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Herbal Dispatch Reports Strong Q3 Growth

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Herbal Dispatch Reports Strong Q3 Growth

Luff Enterprises (TSE:HERB) has released an update.

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Herbal Dispatch Inc. reported a remarkable 120% increase in gross sales in Q3 2024, reaching $3.3 million, with year-to-date revenue growing by 183% to $9.2 million. The company attributes this surge to its expanded export relationships and the successful launch of its new “Happy Hour” brand, which has been well-received in the domestic market. Additionally, Herbal Dispatch achieved positive adjusted EBITDA for three of the past four fiscal quarters.

For further insights into TSE:HERB stock, check out TipRanks’ Stock Analysis page.

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