{"success":true,"data":{"pressRelease":{"id":"78869","rtpr_id":"nNFC4Qtm45","ticker":"HERB","exchange":"","all_tickers":["HERB"],"title":"Herbal Dispatch Announces Vesting of RSUs and Satisfaction of Certain Outstanding Fees","author":"Newsfile Corp","published_at":"2026-07-02T07:01:18.574Z","article_body":"Vancouver, British Columbia--(Newsfile Corp. - July 2, 2026) - Herbal Dispatch\nInc. (CSE: HERB) (OTCQB: LUFFF) (FSE: HA9) (\"Herbal Dispatch\" or the\n\"Company\") is providing this update in furtherance to its news release dated\nJanuary 2, 2026, whereby it announced the granting in aggregate of 2,760,000\nrestricted share units (\"RSUs\").\n\nThe RSUs which were granted to certain officers, directors, employees, and\nconsultants of the Company pursuant to the Company's amended and restated\nstock option plan and restricted share unit plan dated effective October 16,\n2020 (the \"Plan\"), are to vest in three equal installments on July 1, 2026,\nJanuary 1, 2027, and July 1, 2027, respectively, and are to remain valid so\nlong as the individual continues to be an \"Eligible Person\" as such term is\ndefined in the Plan.\n\nFollowing the completion of the first vesting period on July 1, 2026, the\nCompany has caused the issuance in aggregate of 920,000 common shares.\n\nIn addition to the foregoing, the Company has also caused the issuance of\n1,430,705 common shares in satisfaction of certain outstanding debt\nobligations of the Company. Each common share in this regard has a deemed\nissuance price of CAD$0.05. The securities issued in satisfaction of the debt\nobligations are subject to a statutory hold period of four months and one day\nfrom the date of issuance pursuant to applicable Canadian securities laws.\n\nABOUT HERBAL DISPATCH\n\nThe Company owns and operates leading cannabis e-commerce platforms and is\ndedicated to providing top quality cannabis to informed consumers at\naffordable pricing. The Company's flagship cannabis marketplace,\nherbaldispatch.com (https://api.newsfilecorp.com/redirect/VvBzvhYvLq), is a\ntrusted source for exclusive access to small-batch craft cannabis flower and a\nwide-array of other product formats. The Company's common shares trade on the\nCanadian Securities Exchange under the symbol \"HERB\".\n\nFor further information contact:\n\nPhilip Campbell, CEO and Director\nEmail: IR@herbaldispatch.com\nTelephone: 1-833-432-2420\n\nCAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION\n\nCertain statements in this news release, including statements or information\ncontaining terminology such as \"anticipate\", \"believe\", \"intend\", \"expect\",\n\"estimate\", \"may\", \"could\", \"will\", and similar expressions constitute\n\"forward-looking statements\" within the meaning of applicable Canadian\nsecurities legislation. All statements, other than statements of historical\nfact, that address activities, events, or developments that the Company or a\nthird party expect or anticipate will or may occur in the future, including\nthe Company's future growth, results of operations, performance, and business\nprospects and opportunities are forward-looking statements. These\nforward-looking statements reflect the Company's current beliefs and are based\non information currently available to the Company. These statements require\nthe Company to make assumptions it believes are reasonable and are subject to\ninherent risks and uncertainties.\n\nActual results and developments may differ materially from the anticipated\nresults and developments discussed in the forward-looking statements as\ncertain of these risks and uncertainties are beyond the Company's control.\nThese risk factors are interdependent and the impact of any one risk or\nuncertainty on a particular forward-looking statement is not determinable.\nConsequently, all of the forward-looking statements made in this news release\nare qualified by these cautionary statements and other cautionary statements\nor factors contained herein, and there can be no assurance that the actual\nresults or developments will be realized or, even if substantially realized,\nthat they will have the expected effects on the Company. These forward-looking\nstatements are made as of the date of this news release. Except as required by\napplicable securities legislation, the Company assumes no obligation to update\npublicly or revise any forward-looking statements to reflect subsequent\ninformation, events, or circumstances.\n\nTHE CANADIAN SECURITIES EXCHANGE (THE \"CSE\") HAS NEITHER APPROVED NOR\nDISAPPROVED THE CONTENTS OF THIS NEWS RELEASE. NEITHER THE CSE NOR ITS MARKET\nREGULATOR (AS THAT TERM IS DEFINED IN THE POLICIES OF THE CSE) ACCEPTS\nRESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.\n\n\nTo view the source version of this press release, please visit\nhttps://www.newsfilecorp.com/release/303691","article_body_html":"","raw_payload":{"data":{"id":"nNFC4Qtm45","title":"Herbal Dispatch Announces Vesting of RSUs and Satisfaction of Certain Outstanding Fees","author":"Newsfile Corp","ticker":"HERB","created":"2026-07-02T07:01:18.574Z","tickers":["HERB"],"exchange":"","article_body":"Vancouver, British Columbia--(Newsfile Corp. - July 2, 2026) - Herbal Dispatch\nInc. (CSE: HERB) (OTCQB: LUFFF) (FSE: HA9) (\"Herbal Dispatch\" or the\n\"Company\") is providing this update in furtherance to its news release dated\nJanuary 2, 2026, whereby it announced the granting in aggregate of 2,760,000\nrestricted share units (\"RSUs\").\n\nThe RSUs which were granted to certain officers, directors, employees, and\nconsultants of the Company pursuant to the Company's amended and restated\nstock option plan and restricted share unit plan dated effective October 16,\n2020 (the \"Plan\"), are to vest in three equal installments on July 1, 2026,\nJanuary 1, 2027, and July 1, 2027, respectively, and are to remain valid so\nlong as the individual continues to be an \"Eligible Person\" as such term is\ndefined in the Plan.\n\nFollowing the completion of the first vesting period on July 1, 2026, the\nCompany has caused the issuance in aggregate of 920,000 common shares.\n\nIn addition to the foregoing, the Company has also caused the issuance of\n1,430,705 common shares in satisfaction of certain outstanding debt\nobligations of the Company. Each common share in this regard has a deemed\nissuance price of CAD$0.05. The securities issued in satisfaction of the debt\nobligations are subject to a statutory hold period of four months and one day\nfrom the date of issuance pursuant to applicable Canadian securities laws.\n\nABOUT HERBAL DISPATCH\n\nThe Company owns and operates leading cannabis e-commerce platforms and is\ndedicated to providing top quality cannabis to informed consumers at\naffordable pricing. The Company's flagship cannabis marketplace,\nherbaldispatch.com (https://api.newsfilecorp.com/redirect/VvBzvhYvLq), is a\ntrusted source for exclusive access to small-batch craft cannabis flower and a\nwide-array of other product formats. The Company's common shares trade on the\nCanadian Securities Exchange under the symbol \"HERB\".\n\nFor further information contact:\n\nPhilip Campbell, CEO and Director\nEmail: IR@herbaldispatch.com\nTelephone: 1-833-432-2420\n\nCAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION\n\nCertain statements in this news release, including statements or information\ncontaining terminology such as \"anticipate\", \"believe\", \"intend\", \"expect\",\n\"estimate\", \"may\", \"could\", \"will\", and similar expressions constitute\n\"forward-looking statements\" within the meaning of applicable Canadian\nsecurities legislation. All statements, other than statements of historical\nfact, that address activities, events, or developments that the Company or a\nthird party expect or anticipate will or may occur in the future, including\nthe Company's future growth, results of operations, performance, and business\nprospects and opportunities are forward-looking statements. These\nforward-looking statements reflect the Company's current beliefs and are based\non information currently available to the Company. These statements require\nthe Company to make assumptions it believes are reasonable and are subject to\ninherent risks and uncertainties.\n\nActual results and developments may differ materially from the anticipated\nresults and developments discussed in the forward-looking statements as\ncertain of these risks and uncertainties are beyond the Company's control.\nThese risk factors are interdependent and the impact of any one risk or\nuncertainty on a particular forward-looking statement is not determinable.\nConsequently, all of the forward-looking statements made in this news release\nare qualified by these cautionary statements and other cautionary statements\nor factors contained herein, and there can be no assurance that the actual\nresults or developments will be realized or, even if substantially realized,\nthat they will have the expected effects on the Company. These forward-looking\nstatements are made as of the date of this news release. Except as required by\napplicable securities legislation, the Company assumes no obligation to update\npublicly or revise any forward-looking statements to reflect subsequent\ninformation, events, or circumstances.\n\nTHE CANADIAN SECURITIES EXCHANGE (THE \"CSE\") HAS NEITHER APPROVED NOR\nDISAPPROVED THE CONTENTS OF THIS NEWS RELEASE. NEITHER THE CSE NOR ITS MARKET\nREGULATOR (AS THAT TERM IS DEFINED IN THE POLICIES OF THE CSE) ACCEPTS\nRESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.\n\n\nTo view the source version of this press release, please visit\nhttps://www.newsfilecorp.com/release/303691"},"type":"article","timestamp":"2026-07-02T07:01:18.60962341Z","server_sent_at_ms":1782975678609},"received_at":"2026-07-02T07:01:18.668Z","source_url":"https://www.newsfilecorp.com/release/303691"},"analysis":{"id":"68110","press_release_id":"78869","analysis_json":{"industry":{"label":"Tobacco","sector":"Consumer Staples"},"redFlags":["debt settlement via equity issuance at low price ($0.05)","no specific names disclosed for RSU recipients"],"eventType":"insider_transaction","narrative":"Herbal Dispatch announced the vesting of the first tranche of 2,760,000 RSUs, resulting in the issuance of 920,000 common shares to officers, directors, employees, and consultants.\n\nThe company also issued 1,430,705 common shares to satisfy outstanding debt obligations at a deemed price of CAD$0.05 per share, subject to a four-month hold period.\n\nThe company operates cannabis e-commerce platforms and trades on the Canadian Securities Exchange under the symbol HERB.","sentiment":"bearish","agentHooks":{"shouldPost":false,"suggestedAngle":"Routine insider vesting and debt settlement issuance."},"keyFigures":{"customDimensions":{"debt_settlement_price_cad":0.05,"shares_issued_rsu_vesting":920000,"shares_issued_debt_settlement":1430705}},"quotedText":"","namedEntities":{"people":[{"name":"Philip Campbell","role":"CEO and Director"}],"products":["herbaldispatch.com"],"companies":[{"name":"Herbal Dispatch Inc.","ticker":"HERB"}],"dollarAmounts":[{"amount":"CAD$0.05","context":"deemed issuance price per share for debt settlement"}]},"materialImpact":{"score":2,"reasoning":"Routine vesting of RSUs and debt settlement via share issuance are standard corporate actions, though the lack of clarity on specific insiders receiving shares and the settlement of debt at a low price ($0.05) signals tight capital conditions."},"tickerRelevance":{"others":[],"primary":"HERB"},"globalImportance":10,"audienceRelevance":15,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"micro-cap","eventGravity":"insider_compensation_and_debt_settlement"}},"event_type":"insider_transaction","event_type_secondary":null,"sentiment":"bearish","material_impact_score":2,"narrative":"Herbal Dispatch announced the vesting of the first tranche of 2,760,000 RSUs, resulting in the issuance of 920,000 common shares to officers, directors, employees, and consultants.\n\nThe company also issued 1,430,705 common shares to satisfy outstanding debt obligations at a deemed price of CAD$0.05 per share, subject to a four-month hold period.\n\nThe company operates cannabis e-commerce platforms and trades on the Canadian Securities Exchange under the symbol HERB.","key_figures":{"customDimensions":{"debt_settlement_price_cad":0.05,"shares_issued_rsu_vesting":920000,"shares_issued_debt_settlement":1430705}},"named_entities":{"people":[{"name":"Philip Campbell","role":"CEO and Director"}],"products":["herbaldispatch.com"],"companies":[{"name":"Herbal Dispatch Inc.","ticker":"HERB"}],"dollarAmounts":[{"amount":"CAD$0.05","context":"deemed issuance price per share for debt settlement"}]},"model_name":"qwen3_6_27b_awq","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-07-04T14:31:19.304Z","global_importance":10,"audience_relevance":15,"importance_components":{"tickerTier":"micro-cap","eventGravity":"insider_compensation_and_debt_settlement"}},"durationMs":1189197,"modelName":"george-droid-qwen-72b"}}