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Red Light Holland Announces Costco Canada Signals Another Expanded Commitment to Happy Caps Mushroom Home Grow Kits

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Red Light Holland (OTCQB: TRUFF) has announced that its subsidiary Happy Caps received an Informal Projection Letter (IPL) from Costco Canada for 20,160 units of 'Mega Block' 2kg Mushroom Home Grow Kits. The delivery is scheduled for May 2 and May 7, 2025, with products expected to arrive in stores by May 12, 2025, before Victoria Day weekend.

The product line includes Shiitake, Lion's Mane, and Oyster varieties, featuring new packaging designs. These 2kg kits are designed for eco-friendly home mushroom cultivation. Happy Caps is actively pursuing North American expansion, including potential orders with a major U.S. retailer.

Red Light Holland (OTCQB: TRUFF) ha annunciato che la sua sussidiaria Happy Caps ha ricevuto una Lettera di Proiezione Informale (IPL) da Costco Canada per 20.160 unità di 'Mega Block' kit di coltivazione di funghi da 2 kg. La consegna è programmata per il 2 e il 7 maggio 2025, con i prodotti attesi nei negozi entro il 12 maggio 2025, prima del weekend di Victoria Day.

La linea di prodotti include varietà di Shiitake, Lion's Mane e Oyster, con nuovi design di imballaggio. Questi kit da 2 kg sono progettati per la coltivazione di funghi in casa in modo ecologico. Happy Caps sta attivamente perseguendo l'espansione in Nord America, inclusi ordini potenziali con un importante rivenditore statunitense.

Red Light Holland (OTCQB: TRUFF) ha anunciado que su subsidiaria Happy Caps recibió una Carta de Proyección Informal (IPL) de Costco Canada para 20,160 unidades de 'Mega Block' kits de cultivo de hongos de 2 kg. La entrega está programada para el 2 y 7 de mayo de 2025, con productos que se espera lleguen a las tiendas antes del 12 de mayo de 2025, antes del fin de semana del Día de Victoria.

La línea de productos incluye variedades de Shiitake, Lion's Mane y Oyster, con nuevos diseños de empaque. Estos kits de 2 kg están diseñados para el cultivo de hongos en casa de manera ecológica. Happy Caps está buscando activamente la expansión en América del Norte, incluidos pedidos potenciales con un importante minorista estadounidense.

레드 라이트 홀랜드 (OTCQB: TRUFF)는 자회사 해피 캡스코스트코 캐나다로부터 20,160개의 '메가 블록' 2kg 버섯 홈 재배 키트에 대한 비공식 프로젝트 편지(IPL)를 받았다고 발표했습니다. 배송은 2025년 5월 2일과 5월 7일로 예정되어 있으며, 제품은 2025년 5월 12일 이전에 매장에 도착할 것으로 예상됩니다. 이는 빅토리아 데이 주말 이전입니다.

이 제품 라인은 시타케, 라이온스 메인, 굴버섯 품종을 포함하며, 새로운 포장 디자인이 특징입니다. 이 2kg 키트는 친환경적인 가정용 버섯 재배를 위해 설계되었습니다. 해피 캡스는 미국의 주요 소매업체와의 잠재적인 주문을 포함하여 북미 확장을 적극적으로 추구하고 있습니다.

Red Light Holland (OTCQB: TRUFF) a annoncé que sa filiale Happy Caps a reçu une Lettre de Projection Informelle (IPL) de Costco Canada pour 20 160 unités de kits de culture de champignons 'Mega Block' de 2 kg. La livraison est prévue pour le 2 et le 7 mai 2025, avec des produits attendus en magasin d'ici le 12 mai 2025, avant le week-end de la fête de Victoria.

La gamme de produits comprend des variétés de Shiitake, Lion's Mane et Oyster, avec de nouveaux designs d'emballage. Ces kits de 2 kg sont conçus pour la culture de champignons à domicile de manière écologique. Happy Caps recherche activement une expansion en Amérique du Nord, y compris des commandes potentielles avec un grand détaillant américain.

Red Light Holland (OTCQB: TRUFF) hat bekannt gegeben, dass ihre Tochtergesellschaft Happy Caps einen Informellen Projektbrief (IPL) von Costco Kanada für 20.160 Einheiten von 'Mega Block' 2 kg Pilz-Heimzucht-Sets erhalten hat. Die Lieferung ist für den 2. und 7. Mai 2025 geplant, wobei die Produkte voraussichtlich bis zum 12. Mai 2025 in den Geschäften ankommen, vor dem Victoria Day-Wochenende.

Die Produktlinie umfasst Shiitake, Lion's Mane und Austernpilz Sorten mit neuen Verpackungsdesigns. Diese 2 kg Kits sind für eine umweltfreundliche Pilzkultivierung zu Hause konzipiert. Happy Caps strebt aktiv eine Expansion in Nordamerika an, einschließlich potenzieller Bestellungen bei einem großen US-Einzelhändler.

Positive
  • Secured large order of 20,160 units from major retailer Costco Canada
  • Potential expansion into U.S. market through discussions with major retailer
  • Product line expansion with new packaging design
Negative
  • None.

Toronto, Ontario--(Newsfile Corp. - March 13, 2025) - Red Light Holland Corp. (CSE: TRIP) (FSE: 4YX) (OTCQB: TRUFF) ("Red Light Holland" or the "Company"), a leader in functional mushrooms and home grow kits across North America and Europe, is pleased to announce that its wholly owned subsidiary, 4316747 Nova Scotia Limited o/a Happy Caps Mushroom Farms ("Happy Caps"), has received an Informal Projection Letter (IPL) from Costco Canada. The IPL outlines plans for 20,160 units of Happy Caps "Mega Block" 2kg Mushroom Home Grow Kits, with delivery scheduled for May 2 and May 7, 2025, arriving in Costco Canada stores by May 12, 2025, just ahead of the Victoria Day weekend.

Cannot view this image? Visit: https://images.newsfilecorp.com/files/2017/244427_redlight132025fig1_550.jpg

Happy Caps 2kg "Mega Block" Mushroom Home Grow Kits - New Packaging/Designs

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https://images.newsfilecorp.com/files/2017/244427_redlight132025fig1.jpg

"We're thrilled with Costco Canada's continued enthusiasm," said Todd Shapiro, CEO and Director of Red Light Holland. "This IPL highlights the demand for our sustainable Happy Caps Mushroom Home Grow kits and the strength of our partnership. We're also excited to unveil our striking new packaging, designed to captivate both current and future customers!"

Featuring Shiitake, Lion's Mane, and Oyster varieties, these 2kg kits simplify eco-friendly mushroom growing at home, driving their growing popularity. The IPL ensures Happy Caps can deliver fresh, top-quality products to Costco shoppers nationwide.

Happy Caps is also pursuing further North American expansion, including a potential order with a major U.S. retailer in the near future.

Visit www.happycaps.ca for more on Happy Caps' mushroom kits.

About Happy Caps Mushroom Farm
Happy Caps is an urban gourmet mushroom farm specializing in quality 'grow your own mushroom kits'.

About Red Light Holland
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.

For additional information:
Todd Shapiro
Chief Executive Officer and Director
Tel: 647-643-TRIP (8747)
Email: todd@redlight.co
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 potential that Costco Canada may not re-order Happy Caps Mushroom Grow kits including the potential of Costco Canada to cancel the order of 20,160 Mega Block Kits; and the Informal Projection Letter not being a full commitment for the Happy Caps Home Grow Kits from Costco Canada; 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, including a future order from a major American retailer.

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; the potential that Costco Canada may not follow through with the recent Informal intent letter of 20,160 kits set to be in stores nationwide in May 2025, or at a future date; and the certainty of the Informal Projection letter order for the home grow kits; 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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/244427

FAQ

How many Happy Caps Mushroom Home Grow Kits did Costco Canada order for May 2025?

Costco Canada ordered 20,160 units of Happy Caps 'Mega Block' 2kg Mushroom Home Grow Kits.

When will TRUFF's Happy Caps products be available in Costco Canada stores?

The products are scheduled to arrive in Costco Canada stores by May 12, 2025, just before Victoria Day weekend.

What mushroom varieties are included in Happy Caps' Mega Block grow kits?

The Mega Block grow kits include Shiitake, Lion's Mane, and Oyster mushroom varieties.

Is Red Light Holland (TRUFF) expanding Happy Caps distribution beyond Costco Canada?

Yes, Happy Caps is pursuing North American expansion and is in talks with a major U.S. retailer for potential orders.
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