/biz/ - Business & Finance

Company- Red Light Holland’s business revolves around the production, growth and sale 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.
Red Light Holland is strategically based in the Netherlands, an area with a long-standing, established legal magic truffles market.
Red Light Holland ‘s management and advisory members are comprised of a core group of highly skilled individuals with the wealth of combined knowledge and experience which sets Red Light Holland as the market leader for legal magic truffles in the world.

Growth- RLH has significant operations in Ontario, Canada which is positioned to capture significant market growth as North American governments begin to tread the path towards medicinal and recreational legal use of psilocybin.

Company Leaders- Todd Shapiro as CEO and Bruce Linton (advisor) are among formal company leadership. Bruce Linton is an acclaimed cannabis market leader, who’s strategy and insight will follow the same track as RLH launches and consolidates the legal psilocybin market opportunity.

How to Buy the Stock-

USA- TRUFF
Canada- TRIP
Euro- ISIN # CA75671E1097

Latest Financial Release-

https://www.newsfilecorp.com/release/156232/Red-Light-Holland-Reports-Third-Quarter-2023-Financial-Results

Cash balance of $19.7 million as at December 31, 2022
Revenue of $1.2 million (vs Q3 2022: $622 thousand, an increase of 88.9%)
Gross Profit of $587 thousand (vs Q3 2022: $233 thousand, an increase of 152.2%)
Property and equipment value of $4.8 million
Total assets of $30.5 million
Acquisition of MiniChamp B.V., a home grow mushroom kit producer offering a wide variety of quality and exotic mushrooms servicing customers across 20+ European countries www.MiniChamp.nl

thats the gist of it. it might look like a lot to read but we are talking about 100x here so its probably worth the time.