Herbal Dispatch’s Private Placement and Growth Leap

Luff Enterprises Ltd. (TSE:HERB) has released an update.

Herbal Dispatch Inc. has announced a non-brokered private placement aiming to raise $1 million through the sale of units at $0.05 each, which includes a common share and a warrant. This follows a strong revenue performance, with the company reporting a 67% increase in Q4 2023 sales and overall annual growth, expecting to report $5.7 million for 2023. The funds raised will support the company’s continued growth and working capital needs.

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