• Red Light Holland (CSE:TRIP) has revealed its largest shipment to date of 5 kilograms of psilocybin truffles has been received by CCrest Labs in Montreal.
  • The shipment represents a pivotal moment for the company in advancing psilocybin research
  • The truffles will be used in an experimental research project to develop a process for commercial manufacturing of natural-source active pharmaceutical ingredient
  • Shares of Red Light Holland are unchanged at C$0.06

Red Light Holland (CSE:TRIP) has revealed its largest shipment to date of 5 kilograms of psilocybin truffles has been received by CCrest Labs in Montreal.

In a news release, the company stated this shipment represents a pivotal moment for Red Light Holland in advancing psilocybin research.

The truffles will be used in an experimental research project to develop a process for commercial manufacturing of natural-source active pharmaceutical ingredients (API) .

“We are excited to continue our work with CCrest Laboratories and PharmAla as we delve deeper into the therapeutic potential of psilocybin,” Todd Shapiro, CEO of Red Light Holland, said in a statement. “This largest and most significant shipment to date, underscores our dedication to research and development in the psychedelic space.

Red Light Holland is focused on the production, growth and sale of functional mushrooms and mushroom home grow kits in North America and Europe. Under its portfolio umbrella is also a premium brand of psilocybin truffles to the legal, recreational market within the Netherlands.

Shares of Red Light Holland Corp. are unchanged at C$0.06.

Join the discussion: Find out what everybody’s saying about this stock on the Red Light Holland Corp. Bullboard investor discussion forum, and check out the rest of Stockhouse’s stock forums and message boards.

The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.

More From The Market Online

Solitario Resources Discovers three new high-grade gold zones

Solitario Resources (TSX:SLR) discovers three new zones of high-grade surface gold at its Golden Crest Project in South Dakota.

New government funding coming for Canada’s first commercial space port

Maritime Launch Services (NEO:MAXQ) announces a pivotal step forward in the development of Canada’s first commercial orbital spaceport.

@ the Bell: U.S. markets hit record highs

The NASDAQ and S&P 500 reached record highs, and the Dow Jones also had a solid rally while Canada's main stock index nudged slightly…