09:51:20 EDT Mon 06 May 2024
Enter Symbol
or Name
USA
CA



Red Light Holland Corp
Symbol TRIP
Shares Issued 395,035,080
Close 2023-09-18 C$ 0.07
Market Cap C$ 27,652,456
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Red Light releases Mistercap mushroom kits on-line

2023-09-19 11:11 ET - News Release

Mr. Todd Shapiro reports

RED LIGHT HOLLAND: MISTERCAP'S LAUNCHES ORGANIC GROW-YOUR-OWN MUSHROOM KITS FOR SALE AT WWW.MISTERCAP.COM

Further to its press release on July 26, 2023, Red Light Holland Corp.'s partnership with Mistercap LLC has officially launched the sale of organic grow-your-own mushroom kits, as of Sept. 18, 2023, at the Mistercap website for global consumers.

Mistercap's, a new wellness company founded by multiplatinum-selling, Grammy and Golden Globe Award-nominated recording artist Wiz Khalifa, is a mushroom-forward brand promoting healthy living via natural organic mushrooms. The brand's mission is to increase interest in the health benefits of mushrooms by creating more ways for people to incorporate them into their lives, nutrition and well-being.

"People love growing their own food," said Mr. Khalifa. "People know so little about mushrooms, so my goal with Mistercap's is to showcase its positive benefits, and bring them to a wider audience."

"We continue to be proud of all of our partnerships at Red Light Holland as we've proven we can grow high-quality mushrooms and first-class home grow kits, both at a mass scale, while ensuring infrastructure, distribution and consumer satisfaction are necessary components to ultimate success," said Todd Shapiro, chief executive officer and director of Red Light Holland. "Clearly, now is the perfect time to launch Mistercap's organic grow-your-own mushroom kits to increase consumer awareness around the entire mushroom category."

Mistercap's, in partnership with Red Light Holland, is launching exclusively on-line with three products: the oyster grow kit, shiitake grow kit and lion's mane grow kit, which are all organic, delicious and ecofriendly, creating a farm-to-table feel for consumers. Not only will these kits produce mushrooms packed with flavour, but each species has functional and nutritional benefits, which may result in improving energy levels and brain function, reducing inflammation, and supporting the immune system. The brand is also proud to be one of the only manufacturers in North America that sources and grows everything locally.

"We were inspired by Wiz's interest in culinary mushrooms and the benefits they provide," said Philippe Chetrit, general manager of Mistercap's. "Our branding was purposefully designed to make mushrooms more approachable. The kits provide a fun and friendly way to introduce mushrooms into our customers' lives, allowing them to discover the beauty of such an amazing process."

Two per cent of all proceeds will go to the Fungi Foundation, a global organization dedicated to studying and conserving fungi. Mistercap's support will directly impact the foundation's Fungi Education Curriculum, which is the world's first curriculum designed to introduce the study of mycology into middle and high schools.

About Red Light Holland Corp.

The company is an Ontario-based corporation that specializes in the mushroom industry, and specifically home grow kits for functional natural mushrooms, while 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.

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