Press Release: Red Light Holland and Advocacy Group Psychedelic Medicine Alliance Washington Celebrate the Success of their Collaboration as Washington Legislature Funds Psilocybin Wellness Workgroup

● Washington legislators fund $200,000 USD for a Psilocybin Wellness Workgroup to research and write a report that will inform a pathway for future legislation.
● The workgroup will include a member of the Psychedelic Medicine Alliance of Washington as well as other community, health care, and regulatory representatives.

Toronto, Ontario–(Newsfile Corp. – March 11, 2022) – Red Light Holland Corp. (CSE: TRIP) (FSE: 4YX) (OTC Pink: TRUFF) (“Red Light Holland” or the “Company”), an Ontario-based corporation engaged in the production, growth and sale of a premium brand of magic truffles, is pleased to announce its collaboration with Psychedelic Medicine Alliance Washington (“PMAW”) has made progress in its efforts to promote legal psilocybin services in Washington State.

On Thursday, the Washington State Legislature agreed to fund a Psilocybin Wellness Workgroup administered by the state Health Care Authority in conjunction with several other state agencies and stakeholders which will review regulatory models from other states and countries. It will also gather the latest science and information on best practices from both health care professionals and current practitioners. The workgroup will then report back to the Legislature, informing future lawmakers on an appropriate model for Washington State to provide safe and accessible Psilocybin treatments to state residents 21 and older.

Led by Psychedelic Medicine Alliance of Washington (PMAW) in collaboration with Red Light Holland and Red Light Holland’s lobbyist James Paribello, their lobbying efforts helped promote state legislators to begin laying the groundwork for a regulated system of adult-use psilocybin services. After receiving powerful testimony during a public hearing from a broad spectrum of health professionals, religious practitioners, veterans, as well as indigenous persons, senators on the Health Care Committee agreed to explore a regulatory model by providing $200,000 in the state budget.

The full terms of the budget approved can be found here: http://leap.leg.wa.gov/leap/Budget/Detail/2022/cosH-2990.1.pdf. Page 314; Sect. 211.

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