Mr. Todd Shapiro reports

RED LIGHT HOLLAND ANNOUNCES INCREASED ORDER FROM COSTCO CANADA FOR HAPPY CAPS 2KG "MEGA BLOCK" MUSHROOM HOME GROW KITS

Red Light Holland Corp.'s wholly owned subsidiary, 4316747 Nova Scotia Ltd. (Happy Caps Mushroom Farms), has received a significant reorder from Costco Canada.

Initially, Costco Canada placed an order for 26,880 units (announced Aug. 23, 2024) of the popular Happy Caps Mega Block two-kilogram mushroom home grow kits which were dispersed last week to 82 Costco locations across Canada. This projected order reflects Costco's continued confidence in Happy Caps' products and highlights the expanding footprint of Happy Caps within the Canadian retail market. Costco Canada has now placed an additional order of 6,720 units to support all Costco warehouses in British Columbia.

The reorder will ensure that Costco's stores are well stocked to meet the continued interest in Happy Caps mushroom home grow kits, which offer a simple and sustainable way to cultivate fresh mushrooms at home. The two-kilogram Mega Block kits feature shiitake, lion's mane and oyster mushroom varieties, all of which have gained popularity since their launch.

"We are extremely pleased with the ongoing support from Costco Canada," said Todd Shapiro, chief executive officer and director of Red Light Holland. "This increase in order volume highlights the success of our partnership and reinforces the rising demand for sustainable home grow kits in the market. We remain dedicated to providing high-quality mushroom cultivation solutions to our customers."

Furthermore, based on the previously announced (July 11, 2024) informal projection letter received from Costco Canada, Happy Caps anticipates an additional order of approximately 6,800 units in October, 2024.

As Happy Caps scales its operations, the company is actively exploring further opportunities with major retailers across North America and Europe, enhancing its distribution network and solidifying its position as a leader in the mushroom home grow kit market.

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, as well as a premium brand of psilocybin truffles in the legal recreational market within the Netherlands, compliant with all applicable laws.

We seek Safe Harbor.