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.

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