Red Light Holland Announces Happy Caps 2kg "Mega Block" Mushroom Home Grow Kits Are Now Available in Costco Stores Across Canada

Toronto, Ontario--(Newsfile Corp. - May 13, 2025) - Red Light Holland Corp. (CSE: TRIP) (FSE: 4YX) (OTCQB: TRUFF) ("Red Light Holland" or the "Company"), a leader in functional mushrooms and home grow kits across North America and Europe, is pleased to announce that its wholly owned subsidiary, 4316747 Nova Scotia Limited o/a Happy Caps Mushroom Farms ("Happy Caps"), has officially re-stocked its Mushroom Home Grow Kits in Costco Canada stores nationwide, now available in the majority of select Costo Canada locations from coast to coast.

This milestone follows Costco Canada's recent Informal Projection Letter (IPL), outlining a major order of 20,160 units of Happy Caps' newly designed 2kg "Mega Block" Mushroom Home Grow Kits, featuring Shiitake, Lion's Mane, and Oyster varieties. The 20,160 kits were delivered recently and are available, this week, across the country in time for the Victoria Day weekend.

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"We're thrilled to see Happy Caps kits on Costco shelves nationwide," said Todd Shapiro, CEO and Director of Red Light Holland. "Costco's expanded commitment demonstrates strong national demand for our grow-your-own mushroom kits. This is more than just a retail win, it's a meaningful moment for our Happy Caps' brand growth with focus on the mushroom movement."

In addition to its partnership with Costco Canada, Happy Caps continues to explore opportunities with major retailers across North America. With this new Costco Canada launch, Happy Caps products now have seasonal presence in over 430 retail stores across North America.

For more information about Happy Caps and its range of mushroom home grow kits, and the Company's newly launched Functional Mushroom Gummies please visit www.happycaps.ca.

About Happy Caps Mushroom Farm

Happy Caps is an urban gourmet mushroom farm specializing in quality 'grow your own mushroom kits' and Functional Mushroom Gummies.

About Red Light Holland
Red Light Holland is an Ontario-based company focused on the production, growth, and sale of functional mushrooms and mushroom grow kits across North America and Europe. The company also offers premium psilocybin truffles in the legal recreational market in the Netherlands.

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Statement Regarding Forward-Looking Statements

This press release contains certain "forward-looking information" within the meaning of applicable Canadian securities legislation. Such forward-looking information and forward-looking statements are not representative of historical facts or information or current condition, but instead represent only the Company's beliefs regarding future events, plans or objectives, many of which, by their nature, are inherently uncertain and outside of the Company's control. Often, but not always, forward-looking statements and information can be identified by the use of words such as "plans", "expects" or "does not expect", "is expected", "estimates", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Forward-Looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company or its respective subsidiaries to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information contained in this news release. Examples of such information include statements with respect to: the stated plans, goals, and benefits of the partnership with Costco Canada, including the products and mushroom varieties to be offered for sale, the Costco Canada locations which the Company's products will be available for purchase, the amount of locations where Happy Caps Mushroom home Grow kits are located; and the timelines thereof; the stated benefits of the Company's Happy Caps Mushroom Home Grow Kits; the Company's continued exploration of partnerships with major retailers across North America; and the Company's stated number of retail locations where the products are seasonally, its business plans and goals.

Forward-Looking information in this news release are based on certain assumptions and expected future events, namely: continued approval of the Company's activities by the relevant governmental and/or regulatory authorities; the Company's ability to carry out its stated plans, goals, and benefits of the partnership with Costco Canada under the stated timelines; the Company's ability to realize upon the stated benefits of the Company's Happy Caps Mushroom Home Grow Kits; the Company's ability to continue its exploration of partnerships with major retailers across North America; and the Company's ability to carry out its stated business plans and goals.

Risks, uncertainties and other factors involved with forward-looking information could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information, the Company's inability to obtain continued approval of the Company's activities by the relevant governmental and/or regulatory authorities; the Company's inability to carry out its stated plans, goals, and benefits of the partnership with Costco Canada under the stated timelines; the Company's inability to realize upon the stated benefits of the Company's Happy Caps Mushroom Home Grow Kits; the Company's inability to continue its exploration of partnerships with major retailers across North America; the Company's inability to maintain the stated seasonal locations and their repeat orders and business; and the Company's inability to carry out its stated business plans and goals.

Although the Company believes that the assumptions and factors used in preparing, and the expectations contained in, the forward-looking information and statements are reasonable, undue reliance should not be placed on such information and statements, and no assurance or guarantee can be given that such forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information and statements.

The forward-looking information and forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake to update any forward-looking information and/or forward-looking statements that are contained or referenced herein, except in accordance with applicable securities laws.

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