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Luff Enterprises ( (TSE:HERB) ) has shared an update.
Herbal Dispatch Inc. is highlighting the potential benefits of the U.S. decision to reclassify cannabis from Schedule I to Schedule III, with CEO Philip Campbell describing it as a transformative milestone for the global cannabis industry that validates the plant’s medicinal potential and encourages more harmonized, consumer-focused regulatory frameworks worldwide. The company expects the policy shift to open new opportunities for cross-border collaboration, strategic partnerships, and market expansion into emerging U.S. segments, while improving access to capital for technology and supply chain upgrades that could enhance operational efficiency and long-term shareholder value. In parallel, Herbal Dispatch detailed several compensated, arm’s-length promotional and marketing engagements with third-party firms, reiterating that these campaigns comply with Canadian Securities Exchange policies and securities laws through clear disclosure of compensation and the non–investor relations nature of the activities.
More about Luff Enterprises
Herbal Dispatch Inc. is a Canadian cannabis e-commerce company that owns and operates online marketplaces focused on small-batch craft cannabis and related products. The company targets informed consumers seeking high-quality cannabis at affordable prices and acts as a distribution platform connecting producers with retail customers across Canada.
Average Trading Volume: 137,697
Technical Sentiment Signal: Buy
Current Market Cap: C$12.33M
See more insights into HERB stock on TipRanks’ Stock Analysis page.