Red Light Holland's FDA-Compliant, DEA-Registered Partner Irvine Labs Receives First Global Shipment of Psilocybin from Company's Netherlands Facility via USA Controlled Substances Permit
Rhea-AI Summary
Red Light Holland (OTCQB: TRUFF) has achieved a significant milestone by completing the first-ever global shipment of naturally occurring psilocybin from its Netherlands facility to Irvine Labs, an FDA-compliant and DEA-registered facility in California. The shipment was made possible through a USA Controlled Substances import permit.
The partnership aims to develop commercialized and standardized psilocybin products for emerging markets and government-funded programs within the United States. Irvine Labs will conduct potency testing and implement advanced shelf life extension protocols on the received materials, leveraging their proprietary preservation technology to maintain product integrity throughout the supply chain.
The company's 2025 DEA quota allocation allows for scaling of R&D processes, with larger shipments being planned for future development.
Positive
- First-ever successful global shipment of natural psilocybin approved via USA Controlled Substances permit
- Partnership with FDA-compliant and DEA-registered Irvine Labs enhances regulatory compliance
- Existing 2025 DEA quota allows for scaling R&D and larger future shipments
- Development of proprietary preservation technology for extended product shelf life
Negative
- Preservation of natural psilocybin compounds presents unique development challenges
- Product development still in early R&D phase with no immediate revenue generation
News Market Reaction
On the day this news was published, TRUFF gained 3.72%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
- Groundbreaking and major precedent setting milestone as first global shipment, via USA Controlled Substances import permit, of naturally occurring Psilocybin from Red Light Holland's facility in Europe successfully delivered to the Company's Partner FDA-Compliant and DEA-Registered Irvine Labs in California
- Psilocybin potency testing and implementation of advanced shelf life extension protocols are immediately underway
- Red Light Holland and Irvine Labs combined goal is to develop a commercialized and standardized psilocybin product that can be legally sold to emerging markets and used in government-funded pilot programs and clinical trials within the United States
Toronto, Ontario--(Newsfile Corp. - July 14, 2025) - Red Light Holland Corp. (CSE: TRIP) (FSE: 4YX) (OTCQB: TRUFF) ("Red Light Holland" or the "Company"), an Ontario-based corporation engaged in the production, growth, and sale of functional mushrooms and mushroom home grow kits in North America and Europe, as well as a premium brand of psilocybin truffles in the legal, recreational market within the Netherlands, in compliance with all applicable laws is excited to announce that it has successfully shipped the Company's naturally occurring psilocybin from their facility in the Netherlands to their research and development partner, Irvine Labs Inc. ("Irvine Labs"), an FDA-compliant and DEA-registered facility in California, United States. With the DEA quota secured and United States Controlled Substances import permit approved, Irvine Labs has now successfully received Red Light Holland's natural psilocybin products, grown in the company's facility in the Netherlands.
The United States controlled substances approved global shipment represents a major groundbreaking milestone in the partnership between the two companies. Potency testing and implementation of advanced shelf life extension protocols are currently underway.
"We are thrilled to announce this historic milestone in our partnership with Irvine Labs, as they have now successfully received the first global shipment, approved by a United States Controlled Substances import permit, of our naturally derived psilocybin from our Netherlands facility," said Todd Shapiro, CEO and Director of Red Light Holland. "This delivery sets a huge precedent and represents a major advancement in our collaboration which brings us significantly closer to our goal of developing high-quality microdosing capsules aimed at global distribution."
Shaun Land, President of Irvine Labs, added, "Receiving the first shipment of psilocybin materials from Red Light Holland's Netherlands facility represents a critical milestone in our collaboration. With the raw materials now in our lab, we will immediately begin comprehensive potency testing followed by testing of our proprietary preservation processes designed to significantly extend shelf life. Our existing 2025 DEA quota provides capacity for larger shipments as we scale our research and development efforts. We have extensive experience working with naturally derived pharmaceutical ingredients and are excited to support Red Light Holland's microdosing program with our expertise in manufacturing and compliance, aiming to extend these innovative products' stability and shelf life."
The preservation of psilocybin from naturally derived compounds presents unique challenges in product development and manufacturing. Through Red Light Holland's partnership with Irvine Labs and the implementation of proprietary preservation technology, Red Light Holland aims to overcome these challenges by developing precise dehydration, manufacturing and storage protocols that maintain the integrity of natural compounds while significantly extending product shelf life. Combined with research into advanced packaging solutions, these innovations represent a comprehensive approach to ensuring product stability and quality throughout the supply chain.
Irvine lab existing 2025 DEA quota allocation allows for scaling of the R&D process following this first shipment from Red Light Holland and larger shipments are currently being planned.
About Irvine Labs
Irvine Labs was established in 1997. Since 2013, Irvine Labs has had a significant investment in medical research and development through its Pharmaceutical Biotechnology Division with a focus on natural medicines, including cannabis, cannabinoids, psilocybin, herbs and other sources of natural medicines. Irvine Labs is licensed for Prescription and Over-the-Counter (OTC) drug manufacturing by the California Department of Public Health (CDPH). Irvine Labs is a DEA Schedule 1 Bulk drug manufacturer, importer and exporter (including marijuana, THC, extracts, psilocybin, psilocin, DET, DMT, LSD, Peyote and Mescaline, and Schedule 1-5 testing lab.
About Red Light Holland
Red Light Holland is an Ontario-based corporation engaged in the production, growth and sale of functional mushrooms and mushroom home grow kits in North America and Europe, and a premium brand of psilocybin truffles to the legal, recreational market within the Netherlands, in compliance with all applicable laws.
For additional information on the Company:
Todd Shapiro
Chief Executive Officer & Director
Tel: 647-643-TRIP (8747)
Email: todd@redlight.co
Website: www.RedLight.co
Forward-Looking Statements and Cautionary Note
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS
This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. These statements relate to future events or future performance. The use of any of the words "could", "intend", "expect", "believe", "will", "projected", "estimated" and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company's current belief or assumptions as to the outcome and timing of such future events.
The forward-looking information and forward-looking statements contained herein include, but are not limited to, statements regarding: the Company's performance, business objectives and milestones and the anticipated timing thereof, and costs in connection with, the execution or achievement of such objectives and milestones, including its plans to continue seeking legal opportunities to increase responsible access to natural psilocybin around the world and Irvine lab's development of the Company's psilocybin; the Company and the Company's partners to maintain its stated licenses and obtain all necessary additional licenses and regulatory approval required for the Company to carry out its plans as described; the expectations with respect to the Company's development work following the successful delivery of the psilocybin shipment to Irvine Labs; the Company's plans for comprehensive potency testing and shelf life extension testing of the delivered psilocybin materials; the Company's plans for future larger shipments of psilocybin materials under Irvine Labs' existing 2025 DEA quota; the Company's continued commitment towards ensuring legal, responsible access to Red Light's standardized natural psilocybin products; the Company's commitment to making further announcements with respect to its overall R&D project, including its partnership with Irvine Labs Inc. and the research project to develop a process for the commercial manufacture of microdosing capsules derived from the Company's psilocybin truffles; the Company proving out potential therapeutic benefits of Psilocybin; the Company receiving important insights from naturally occurring psilocybin truffles; the Company's ability to extract and expand access to psilocybin products; and the Company's ability to scalable production of high-quality, and approved microdoing capsules with extended shelf life via Irvine Labs ability to export their manufactured products from the United States to emerging markets, or sell to government funded pilot programs or clinical trials in the United States or around the world.
Forward-Looking information in this press release are based on certain assumptions and expected future events, namely: the Company's ability to maintain or exceed its current performance, and carry out its business objectives and milestones and under the anticipated timing and costs in connection with, the execution or achievement of such objectives and milestones; the Company and the Company's partners' abilities, including Irvine Labs to maintain its stated licenses and obtain all necessary additional licenses and regulatory approval required for the Company to carry out its plans as described; the Company's ability to realize its plans for continued psilocybin development work following the successful delivery of the 3 shipment to Irvine Labs; the Company's ability to successfully complete comprehensive potency testing and shelf life extension testing of the delivered psilocybin materials; the Company's ability to execute future larger shipments of psilocybin materials under Irvine Labs' existing 2025 DEA quota; the Company's ability for its continued commitment towards ensuring legal, responsible access to Red Light's standardized natural psilocybin products; the Company's ability to maintain its commitment to making further announcements with respect to its overall R&D project, including its partnership with Irvine Labs and their research project to develop a process for the commercial manufacture of natural-source microdoing capsules derived from the Company's psilocybin truffles; the Company proving out potential therapeutic benefits of Psilocybin; the Company receiving important insights from naturally occurring psilocybin truffles; the ability to extract and expand access to psilocybin products; and the Company's ability to have scalable production of high-quality, microdosing capsules with extended shelf life for Global Distribution and The Company's ability to continue shipping products to the United States and eventually the Company's ability to export their manufactured products from the United States to emerging markets, or sell to government funded pilot programs or clinical trials in the US or around the world.
These statements involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from those expressed or implied by such statements, including but not limited to: the Company's inability to maintain or exceed its current performance, and carry out its business objectives and milestones and under the anticipated timing and costs in connection with, the execution or achievement of such objectives and milestones; the Company and the Company's partners' inabilities, including Irvine Labs, to maintain its stated licenses and obtain all necessary additional licenses and regulatory approval required for the Company to carry out its plans as described; the Company's inability to realize upon its plans for continued psilocybin development despite the successful delivery of the 3 kg shipment; potential issues with potency testing results or shelf life extension testing outcomes; potential delays or complications with future larger shipments under the existing DEA quota; potential issues with future shipments or development work; the Company's inability to maintain its commitment towards ensuring legal, responsible access to Red Light's standardized natural psilocybin products; the Company's inability to maintain its commitment to making further announcements with respect to its overall R&D project, including its partnership with Irvine Labs; and The Company's ability to expand and extract access to psilocybin products.
The Company cannot make medical claims and is purely in a R&D phase with its partners Irvine Labs Inc.
Readers are further cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated.
Forward-Looking statements contained in this press release are expressly qualified by this cautionary statement and reflect the Company's expectations as of the date hereof and are subject to change thereafter. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, estimates or opinions, future events or results or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required by applicable law.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/258712
FAQ
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