Red Light Holland Begins Growing 1,000 Kilos Of Truffles

Red Light Holland (CSE: TRIP) has commenced growing 1,000 kilograms of magic truffles. The company made the announcement this morning, with the crop being its second crop to date, with the current batch said to be “10X” the size of the previous batch.

The crop will see three strains of truffles grown, including psilocybe mexicana, psilocybe galindoi, and psilocybe tampanensis. The truffles are to be grown in the firms 3,000 square foot facility located in Horst, Netherlands. The facility encompasses indoor growing, production, and distribution of the product, with the latest batch expected to be made available within The Netherlands by mid-2021.

Furthermore, the company has indicated that it is almost done harvesting its expected first batch of product which has already been pre-sold.

Red Light Holland last traded at $0.45 on the CSE.


Information for this briefing was found via Sedar and Red Light Holland. Pharmadrug Inc is a former client of Canacom Group, the parent company of The Deep Dive. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Why Silver’s Next Move May Be Built on a Much Stronger Base | Mani Alkhafaji – First Majestic Silver

Guanajuato Silver Q1 Earnings: They Finally Post Positive Net Income

We’re in a New Era of Gold Price Discovery | Ryan King – Equinox Gold

Recommended

Silver47 Starts 10,000 Metre Campaign at Flagship Alaska Silver Project

Blue Jay Gold Launches 16,000 Metre Drill Program At Steller

Related News

Red Light Holland Sees Sales And Import Of Psychedelic Truffles Into Canada

Red Light Holland (CSE: TRIP) this morning reported that it has seen the successful sale...

Tuesday, March 16, 2021, 08:35:25 AM

Red Light Holland To Conduct $5.0 Million Bought Deal Financing

Red Light Holland (CSE: TRIP) is looking to add to its war chest with the...

Thursday, January 7, 2021, 08:02:43 AM

Red Light Holland Acquires 100 Acres Of Land To Grow Mushrooms

Evidently there is big money within the mushroom market. Red Light Holland (CSE: TRIP) this...

Monday, April 11, 2022, 09:09:54 AM

Red Light Holland Grows Cash Position To $12.2 Million With Warrant Exercises

Red Light Holland (CSE: TRIP) is evidently cashed up as a result of the recent...

Thursday, December 24, 2020, 08:47:45 AM

Red Light Holland To Conduct $5.1 Million Bought Deal Financing

Less than a month after its last bought deal, Red Light Holland (CSE: TRIP) has...

Wednesday, February 3, 2021, 08:14:11 AM