Codebase Ventures Inc (CSE:CODE) (OTCQB:BKLLF), a venture capital company investing in early-stage technology and cannabis companies, has announced that its psychedelic-selling investee Red Light Holland began trading on the CSE Friday under the ticker symbol TRIP.
Red Light Holland, based in the Netherlands, grows and sells premium magic truffles in the legal Dutch recreational market through retail stores known as Smart Shops and online.
Codebase invested in the company back in January through its subsidiary Titan Shrooms & Psychedelics Inc.
READ: Codebase Investment subsidiary World High Life's Love Hemp brand increases capacity for LH Botanicals business
Titan is working to reduce the stigma around psychedelics and highlight their medicinal potential for mental health conditions, pain management and addiction. In addition to its investment in Red Light Holland, the company owns a 70% stake in a joint venture with mushroom biotech company Mycology Ventures.
Codebase Ventures, which consists of a small, hands-on team of financial and technology experts, invests in emerging technologies. It makes strategic investments in ambitious founders who aim to upend large markets.
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