Vancouver, British Columbia–May 26, 2026 – Herbal Dispatch Inc. (CSE: HERB) (OTCQB: LUFFF) (FSE: HA9) (“Herbal Dispatch” or the “Company“), a cannabis e-commerce and distribution platform, is pleased to announce that it has obtained export credit insurance coverage through Export Development Canada (“EDC“) in support of its growing international cannabis export business.
The EDC insurance coverage becomes active on June 1, 2026, and is valid for an initial one-year term. Under the program, Herbal Dispatch may obtain insurance protection of up to $250,000 per qualified export transaction, with the coverage limit reusable throughout the policy term as additional insured transactions are completed.
The EDC coverage is expected to provide protection against non-payment risk on qualified international receivables, enabling the Company to expand its global sales activities with increased confidence, enhanced financial flexibility, and improved working capital efficiency.
The Company has also established financing relationships intended to support future export transactions under the EDC policy framework, which management believes will help facilitate larger and more frequent international shipments while maintaining disciplined risk management practices.
Strengthening Export Strategy
The addition of EDC coverage represents another important operational milestone as Herbal Dispatch continues to expand its international distribution platform. The coverage is expected to:
- Support larger and more frequent international shipments
- Support expansion into new jurisdictions with enhanced credit protection
- Improve access to export financing and working capital solutions
- Mitigate counterparty risk associated with international buyers
- Enhance operational flexibility across the Company’s export business
Herbal Dispatch has been actively expanding its export footprint, with existing customer relationships across multiple international markets including Australia, Portugal, Germany, Brazil, the Czech Republic, the United Kingdom, Switzerland, and Costa Rica.
“Securing EDC coverage is an important advancement for our international business and provides another layer of infrastructure as we continue expanding globally. The ability to insure export receivables while also accessing financing solutions tied to the policy meaningfully strengthens our export platform,” Philip Campbell, CEO of Herbal Dispatch, stated. “We continue to see increasing international demand for premium Canadian cannabis products, particularly in regulated medical markets. With EDC support now in place, we believe Herbal Dispatch is increasingly well positioned to pursue larger export opportunities and continue expanding its international commercial relationships.”
Outlook
The Company expects the EDC policy to play an important role in its 2026 export strategy by supporting increased shipment volumes, broader geographic reach, and enhanced working capital management. Herbal Dispatch intends to continue pursuing additional international opportunities as global medical cannabis markets continue to mature.
Herbal Dispatch will provide further updates as international export activities continue to expand.
ABOUT HERBAL DISPATCH INC.
Herbal Dispatch Inc. 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 Canadian Securities Exchange under the symbol “HERB”.
