Luff Enterprises (TSE:HERB) has released an update.
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Herbal Dispatch Inc. reported a significant year-over-year increase in Q1 2024 revenue, reaching $1.6 million, up from $0.4 million, showcasing the company’s rapid growth since starting sales in fall 2022. Despite a temporary decline from the previous quarter due to factors such as lack of export sales and lower seasonal demand, the company anticipates a record-breaking second quarter with strong export sales and domestic demand. Herbal Dispatch is expanding into new markets, aiming to boost export volumes further in the latter half of the year.
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