Herbal Dispatch Announces Record-Breaking Month of $4.1M in Sales for October 2025

Rhea-AI Summary

Herbal Dispatch (OTC Pink: LUFFF) reported a record month with $4.1M gross sales in October 2025, a 273% increase versus the Q3 2025 average of $1.1M. The company updated its Q4 2025 sales forecast to $6.4M–$7.0M, implying up to a 112% rise versus Q3 2025's $3.3M. Management attributes October strength to recreational cannabis demand, distribution disruptions in British Columbia, domestic expansion, stronger international partnerships, and new e-commerce product launches. The company says it is well capitalized, expects to maintain recent gross margins, and will file full Q3 financial results on SEDAR in the coming weeks.

Positive

• $4.1M gross sales in October 2025 (record month)
• Sales +273% vs Q3 2025 average ($1.1M)
• Q4 2025 sales guidance of $6.4M–$7.0M (up to +112% vs Q3)
• Cited domestic expansion and strengthened international partnerships

Negative

• October spike partly driven by BC distribution strike, a temporary market dislocation
• Q4 guidance range of $600k suggests near-term forecasting uncertainty
• Full Q3 financial details not yet released, limiting verification of margins

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 Company achieved gross sales of approximately $4.1 million, marking the highest monthly sales in its history and a 273% increase from the average monthly sales of $1.1 million recorded in Q3 2025. This exceptional performance was driven by robust demand in the recreational cannabis segment, enhanced by the recent strike by the BC General Employees' Union, which halted wholesale shipments from the province's primary liquor and cannabis distribution hubs. This has driven retailers across British Columbia to rely on independent wholesalers and the direct delivery program, creating significant growth opportunities for Herbal Dispatch.

Building on this momentum, Herbal Dispatch is updating its forecast for the fourth quarter of 2025 (October to December). The Company now anticipates gross sales in the range of $6.4 million to $7.0 million for Q4 2025, representing a potential increase of up to 112% compared to Q3 2025's $3.3 million. This revised outlook is supported by ongoing domestic expansion across Canada, strengthening international partnerships, and increased traction from new product launches on its e-commerce platform, herbaldispatch.com. The Company is well capitalized for sustained growth into 2026 and expects to maintain gross margins in line with recent quarters, while focusing on operational efficiencies.

"October's record sales underscore the strength of our craft cannabis portfolio and scalability of our business model" said Philip Campbell, CEO and Director of Herbal Dispatch. "As we progress through the final quarter of 2025, we are well-positioned to capitalize on emerging opportunities in both domestic and export markets."

The Company will release its full third quarter financial results in the coming weeks, with detailed statements available on SEDAR at www.sedarplus.ca and on the Company's website at www.herbaldispatch.com.

ABOUT HERBAL DISPATCH INC.

The Company owns and operates leading cannabis e-commerce platforms and is dedicated to providing top quality cannabis to informed consumers at affordable pricing. The Company's flagship cannabis marketplace, herbaldispatch.com, is a trusted source for exclusive access to small-batch craft cannabis flower and a wide-array of other product formats. The Company's common shares trade on the Canadian Securities Exchange under the symbol "HERB"

For further information:
Philip Campbell, CEO and Director
Email: IR@herbaldispatch.com
Telephone: 1-833-432-2420

CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION:

Certain statements in this news release, including statements or information containing terminology such as "anticipate", "believe", "intend", "expect", "estimate", "may", "could", "will", and similar expressions constitute "forward-looking statements" within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, that address activities, events, or developments that the Company or a third party expect or anticipate will or may occur in the future, including the Company's future growth, results of operations, performance, and business prospects and opportunities are forward-looking statements. These forward-looking statements reflect the Company's current beliefs and are based on information currently available to the Company. These statements require the Company to make assumptions it believes are reasonable and are subject to inherent risks and uncertainties.

Actual results and developments may differ materially from the anticipated results and developments discussed in the forward-looking statements as certain of these risks and uncertainties are beyond the Company's control. These risk factors are interdependent and the impact of any one risk or uncertainty on a particular forward-looking statement is not determinable. Examples of forward-looking statements in this news release and the key assumptions and risk factors involved in such statements include, but are not limited to, executing the Company's strategic growth initiatives for 2025 and 2026, including growing sales both domestically and via export and achieving its forecasted Q4 2025 gross revenue estimate. The successful execution of these initiatives is subject to a number of risks and uncertainties, including industry competition, and future customer demand for the Company's products, among others.

Consequently, all of the forward-looking statements made in this news release are qualified by these cautionary statements and other cautionary statements or factors contained herein, and there can be no assurance that the actual results or developments will be realized or, even if substantially realized, that they will have the expected effects on the Company. These forward-looking statements are made as of the date of this news release. Except as required by applicable securities legislation, the Company assumes no obligation to update publicly or revise any forward-looking statements to reflect subsequent information, events, or circumstances.

THE CANADIAN SECURITIES EXCHANGE (THE "CSE") HAS NEITHER APPROVED NOR DISAPPROVED THE CONTENTS OF THIS NEWS RELEASE. NEITHER THE CSE NOR ITS MARKET REGULATOR (AS THAT TERM IS DEFINED IN THE POLICIES OF THE CSE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/274763

FAQ

What were Herbal Dispatch (LUFFF) gross sales for October 2025?

Herbal Dispatch reported $4.1M in gross sales for October 2025, a record monthly level.

How much did LUFFF October 2025 sales rise versus Q3 2025?

October sales were 273% higher than the Q3 2025 average monthly sales of $1.1M.

What is Herbal Dispatch's Q4 2025 sales forecast for LUFFF?

The company updated Q4 2025 gross sales guidance to $6.4M–$7.0M for October–December 2025.

Why did LUFFF see record sales in October 2025?

Management cited strong recreational demand and a BC distribution strike that shifted retailer orders to independent wholesalers and direct delivery.

Will Herbal Dispatch maintain margins according to the update for LUFFF?

The company expects to maintain gross margins in line with recent quarters while focusing on operational efficiencies.

When will Herbal Dispatch release its full Q3 2025 financial results for LUFFF?

Full third quarter financial results will be released in the coming weeks and posted on SEDAR+ and the company website.