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Red Light Holland Secures Major Psilocybin Shipment and Funds

Red Light Holland Secures Major Psilocybin Shipment and Funds

Red Light Holland Corp (TSE:TRIP) has released an update.

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Red Light Holland Corp. has dispatched its largest shipment of natural psilocybin truffles to CCrest Laboratories in Canada, marking a significant step in their R&D project for commercial manufacture of psilocybin-based Active Pharmaceutical Ingredients. The company has also completed a funding round, securing $750,000 through a non-brokered private placement of convertible debentures, further bolstering their financial position for future developments.

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