Herbal Dispatch has sales of $4.1-million in October

Executive Summary

• Herbal Dispatch Inc. reported a record-breaking month of gross sales for October 2025, totaling approximately $4.1 million.
• This performance represents a 273% increase from the average monthly sales of $1.1 million recorded in Q3 2025.
• The company has updated its Q4 2025 forecast, anticipating gross sales between $6.4 million and $7.0 million, driven by domestic expansion and international partnerships.

Key Details

• October 2025 Sales: Achieved gross sales of approximately $4.1 million, marking the highest monthly sales in the company's history.
• Quarter-over-Quarter Growth: The October figure represents a 273% increase compared to the average monthly sales of $1.1 million in Q3 2025.
• Q4 2025 Forecast: The company anticipates gross sales in the range of $6.4 million to $7.0 million for the fourth quarter (October to December).
• Q3 Comparison: The Q4 forecast represents a potential increase of up to 112% compared to Q3 2025's total gross sales of $3.3 million.
• Growth Drivers: The surge in October was attributed to robust demand in the recreational cannabis segment, specifically benefiting from a strike by the British Columbia General Employees' Union which halted wholesale shipments from primary distribution hubs, forcing retailers to rely on independent wholesalers and direct delivery programs.
• Strategic Outlook: Growth is further supported by continuing domestic expansion across Canada, strengthening international partnerships, and increased traction from new product launches on the e-commerce platform.
• Financial Health: The company states it is well-capitalized for sustained growth into 2026 and expects to maintain gross margins in line with recent quarters while focusing on operational efficiencies.
• Upcoming Reporting: Full third-quarter financial results are scheduled for release in the coming weeks.

Notable Quotes

• "October's record sales underscore the strength of our craft cannabis portfolio and scalability of our business model," said Philip Campbell, chief executive officer and director of Herbal Dispatch. "As we progress through the final quarter of 2025, we are well positioned to capitalize on emerging opportunities in both domestic and export markets."