Red Light unit expands partnership with Albertsons

Executive Summary

• Red Light Holland’s wholly owned subsidiary, Happy Caps Mushroom Farms, has secured an expanded partnership with Albertsons Companies (Safeway) to sell home grow kits in 123 stores across Oregon and Washington.
• This agreement represents an 86% increase in store count from the initial launch of 66 stores, with two seasonal programs scheduled for late fall and the holiday season of 2025.
• The partnership highlights specific product varieties (shiitake, lion's mane, oyster) with U.S.-specific packaging emphasizing "made in the Oregon" and "certified organic" certifications, supported by local production via Trailbridge Farms.

Key Details

• Retail Partner: Albertsons Companies (Safeway banner).
• Store Count: Expanded to 123 locations (up from 66), representing an 86% increase.
• Geographic Footprint: Oregon and Washington State.
• Product Line: Home grow kits featuring shiitake, lion's mane, and oyster mushrooms.
• Packaging & Certification: Enhanced U.S.-specific packaging highlighting "made in the Oregon" and "certified organic" certifications.
• Timeline: Two seasonal programs rolling out in late fall 2025 and Christmas 2025.
• Supply Chain: Continued collaboration with Trailbridge Farms in Oregon to ensure freshness, local production, and improved margins.
• Company Structure: The entity operating the partnership is 4316747 Nova Scotia Ltd., doing business as Happy Caps Mushroom Farms, a wholly owned subsidiary of Red Light Holland Corp.

Notable Quotes

• "We are thrilled to expand our partnership with Safeway to a total of 123 stores across two seasonal programs this year... Nearly doubling our store count in such a short time demonstrates strong momentum and validates consumer demand for our Happy Caps mushroom home grow kits." — Todd Shapiro, CEO and Director, Red Light Holland.