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Luff Enterprises ( (TSE:HERB) ) has provided an update.
Herbal Dispatch Inc. has announced a non-brokered private placement of up to 20 million units at $0.05 per unit, aiming to raise up to $1 million. The funds will support the company’s anticipated export growth, driven by strong customer interest in new opportunities. The placement, subject to regulatory approval, is expected to close before August 29, 2025, and may accept additional funds if oversubscribed, pending CSE approval.
More about Luff Enterprises
Herbal Dispatch Inc. operates leading cannabis e-commerce platforms, focusing on providing top-quality cannabis to informed consumers at affordable prices. The company is known for its flagship marketplace, herbaldispatch.com, which offers exclusive access to small-batch craft cannabis and various product formats. Herbal Dispatch’s common shares are traded on the Canadian Securities Exchange under the symbol ‘HERB’.
Average Trading Volume: 41,365
Technical Sentiment Signal: Sell
Current Market Cap: C$4.91M
For a thorough assessment of HERB stock, go to TipRanks’ Stock Analysis page.