Mr. Philip Campbell reports
HERBAL DISPATCH ANNOUNCES RECEIPT OF U.S. DTC ELIGIBILITY AND ENGAGEMENT OF MARKET MAKER
Herbal Dispatch Inc.'s common shares are now eligible for electronic clearing and settlement through the Depository Trust Company (DTC).
DTC eligibility significantly enhances accessibility for U.S.-based investors by facilitating electronic trading, book-entry delivery and depository services for the company's shares. This improves liquidity and broadens exposure of the company's stock within the North American investment community. DTC, a subsidiary of the Depository Trust & Clearing Corp., manages the electronic clearing and settlement of publicly traded companies in the United States.
This milestone complements the company's primary listing on the Canadian Securities Exchange and its Frankfurt Stock Exchange listing as well as its trading on the U.S. OTCQB market under the ticker symbol LUFFF. The DTC eligibility is expected to improve liquidity and visibility for U.S.-based shareholders and positions the company to capitalize on growing optimism in the American cannabis sector.
Further, certain marketing partner agreements previously announced on Dec. 11, 2025, have reached the end of their original terms and have been extended to June 30, 2026. The company confirms that the capital allocated under these arrangements remains available and has not been deployed. Herbal Dispatch elected to defer campaign execution pending DTC eligibility.
DTC eligibility is anticipated to facilitate improved access to the company's securities for U.S. investors and support broader participation in trading. In anticipation of this development, the company has completed planning for marketing initiatives and related infrastructure, positioning it to deploy previously allocated capital in a timely and measured manner following confirmation of DTC eligibility.
The company has engaged Independent Trading Group Inc., an arm's-length service provider, to provide market-making services in accordance with the policies of the CSE. The agreement provides for a monthly fee of $5,000. The company and Independent Trading Group are unrelated and unaffiliated entities. The engagement is intended to support liquidity, improve trading efficiency and facilitate increased participation from U.S. investors following the company's DTC eligibility.
About Herbal Dispatch Inc.
Herbal Dispatch is a leading operator of cannabis e-commerce platforms in Canada, delivering quality medical and recreational products to discerning consumers at competitive prices. Its flagship marketplace has earned trust as a premier destination for exclusive access to small-batch craft cannabis and a wide selection of curated cannabis products. The company is also actively expanding through exports to international markets, positioning it for sustained growth and new revenue opportunities. The company's common shares trade on the CSE under the symbol HERB.
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