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Herbal Dispatch Inc. (formerly was LUFF/Luff Enterprises Ltd. until 2023-01-24)

Company price
0.025 CAD -0.01 ( 16.67%)
Last update at 2026-11-10T19:05:00Z
VOLUME
264400
Market Cap
6.78M

Momentum Score

…

Herbal Dispatch Inc. owns and operates cannabis e-commerce platforms in Canada and the United States. It provides cannabis and cannabis related products comprising dried flowers, pre-rolls, concentrates, vapes, edibles, oils and capsules, topicals, CBD, plants and seeds, and other accessories; and small-batch craft cannabis flower and a range of other product formats through its flagship cannabis marketplace, Herbal Dispatch. The company also provides co-packing and white-labelling services. In addition, it exports its products. The company serves the medical and recreational consumer markets. The company was formerly known as Luff Enterprises Ltd. and changed its name to Herbal Dispatch Inc. in January 2023. Herbal Dispatch Inc. was founded in 2015 and is headquartered in Vancouver, Canada.

Source: TradingView
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Day Price Range
0.03
Low
0.03
High
52 Week Price Range
0.04
Low
0.13
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Herbal Dispatch Inc. is a small Canadian public company that changed its name from Luff Enterprises Ltd. on 24 January 2023 and appears to be repositioning toward herbal and natural health products. Long-term growth may depend on building product sales, expanding distribution, and executing management's strategic plans, which could attract investors seeking exposure to the natural health sector.

Risk Score
High

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
0.03
Dividend Yield
-
Revenue TTM
10.31M
Revenue Per Share
0.13
Gross Profit TTM
1.86M
Debt / Equity
-
ROE
-127.07%
Net Debt
0.94M
ROCE
-36.85%
Diluted EPS TTM
-0.05

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Income before tax -2.77M -2.07M -4.58M -2.38M
Net income -2.77M -2.07M -4.62M -2.40M
Selling general administrative 2.72M 2.29M 1.97M 2.80M
Gross profit 1.99M 1.29M -0.02M 0.24M
Reconciled depreciation 0.40M 0.39M 0.23M 0.67M
Operating income -1.49M -1.68M -2.58M -3.63M
Interest expense 0.29M 0.19M 0.07M 0.09M
Tax provision - 0.00M 0.04M 0.01M
Interest income 0.00M 0.01M 0.11M -
Net interest income -0.29M -0.18M 0.04M -0.09M
Total revenue 9.92M 4.74M 0.32M 0.68M
Total operating expenses 11.42M 6.43M 2.90M 4.32M
Cost of revenue 7.93M 3.45M 0.34M 0.44M
Total other income expense net -0.98M -0.21M -2.04M 1.34M
Net income from continuing ops -2.77M -2.07M -4.62M -2.40M
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total assets 7.92M 8.19M 7.94M 7.25M
Intangible assets 2.85M 3.10M 3.34M 0.03M
Total liab 5.14M 3.95M 1.67M 0.77M
Total stockholder equity 2.78M 4.24M 6.28M 6.48M
Capital stock 77.17M 76.76M 76.74M 72.71M
Retained earnings -78.11M -75.33M -73.26M -68.65M
Good will 1.75M 1.75M 1.75M 0.00M
Cash 0.27M 0.22M 1.20M 3.88M
Total current liabilities 3.86M 2.57M 1.21M 0.34M
Net debt 0.94M 0.85M - -
Short long term debt 0.25M 0.14M 0.47M -
Total current assets 2.60M 2.31M 2.11M 6.06M
Long term investments - 0.00M 0.20M 0.00M
Short term investments - - 0.00M 0.75M
Net receivables 0.47M 0.70M 0.07M 0.03M
Long term debt 0.96M 0.93M 0.46M 0.43M
Inventory 1.60M 1.24M 0.39M 0.34M
Accounts payable 3.36M 2.20M 0.55M 0.23M
Non current assets total 5.32M 5.88M 5.83M 1.19M
Capital lease obligations 0.44M 0.55M 0.00M 0.11M
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Net borrowings 0.04M 0.01M -0.13M -2.00M
Total cash from financing activities 0.45M -0.02M -0.21M -1.41M
Net income -2.77M -2.07M -4.62M -2.40M
Change in cash 0.05M -0.98M -2.68M 1.99M
Begin period cash flow 0.22M 1.20M 3.88M 1.93M
End period cash flow 0.27M 0.22M 1.20M 3.88M
Total cash from operating activities -0.37M -0.95M -2.62M -2.96M
Issuance of capital stock 0.41M 0.00M 0.00M 0.59M
Depreciation 0.40M 0.39M 0.23M 0.67M
Change to inventory -0.36M -0.85M -0.36M -0.20M
Change to account receivables - - - 0.26M
Capital expenditures 0.02M 0.01M 0.05M 0.10M
Change in working capital 0.96M 0.48M -0.36M -0.10M
Stock based compensation 0.04M 0.00M -0.00M 0.31M
Other non cash items 0.01M 0.04M 0.01M 0.03M
Free cash flow -0.40M -0.96M -2.67M -3.05M

Peer Comparison*

Sector: Healthcare Industry: Drug Manufacturers - Specialty & Generic

Stock Name
Change
(CAD)
Price
(CAD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
HERB
Herbal Dispatch Inc. (formerly was LUFF/Luff Enterprises Ltd. until 2023-01-24)
-0.01
16.67%
0.03 - - 0.66 4.88 0.77 -0.74
GTII
Green Thumb Industries Inc
0.04
0.43%
9.28 14.70 34.84 1.91 0.86 1.61 3.95
CL
Cresco Labs Inc
0.02
2.67%
0.77 - 105.26 0.70 0.99 1.32 42.44
JUSH
Jushi Holdings Inc
-0.01
1.59%
0.62 - 17.86 0.52 0.69 1.41 9.56
GRIN
Grown Rogue International Inc
-0.01
2.08%
0.47 23.50 - 3.62 4.10 3.13 11.19

Profile*

Herbal Dispatch Inc. (formerly was LUFF/Luff Enterprises Ltd. until 2023-01-24)

Herbal Dispatch Inc. owns and operates cannabis e-commerce platforms in Canada and the United States. It provides cannabis and cannabis related products comprising dried flowers, pre-rolls, concentrates, vapes, edibles, oils and capsules, topicals, CBD, plants and seeds, and other accessories; and small-batch craft cannabis flower and a range of other product formats through its flagship cannabis marketplace, Herbal Dispatch. The company also provides co-packing and white-labelling services. In addition, it exports its products. The company serves the medical and recreational consumer markets. The company was formerly known as Luff Enterprises Ltd. and changed its name to Herbal Dispatch Inc. in January 2023. Herbal Dispatch Inc. was founded in 2015 and is headquartered in Vancouver, Canada.

1055 West Georgia Street, Vancouver, BC, Canada, V6E 3P3

833 432 2420

Name Title Year Born
Mr. Philip Andrew Campbell Founder, CEO & Director NA
Mr. Jason Neil Vandenberg C.A., CPA Chief Financial Officer 1977
Mr. Priyantha Wimalaratne Chief Scientific Officer NA
Mr. David Christopher Lee Chief Marketing Officer NA
Aron Tegenfeldt Chief Commercial Officer NA
Roderick Wayne Kirkham Company Secretary NA
Garret Senez Vice President of Marketing NA

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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