Welcome to our dedicated page for Herbal Dispatch news (Ticker: LUFFF), a resource for investors and traders seeking the latest updates and insights on Herbal Dispatch stock.
Herbal Dispatch Inc. reports developments in cannabis e-commerce and distribution, including medical cannabis platforms, direct-to-consumer ordering, and product-channel expansion. Company updates have covered HerbalDispatch.com, the HeroDispatch platform for veterans and insured medical patients, concierge-style support, clinic integration, and insurance-backed purchasing.
Recurring news themes include growth in veteran customer acquisition, enhancements to Shopify-based e-commerce infrastructure, the Chomp Edibles brand, operating and financial results, capital-structure updates such as DTC eligibility, and governance changes tied to board leadership and strategic oversight.
Herbal Dispatch (OTCQB: LUFFF) launched Northern Drip, a mid-to-premium cannabis extracts brand, on May 12, 2026. It is the company’s fifth in-house brand, joining Buzz, Happy Hour, NU, and Chomp.
Northern Drip targets high-THC, terpene-rich concentrates and vapes, in a Canadian extracts category generating about $1.7 billion and 31.1% of national cannabis sales.
Herbal Dispatch (OTCQB: LUFFF) reports accelerating veteran customer growth and expansion of its insurance-focused service channel. The company says veteran registrations rose ~400% in Q1 2026 versus all of 2025, and insured cannabis gross sales for 2025 of $675,000 were nearly matched in the first four months of 2026, implying an annualized run rate of ~$2.23 million. The veteran channel cites ~$7,000 annual insured spend per client and 50%+ gross margins; Herbal Dispatch plans continued investment in concierge insurance coordination and scaling operations.
Herbal Dispatch (OTCQB: LUFFF) launched an upgraded HeroDispatch.com and enhancements to HerbalDispatch.com on May 5, 2026, targeting insured medical cannabis patients including veterans.
The veteran channel reports gross margins exceeding 50% and targets an underpenetrated segment tied to roughly $245 million in annual Veterans Affairs Canada reimbursements.
Herbal Dispatch (OTCQB: LUFFF) completed its first international export of medical cannabis gummies to Australia on April 30, 2026, generating approximately $350,000 in revenue.
The shipment was sold to a top-three global cannabis company and marks a step in the company's global edibles strategy, with additional follow-on shipments anticipated in 2026 subject to regulatory approvals.
Herbal Dispatch (OTCQB: LUFFF) launched its first edible brand, Chomp Edibles, expanding into Canada’s growing edibles market with craft-inspired gummies in Grape, Cherry Coke, Cherry, Freshly Squeezed Orange and Blueberry.
Chomp offers multiple dosing and pack formats (5mg, 10mg single, 10x and 20x master packs), aligns with recent regulatory changes, and is available via the company’s medical, veteran and select wholesale channels nationwide. Q1 2025 edibles made ~26% of packaged units; the Canadian market reached about $5.2B in annual sales.
Herbal Dispatch (OTCQB: LUFFF) announced it is advancing a U.S. strategy after the U.S. Department of Health and Human Services recommended reclassifying cannabis from Schedule I to Schedule III on April 27, 2026. The company is evaluating partnerships, joint ventures and platform-led, asset-light entry into regulated U.S. medical channels while maintaining Canadian operations.
Herbal Dispatch highlights its patient-acquisition, insurance-supported programs and DTC eligibility as positioning advantages and says rescheduling could improve profitability, access to capital and sector re-rating.
Herbal Dispatch (OTCQB: LUFFF) reported Q4 2025 gross sales of $6.2M (up 115% YoY) and FY2025 gross sales of $16.5M (up 37% YoY). Net revenue was $4.1M in Q4 and $12.1M for FY2025. Adjusted EBITDA was positive $0.1M in Q4 and negative $0.7M for FY2025, with gross margin improving to ~22.7%.
The company raised $2.1M in an oversubscribed private placement in October 2025 and began trading on the OTCQB under LUFFF after year end.
Herbal Dispatch (OTCQB: LUFFF) appointed the Honourable Herb Dhaliwal as a full-time Board member and Chairman effective April 23, 2026. Mr. Dhaliwal is a former Member of Parliament and served as Minister of National Revenue, Natural Resources, and Fisheries and Oceans. The company said his regulatory and public‑policy experience will support Canadian and international expansion and strengthen governance.
Herbal Dispatch (OTCQB: LUFFF) announced its common shares are now eligible for electronic clearing and settlement through the Depository Trust Company (DTC), improving accessibility for U.S. investors and expected to enhance liquidity and visibility in North America. The company also engaged a market maker and extended certain marketing partner agreements to June 30, 2026.
The company confirmed allocated marketing capital remains available and deferred campaign execution pending DTC eligibility; market making services will be provided for a monthly fee of $5,000.
Herbal Dispatch (OTCQB: LUFFF) amended its unsecured convertible debentures, extending the maturity date from January 31, 2026 to January 31, 2028. All other terms remain: 14% annual interest, conversion price CAD$0.06, and threshold price CAD$0.12.
The company obtained a CSE exemption for certain amendment requirements and relied on MI 61-101 exemptions for formal valuation and minority approval as the fair market values were under 25% of market capitalization. Both director-noteholders abstained from the Board vote; no material change report was filed 21 days prior due to ongoing negotiations.