The Ontario-based Red Light Holland Corp. (OTC:TRUFF), a company engaged in the production, growth & sale of premium psychedelic mushrooms to the Netherlands, has acquired 100 acres of farmland in Cavan-Monaghan, Peterborough, Ontario.
The transaction involved a total of $1.85 million. Through the deal, Red Light intends to work with Acadian Exotic Mushrooms Ltd., a mushroom production facility in New Brunswick majorly owned by Red Light and co-owned by Canadian mushroom producer Holburne Mushroom Farm and Mike & Fernando Medeiros, to convert the farm into two mushroom production facilities.
