Business
Herbal Dispatch Reports Accelerating Veteran Customer Growth and Expansion of Insurance-Focused Service Channel
Vancouver, British Columbia--(Newsfile Corp. - May 7, 2026) - Herbal Dispatch Inc. (CSE: HERB) (OTCQB: LUFFF) (FSE: HA9) ("Herbal Dispatch" or the "Company"), is pleased to provide an update on the continued growth and expansion of its veteran-focused medical cannabis channel.The Company has experienced sustained acceleration in veteran customer acquisition, driven by targeted outreach, streamlined onboarding, and a dedicated service model tailored to the needs of veterans. Herbal Dispatch is...
About this update from Herbal Dispatch Inc
[{"type":"text","content":"Vancouver, British Columbia--(Newsfile Corp. - May 7, 2026) - Herbal Dispatch Inc. (CSE: HERB) (OTCQB: LUFFF) (FSE: HA9) ("Herbal Dispatch" or the "Company"), is pleased to provide an update on the continued growth and expansion of its veteran-focused medical cannabis channel.","length":307,"tagName":"p"},{"type":"text","content":"The Company has experienced sustained acceleration in veteran customer acquisition, driven by targeted outreach, streamlined onboarding, and a dedicated service model tailored to the needs of veterans. Herbal Dispatch is currently onboarding hundreds of new veteran clients per month, demonstrating accelerating demand and continued optimization of its veteran acquisition and conversion strategy.","length":397,"tagName":"p"},{"type":"text","content":"This growth has resulted in an expanding base of active veteran clients and increasing recurring sales contribution from the insured medical channel. Veteran customers typically demonstrate strong retention and consistent monthly purchasing behaviour, supporting a predictable and scalable revenue stream.","length":305,"tagName":"p"},{"type":"text","content":"The veteran channel represents one of the most attractive segments within the Company's business model. On average, the Company sees approximately $7,000 in annual insured spend per client. Combined with 50%+ gross margins and high customer retention rates, results in a highly scalable recurring revenue stream. The Company continues to invest in this channel as a priority growth area, given its strong lifetime value characteristics and efficient customer acquisition profile.","length":483,"tagName":"p"},{"type":"text","content":"In the first quarter of 2026, the Company increased veteran registrations by approximately 400% compared to all of 2025. Notably, total insured cannabis gross sales revenue for the full year 2025 was $675,000, nearly matched in the first fourth months of 2026 alone-implying a current annualized run rate of ~$2.23 million. This run rate is expected to continue to increase over 2026 as the Company builds out its veteran marketing and sales platform.","length":451,"tagName":"p"},{"type":"table","headerItems":[],"items":[{"val":[{"colspan":"5","style":"border-width:1px;border-style:solid;border-color:#000000;text-align:center;font-size:10px;","val":[...