Vancouver, British Columbia--(Newsfile Corp. - October 30, 2025) - Herbal Dispatch Inc. (CSE: HERB) (OTC Pink: LUFFF) (FSE: HA9) ("Herbal Dispatch" or the "Company"), a leader in cannabis distribution, is pleased to welcome Jay Wilgar, a 20-year veteran in startup management and business growth, to its team as a Strategic Advisor to the management team.
Mr. Wilgar is the former CEO and Chairman of Newstrike Brands Ltd.—one of Canada's first licensed cannabis producers, turned industry leader. During his tenure there, Mr. Wilgar raised over $150 million and led its $260 million sale to Hexo Corp, later acquired by Tilray Corp.
Since exiting Newstrike, Mr. Wilgar has served as President, Managing Director, and Founding Partner of Nicoya Ventures Ltd., a venture capital firm focused on post-proof-of-concept companies poised for disruption. It offers advisory services, capital markets support and investor relations.
"I am thrilled to join the Herbal Dispatch team to help advance their rapidly growing cannabis distribution platforms," commented Jay Wilgar. "As the former CEO of NewStrike, I'm excited to apply my experience and expertise in the cannabis sector to support this dynamic and undervalued company as it scales both domestically and internationally.
With its best-in-class e-commerce platform, rigorous producer standards, and unwavering commitment to quality and patient care, Herbal Dispatch is uniquely positioned to lead Canada's medical and recreational markets, as well as the expanding global export opportunities. I'm honored to lend my experience and relationships to accelerate this next phase of growth."
Philip Campbell, CEO of Herbal Dispatch, added, "We are very fortunate to add Jay to our Company, his proven track record of building successful ventures, combined with strategic insights gleaned from his experience as a cannabis executive, will be a great resource for us as we continue to build Herbal Dispatch into a market leader in Canada and internationally."
ABOUT HERBAL DISPATCH INC.
Herbal Dispatch owns and operates leading cannabis e-commerce platforms in Canada, dedicated to providing top-quality cannabis and related products to informed consumers at affordable prices. The Company's flagship marketplace offers exclusive access to small-batch craft cannabis and a wide array of other products.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION:
Certain statements in this news release, including statements or information containing terminology such as "anticipate", "believe", "intend", "expect", "estimate", "may", "could", "will", and similar expressions constitute "forward-looking statements" within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, that address activities, events, or developments that the Company or a third party expect or anticipate will or may occur in the future, including the Company's future growth, results of operations, performance, and business prospects and opportunities are forward-looking statements. These forward-looking statements reflect the Company's current beliefs and are based on information currently available to the Company. These statements require the Company to make assumptions it believes are reasonable and are subject to inherent risks and uncertainties.
Actual results and developments may differ materially from the anticipated results and developments discussed in the forward-looking statements as certain of these risks and uncertainties are beyond the Company's control. These risk factors are interdependent and the impact of any one risk or uncertainty on a particular forward-looking statement is not determinable. Examples of forward-looking statements in this news release and the key assumptions and risk factors involved in such statements include, but are not limited to, expectations regarding the growth potential of Herbal Dispatch, market conditions, and regulatory changes. These statements are subject to a number of risks and uncertainties, including industry competition, and future customer demand for the Company's products, among others.
Consequently, all of the forward-looking statements made in this news release are qualified by these cautionary statements and other cautionary statements or factors contained herein, and there can be no assurance that the actual results or developments will be realized or, even if substantially realized, that they will have the expected effects on the Company. These forward-looking statements are made as of the date of this news release. Except as required by applicable securities legislation, the Company assumes no obligation to update publicly or revise any forward-looking statements to reflect subsequent information, events, or circumstances.
THE CANADIAN SECURITIES EXCHANGE (THE "CSE") HAS NEITHER APPROVED NOR DISAPPROVED THE CONTENTS OF THIS NEWS RELEASE. NEITHER THE CSE OR ITS MARKET REGULATOR (AS THAT TERM IS DEFINED IN THE POLICIES OF THE CSE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

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