Business
Red Light Holland Appoints Michael Galloro to Board of Directors
Toronto, Ontario--(Newsfile Corp. - March 19, 2025) - Red Light Holland Corp. (CSE: TRIP) (FSE: 4YX) (OTCQB: TRUFF) ("Red Light Holland" or the "Company"), an Ontario-based corporation engaged in the production, growth, and sale of functional mushrooms and mushroom home grow kits in North America and Europe, and a premium brand of psilocybin truffles to the legal, recreational market within the Netherlands, in compliance with all applicable laws, is pleased to announce the appointment ...
About this update from Red Light Holland Corp
[{"type":"text","content":"Toronto, Ontario--(Newsfile Corp. - March 19, 2025) - Red Light Holland Corp. (CSE: TRIP) (FSE: 4YX) (OTCQB: TRUFF) ("Red Light Holland" or the "Company"), an Ontario-based corporation engaged in the production, growth, and sale of functional mushrooms and mushroom home grow kits in North America and Europe, and a premium brand of psilocybin truffles to the legal, recreational market within the Netherlands, in compliance with all applicable laws, is pleased to announce the appointment of Michael Galloro to its Board of Directors, effective immediately.","length":578,"tagName":"p"},{"type":"text","content":"About Michael Galloro","length":21,"tagName":"p"},{"type":"text","content":"Michael Galloro, age 50, is an accomplished executive with over 29 years of hands-on experience in financial and transactional leadership. As the Managing Partner of ALOE Finance, a boutique transaction services firm, Mr. Galloro provides advisory services to small and mid-cap public companies across Canada and the US. His expertise spans mergers and acquisitions, financings, corporate structuring, and corporate governance, with a notable track record of quarterbacking public transactions. Mr. Galloro has successfully listed and transacted Capital Pool Companies, enabling emerging businesses to access public markets, and excels at collaborating with management to refine operational and corporate strategies. A Chartered Professional Accountant and Chartered Accountant, he earned his Honours Bachelor of Accounting from Brock University and began his career in the financial institutions practice at KPMG LLP.","length":918,"tagName":"p"},{"type":"text","content":"In addition to his role at ALOE Finance, Mr. Galloro serves on the Board of Directors of Simply Better Brands Corp. ("SBBC") (TSXV: SBBC) (OTCQX: SBBCF), a rapidly growing brand accelerator in the global protein-based nutrition category. On March 4, 2025, SBBC announced preliminary estimates of exceptional direct-to-consumer ("DTC") sales growth for its TRUBARâ„¢ brand, with a 365% increase from Q1 to Q4 2024, reaching $1.84 million in Q4 - and record DTC sales of over $800K in January 2025, a 596% increase from January 2024.","length":549,"tagName":"p"},{"type":"text","content":"Mr. Galloro chairs SBBC's compensation committee and previously led its audit...