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Benzinga
Benzinga
Nina Zdinjak

Red Light Holland Q2 Revenue Up 39.1% YoY, Cuts Net Loss Thanks To 'Strong Financial Discipline'

Red Light Holland Corp. (OTCQB:TRUFF) announced its financial results Friday for the three months ending Sept. 30, 2024, reporting revenue of CA$1.37 million ($998,263), up by 39.1% from CA$983,324 in the same period last year. For the six months ended Sept. 30, 2024, the company disclosed revenue of CA$2.93 million, up by 33.9%, from CA$2.19 million in the same period of 2023.

The Ontario-based company produces and sells functional mushrooms and mushroom home grow kits in North America and Europe, and a range of psilocybin truffles to the legal, recreational market in the Netherlands.

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