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Herbal Dispatch Inc C.HERB

Alternate Symbol(s):  LUFFF

Herbal Dispatch Inc. owns and operates cannabis e-commerce platforms. The Company’s flagship cannabis marketplace, Herbal Dispatch, is a source for access to small-batch craft cannabis flower and a wide array of other product formats. It provides dried flower, pre-rolls, concentrates, vapes, edibles, oils and capsules, topicals, cannabidiol (CBD), plants & seeds, accessories and others. Its edibles products include Banana Penis Gummy Soft Chews; Black Forest Starry Night CBD Organic Dark Chocolate; CBD Blood Orange Soft Chew; CBD Party Pack; Chocolate Chip Cookie, and others. The CBD products include 15:15 Full Spectrum Oil in Virgin Hemp Seed Oil; Advanced Nano CBD BevDrops; ACDC Pre-rolls; 19 Paths CBD-Infused Herbal Rub; 1:1 Relief Cream; CBD 50 Max 3000 Oil Drops, and others. Its topical products are for those looking for local relief from pain, inflammation and muscle soreness. Its vapes products include 3 Blue Kings Rosin Vape, Balanced Mango Haze 510 Cartridge, and others.


CSE:HERB - Post by User

Bullboard Posts
Comment by Industryguyson Feb 05, 2019 8:43pm
169 Views
Post# 29323814

RE:RE:RE:RE:RE:RE:RE:Share acquisition

RE:RE:RE:RE:RE:RE:RE:Share acquisition This was posted a few weeks ago:
Got more inside info on the Ascent Industries license issues. Turns out the story is deeper & involves bureaucratic problems that weren't necessarily ascents doing. Former execs taking the hit because pointing blame where it lies would put the company at odds with Health Canada.


Information comes from a third party with familiarity with the situation, so take with a grain of salt, but makes more sense.

Reportedly ascent was working a 'transition plan' to move from grey market to legal with HC blessing when HC gave them a license.  Mid plan HC changed mind.

Stating that there’s almost zero chance is a little harsh. There’s clearly more to this story than we all know but it’s certainly not black and white. 

One could interpret this acquisition that they’re optimistic they’ll get reinstated and want to ensure that the company they built is being steered in the right direction. The 600,000sqft Agrima meadows facility looks to be near completion. If I were one of the larger cannabis companies I’d be salivating at the opportunity to acquire a licensed/unlicensed undervalued ascent. 

Im still optimistic. Good luck to you all. I’m in til the bitter end 




 



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