Exchange: OTC·Updated 11:46 AM EDT

LUFFF Herbal Dispatch Inc

$0.0239
$0.0023
(8.78%)
Today
Mkt Cap$3.12M
Vol20,000.00

About LUFFF

Herbal Dispatch, Inc. is a CBD lifestyle company, which manufactures and distributes hemp based cannabidiol wellness products. The frim supplies the products in the United States through two brands on its e-commerce platforms. The firm's products include tinctures, gummies, topicals, creams, and gel caps. It focuses on formulations leveraging cannabinoids, such as CBG and CBN; and boosts them with superfood ingredients. The company was founded by Reid Ashley Parr and Philip Campbell on May 30, 2013 and is headquartered in Vancouver, Canada.
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Bullish Sentiment

How do you feel about LUFFF?

snails
$LUFFF strong volume on the cad side. this will follow, after a quiet summer this things ready for another push... 1m traded on cad this morn. buckle up $HERB.CSE $MSOS $CURLF
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Mizajuanaa
$LUFFF Based on the onflow of news releases concerning new international orders this Quarter..... i feel like next earnings will be surprising on the downside.
Mizajuanaa
$LUFFF This is the part I can’t get comfortable with: ~C$400K spent on investor relations/marketing Quarter-end cash: ~C$29K Then shortly after: C$200K secured working-capital loan from directors at ~27.4% annualized So scarce cash went toward promotion, yet the company still ended up needing very expensive insider financing just to support working capital. And what did ~C$400K of IR actually accomplish? The stock is still extremely illiquid and the balance sheet remains stressed. When a company this small is borrowing secured short-term money from insiders at near credit-card rates, capital allocation deserves serious scrutiny.
Mizajuanaa
$LUFFF — the balance sheet is the issue. At Q2: ~C$29K cash vs C$4.33M current liabilities, including ~C$3.48M A/P & accruals. Near-term obligations include: • C$29,955/month financing payments through Mar. 2027 • C$13,075/month lease payments • C$938K debentures at 14% (~C$11K/month interest) • C$60K CEBA due Dec. 2026 • C$140K export loan repayable from proceeds / within 1 year • And after quarter-end, directors had to advance another C$200K short-term working-capital loan, charging 0.65% in week 1 + 0.075% PER DAY thereafter — ~27% annualized, basically credit-card-level financing. Operational improvements are nice, but when insiders are bridging working capital at ~27% with only C$29K cash on the books, the capital structure is clearly far from fixed. Financing/dilution risk remains very real.

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