Herbal Dispatch Provides Update on Domestic Retail Operations and Proprietary Brand Expansion

Executive Summary

• Herbal Dispatch expanded its recreational cannabis retail footprint in British Columbia by securing seven new product listings with the BCLDB, including three permanent core listings and four limited-time offerings.
• The company's proprietary brand portfolio has grown to over 40 SKUs, marked by the recent launch of two new brands: Chomp (live rosin-infused edibles) and Northern Drip (concentrates and extracts).
• Management emphasized an asset-light, collaborative craft model leveraging BC cultivator partnerships to drive product innovation, alongside ongoing investments in e-commerce technology and AI to support scalability across retail, medical, veteran, and international segments.

Key Details

• Secured 7 new product listings with the British Columbia Liquor Distribution Branch (BCLDB): 3 permanent core listings and 4 limited-time offerings.
• Permanent core listings include: Happy Hour Pure Cake Skunk 2x1g Pre-Rolls (co-produced with Coast Mountain Cannabis), Happy Hour Glacier Berry All-in-One Vape Pen 1g, and Happy Hour Pink Voltage All-in-One Vape Pen 1g.
• Limited-time offerings feature collaborations with Coast Mountain Cannabis, Seastone Farm, Magi Cannabis, Common Roots Extracts, and TWG Micro Cultivation.
• Product categories span premium flower, pre-rolls, vape cartridges, cured resin products, and all-in-one vape devices.
• Proprietary brand portfolio now exceeds 40 SKUs across flower, pre-rolls, vapes, edibles, concentrates, and wellness.
• Launched Chomp, a new edible brand featuring live rosin-infused gummies formulated in BC by a Red Seal Chef, focusing on full-spectrum effects and nostalgic flavor profiles.
• Launched Northern Drip, a concentrates/extracts platform initially featuring strain-specific shatter products produced in BC; future development includes solventless hash rosin, live resin concentrates, and strain-specific vape cartridges.
• Current house-brand portfolio includes Buzz, Happy Hour, Chomp, NU, and Northern Drip.
• Operating strategy centers on an asset-light, collaborative craft model leveraging partnerships with leading BC cultivators/processors to focus internal resources on branding, commercialization, customer acquisition, and distribution.
• Investing in technology, automation, and AI initiatives to improve customer acquisition, product discovery, operational streamlining, and long-term scalability across retail, medical, veteran, and international business segments.
• Company released an updated investor presentation outlining strategic evolution, operational milestones, and growth opportunities across retail, veterans, proprietary brands, and international exports.
• Outlook includes continued proprietary brand expansion, additional provincial listings, new product introductions, and tech enhancements throughout 2026.

Notable Quotes

• Philip Campbell, CEO: "The momentum we're seeing in the recreational channel reflects both strong consumer demand and the strength of our collaborative model. By working with some of the most respected cultivators and producers in British Columbia, we're able to consistently bring differentiated, high-quality products to market while continuing to expand our brand portfolio."
• Philip Campbell, CEO: "Our objective is not simply to launch products, but to build brands that consumers actively seek out. With new provincial listings, expanding product categories, and the successful launch of Chomp and Northern Drip, we believe we are creating a stronger and more diversified platform capable of supporting long-term growth."
• Philip Campbell, CEO: "The recreational channel remains an important component of the broader Herbal Dispatch ecosystem. It provides valuable customer relationships, commercialization opportunities, and brand-building capabilities that support not only our retail operations, but also our medical, veteran, and international growth initiatives."