#psychedelic « AGORACOM Small-cap Investor Relations Blog

Posts Tagged ‘#psychedelic’

VIDEO – Red Light Holland $TRIP.ca $TRUFF Sells Out First 100,000 Grams Of Magic Truffles, Increases 2nd Batch 10X To 1,000,000 Grams $SHRM.ca $RVV.ca $MMED $PLNT.ca $HALO.ca $PSYC.ca

Posted by AGORACOM-JC at 4:42 PM on Tuesday, December 22nd, 2020

https://i.ibb.co/ZdKv64V/Red-Light-Holland-Square.jpg

The dawn of the psychedelics industry could not have come at a more needed time for humanity, as global events have served to exacerbate mental health issues related to anxiety and depression. Investors will need help identifying best of breed psychedelics companies and a review of the Red Light Holland story is all you need to know about where the Company is going.

Red Light Holland (TRIP:CSE) is a psychedelics company focused on the development of premium “magic” truffles in the Netherlands. More than just lip service the Company already has these two very strong pillars in place:

COMMERCIALIZATION – The Company’s recreational brand of magic truffles are already being sold in the Netherlands through existing Smart Shops, as well as, its e-commerce platform through microdose packs. To this end, TRIP has already sold its first 100,000 grams of magic truffles months ahead of schedule, and has now increased production by 10X to 1,000,000 grams (not a typo).

TEAM – In order to help guide the company’s development and operations in the psychedelics space, TRIP has signed former Canopy Growth CEO Bruce Linton as chair of its advisory board and Former Canadian Health Minister, Tony Clement, as Senior Advisor. Company President Hans Derix is a native of the Netherlands and an expert in the space with over a decade of accomplished experience.

As if that wasn’t enough, TRIP has also produced a virtual reality experience for prospective customers who want to experience the effects of their products before actually trying it. The AGORACOM thesis of small cap wealth creation this decade is the convergence of emerging technologies – but even we didn’t foresee the explosive intersection of virtual reality and psychedelics!

If you believe in the future of Psychedelics and Psilocybin in particular, then this interview with Todd Shapiro, CEO of Red Light Holland will be a TRIP.

Tags: #Depression, #Medicine, #psychedelic, #Research, CSE, Magic Truffles, microdose, Oregon109, stocks, tsx, tsx-v
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Red Light Holland $TRIP.ca Commences Growing 1,000,000 Grams of Magic Truffles $SHRM.ca $RVV.ca $MMED $PLNT.ca $HALO.ca $PSYC.ca

Posted by AGORACOM at 9:25 AM on Tuesday, December 15th, 2020

Toronto, Ontario–(Newsfile Corp. – December 15, 2020) – Red Light Holland Corp. (CSE: TRIP) (FSE: 4YX) (OTC Pink: TRUFF) (“Red Light Holland“) is pleased to announce that is has commenced growing its second crop of approximately 1,000,000 (1 Million) grams of magic truffles consisting of three different strains, including Psilocybe Mexicana, Psilocybe Galindoi, and Psilocybe Tampanensis.

“Red Light Holland is ecstatic to announce that we have started to grow our second batch of magic truffles, expected to be 10X the original batch’s size totalling an expected 1,000,000 (1 Million) grams of Magic Truffles. We are proud as a company, in the Psychedelic sector to actually produce product now, as opposed to making mere projections about the future. We believe in providing responsible adult access now, through education and information and we are happy to be moving so quickly and efficiently,” said Todd Shapiro, Chief Executive Officer and Director of Red Light Holland. “We are almost done harvesting our expected first batch, which has been pre-sold, and we are again, excited for this future growth.”

“This is another great day for the Company. We have perfected the harvest process right through to packaging and we are excited to be growing this very large amount of Truffles,” added Hans Derix, President of Red Light Holland (who resides in Horst). “Red Light Holland’s growth operation, including sourcing of truffle’s genetics and working with substrates in a proven and perfect growing environment, including working with the proper equipment to complete the growth process from harvest right through to packaging and distribution is something we are truly proud of.”

Red Light Holland’s growth operation, which is approximately 3,000 square feet custom built, indoor growing, production and distribution facility is in Horst, The Netherlands. The expected batch of 1,000,000 grams of Magic truffles, including Psilocybe Mexicana, Psilocybe Galindoi, and Psilocybe Tampanensis is expected to be available in the Netherlands in mid 2021.

About Red Light Holland Corp.

Red Light Holland is an Ontario-based corporation engaged in the production, growth and sale (through existing Smart Shops operators and an advanced e-commerce platform) of a premium brand of magic truffles to the legal market within the Netherlands, in accordance with the highest standards, in compliance with all applicable laws.

For additional information on Red Light Holland:

Todd Shapiro
Chief Executive Officer & Director
Tel: 647-204-7129
Email: [email protected]
Website: https://redlighttruffles.com/

About Red Light Holland Corp.

For additional information on Red Light Holland:

Todd Shapiro
Chief Executive Officer & Director
Tel: 647-204-7129
Email: [email protected]
Website: https://redlighttruffles.com/

Tags: #Depression, #Medicine, #psychedelic, #Research, CSE, Magic Truffles, microdose, Oregon109
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Red Light Holland $TRIP.ca and Disruptive Pharma Announce Intention to Form Joint Venture in Brazil $SHRM.ca $RVV.ca $MMED $PLNT.ca $HALO.ca $PSYC.ca

Posted by AGORACOM at 8:38 AM on Monday, December 14th, 2020

Toronto, Ontario–(Newsfile Corp. – December 14, 2020) – Red Light Holland Corp. (CSE: TRIP) (FSE: 4YX) (OTC: TRUFF) (“Red Light Holland“), and Disruptive Pharma, a Latin American focused pharmaceutical investment company, are pleased to announce they have entered into a non-binding letter of intent for the purposes of creating a joint venture to cultivate, manufacturer, and commercialize magic truffles for the Brazilian market and to explore other potential business opportunities, subject to compliance with all applicable laws and regulations of Brazil, home to more than 200 million people.

Disruptive Pharma is focused on developing innovative solutions for the health and wellness industry and is a principal investor in Mundihealth.com (MundiHealth), a US based company and the owner of MyPharma2GO.com (MyPharma2Go), a large prescribed medicines website distributing to Brazil and Latin America. MundiHealth.com also has exclusive distribution agreements with some of the largest and most well established vitamin and supplement brands in the world.

“Brazil’s market is huge and we are pleased to enter into this LOI with Disruptive Pharma, with the opportunity to leverage their entire portfolio of companies including MyPharma2Go.com, a large Brazilian online pharmaceutical and supplement distributor,” said Todd Shapiro, CEO and Director of Red Light Holland. “We look forward to bringing our knowledge in growing Magic Truffles for the purposes of cultivating, manufacturing, and distributing in Brazil, while we continue to build our Red Light Holland Brand, sell our iMicrodose packs, and expand our e-commerce strategies.”

Red Light Holland’s intention is to leverage Disruptive Pharma’s proven distribution and health technology experience with their proven knowledge in growing magic truffles. The two company’s visions align as both Red Light Holland and Disruptive Pharma believe in providing responsible access to products that have the potential to enhance quality of life, especially for those in need of innovative treatments and those who have not succeeded with traditional medicines. Red Light Holland and Disruptive Pharma will carefully explore the legalities of magic truffles and magic mushroom products in Brazil and further details of the proposed joint venture will be announced once available.

About MyPharma2GO

In Brazil and other LatAm countries, specific legislation permits consumers to import medicines, medical devices, OTCs and health products. Established in 2018 and headquartered in the US, Mundihealth / MyPharma2Go uses this legislation to bring HCP-focused pharmaceuticals and/or B2C supplements towards the region. By contracting MP2Go’s business services, companies can launch products within 30 days following agreement, legally sidestepping a 1-3 year registration process with Health Authorities, anticipating revenue and testing the market without committing high monetary investment. Once the prescription has been generated and the product purchased, MP2Go dispatches it from its FDA-approved warehouse in Florida, Netherlands or Israel via its proprietary courier service. This permits full tracking of the items, which are delivered directly to the consumer in 7-10 business days under full compliance of Health Authorities and Customs. Customer Care is also a priority for the company, covering all aspects of the HCP and patient/consumer journeys aiming recurrence and solid growth for all brands allied to great user experience.

About Red Light Holland Corp.

For additional information on Red Light Holland:
Todd Shapiro
Chief Executive Officer & Director
Tel: 647-204-7129
Email: [email protected]
Website: https://redlighttruffles.com/

Tags: #Depression, #Medicine, #psychedelic, #Research, CSE, Magic Truffles, microdose, Oregon109, Psychedelic
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N.J. Bill to Lessen Jail Time For ‘Magic’ Mushrooms Moves Forward SPONSOR: Thoughtful Brands $TBI $APH.ca $GBLX $PFE $ACG.ca $ACB.ca $WEED.ca $SHRM.ca $RVV.ca $NOVA.ca

Posted by AGORACOM at 1:30 PM on Friday, December 11th, 2020

SPONSOR: Thoughtful Brands is an established natural health products company focused in the CBD and psychedelic medicine sectors. Through their powerful eCommerce business Thoughtful is a leading direct-to-consumer provider of a wide range of natural health products throughout the United States and Europe. Click Here For More Info

Lawmakers took a step Monday to reduce penalties for possession of magic mushrooms, a criminal justice reform move that also brings them closer to passing a bill to guide the marijuana industry in New Jersey.

The Assembly Judiciary Committee voted 4-1 with one abstention to advance the bill (A5084). It does not decriminalize psilocybin, but makes possession of up to one ounce a disorderly persons offense rather than a third degree crime. That would drop penalties to a maximum of a $1,000 fine and six months in jail.

Currently, those convicted can face between three and five years in prison.

“It’s much simpler than what appears on the surface,” Assemblyman James Kennedy, D-Union, who sponsored the bill, said during Monday’s hearing. “This is really a downgrading of the charges.”

The move to legalize marijuana has been underway in New Jersey since 2014, but mushrooms only came up last month.

As lawmakers sought to pass a bill that would end arrests for up to six ounces of marijuana, Sen. Nicholas Scutari, D-Union, added a provision to downgrade penalties for psilocybin.

The measure passed the Senate by a vote of 29-4, but the Assembly did not put the amended bill for a full floor vote. The mushrooms came unexpectedly and took away from bill’s goal of ending tens of thousands of annual marijuana arrests that disproportionately involve minorities, some said.

Last week, Kennedy introduced the new bill to separate magic mushrooms. That cleared the way for conversations to resume on both the marijuana decriminalization bill and the bill that will establish rules and regulations for the legal industry.

Lawmakers came to a compromise on the setting rules for a new marijuana industry late Friday, and plan to hold a full vote on the legislation on Dec. 17. The Senate will have to repass its decriminalization bill without the mushroom provision and move on its own version.

New Jersey is not the first state to reconsider its laws on psychedelic mushrooms.

Colorado voted to decriminalize mushrooms in 2019 and Oregon voted this November to legalize their use for medicinal purposes. Several cities in California as well as Washington, D.C., have moved to end arrests over mushroom possession.

Some studies show promising medical benefits of psilocybin to treat depression and anxiety, particularly in cancer patients or others with chronic illnesses, like HIV, Mathew Johnson, a professor of psychiatry at and behavioral sciences at Johns Hopkins Medicine, said during the hearing.

He also said psilocybin carries no risk of an overdose, and the greatest risk comes from people making poor choices while impaired, or from people with certain psychological issues like schizophrenia having adverse reactions.

“When you include it even amongst a large group of legal and illegal drugs…psilocybin mushrooms always falls towards the bottom of the rankings in terms of harms to self or harms to others,” he said.

Some lawmakers remained hesitant.

“I think the bill sends the message to young people in our state that the recreational use and misuse of these substances is really not that big a deal,” said Christopher P. DePhillips, R-Bergen, who voted no on the bill.

Those in favor reiterated that the bill would not legalize or decriminalize the use of psilocybin, but would carry a punishment that more closely fit the crime.

“We open up job opportunities to so many folks who may have done this as a one-off, and then suffered with a life-long third degree indictable conviction,” said Assemblyman Raj Mukherji, D-Hudson.

“I think that public policy will be better served by treating this as a criminal act, but as a disorderly persons offense,” he said.

SOURCE https://www.nj.com/marijuana/2020/12/nj-bill-to-lessen-jail-time-for-magic-mushrooms-moves-forward.html

Tags: #Europe, #Psilocybin, #psychedelic, #Sales, #TBI, Cannabis, CBD, natural
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Red Light Holland $TRIP.ca Announces Intention to Acquire Controlling Interest in Psychedelic Insights $SHRM.ca $RVV.ca $MMED $PLNT.ca $HALO.ca $PSYC.ca

Posted by AGORACOM at 8:57 AM on Wednesday, December 9th, 2020

Red Light Holland Corp. (CSE: TRIP) (FSE: 4YX) (OTC: TRUFF) (“Red Light Holland“) is pleased to announce it has entered into a non-binding letter of intent to acquire 51% of Psychedelic Insights in Amsterdam, the Netherlands. Psychedelic Insights currently provides psychedelic assistance to clients from all over the world, who are in need and wanting to try a safe and psychological guided experience. Psychedelic Insights’ dedicated and compassionate facilitators, including a team of psychiatrists, psychologists, therapists and scientists, provide psychological guidance of psychedelic experiences in many different categories including: (i) individuals or small groups (ii) psychedelic palliative care (iii) Re-connecting Veterans and (iv) provides global mental health screening. Psychedelic Insights portfolio also includes unique therapist training and psychedelic assisted leadership coaching.

As part of the expected 51% acquisition, a condition in the agreement will include: an exclusive supply agreement with Red Light Holland’s Truffles, grown from Red Light Holland’s facility in Horst, Netherlands with the intention to be used solely by Psychedelic Insights’ clients.

“I find it so interesting that behind the scenes we’ve been working on this deal for months in the Netherlands, and we just happened to agree to it on the same day Canada granted 17 healthcare professionals to possess and use psilocybin for professional training in psilocybin therapy,” said CEO Todd Shapiro. “Luc Van Poelje, CEO of Psychedelic Insights and his team have a very professional and compassionate business and we are looking forward to potentially helping it grow, because of the capital Red Light Holland can provide. There is a careful due diligence process, but we are very excited at this potential to create another alternative revenue stream as we stay true to our mission of helping people gain access to psilocybin via our Red Light Holland Truffles, responsibly.”

“Our team of psychiatrists, psychologists, therapists and scientists at Psychedelic Insights are all excited to potentially be partnering with Red Light Holland so we can continue to grow our psychedelic assisted service to clients from all over the world, who are in need and wanting to try a safe and psychologically guided experience. Our dedicated and compassionate facilitators are also pleased to potentially use Red Light Holland’s Truffles, exclusively and are pleased at this intention to grow our business so ultimately we can hopefully help more people in need,” added Luc Van Poelje, CEO Psychedelic Insights.

Recently, Red Light Holland announced a non-binding letter of intent with Halo Labs Inc. (“Halo“) for the purposes of creating a joint venture to become a licensed psilocybin manufacturer to supply psilocybin products to licensed service centers in the State of Oregon, and to explore other potential business opportunities in this new regulated market, subject to compliance with all applicable Oregon laws and regulations. The planned acquisition of a majority interest in Psychedelic Insights in The Netherlands keeps in line with the aforementioned theme and future plans of Red Light Holland’s potentially being involved (in multiple countries) in legal psilocybin-assisted initiatives.

In Canada on December 8th, 2020, 17 healthcare professionals were approved by the Canadian Federal Health Minister, Patty Hajdu, to possess and use psilocybin for professional training in psilocybin therapy. The approved healthcare professionals include psychologists, psychiatrists, clinical counselors, social workers, general practitioners, and nurses.

Further details will be announced once made available.

About Psychedelic Insights

Psychedelic Insights provides legal, safe and psychological guidance of magic (psilocybin) truffle experiences based in Amsterdam, The Netherlands.

You can learn more about the company here: https://www.psychedelicinsights.com/

About Red Light Holland Corp.

Red Light Holland is an Ontario-based corporation positioning itself to engage in the production, growth and sale (through existing Smart Shops operators and an advanced e-commerce platform) of a premium brand of magic truffles to the legal market within the Netherlands, in accordance with the highest standards, in compliance with all applicable laws.

For additional information on Red Light Holland:
Todd Shapiro
Chief Executive Officer & Director
Tel: 647-204-7129
Email: [email protected]
Website: https://redlighttruffles.com/

Tags: #Depression, #Medicine, #psychedelic, #Research, CSE, Magic Truffles, microdose, Oregon109, Psychedelic, stocks
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Red Light Holland $TRIP.ca Announces Logo Redesign Contest with Russell Peters and Khloë Including $15,000 in Prizes $SHRM.ca $RVV.ca $MMED $PLNT.ca $HALO.ca $PSYC.ca

Posted by AGORACOM at 9:17 AM on Tuesday, December 8th, 2020

Toronto, Ontario–(Newsfile Corp. – December 8, 2020) – Red Light Holland Corp. (CSE: TRIP) (FSE: 4YX) (OTC: TRUFF) (“Red Light Holland“) is pleased to announce the company will be launching a Logo Redesign Contest on December 14th, 2020 at 8:30am, on multiple social media channels. The premise of the Red Light Holland Logo Redesign Contest is to receive input from graphic designers, artists, day dreamers, psychedelic advocates, influencers, brand builders, creative types, even non creative types – essentially anybody and everybody, who would like to contribute to helping build Red Light Holland’s Brand, reflecting those who support our mission of providing access, while being inclusionary and giving back.

Red Light Holland will announce the rules and regulations for the Logo Redesign Contest on December 14th, 2020 at 8:30am where it is expected that participants will be encouraged to go to social media to make their best pitch as to why they should be a part of the Red Light Holland Logo Redesign Committee, joining Chief Creative Officer Russell Peters (4 million Twitter followers, 1.1 million Facebook likes, and 399,000 Instagram followers), and Clothing Brand Ambassador Khloë Terae, (2.4 million followers on Instagram, 2.2 million likes on Facebook, and 647,000 followers on Twitter.) Ultimately, three (3) winners will be chosen before the new year to join the Redesign Committee. Each of the three (3) winners will receive C$5000.00 for their participation in helping Red Light Holland design a new logo, expected to premier early in 2021.

“When Todd pitched this idea to me, my initial response was a rare one because I replied – that’s not a bad idea at all!” said Russell Peters, Red Light Holland Chief Creative Officer. “We are excited to hear, read and see participants’ reasons on Social Media as to why they should be chosen to be a part of this committee with Khloë and me for Red Light Holland’s Logo Redesign Contest. We are elated to put up $15,000 (CND) to the winners for their creative input. This is right up our alley because it’s outside of the box, it connects with people, it’s collaborative and it’s fun.”

“As our Brand grows, I really wanted to have a logo that represented and reflected those who support us and believe in the future of legal access to psychedelics through education and information. Also, because of the current tough economic times, collectively as a company we were thinking of ways to give back, especially during the holiday season,” said Todd Shapiro, Red Light Holland CEO and Director. “Personally the original/retro logo will always be special to me, but creating a committee with the likes of Russell Peters and Khloë is amazing. This creative initiative to add three winners, who no doubt will be extremely talented people, is heart-warming and to be in a position to help provide our three ultimate winners with $5000 (CND) each for their input is music to my ears. Red Light Holland is proud to help reward people for their feedback and hard work. I can’t wait to meet the winners!”

Further details of Red Light Holland’s Logo Redesign Contest, through multiple social media channels with Russell Peters and Khloë, including rules and regulations will be announced once made available. The Logo Redesign Contest will launch on social media on December 14th, 2020 8:30am. Red Light Holland’s 2020 Collection is available now at www.iMicrodose.ca

The Company also announces that it has engaged Octagon Media Corp. (Parent Company of Wall Street Reporter) to provide online marketing, social media, and presentation services for a term of six months. In consideration, the Company has completed cash payments totaling US$125,000, and has granted 750,000 incentive stock options exercisable at a price of C$0.15 and 750,000 options exercisable at a price of C$0.20, each for a period of 12 months.

About Red Light Holland Corp.

For additional information on Red Light Holland:
Todd Shapiro
Chief Executive Officer & Director
Tel: 647-204-7129
Email: [email protected]
Website: https://redlighttruffles.com/

Tags: #Depression, #Medicine, #psychedelic, #Research, CSE, Magic Truffles, microdose, Oregon109, stocks
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European Commission Reverses Course, Says CBD Should Not Be Regulated As A Narcotic SPONSOR: Thoughtful Brands $TBI $APH.ca $GBLX $PFE $ACG.ca $ACB.ca $WEED.ca $SHRM.ca $RVV.ca $NOVA.ca

Posted by AGORACOM at 12:28 PM on Friday, December 4th, 2020

Makers of CBD foods and supplements no longer face the prospect of a blanket ban in Europe after the European Commission revised its preliminary stance that CBD should be treated as a narcotic.

The Commission sent a statement to the European Industrial Hemp Association and at least one other Novel Food authorization applicant on Wednesday that hemp-derived cannabidiol should not be regulated as a narcotic and therefore can qualify as a food.

The decision comes as a relief to Europe’s hemp industry, reassuring processors and manufacturers that their CBD edible products will not be banned from the EU market.

CBD was included in the EU’s Novel Food Catalogue in January 2019, and since then has required extensive testing and authorization from food safety authorities before it can be included in products and marketed as food across the bloc’s 27 member states.

The European Commission, the executive branch of the European Union, said in July it had stopped reviewing applications for pre-market authorization of CBD products while it decided whether CBD should be regulated as a narcotic.

The Commission cited last month’s Court of Justice ruling, which said CBD derived from the entire hemp plant is not a narcotic under an international drug treaty and is therefore subject to EU law on the free movement of goods among member states.

The Commission’s full statement to Novel Food authorization applicants reads as follows:

“In light of the comments received from applicants and of the recent Court’s judgment in case C-663/184, the Commission has reviewed its preliminary assessment and concludes that cannabidiol should not be considered as drug within the meaning of the United Nations Single Convention on Narcotic Drugs of 1961 in so far as it does not have psychotropic effect. As a consequence, cannabidiol can be qualified as food, provided that also the other conditions of Article 2 of Regulation (EC) No178/2002 are met.”

SOURCE: https://hempindustrydaily.com/breaking-european-commission-reverses-course-says-cbd-should-not-be-regulated-as-a-narcotic/

Tags: #Europe, #Psilocybin, #psychedelic, #Sales, #TBI, Cannabis, CBD, natural, TBI
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Red Light Holland $TRIP.ca Names Internationally Renowned & Award-Winning Designer Karim Rashid as Head of Design $SHRM.ca $RVV.ca $MMED $PLNT.ca $HALO.ca

Posted by AGORACOM at 2:27 PM on Thursday, December 3rd, 2020

Toronto, Ontario–(Newsfile Corp. – December 3, 2020) – Red Light Holland Corp. (CSE: TRIP) (FSE: 4YX) (OTC: TRUFF) (“Red Light Holland” or the “Company”) is pleased to name Karim Rashid – Head of Design, for the design and development of the Wisdom Truffle companion. Karim Rashid who has 1.1 million Facebook followers, 210,000 Instagram followers and 29,000 Twitter Followers, has been described by Time Magazine as the “most famous industrial designer in all the Americas”.

Pictured Karim Rashid

If you cannot view this image, please visit:
https://orders.newsfilecorp.com/files/2017/69459_affa6d480485ab83_001full.jpg

“We are thrilled to name world-renowned designer Karim Rashid, Head of Design at Red Light Holland. While focusing on our core business in the Netherlands, our goal is to create alternative revenue streams while building a global brand that oozes every inch of our ethos, which encourages a lifestyle of healthy daily habits including disconnecting from technology and reconnecting with nature and ourselves for mental clarity. Karim, who has worked with global brands such as Giorgio Armani, HUGO BOSS, Veuve Clicquot and Samsung, believes in our vision and together we will bring it to life through the Wisdom Truffle Companion,” said Red Light Holland CEO and Director, Todd Shapiro. “It’s an honour for our company to work with Karim, a beloved, insanely talented and premium designer.”

“When I first met Todd Shapiro I thought he was crazy!” Said Karim Rashid. “But the more I talked to him, the more I knew – to be candid – his team found the perfect person for the job! As Head of Design, I’m elated to design and promote the Wisdom Truffle and help bring it to life. I’m proud to be a part of a creative initiative, that starts a conversation, promotes positivity and provides comfort – it feels like we need that more than ever right now.”

The Wisdom Truffle is expected to be designed by Karim Rashid. The Wisdom Truffle will be a figurine expected to be produced in three different sizes and which can potentially be sold across the world in approximately late 2021. The idea of the Wisdom Truffle is to work through Red Light Holland’s Augmented Reality to encourage people to leave their phone behind and instead recommend one goes for a “walk” or go outside to “exercise” and to “live in the moment”. The Wisdom Truffle’s intention is to highlight an iMicrodose lifestyle which promotes positivity, help put a smile on one’s face and connect people to an enlightened community.

Pictured Wisdom Truffle from Red Light Holland’s VR experience developed by RadixMotion

To view an enhanced version of this image, please visit:
https://orders.newsfilecorp.com/files/2017/69459_affa6d480485ab83_002full.jpg

In light of the partnership, Red Light Holland issued Karim Rashid 1,052,631 shares pursuant to the Company’s share issuance plan at $0.095 per share. The shares will be subject to a 4-month hold as per Canadian Securities Exchange rule. In addition, Karim Rashid will be paid a fee of US$50,000 over two phases of product development, as well as a 5% Royalty Fee of net sales.

About Karim Rashid:

Karim Rashid is one of the most prolific and colourful designers of his generation. Over 4,000 designs in production, over 300 awards and working in over 40 countries. His renowned work includes products designed for some of the world’s most prominent brands, such as Christofle, Veuve Clicquot, Alessi, Umbra, Bobble, 3M, Samsung, Asus, Kenzo and Hugo Boss. Karim exhibits art in galleries worldwide and is a winner of the Red Dot Award, Chicago Athenaeum Good Design Award, I. D. Magazine Annual Design Review and IDSA Industrial Design Excellence Award.

About Red Light Holland Corp.

The Company is an Ontario-based corporation positioning itself to engage in the production, growth and sale (through existing Smart Shops operators and an advanced e-commerce platform) of a premium brand of magic truffles to the legal market within the Netherlands, in accordance with the highest standards, in compliance with all applicable laws.

For additional information on the Company:

Todd Shapiro
Chief Executive Officer & Director
Tel: 647-204-7129
Email: [email protected]
Website: www.RedLightTruffles.com

Tags: #Depression, #Medicine, #psychedelic, #Research, CSE, Magic Truffles, microdose, Oregon109, stocks
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EU Top Court Rules that CBD Is Not A Narcotic Drug SPONSOR: Thoughtful Brands $TBI $APH.ca $GBLX $PFE $ACG.ca $ACB.ca $WEED.ca $SHRM.ca $RVV.ca $NOVA.ca

Posted by AGORACOM at 11:28 AM on Wednesday, December 2nd, 2020

SPONSOR: Thoughtful Brands is an established natural health products company focused in the CBD and psychedelic medicine sectors. Through their powerful eCommerce business, Thoughtful is a leading direct-to-consumer provider of a wide range of natural health products throughout the United States and Europe

‘CBD doesn’t appear to have any … harmful effect on human health,’ the judges wrote.

The European Union’s highest court ruled today that cannabidiol (CBD) isn’t a narcotic drug.

The decision by the Court of Justice of the European Union (CJEU) is a setback for EU countries that are cracking down on CBD products, arguing they are harmful to people’s health.

At issue was a French case against a Czech company that sold CBD extracted from the whole cannabis plant to use in electronic cigarette cartridges. France only allows extraction from cannabis seeds and fiber — not the whole plant.

The court ruled the law that prompted this legal action against the Czech producers was an unnecessary restriction of the free movement of goods because the substance doesn’t pose a threat to human health.

“A decision to prohibit the marketing of CBD, which indeed constitutes the most restrictive obstacle to trade in products lawfully manufactured and marketed in other [EU] Member States, can be adopted only if that risk appears sufficiently established,” the court wrote.

First, the court set aside EU regulations on hemp — cannabis with less than 0.2 percent of the psychoactive cannabinoid tetrahydrocannabinol (THC) — in the bloc’s Common Agricultural Policy (CAP), because CBD “cannot be considered an agricultural product.”

Second, the court wrote that while countries can prohibit the free movement of goods of a banned substance like narcotic drugs, this prohibition doesn’t apply to CBD — because the substance isn’t a narcotic drug.

For example, it noted, two key U.N. conventions that classify various narcotics don’t specifically mention CBD, although they do mention “cannabis extracts.”

Banning the sale of CBD products because they’re a cannabis extract goes against the “general spirit” of the U.N. conventions, which aim to protect people’s health. CBD, unlike the psychoactive THC, “does not appear to have any psychotropic effect or any harmful effect on human health,” the court wrote.

The court conceded that a country can inhibit the free movement of goods on the basis of “public interest … provided that that legislation is appropriate … and does not go beyond what is necessary.” But such restrictions aren’t justified in this case, it said. As an example, it cited how France has not banned synthetic CBD, which has the same properties but is just not produced using the entire cannabis plant.

The court concluded that France isn’t required to prove that CBD is dangerous like narcotic drugs, but the country’s court must look at scientific data to ensure “the real risk to public health” is not “based on purely hypothetical considerations.”

Cannabis advocates hope that the ruling could set the groundwork for a legal CBD market. Currently, many CBD products in the EU are sold in a legal grey zone that allows cannabis to be sold for agricultural purposes.

Béchir Saket, vice president of the French cannabis advocacy group L630, said that the ruling was a “slap in the face” to France and prohibition of CBD in Europe. France in particular has fought against CBD products by shutting shops and prosecuting people who sell them.

“Many shops had been closed,” Saket said in an email. “Many managers and sometimes their families were taken into police custody or had their homes searched. [But today], the ECJ has ruled in our favour. It is a European decision that secures the CBD market.”

SOURCE: https://www.politico.eu/article/cjeu-rules-that-cbd-is-not-a-narcotic-drug/

Tags: #CanineCBD, #Europe, #Psilocybin, #psychedelic, #Sales, Cannabis, CBD, natural
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Red Light Holland $TRIP.ca Announces Partnership with World Class Influencer & Model Khloe Terae as Clothing Brand Ambassador $SHRM.ca $RVV.ca $MMED $PLNT.ca $HALO.ca

Posted by AGORACOM at 8:49 AM on Wednesday, December 2nd, 2020

Toronto, Ontario–(Newsfile Corp. – December 2, 2020) – Red Light Holland Corp. (CSE: TRIP) (FSE: 4YX) (OTC: TRUFF) (“Red Light Holland” or the “Company“) is pleased to announce it has partnered with model and influencer, Khloë Terae, who has an extensive social media following which includes 2.4 million followers on Instagram (@Khloë ), 2.2 million likes on Facebook, and 647,000 followers on Twitter. Khloë has appeared in Playboy, MAXIM, Sport Illustrated, walked runways in Paris, LA, Miami, NYC, & Toronto, and has appeared on numerous Billboard ads in Beverly Hills, Las Vegas & West Hollywood.

“We are very excited to work so closely with Khloë, who on top of being a world famous model and influencer, is an incredible spokesperson for Autism Speaks and is an all-around great human! Red Light Holland’s core belief is to work with good-natured, empathetic, spiritual, fun and energetic people. We respect Khloë’s social media expertise, her ability to connect with millions of people on a daily basis and we embrace her stylistic integrity,” said Red Light Holland CEO and Director, Todd Shapiro. “We are proud to align ourselves with Khloë – she is candid, cool and engaging – we’re pumped for her to model RLH merch!”

“I’m ecstatic to be partnering with Red Light Holland and the Company’s progressive movement. I’ll be proud to model and promote the Company’s clothing to millions of my followers, in many different settings. I’m Canadian, so I especially love the toques!” said Khloë Terae. “I also look forward to working with Russell Peters and Todd Shapiro and their ultimate vision while assisting in social media growth, brand awareness, and brand development.”

In light of the partnership, Red Light Holland issued Khloë 200,000 stock options (the “Options“) pursuant to the Company’s stock option plan, with 100,000 of the Options vesting immediately upon issuance. The remaining 100,000 shall vest six (6) months following issuance. Each Option allows for the purchase of additional common share in the capital of the Company and shall be exercisable at $0.10. The Options shall be exercisable until December 1, 2023.

About Khloë Terae:

Khloë was born in Toronto, Canada and currently resides in Los Angeles. Khloë considers the world her oasis, as at a young age she was fortunate to have travelled to over 50 countries.

Khloë’s has been featured in Playboy, MAXIM, Sports Illustrated & countless other publications, along with major media campaigns for world-renowned brands which included a handful of billboard advertisements in Beverly Hills, Las Vegas & West Hollywood.

Her experience as a world class model has allowed her to walk the runway of many Fashion Week series, such as Paris, LA, Miami, NYC, & Toronto.

Khloë is also an advocate for raising autism awareness via Autism Speaks.

About Red Light Holland Corp.

For additional information on the Company:
Todd Shapiro
Chief Executive Officer & Director
Tel: 647-204-7129
Email: [email protected]
Website: https://redlighttruffles.com/

Tags: #Depression, #Medicine, #psychedelic, #Research, CSE, Magic Truffles, microdose, Oregon109, stocks
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