- Herbal Dispatch (CSE:HERB) grew sales by 38 per cent in 2025, marking its third-straight year of double-digit sales growth, setting a prospective tone for 2026
- The company operates cannabis e-commerce platforms in Canada catering to both the medical and recreational markets
- Herbal Dispatch stock last traded at C$0.075 and has added 7.14 per cent year-over-year
Cannabis e-commerce company Herbal Dispatch (CSE:HERB) grew sales by 38 per cent in 2025, marking its third-straight year of double-digit sales growth, setting a prospective tone for 2026.
Preliminary gross sales for fiscal 2025 are estimated at C$16.5 million, up from C$12 million year-over-year (YoY) – including Q4 sales of C$6.2 million, up by 214 per cent from C$2.9 million YoY – driven by new flower, pre-roll and vape product introductions into the Canadian market, as well as an oversubscribed C$2 million private placement in October to bankroll growth initiatives.
“2025 marked a pivotal year for Herbal Dispatch as we continued to accelerate our growth and solidify our market presence in Canada and overseas,” Philip Campbell, chief executive officer of Herbal Dispatch, said in a statement. “We delivered double-digit growth for the third consecutive year, significantly expanded our product offerings and secured strategic investments to fuel continued innovation. Since our founding, we have built a trusted brand that prioritizes quality, convenience and customer satisfaction. With strong sales momentum and a clear strategic roadmap ahead, we are well-positioned for sustained growth and new opportunities.”
According to Tuesday’s news release, Herbal Dispatch’s priorities for 2026 include expanding market share and creating shareholder value through 1) increasing offerings tailored to Canadian veterans, a segment that has delivered 30 per cent YoY growth in customer acquisition and a more than 89 per cent retention rate, 2) broadening its presence across provinces, aiming for 40 per cent YoY recreational sales growth, supported by expanding SKU counts and e-commerce platform investments in AI-driven personalization and recommendations, and 3) growing exports, with eyes on tripling volumes by 2028, fueled by investments in GMP/EU-GMP compliance, participation in international trade shows, efforts to strengthen partnerships in existing markets including Australia, Portugal, Germany, Brazil and the Czech Republic, as well as pushes into new markets including the United Kingdom, Switzerland, Costa Rica and New Zealand.
About Herbal Dispatch
Herbal Dispatch operates cannabis e-commerce platforms in Canada catering to both the medical and recreational markets.
Herbal Dispatch stock (CSE:HERB) last traded at C$0.075 and has added 7.14 per cent year-over-year.
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