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, and a premium brand of psilocybin truffles to the legal, recreational market within the Netherlands, is proud to announce the Company has committed to becoming an aligned supporter and advocate with TheraPsil, a non-profit organization comprised of healthcare practitioners, patients and advocates, that is engaged in raising money through public donations in support of advancing a charter challenge relating to the prohibition of psilocybin under the Controlled Drugs and Substances Act ('CDSA"), on the basis that the prohibition of psilocybin under the CDSA constitutes a violation of Section 7 of Canada's Charter of Rights and Freedoms (the "Charter"). Red Light Holland will provide financial support to TheraPsil in furtherance of its objective in commencing a charter challenge pursuant to Section 7 of the Charter and obtaining remedy from the court in connection with the alleged breach of the Charter (the "Objective")

Financial Commitment of Red Light Holland:

Red Light Holland has agreed to provide financial support of up to $10,000, to TheraPsil in connection with the Objective.

• Red Light Holland agrees to match donations received by TheraPsil through public donations commensurate to each $1.00 donated, up to $10,000.
  
  
• If TheraPsil raises $10,000 in the next three-month period Red Light Holland will explore the possibility of continuing with a significant financial contribution, via another donation match to further support the objective.

Red Light Holland x TheraPsil CEO Collaboration:

Red Light Holland CEO Todd Shapiro and TheraPsil CEO Spencer Hawkswell are proud to join forces, as together these proudly vocal CEOs will collaborate on Print, TV, Radio, Podcast, Social Media posts, Internet interviews and promotional materials to launch and raise awareness to Red Light's matching donation campaign in support of TheraPsil. The lawsuit argues that by denying patients access to psilocybin, the Canadian government is contravening the right to life, liberty and security of patients.

Red Light Holland encourages the public to support this important cause and make a donation today at www.TheraPsil.ca. On top of helping the Charter challenge financially, Red Light Holland will offer to support Paul Lewin, a well-known Cannabis legalization Lawyer and his legal team with expert knowledge and data consensually collected from clients in the Netherlands showing the safety and efficacy of natural psilocybin.

"Red Light is proud to partner and provide financial support with TheraPsil in trying to change the laws to provide all Canadian adults who need it with legal access to psilocybin. We are grateful to be working with such a beautiful organization, who have led the way in Canada to achieve exemptions and special access to magic mushrooms for their patients, helping many in need," said Red Light Holland CEO and Director, Todd Shapiro. "Personally, I'm really blessed to share the stage with TheraPsil CEO Spencer Hawkswell, as together we will promote the matching donation drive wherever we can. Working with Spencer and TheraPsil's respected and experienced legal team, including Paul Lewin and David Wood is truly an incredible partnership, I mean, we've always stated we are the People's company wanting to make a difference for positive change - and we believe this is just another example of that. If successful, Red Light has the opportunity to be a part of leaving a legacy when it comes to giving back and helping those in need - and that makes all of us so proud!"

TheraPsil CEO Spencer Hawkswell: "TheraPsil and our Delegation are in Ottawa this week to advocate for compassionate access to psilocybin. We want to work with the government to find a solution to the cruel treatment of palliative Canadians who are seeking medical access to psilocybin to treat their end-of-life distress and mental illness. Many seek Psilocybin as a treatment for their anxiety, depression, and pain. Some see it as an alternative to Medical Assistance in Dying (MAiD), while others find it helps with the process. If we have the right to die, we should have the right to try Psilocybin. We are encouraging the government to work with Patients, Healthcare professionals and industry on medical regulations. However, this has been fruitless for the past 3 years and patients are still fighting. This Constitutional challenge could be the only way to enshrine the rights of Canadians and ensure access. With Red Light's matching donation and support, we will keep the plaintiffs and lawyers well-funded and on track to ensure change comes swiftly. So please, go to www.TheraPsil.ca and donate today, as Red Light is ready to match your dollars."

"This financial aid from Red Light Holland comes at a crucial time that will greatly benefit the resources we can utilize towards the case," said Paul Lewin, head legal counsel leading the lawsuit.

About Paul Lewin and Sagara LLP

Paul Lewin has been a criminal defence lawyer in Toronto and across Canada for over 20 years. His focus concerns litigation and consultation on matters related to the cannabis plant and psychedelics. He advocates for cannabis rights with the National Organization for the Reform of Marijuana Laws in Canada.

About TheraPsil:

TheraPsil is a non-profit coalition dedicated to helping Canadians in medical need access legal, psilocybin-assisted psychotherapy and medical psilocybin.

TheraPsil was formed in 2019 and is made up of healthcare practitioners, patients, community members, and advocates.

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, please contact:

Todd Shapiro
Chief Executive Officer and Director
Tel: 647-643-TRIP (8747)
Email: todd@redlight.co
Website: www.RedLight.co