Market Herald logo

Subscribe

Be the first with the news that moves the market
  • Red Light Holland (TRIP) notches certificate of analysis for psilocybin truffles
  • The analysis was done by Crest Laboratories for the truffles that were grown in the Netherlands and imported to Canada
  • The company has also chosen child-proof packaging for its micro-dosing capsules
  • The capsules are intended to be distributed across Australasia by NUBU Pharmaceuticals
  • Shares of Red Light Holland are up 11.11 per cent to C$0.10 as of 10:48 a.m. EDT

Red Light Holland (TRIP) has received a certificate of analysis for its psilocybin truffles.

The company said the analysis was done by Crest Laboratories for its truffles that were grown in the Netherlands and then imported to Canada under its Health Canada license.

“We are very hopeful that our prestigious partnerships with CCrest and NUBU Pharmaceuticals will bring about an excellent natural psilocybin microdosing product that has the potential of helping many people,” Todd Shapiro, CEO of Red Light Holland, said in a press release. “We will continue to carefully yet aggressively seek legal opportunities to increase responsible access to natural psilocybin around the world.”

Red Light Holland has also chosen child-proof packaging for its micro-dosing capsules. The capsules will be distributed across Australasia by NUBU Pharmaceuticals, subject to approval from Health Canada for exporting purposes.

“This is a great first step towards getting the Microdosing capsules distributed in Australasia,” Mark Dye, CEO of NUBU, said in a statement.

Shares of Red Light Holland (TRIP) are up 11.11 per cent to C$0.10 as of 10:48 a.m. EDT.

More From The Market Herald

@ the Bell: TSX ends September on a low note

Canada’s main stock index ended lower on Friday under the weight of declines in the energy and utilities sectors.

U.S. Supreme Court to review controversial Alaska mine by year’s end

Northern Dynasty Minerals (TSX:NDM) has received updated timelines for comment on the future of its Alaskan mine.
Aritzia

Aritzia Inc. stock jumps after it reports Q2 2024 results

Aritzia Inc. (TSX:ATZ) stock jumped early Friday after the Canada-based fashion design house reported second quarter results for fiscal 2024.