Red Light Holland Announces Happy Caps 2kg "Mega Block" Mushroom Home Grow Kits Are Now Available in Costco Stores Across Canada

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Toronto, Ontario--(Newsfile Corp. - May 23, 2024) - Red Light Holland Corp. (CSE: TRIP) (FSE: 4YX) (OTCQB: TRUFF) ("Red Light Holland" or the "Company"), a company 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, is excited to announce a strategic update for its wholly owned subsidiary, 4316747 Nova Scotia Limited o/a Happy Caps Mushroom Farms ("Happy Caps") for it's launch and partnership with Costco Canada. Further to the Company's press release on May 6th, 2024 - Happy Caps 2 kg "Mega Block" Mushroom Home Grow Kits are now available at 67 Costco locations across Canada.

Happy Caps 2Kg "Mega Block" Mushroom Home Grow Kits

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"We are thrilled to have the exclusive Happy Caps 2Kg 'Mega Block' Mushroom Home Grow Kits available in 67 Costco locations across Canada. The amount of kits for distribution is the exact same as previously announced. We shipped 120 pallets and over 20,000 units which have freshly landed at the newly selected 67 Costco locations," said Troy Dufour, Red Light Holland's Senior Vice President of Sales. "This strategic alignment with Costco Canada will ensure replenishment at each warehouse, while reaching new consumers in underdeveloped markets for the Happy Caps brand."

The distribution to Costco includes 18 locations in Alberta, 16 in Ontario, 14 in British Columbia, 12 in Quebec, 3 in Saskatchewan, 3 in Manitoba, and 1 in New Brunswick.

Todd Shapiro, CEO and Director of Red Light Holland, emphasized the importance of this partnership: "Our collaboration with Costco Canada is a significant milestone for Happy Caps. We have also proven our ability to scale quickly and efficiently reinforcing Happy Caps' position as a leader in the mushroom home grow kit industry in Canada."

Commitment to Growth and Consumer Accessibility

Happy Caps' exclusive "Mega Block" 2kg home grow kit features three mushroom varieties: Shiitake, Lion's Mane, and Oyster. This innovative product allows consumers to easily cultivate fresh mushrooms at home, supporting a sustainable and healthy lifestyle. The initial order of over 20,000 units from Costco Canada underscores the significant demand for Happy Caps' products in the health and wellness market.