Red Light Holland Corp (TSE:TRIP) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Red Light Holland Corp., a producer and seller of functional mushrooms and psilocybin truffles, has completed initial testing and dehydration of their product at CCrest Labs and has now commenced the extraction phase in collaboration with PharmAla. This marks a significant step towards refining psilocybin for therapeutic use and commercial-scale API manufacturing. The company emphasizes its commitment to advancing psychedelic research and developing market-ready products.
For further insights into TSE:TRIP stock, check out TipRanks’ Stock Analysis page.