Core Insights - Red Light Holland Corp. is focused on the production and sale of functional mushrooms and psilocybin truffles, with operations in North America and Europe, and is compliant with applicable laws in the Netherlands [10] Financial Highlights - Total cash balance as of June 30, 2025, is $11.454 million, down from $12.838 million as of March 31, 2025 [7] - Revenues for Q1 2026 were $1.301 million, a decrease from $1.559 million in Q1 2025 [7] - Gross profit for Q1 2026 was $0.447 million, compared to $0.625 million in Q1 2025 [7] - Adjusted EBITDA loss was $0.577 million, slightly worse than the loss of $0.562 million in Q1 2025 [7] - Total assets decreased to $20.141 million from $21.221 million as of March 31, 2025 [7] Company Updates - The company has entered the U.S. retail market through Albertsons with Happy Caps Mushroom Home Grow Kits [7] - Health Canada-approved Functional Mushroom Gummies have been launched and are available on Amazon [7] - A pilot program for FUNctional mushroom gummies has been initiated in London, ON, with potential for further distribution [7] - The company remains cash-positive in Q1 2026, driven by steady sales growth and expanded product offerings [7] Strategic Initiatives - A Bitcoin strategy has been announced, allocating up to $2 million in Bitcoin-related assets to enhance operational flexibility [5] - The company is exploring M&A opportunities, having made a non-binding offer to a potential acquisition target [6][8] - Partnerships with Irvine Labs and Arizona State University have been established to advance psilocybin research and development [7] Future Outlook - The company is optimistic about future growth, emphasizing a diversified foundation, fiscal responsibility, and innovation in psilocybin research [9]

Core Viewpoint - Red Light Holland Corp. is actively enhancing its Bitcoin balance sheet strategy by purchasing shares of the iShares Bitcoin ETF and establishing a corporate account for advanced trading strategies, aiming for long-term value creation and innovation in both cryptocurrency and its core business of functional mushrooms [1][4]. Group 1: Bitcoin Strategy - The company has allocated up to C$2 million towards Bitcoin and related assets, continuing a disciplined accumulation strategy [2]. - To date, Red Light Holland has purchased 10,600 shares of the iShares Bitcoin ETF (IBIT.NE) at an average cost of C$44.60 per share [2]. - The company is collaborating with a leading exchange to set up a corporate account to utilize Arch Public Inc.'s algorithmic trading strategies [3]. Group 2: Leadership and Vision - CEO Todd Shapiro emphasized the meaningful progress in the Bitcoin strategy, highlighting the combination of disciplined ETF accumulation and sophisticated trading tools [4]. - The company aims to align its Bitcoin strategy with its values of personal sovereignty, independence, and choice, which also guide its work in psychedelics and wellness [4]. - Lead Cryptocurrency Advisor Scott Melker noted that the company's balanced approach to Bitcoin is designed to build long-term value [4]. Group 3: Company Overview - Red Light Holland Corp. is engaged in the production, growth, and sale of functional mushrooms and mushroom home grow kits in North America and Europe [5]. - The company also offers a premium brand of psilocybin truffles in the legal recreational market within the Netherlands, adhering to applicable laws [5]. - Red Light Holland is committed to responsible adult-use psychedelics, focusing on education, innovation, and accessibility in the sector [5].

Core Insights - Red Light Holland's CEO, Todd Shapiro, has been invited to the Blockchain Futurist Conference in Miami, scheduled for November 5-6, 2025, to discuss the intersection of blockchain technology and the psychedelics industry [1][3] - The conference aims to explore themes of decentralization and deregulation, particularly how blockchain can support psychedelic deregulation and enhance personal sovereignty [1][3] Company Overview - Red Light Holland is an Ontario-based corporation focused on the production, growth, and sale of functional mushrooms and mushroom home grow kits in North America and Europe, as well as psilocybin truffles in the Netherlands [1][7] - The company has committed to investing up to C$2 million in Bitcoin and related assets, which aligns with its strategy to embrace decentralized finance [3][4] Conference Details - The Blockchain Futurist Conference is a significant event that gathers innovators and thought leaders in blockchain, cryptocurrency, and related fields, promising immersive experiences and expert panels [2] - Todd Shapiro's sessions will cover the role of Bitcoin in corporate treasuries, the potential of Web3 in health and wellness, and regulatory considerations for merging traditional and digital assets [4]

Core Insights - Red Light Holland Corp. reported its audited year-end results for fiscal year 2025, highlighting continued fiscal discipline, strategic growth, and expansion in psilocybin research and development [1][4]. Financial Performance - Total cash balance decreased to $12.838 million in 2025 from $14.372 million in 2024, a decline of $1.534 million [5]. - Revenue increased to $4.944 million in 2025, up by $0.192 million or 4.05% from $4.752 million in 2024 [5]. - Gross profit fell to $1.913 million in 2025, down by $0.107 million or 5.31% from $2.020 million in 2024 [5]. - EBITDA loss significantly reduced to $3.354 million in 2025, a decrease of $3.228 million or 49.04% from $6.582 million in 2024 [5]. - Adjusted EBITDA loss also decreased to $2.532 million in 2025, down by $0.779 million or 23.54% from $3.311 million in 2024 [5]. - Total assets decreased to $21.221 million in 2025 from $24.084 million in 2024, a decline of $2.863 million [5]. Strategic and Operational Achievements - The company has established meaningful partnerships, including a successful wholesale operation and re-orders of Happy Caps mushroom home grow kits from Costco Canada [4][11]. - Entry into the U.S. retail market through Albertsons with Happy Caps products [11]. - Launched Health Canada-approved Functional Mushroom Gummies available on Amazon [11]. - Nearly all operating subsidiaries were cash-positive in FY 2025, excluding non-cash and corporate costs [11]. - Successful shipment of psilocybin raw materials to Irvine Labs in California for the development of microdosing capsules [11]. - Collaboration with Arizona State University on the Psychedelic Genome Project to understand psilocybin response [11]. - Appointment of Dr. Robin Carhart-Harris as a scientific advisor to guide R&D and regulatory pathways [11]. Challenges and Turnarounds - The company faced macro challenges, including a dip in Dutch tourism and banking issues in Canada, but maintained a resilient business model [4][11]. - Experienced a temporary decline in shiitake production at AEM New Brunswick, but recent weeks showed recovery [11]. - AEM Ontario project faced unexpected debanking issues, leading to halted construction financing [11]. Future Outlook - The company remains optimistic about future growth, focusing on fiscal responsibility, innovative psilocybin research, and a diversified foundation including a Bitcoin balance sheet strategy [13].

Red Light Holland will release its 2025 audited year-end results, prior to the opening of the financial markets on Tuesday, July 29th, 2025CEO Todd Shapiro and CFO Keith Li of Red Light Holland will conduct a live Q&A at 11am on Wednesday, July 30th, 2025.Toronto, Ontario--(Newsfile Corp. - July 28, 2025) - Red Light Holland Corp. (CSE: TRIP) (FSE: 4YX) (OTCQB: TRUFF) ("Red Light Holland" or the "Company"), an Ontario-based corporation engaged in the production, growth and sale of functional mushrooms and ...

Core Insights - Red Light Holland Corp. has selected Arch Public Inc. as a key partner for executing Bitcoin purchases, following a recent announcement regarding its Bitcoin balance sheet strategy [1][3] - The partnership aims to leverage Arch Public's algorithmic trading platform to strategically accumulate Bitcoin and enhance treasury diversification [1][2] Company Overview - Red Light Holland is engaged in the production, growth, and sale of functional mushrooms and mushroom home grow kits in North America and Europe, as well as offering psilocybin truffles in the Netherlands [1][6] - The company is committed to responsible adult-use psychedelics, focusing on education, innovation, and accessibility in the sector [6] Strategic Financial Moves - The company is allocating up to C$2 million to Bitcoin and related assets, with strategic investments planned up to C$250,000 per tranche [3] - An initial tranche of C$210,000 was invested in a Bitcoin ETF on June 23, 2025 [3] Partnership Details - Arch Public Inc. specializes in algorithmic crypto trading, focusing on Bitcoin and other cryptocurrencies, with services designed to deliver returns through data-driven trading [2] - The platform's features include strategic accumulation during market dips and customizable strategies for asset growth [2] Leadership Commentary - The CEO of Red Light Holland emphasized that the partnership with Arch Public will help minimize volatility exposure and support the company's Bitcoin balance sheet strategy [3] - The lead Cryptocurrency Advisor highlighted Arch Public's sophisticated algorithms that aim to outperform traditional buy-and-hold strategies [3]

Core Viewpoint - Red Light Holland is implementing a Bitcoin Balance Sheet Strategy, led by Scott Melker, to enhance financial resilience and align with the decentralized ethos of both the psilocybin and cryptocurrency communities [1][2][5]. Group 1: Bitcoin Balance Sheet Strategy - The company is allocating up to C$2 million to Bitcoin and related assets, reflecting its commitment to decentralized systems and personal sovereignty [2][5]. - Key elements of the strategy include strategic investments of up to C$250,000 per tranche, with an initial investment of C$210,000 in a Bitcoin ETF on June 23, 2025, which has already shown significant returns [3][5]. - This strategy positions Red Light Holland alongside Bitcoin-native companies like MicroStrategy and Tesla, emphasizing a commitment to a decentralized future [9]. Group 2: Leadership and Expertise - Scott Melker has been appointed as Senior Advisor and will lead the Bitcoin investment strategy, leveraging his market expertise to enhance the company's credibility in the crypto space [4][10]. - The company aims to unite the progressive communities of psilocybin and cryptocurrency, promoting freedom, resilience, and innovation [8]. Group 3: Company Background - Red Light Holland is engaged in the production and sale of functional mushrooms and psilocybin truffles in the Netherlands, focusing on wellness and financial empowerment [11].