Toronto, Ontario--(Newsfile Corp. - September 24, 2024) - Red Light Holland Corp. (CSE: TRIP) (FSE: 4YX) (OTCQB: TRUFF) ("Red Light Holland" or the "Company"), a leader in the production and sale of functional mushrooms and mushroom home grow kits in North America and Europe, is pleased to announce a significant expansion of its partnership with Costco Canada. Following a successful launch, Happy Caps 2kg "Mega Block" Mushroom Home Grow Kits are now available in 82 Costco locations across the country.
Happy Caps 2Kg "Mega Block" Mushroom Home Grow Kits
"We are thrilled to see the Happy Caps 2kg 'Mega Block' Mushroom Home Grow Kits now offered in 82 Costco stores," said Todd Shapiro, CEO and Director of Red Light Holland. "This growth demonstrates not only the demand for our innovative products but also the trust Costco has in the Happy Caps brand. We're excited to provide even more consumers with the opportunity to easily cultivate fresh mushrooms at home, enhancing their culinary experiences and promoting healthy living."
The new distribution includes locations in Alberta, British Columbia, Manitoba, New Brunswick, Nova Scotia, Ontario, Quebec, and Saskatchewan, significantly expanding Happy Caps' reach in the market.
The Happy Caps "Mega Block" features three premium mushroom varieties: Shiitake, Lion's Mane, and Oyster, all designed for easy home cultivation. Retailing at $19.99 (plus applicable taxes), these kits cater to a growing consumer interest in sustainable and health-conscious living.
Commitment to Growth and Accessibility
This expansion reinforces Happy Caps' position in the mushroom home grow kit industry, highlighting the increasing consumer demand for functional and culinary mushrooms. The Company is committed to broadening its distribution network and is exploring additional partnerships with major retailers throughout North America.
Costco Locations
Happy Caps 2kg "Mega Block" home grow kits are now available at the following Costco 82 locations across Canada:
British Columbia:
Alberta:
Manitoba:
Quebec:
Ontario:
Saskatchewan:
New Brunswick:
Newfoundland:
Nova Scotia:
For more information about Happy Caps and its range of mushroom home grow kits, please visit www.happycaps.ca or www.instagram.com/happycaps.hfx.
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
The Company 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.
For additional information:
Todd Shapiro
Chief Executive Officer and Director Tel: 647-643-TRIP (8747)
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Website: www.RedLight.co
Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Statement Regarding Forward-Looking Statements
This press release contains certain "forward-looking information" within the meaning of applicable Canadian securities legislation. Such forward-looking information and forward-looking statements are not representative of historical facts or information or current condition, but instead represent only the Company's beliefs regarding future events, plans or objectives, many of which, by their nature, are inherently uncertain and outside of the Company's control. Often, but not always, forward-looking statements and information can be identified by the use of words such as "plans", "expects" or "does not expect", "is expected", "estimates", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Forward-Looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company or its respective subsidiaries to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information contained in this news release. Examples of such information include statements with respect to: the stated plans, goals, and benefits of the partnership with Costco Canada, including the products and mushroom varieties to be offered for sale, the Costco Canada locations which the Company's products will be available for purchase, and the timelines thereof; the stated benefits of the Company's Happy Caps Mushroom Home Grow Kits; the Company's continued exploration of partnerships with major retailers across North America; and the Company's stated business plans and goals.
Forward-Looking information in this news release are based on certain assumptions and expected future events, namely: continued approval of the Company's activities by the relevant governmental and/or regulatory authorities; the Company's ability to carry out its stated plans, goals, and benefits of the partnership with Costco Canada under the stated timelines; the Company's ability to realize upon the stated benefits of the Company's Happy Caps Mushroom Home Grow Kits; the Company's ability to continue its exploration of partnerships with major retailers across North America; and the Company's ability to carry out its stated business plans and goals.
Risks, uncertainties and other factors involved with forward-looking information could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information, the Company's inability to obtain continued approval of the Company's activities by the relevant governmental and/or regulatory authorities; the Company's inability to carry out its stated plans, goals, and benefits of the partnership with Costco Canada under the stated timelines; the Company's inability to realize upon the stated benefits of the Company's Happy Caps Mushroom Home Grow Kits; the Company's inability to continue its exploration of partnerships with major retailers across North America; and the Company's inability to carry out its stated business plans and goals.
Although the Company believes that the assumptions and factors used in preparing, and the expectations contained in, the forward-looking information and statements are reasonable, undue reliance should not be placed on such information and statements, and no assurance or guarantee can be given that such forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information and statements.
The forward-looking information and forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake to update any forward-looking information and/or forward-looking statements that are contained or referenced herein, except in accordance with applicable securities laws.
Last Trade: | US$0.03 |
Daily Volume: | 0 |
Market Cap: | US$10.380M |
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