Red Light Holland Corp. (CNSX:TRIP) entered into a non-binding letter of intent to acquire Mera Life Sciences LLC on December 30, 2020. On July 29, 2021 Red Light Holland Corp. (CNSX:TRIP) entered into definitive agreement to acquire Mera Life Sciences LLC.

Red Light Holland Corp. (CNSX:TRIP) cancelled the acquisition of Mera Life Sciences LLC on March 23, 2023. In compliance with all applicable laws, have mutually agreed, with Mera Life Sciences ("Mera"), to terminate the relationship previously announced by the Company in its press release dated August 31, 2021. As of the date hereof, the Company has only issued and released 700,000 Red Light Shares to the vendor of Mera (the "Vendor"). The remaining 6,300,000 Red Light Shares have not been released to the Vendors due to several milestones not being fulfilled and that the final implementation of St. Vincent and the Grenadines ("SVG") regulatory framework for the psychedelics industry has yet to be established.