Red Light Holland Announces Increased Order from Costco Canada for Happy Caps 2kg "Mega Block" Mushroom Home Grow Kits
Red Light Holland Corp. (CSE: TRIP) (FSE: 4YX) (OTCQB: TRUFF) announces that its subsidiary, Happy Caps Mushroom Farms, has received a significant reorder from Costco Canada. Following an initial order of 26,880 units of the 2kg 'Mega Block' Mushroom Home Grow Kits, Costco has placed an additional order of 6,720 units for British Columbia warehouses. The kits, featuring Shiitake, Lion's Mane, and Oyster mushroom varieties, have gained popularity since their launch.
Todd Shapiro, CEO of Red Light Holland, expressed satisfaction with Costco's ongoing support, noting the rising demand for sustainable home grow kits. Based on a previous projection, Happy Caps anticipates an additional order of approximately 6,800 units in October 2024. The company is actively exploring further opportunities with major retailers across North America and Europe to enhance its distribution network.
Red Light Holland Corp. (CSE: TRIP) (FSE: 4YX) (OTCQB: TRUFF) annuncia che la sua filiale, Happy Caps Mushroom Farms, ha ricevuto un'importante riordino da Costco Canada. Dopo un ordine iniziale di 26.880 unità dei kit per la crescita di funghi 'Mega Block' da 2 kg, Costco ha effettuato un ulteriore ordine di 6.720 unità per i magazzini della British Columbia. I kit, che includono le varietà di funghi Shiitake, Lion's Mane e Oyster, hanno guadagnato popolarità dalla loro introduzione.
Todd Shapiro, CEO di Red Light Holland, ha espresso soddisfazione per il continuo supporto di Costco, osservando l'aumento della domanda per i kit per la crescita sostenibile. Basandosi su una precedente previsione, Happy Caps prevede un ulteriore ordine di circa 6.800 unità in ottobre 2024. L'azienda sta attivamente esplorando ulteriori opportunità con grandi dettaglianti in Nord America e in Europa per migliorare la sua rete di distribuzione.
Red Light Holland Corp. (CSE: TRIP) (FSE: 4YX) (OTCQB: TRUFF) anuncia que su subsidiaria, Happy Caps Mushroom Farms, ha recibido un importante reorder de Costco Canadá. Tras un pedido inicial de 26.880 unidades de los kits de cultivo de champiñones 'Mega Block' de 2 kg, Costco ha realizado un pedido adicional de 6.720 unidades para sus almacenes en Columbia Británica. Los kits, que incluyen variedades de champiñones Shiitake, Lion's Mane y Oyster, han ganado popularidad desde su lanzamiento.
Todd Shapiro, CEO de Red Light Holland, expresó su satisfacción con el apoyo continuo de Costco, señalando la creciente demanda de kits de cultivo sostenible. Basado en una proyección anterior, Happy Caps anticipa un pedido adicional de aproximadamente 6.800 unidades en octubre de 2024. La compañía está explorando activamente más oportunidades con grandes minoristas en América del Norte y Europa para mejorar su red de distribución.
레드 라이트 홀랜드 주식회사 (CSE: TRIP) (FSE: 4YX) (OTCQB: TRUFF)는 자회사인 해피 캡스 머쉬룸 팜이 코스트코 캐나다로부터 중요한 재주문을 받았다고 발표했습니다. 26,880개 단위의 2kg '메가 블록' 버섯 홈 그로우 키트에 대한 최초의 주문 이후, 코스트코는 브리티시 컬럼비아 창고를 위해 6,720개의 추가 주문을 했습니다. 시타케, 라이온스 메인 및 오이스터 버섯 품종으로 구성된 이 키트는 출시 이후 인기를 얻었습니다.
레드 라이트 홀랜드의 CEO인 토드 샤피로는 코스트코의 지속적인 지원에 대해 만족감을 표명하며, 지속 가능한 홈 그로우 키트에 대한 수요가 증가하고 있다고 언급했습니다. 이전의 예측에 따라, 해피 캡스는 2024년 10월에 약 6,800개 단위의 추가 주문을 예상하고 있습니다. 이 회사는 북미와 유럽 전역의 대형 소매업체와 함께 추가 기회를 적극적으로 탐색하여 유통 네트워크를 강화하고 있습니다.
Red Light Holland Corp. (CSE: TRIP) (FSE: 4YX) (OTCQB: TRUFF) annonce que sa filiale, Happy Caps Mushroom Farms, a reçu une commande significative de Costco Canada. Après une première commande de 26 880 unités des kits de culture de champignons 'Mega Block' de 2 kg, Costco a passé une commande supplémentaire de 6 720 unités pour les entrepôts de la Colombie-Britannique. Les kits, qui comprennent des variétés de champignons Shiitake, Lion's Mane et Oyster, ont gagné en popularité depuis leur lancement.
Todd Shapiro, PDG de Red Light Holland, a exprimé sa satisfaction quant au soutien continu de Costco, notant la demande croissante pour des kits de culture durables. Sur la base d'une projection antérieure, Happy Caps anticipe une commande supplémentaire d'environ 6 800 unités en octobre 2024. L'entreprise explore activement d'autres opportunités avec des grands détaillants en Amérique du Nord et en Europe pour améliorer son réseau de distribution.
Red Light Holland Corp. (CSE: TRIP) (FSE: 4YX) (OTCQB: TRUFF) gibt bekannt, dass ihre Tochtergesellschaft, Happy Caps Mushroom Farms, eine bedeutende Nachbestellung von Costco Kanada erhalten hat. Nach einer Erstbestellung von 26.880 Einheiten der 2 kg 'Mega Block' Pilze für Zuhause Grow-Kits hat Costco eine zusätzliche Bestellung von 6.720 Einheiten für die Lagerhäuser in British Columbia aufgegeben. Die Kits, die Shiitake, Lion's Mane und Austernpilz Sorten enthalten, haben seit ihrem Release an Beliebtheit gewonnen.
Todd Shapiro, CEO von Red Light Holland, äußerte Zufriedenheit mit der fortlaufenden Unterstützung von Costco und bemerkte die steigende Nachfrage nach nachhaltigen Home Grow-Kits. Basierend auf einer vorherigen Prognose erwartet Happy Caps eine zusätzliche Bestellung von etwa 6.800 Einheiten im Oktober 2024. Das Unternehmen erkundet aktiv weitere Möglichkeiten mit großen Einzelhändlern in Nordamerika und Europa, um sein Vertriebsnetz zu erweitern.
- Significant reorder from Costco Canada, indicating strong product demand
- Expansion of distribution to all Costco warehouses in British Columbia
- Anticipation of additional 6,800 unit order in October 2024
- Exploring opportunities with major retailers across North America and Europe
- None.
Toronto, Ontario--(Newsfile Corp. - October 1, 2024) - Red Light Holland Corp. (CSE: TRIP) (FSE: 4YX) (OTCQB: TRUFF) ("Red Light Holland" or the "Company"), a leader in the production, growth, and sale of functional mushrooms and mushroom home grow kits in North America and Europe, is excited to announce that its wholly owned subsidiary, 4316747 Nova Scotia Limited o/a Happy Caps Mushroom Farms ("Happy Caps"), has received a significant reorder from Costco Canada.
Initially, Costco Canada placed an order for 26,880 units (announced August 23, 2024) of the popular Happy Caps "Mega Block" 2kg 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.
Happy Caps 2 kg Mega Block
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/2017/225203_a94350c844ba2961_001full.jpg
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 2kg "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, CEO 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 11th, 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.
For more information about Happy Caps and its range of mushroom home grow kits, please visit www.happycaps.ca.
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
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.
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, the amount of order that may be returned or cancelled by Costco Canada, the future IPL order of 6800 kits 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 the additional Mega Block Kits or the ability that Costco Canada may return product; and the Informal Projection Letter future order of approximately 6,800 Happy Caps Home Grow Kits; 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; the potential that Costco Canada may be able to return any of the product from the recent Purchase Order of 26,880 kits in stores nationwide in September 2024, or at a future date; and the certainty of the Informal Projection letter order including the future order of approximately 6,800 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/225203
FAQ
What new order did Red Light Holland's subsidiary Happy Caps receive from Costco Canada?
What mushroom varieties are included in Happy Caps' 2kg 'Mega Block' kits sold at Costco?
When does Happy Caps anticipate receiving another order from Costco Canada for TRUFF stock?
How is Red Light Holland (TRUFF) expanding its distribution network?
