Mr. Todd Shapiro reports

RED LIGHT HOLLAND ANNOUNCES HAPPY CAPS MUSHROOM FARM SECURES A NATIONAL PARTNERSHIP WITH COSTCO CANADA

Red Light Holland Corp.'s 4316747 Nova Scotia Ltd., operating as Happy Caps Mushroom Farms, has achieved a significant milestone. Happy Caps has secured a national partnership with Costco Canada for the sale of its newly launched Happy Caps mega block two-kilogram (kg) mushroom home grow kits, comprising shiitake, lion's mane and oyster mushroom varieties. This deal marks a substantial expansion for Happy Caps, with an order of 20,000 units, set to hit Costco locations across Canada in late May, 2024.

"We are thrilled to announce our partnership with Costco Canada, which further solidifies Happy Caps' position as a leader in the home grow kit mushroom industry in Canada. Retail expansion within North America continues to be the focus for Happy Caps and this partnership with Costco further solidifies the company's strategy," said Todd Shapiro, chief executive officer and director of Red Light Holland. "Our Happy Caps Mushroom home grow kits offer consumers an easy and sustainable way to cultivate their own fresh mushrooms at home, and we are excited to make these products accessible to Costco Canada members nationwide."

Happy Caps, renowned for its innovative mushroom home grow kits, has quickly gained traction in the retail sector. With the addition of Costco locations across Canada, Happy Caps has successfully secured placement in over 370 retail stores across Canada, including major retail chains and boutique health and garden stores. This nationwide expansion underscores the growing demand for fresh mushroom products in the health and wellness market.

In addition to its Costco Canada partnership, Happy Caps continues to explore opportunities with major retailers across North America, further expanding its distribution network and bringing its premium mushroom products to a wider audience.

About Happy Caps Mushroom Farm

Happy Caps is an urban gourmet mushroom farm specializing in quality grow your own mushroom kits and mushroom plug spawn.

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.