Mr. Todd Shapiro reports

RED LIGHT HOLLAND'S FULLY OWNED SUBSIDIARY, RADIX MOTION, GRANTED PATENT FOR 3D MOVEMENT DATA AND AI INNOVATIONS

Further to its press release dated June 1, 2023, Radix Motion's (a fully owned technology subsidiary of Red Light Holland Corp.) U.S. continuation-in-part (CIP) application, which was granted the right to participate in the Patent Prosecution Highway program, has been granted and received the patent No.: 11,806,16. The patent received an issuing date of Nov. 7, 2023.

Radix Motion's allowed claims are directed to the use of human movement data in psychedelic-assisted therapy, including as a tool to promote positive experiences, to prevent negative experiences, to predict and personalize individual patient experiences, and to evaluate the efficacy of the therapy.

Future plans include filing a continuation application to keep the application family open in order to seek additional allowed claims, and additional patents including on the use of Radix Motion's technology in real-time analysis of human movement data to identify the position and body movement of a psychedelic facilitator or therapist to detect if a potential violation is occurring and activate real-time alerts and safety measures. This technology does not require sending or storing any video information and helps to protect patient privacy. As Radix Motion's CIP application combined the disclosures of multiple patent applications, the application contains multiple inventions on which claims may be obtained.

"As access to psychedelics grow, both as a medical treatment or facilitated wellness treatments, the need for technology that can potentially help with data-driven decisions and real-time protection of patients and clients is growing too," said Sarah Hashkes, chief executive officer of Radix Motion and CTIO or Red Light Holland. "Human movement data in combination with AI is also an untapped area, which we believe should be included, for clinical research and new psychedelic compound development."

"We moved through patent prosecution in record time, which in my opinion shows the real uniqueness of the technology," said Graham Pechenik, a registered patent attorney and the founder of Calyx Law, and Red Light Holland's senior adviser. "Indeed, the claims were not rejected as we received a 'first action allowance,' which some have called 'a patent bigfoot' for how rare sightings are. We appreciate the opportunity to protect such groundbreaking inventions, in ways that are aligned with Radix Motion's goal of ethical IP and its core value of protecting user's privacy."

"It's amazing to realize how far we have gone in such a short time. I'm proud that our embodied technology can help establish responsible best practices around psychedelics and contribute to positive change in the emerging psychedelic ecosystem. This patent is an important milestone for us, and we believe that the potential licensing or sale of this technology could provide another revenue stream for Red Light Holland. We appreciate the expertise of patent lawyer Graham Pechenik and the Calyx Law team in protecting our patent in such an efficient and effective way," said Todd Shapiro, chief executive officer and director of Red Light Holland.

About Radix Motion

Radix Motion is a technology company founded in Silicon Valley focused on building immersive and embodied technology for health and wellness. Amongst its products are Meu, an AR (augmented reality)/VR (virutal reality) interactive hologram messenger, iMicroapp a microdosing app that also measures poses, Wisdom VR, an interactive education that explains what psychedelics do to the brain and more.

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.