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Herbal Dispatch Inc. (C:HERB)

Business Focus: Alternative Medicine

Get the company report for the most recent outlook updated daily

Insider Chart - Past 6 Months

Insider Filings

Latest 10 SEDI filings for HERB within the last 6 months
See all filings within the past 6 months

Company News

May 28, 2024 06:00 ET
Herbal Dispatch Reports 2024 First Quarter Financial Results
May 28, 2024 – TheNewswire – Vancouver, B.C. – Herbal Dispatch Inc. (CSE: HERB) (“Herbal Dispatch” or the “Company”) is pleased to announce its financial results for the first quarter ended March 31, 2024. Gross revenue in Q1 2024 increased to $1.6 million from just $0.4 million last year, reflecting the significant rate of growth the Company has experienced over the past 12 months and since commencing sales in Canada on the acquired marketplace in the fall of 2022.
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May 08, 2024 15:10 ET
Herbal Dispatch Announces First Closing of Equity Private Placement & Board Change
Vancouver, B.C. – May 8, 2024 – TheNewswire – Herbal Dispatch Inc. (CSE: HERB) (“Herbal Dispatch” or the “Company”) is pleased to announce that it has closed a first tranche of its previously announced non-brokered private placement financing (the “Private Placement”). Pursuant to the Private Placement, the Company issued 8,153,000 units (each a “Unit”), with each Unit being issued at a deemed price of CAD$0.05, for aggregate proceeds of CAD$407,650.
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Valuation Ratios

Price to Sales - TTM
Price to Book - most recent quarter
Price to Cash Flow per share - TTM
Price to Free Cash Flow per share - TTM
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Short Report

DateNumber of Shares ShortedNet Change
Apr 30, 20246,2584,286
Apr 15, 20241,972-450
Mar 31, 20242,422-4,413
See Short Report

Business Summary

Sector:  Healthcare Industry:  Pharmaceuticals

Herbal Dispatch Inc. owns and operates cannabis e-commerce platforms. The Company's flagship cannabis marketplace,, is a source for access to small-batch craft cannabis flower and a wide-array of other product formats. It provides dried flower, pre-rolls, concentrates, vapes, edibles, oils and capsules, topicals, cannabidiol (CBD), plants & seeds, accessories and others. Its edibles products include 4:1 Lemon Gummies; Banana Penis Gummy Soft Chews; Black Forest Starry Night CBD Organic Dark Chocolate; Black Forest THC Organic Dark Chocolate; CBD Blood Orange Soft Chew; CBD Honey Sticks, and others. The CBD products include 15:15 Full Spectrum Oil in Virgin Hemp Seed Oil; Advanced Nano CBD BevDrops; Assuage Breakouts; Assuage Skin; Balanced Mango Haze 510 Cartridge; CBD Daily Relief Cream; Dimension CBD Oil Tincture, and others. The Company's topical products are for those looking for local relief from pain, inflammation and muscle soreness.

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