Herbal Dispatch Inc.
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Herbal Dispatch CEO Philip Campbell Weighs in on Global Implications of USA Cannabis Reclassification to Schedule III
TMX Newsfile· 2025-12-19 14:51
Vancouver, British Columbia--(Newsfile Corp. - December 19, 2025) - Herbal Dispatch Inc. (CSE: HERB) (OTC Pink: LUFFF) (FSE: HA9) ("Herbal Dispatch" or the "Company") a leading Canadian cannabis e-commerce platform specializing in small-batch craft cannabis, today shared insights from CEO Philip Campbell regarding President Trump's landmark decision to shift cannabis from Schedule I to Schedule III under the U.S. Controlled Substances Act."This development stands as a transformative breakthrough not just f ...
Herbal Dispatch Unveils Strategic Business Plan for 2026 to Drive Sustainable Growth and Enhance Shareholder Value
Newsfile· 2025-12-11 08:01
Core Insights - Herbal Dispatch Inc. has announced a comprehensive Strategic Business Plan for 2026 aimed at driving sustainable growth and enhancing shareholder value, building on its strong historical performance and aiming for significant revenue acceleration while improving gross margins and EBITDA [1][2] Strategic Priorities - **Enhancing Medical Cannabis Sales to Veterans**: The company plans to increase sales in this segment by 200% annually through partnerships with veterans' organizations, development of veteran-specific product bundles, and targeted marketing campaigns. Key performance indicators (KPIs) include 30% year-over-year growth in veteran customer acquisition and maintaining a retention rate above 89% [2][3] - **Expanding Recreational Sales**: Herbal Dispatch aims for 40% year-over-year growth in recreational sales by securing listings with additional provincial cannabis wholesalers and expanding SKU counts in British Columbia from 44 to over 100. KPIs include entering new provinces and boosting British Columbia's market share to 15% [2][5] - **Growing B2B Exports**: The company targets tripling export volumes by 2028, focusing on strengthening partnerships in existing markets and entering new markets. KPIs include 100% year-over-year export revenue growth and adding 2-3 new markets annually [5][6] - **Increasing Investor Awareness**: Herbal Dispatch will engage specialized investor relations and marketing firms to enhance liquidity and attract institutional investors, including quarterly webinars and updated investor materials [6][10] Market Position - Herbal Dispatch holds a unique position among Canadian public cannabis companies, with the longest growth runway in the sector. The company is positioned to simultaneously double medical sales and provincial footprint while tripling exports, which are opportunities that competitors have already exhausted [7][8] Execution Strategy - To execute its strategic priorities, Herbal Dispatch has engaged a coordinated team of agencies, allocating approximately CAD $410,000 for these initiatives, funded from existing working capital [12][13]
Herbal Dispatch Announces Record-Breaking Month of $4.1M in Sales for October 2025
Newsfile· 2025-11-17 12:00
Herbal Dispatch Announces Record-Breaking Month of $4.1M in Sales for October 2025November 17, 2025 7:00 AM EST | Source: Herbal Dispatch Inc.Vancouver, British Columbia--(Newsfile Corp. - November 17, 2025) - Herbal Dispatch Inc. (CSE: HERB) (OTC Pink: LUFFF) (FSE: HA9) ("Herbal Dispatch" or the "Company") is pleased to announce a record-breaking month of sales for October 2025 and an updated forecast for the fourth quarter of 2025, reflecting continued positive momentum.In October 2025, the ...
Herbal Dispatch Brings on Industry Veteran as Strategic Advisor
Newsfile· 2025-10-30 13:00
Core Insights - Herbal Dispatch Inc. has appointed Jay Wilgar as a Strategic Advisor, bringing 20 years of experience in startup management and business growth to the company [1][4] - Wilgar previously served as CEO and Chairman of Newstrike Brands Ltd., where he raised over $150 million and led a $260 million sale to Hexo Corp, which was later acquired by Tilray Corp [2] - Herbal Dispatch aims to leverage Wilgar's expertise to enhance its cannabis distribution platforms and expand both domestically and internationally [4][5] Company Overview - Herbal Dispatch operates leading cannabis e-commerce platforms in Canada, focusing on providing high-quality cannabis and related products at affordable prices [6] - The company's flagship marketplace offers exclusive access to small-batch craft cannabis and a diverse range of products [6] Strategic Goals - The company is positioned to lead in Canada's medical and recreational cannabis markets, as well as in global export opportunities [5] - Wilgar's experience and relationships are expected to accelerate the company's growth phase [5]
Herbal Dispatch Drives Sustained Growth and Retail Support Amid BCGEU Strike, Boosting Shareholder Value
Thenewswire· 2025-10-22 12:30
Vancouver, BC – October 22, 2025 – TheNewswire - Herbal Dispatch Inc. (CSE: HERB) ("Herbal Dispatch" or the "Company"), a premier cannabis e-commerce and distribution platform, today announced a market update highlighting the positive impact of the ongoing BC General Employees' Union (the “BCGEU”) strike on its direct delivery operations. The strike, which began on September 22, 2025, has disrupted central distribution operations at the BC Liquor Distribution Branch (the “LDB”), halting wholesale shipments ...
Herbal Dispatch Announces Closing of Oversubscribed Equity Private Placement
Thenewswire· 2025-10-20 12:30
October 20, 2025 – TheNewswire - Vancouver, B.C. – Herbal Dispatch Inc. (CSE: HERB) (“Herbal Dispatch” or the “Company”) is pleased to announce that in furtherance to its news releases issued on July 29, August 28, and September 3, 2025, the Company has closed its oversubscribed non-brokered private placement (the “Private Placement”), with the sale of 41,564,220 units (each a “Unit”) at a price of CAD$0.05 per Unit, for aggregate subscription proceeds of CAD$2,078,211. Each Unit subscribed for under the ...
Herbal Dispatch Announces Update to Equity Private Placement
Thenewswire· 2025-09-03 11:30
Core Viewpoint - Herbal Dispatch Inc. is conducting a non-brokered private placement aiming to raise up to $1,000,000, with strong interest potentially leading to an oversubscription of up to $2,000,000 [1][2]. Group 1: Private Placement Details - The company plans to issue up to 20,000,000 units at a price of $0.05 per unit, with gross proceeds expected to reach $1,000,000 [1]. - Due to high demand, the private placement may be oversubscribed, allowing for the issuance of up to 40,000,000 units for gross proceeds of up to $2,000,000, which has been approved by the Canadian Securities Exchange [2]. - The closing of the private placement is anticipated to occur around September 19, 2025 [2]. Group 2: Use of Proceeds - Proceeds from the private placement and any oversubscription will be allocated for working capital, including inventory purchases to support export sales growth, supplier payments, and upcoming principal loan payments [3]. Group 3: Company Overview - Herbal Dispatch Inc. operates leading cannabis e-commerce platforms, focusing on providing high-quality cannabis products at affordable prices [4]. - The company's flagship marketplace, herbaldispatch.com, offers exclusive access to small-batch craft cannabis and a variety of product formats [4].
Herbal Dispatch Announces Equity Private Placement
Thenewswire· 2025-07-29 20:15
Core Viewpoint - Herbal Dispatch Inc. is planning a non-brokered private placement to raise up to $1,000,000, which will support its anticipated export growth and working capital needs [1][2]. Group 1: Private Placement Details - The company intends to issue up to 20,000,000 units at a price of $0.05 per unit, with each unit consisting of one common share and one-half common share purchase warrant [1]. - Each full warrant can be exercised for one common share at a price of $0.08 per share for a period of 24 months after the closing date [1]. - The closing of the private placement is expected before August 29, 2025, and is subject to regulatory approvals [3]. Group 2: Use of Proceeds - Proceeds from the private placement will be utilized for working capital to support the company's expected export growth [2]. Group 3: Company Overview - Herbal Dispatch operates leading cannabis e-commerce platforms and aims to provide high-quality cannabis products at affordable prices [4]. - The company's flagship marketplace, herbaldispatch.com, offers exclusive access to small-batch craft cannabis and various product formats [4].
Herbal Dispatch Announces Results of 2024 and 2025 Annual General and Special Shareholder Meeting
Thenewswire· 2025-06-17 21:25
Group 1 - Herbal Dispatch Inc. announced the successful passing of all resolutions at its 2024 and 2025 Annual General and Special Meetings of Shareholders held on June 17, 2025 [1][2] - Shareholders voted to set the number of directors at 3, electing Philip Campbell, Drew Malcolm, and Herb Dhaliwal as directors [2] - Kingston Ross Pasnak LLP was appointed as the Company's auditor for the upcoming year, and the Amended & Restated Stock Option Plan and Restricted Share Unit Plan were approved [2] Group 2 - The Company sought dis-interested shareholder approval for two ordinary resolutions regarding amendments to Unsecured Convertible Debentures [3][4] - The first resolution ratified the third amendment to the 0971289 Unsecured Convertible Debenture, excluding votes from certain related parties, and received majority approval [4] - The second resolution ratified the first amendment to the Herb Dhaliwal Unsecured Convertible Debenture, also excluding votes from related parties, and obtained majority approval [4][5] Group 3 - The amendments to the Unsecured Convertible Debentures are classified as "related party transactions" under Multilateral Instrument 61-101, and the Company is relying on exemptions from formal valuation requirements [5] - The Company did not file a material change report more than 21 days prior to the effective date of these transactions, as they required ratification by dis-interested shareholder approval [6] Group 4 - Herbal Dispatch Inc. operates leading cannabis e-commerce platforms, focusing on providing high-quality cannabis products at affordable prices [7] - The flagship marketplace, herbaldispatch.com, offers exclusive access to small-batch craft cannabis flower and a variety of other product formats [7]
Herbal Dispatch Adjournment Of 2024 & 2025 Annual General And Special Shareholder Meeting
Thenewswire· 2025-06-10 22:35
Core Points - Herbal Dispatch Inc. has adjourned its 2024 and 2025 Annual General and Special Shareholder Meeting originally scheduled for June 10, 2025, to June 17, 2025 [1] - The adjourned meeting will be held virtually via Zoom and physically at a specified location in Vancouver, B.C. [1] - The company was unable to meet its proxy requirements for the former meeting, necessitating the adjournment [2] - All proxies submitted for the former meeting will remain valid for the adjourned meeting unless revoked or amended [3] Company Overview - Herbal Dispatch Inc. operates leading cannabis e-commerce platforms and aims to provide high-quality cannabis products at affordable prices [6] - The company's flagship marketplace, herbaldispatch.com, offers exclusive access to small-batch craft cannabis flower and various other product formats [6] - Herbal Dispatch's common shares are traded on the Canadian Securities Exchange under the symbol "HERB" [6]