Mr. Philip Campbell reports
HERBAL DISPATCH ANNOUNCES GRANT OF RESTRICTED SHARE UNITS
Herbal Dispatch Inc. has granted an aggregate of 2.76 million restricted share units to certain officers, directors, employees and consultants of the company pursuant to the company's amended
and
restated stock option plan and restricted share unit plan dated effective Oct. 16, 2020.
The
RSUs
vest in three equal instalments on July 1, 2026, Jan. 1, 2027, and July 1, 2027, respectively, and will remain valid so long as the individual
continues
to be an eligible person as such term is defined in the plan. A copy of the plan
is available in
Herbal Dispatch's management information circular prepared in
connection
with its 2024 and 2025 annual general and special shareholder meetings held on June 10, 2025, which was filed on SEDAR+ on May 9, 2025.
Each RSU represents the right to receive,
upon vesting and subject to the terms of the plan, one common share in the capital of the company.
The RSU grants are intended to retain key officers, directors, employees and consultants of the company and to ensure they are compensated at commercially competitive rates.
About Herbal Dispatch Inc.
The company owns and operates leading cannabis e-commerce platforms and is dedicated to providing top quality cannabis to informed consumers at affordable pricing. The company's flagship cannabis marketplace is a trusted source for exclusive access to small-batch craft cannabis flower and a wide array of other product formats. The company's common shares trade on the Canadian Securities Exchange under the symbol HERB.
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