Red Light Holland Corp. announced updates regarding its manufacturing plans to create homogenised natural psilocybin microdosing capsules. CCrest Laboratories Inc. ("CCrest Laboratories"), a Montreal-based cGMP pharmaceutical laboratory that holds a Controlled Drugs & Substances Dealer's License from Health Canada, has completed hydration and homogenization and has produced a Certificate of Analysis of Red Light Holland's natural psilocybin truffles grown in the Netherlands that were imported to Canada under a Health Canada licence.

Further, the Company has selected and sourced child proof packaging for its microdosing capsules. The packaging includes a HDPE plastic bottle with Child Resistant Closures (CRC) and an auto lock external box. As disclosed previously, and subject to obtaining Health Canada's approval for export, the natural psilocybin microDosing capsules are intended to be distributed in Australasia by NUBU Pharmaceuticals.

The change in scheduling was announced to take effect on July 1, 2023.