Mr. Todd Shapiro reports

RED LIGHT HOLLAND'S PSILOCYBIN TRUFFLES ARRIVE SUCCESSFULLY IN CANADA, UNDER A HEALTH CANADA APPROVED PSILOCYBIN IMPORT PERMIT TO CCREST LABS, BEGINNING DEVELOPMENT OF MICRODOSING CAPSULES

In compliance with all applicable laws, three kilograms of Red Light Holland Corp.'s natural psilocybin truffles have arrived safely in Canada, under a fourth Health Canada-approved psilocybin import permit.

Red Light Holland has successfully shipped another 3,000 grams of its truffles, from its facility in Horst, Netherlands, to CCrest Laboratories Inc., a Montreal-based cGMP (current good manufacturing practice) pharmaceutical laboratory that holds a Controlled Drugs & Substances Dealer's licence from Health Canada. CCrest Labs will use the licence, which now includes assembly and packaging, to develop Red Light's psilocybin truffles into homogenized microdosing capsules containing 0.5 milligram of psychoactive material (psilocybin plus psilocin). The capsules will be packaged in child-proof safety bottles containing 20 capsules per bottle and will undergo quality control testing, including dosage, certificate of analysis and stability testing.

"We are thrilled to announce that our company's Netherlands' grown psilocybin truffles have successfully arrived at CCrest Laboratories for product development of microdosing capsules," said Todd Shapiro, Red Light Holland chief executive officer and director. "To the best of our knowledge, it's infrequent that naturally occurring psilocybin mushrooms or truffles are approved by Health Canada to be shipped from Europe to Canada and we are proud to be working with CCrest with the goal of creating a standardized microdose pill. During a time where magic mushrooms' dispensaries are illegally popping up in Canada, Red Light Holland is also proud of our legal and cautious approach in our psychedelics' journey. The goal of Red Light Holland has always been to develop an advanced psilocybin product for microdosing, that will hopefully be accessible in emerging legal markets worldwide, including potentially Canada -- if and when government regulations permit and/or approvals are granted."

Alex Grenier, chief executive officer of Shaman Pharma and president of CCrest Laboratories, shared his excitement for the project, stating: "At CCrest Labs, we are very pleased to continue our work with Red Light Holland in the development of homogenized microdosing capsules. Our esteemed scientists will research and develop a high-quality microdosing capsule of psilocybe truffles in a way that preserves their natural integrity. We are proud to operate in compliance with Health Canada regulations and maintain the highest standards of quality and safety. Together with Red Light, we are committed to advancing this exciting field with caution and care, and we are grateful for the opportunity to contribute to a potentially positive impact through disruptive innovation with a scientific approach and methodology."

Red Light Holland plans to provide updates as it continues its research and development with CCrest Laboratories, as further tests and product development of microdosing capsules with the company's naturally occurring psilocybin truffles are achieved.

About Shaman Pharma Corp.

Shaman Pharma is a federally registered Canadian corporation with the mission to power outstanding psychedelic life science innovation. Accelerating time to market through its portfolio of assets, Shaman launches and consolidates revenue-driven pharma-biotech life sciences ventures focused on supplying psychedelic drugs and novel active ingredients.

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.