Rhelion Life Sciences Corp.

Rhelion Life Sciences Corp.

0.03
CAD
+0.00
(-16.67%)
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

CEO
Todd Michael Shapiro
Full Time Employees
104
Sector
Process industries
Industry
Agricultural commodities/Milling
Address
1 Adelaide Street East Toronto ON Canada M5C 2V9
IPO Date
Jan 8, 2021
Business
Red Light Holland Corp. (CSE:TRIP; OTCQB:TRUFF) engages in the production, growth, distribution and sale of functional mushrooms, mushroom home grow kits, and premium psilocybin truffles to recreational and emerging medical markets in North America, Europe and the Netherlands; core offerings include iMicrodose and Maka branded magic truffles such as Hollandia, Makanaut, Muskoka, Mexicana, Atlantis, Double Vision, Old Dutch and Utopia varieties; Happy Caps mushroom home grow kits in shiitake, oyster and lion's mane; functional mushroom gummies; MiniChamp home cultivation packages; Mistercap’s wellness products; and related items encompassing cannabidiol products, cannabis seeds, headshop goods, growshop items, cannabis-infused baked goods, Wisdom Truffle figurines and iMicroapp tele-counseling platform. The Toronto-headquartered company, founded in 1982, operates key subsidiaries including wholly-owned Happy Caps Mushroom Farms, SR Wholesale B.V., RLH Netherlands B.V., MiniChamp B.V., AEM (gourmet mushrooms) and Wellness World entities, with production facilities in the Netherlands' Horst region, Canadian farms in New Brunswick, Ontario and Nova Scotia, and partnerships extending to the United States; it serves brick-and-mortar SmartShops, online platforms, major retailers like Costco Canada (82 locations for Happy Caps Mega Block kits), Albertsons/Safeway, Real Canadian Superstore pilots and over 270 Canadian stores via distributors such as Van Noorts. Recent developments encompass full acquisition of Happy Caps minority interest in April 2024; strategic partnership with Trailbridge Mushroom Farms in Oregon for U.S. West Coast distribution in September 2024; expanded Costco Canada reorders totaling over 33,000 Mega Block kits and commitments for 20,000 more in 2025; launch of Health Canada-approved Fun(ctional) Mushroom Gummies (NPN #80137179) on Amazon with stability testing cleared; R&D advancements with FDA-compliant/DEA-registered Irvine Labs including 5kg psilocybin truffle shipments in 2025 for microdosing capsules, potency testing and shelf-life processes; collaboration with Arizona State University on the Psychedelic Genome Project; appointment of Dr. Robin Carhart-Harris as Scientific Advisor; prior partnership with Professor David Nutt and Drug Science for microdosing research; Bitcoin treasury strategy allocating up to $2 million; operational streamlining via sale of Oss retail store, suspension of AEM New Brunswick shiitake production by December 2025 and advanced sale talks for AEM Ontario Peterborough farmland rights at $2.5-2.6 million; and active pursuit of research-driven M&A opportunities as of Q2 2026 results reported November 2025.