosing must generally rely on trial and error, or expensive coaches, and there is no assurance that either will lead to optimal outcomes. Working to overcome these hurdles, continuing research by inventor Ms. Hashkes, CTIO of Red Light Holland, has resulted in a novel approach to microdosing, which will enable personalized dosing amounts and protocols that are based on collected biometric and movement data, and correlated with the qualities and characteristics of Red Light Holland's natural products.

About Red Light Holland Corp.

The company is an Ontario-based corporation positioning itself to engage in the production, growth and sale (through existing smart shops operators and an advanced e-commerce platform) of a premium brand of magic truffles to the legal, recreational market within the Netherlands, in accordance with the highest standards, in compliance with all applicable laws.

We seek Safe Harbor.

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