Absolutely correct. From their website:
Are there any items I cannot send?
Yes, any hazardous or dangerous commodities are prohibited from all Luggage Forward shipments. For shipments traveling between two countries, there may be additional items that are restricted by customs on a country-specific basis.
Here are some of the most common items that cannot be shipped in your luggage:
Medication, OTC, prescription, or vitamins
Food & Alcohol
Perfume (or anything with alcohol content)
Pressurized Containers (aerosol, CO2 cartridges, etc)
Valuables or Currency
Electronics
Lithium based, or Alkaline batteries
For additional items that cannot be shipped, please visit https://www.faa.gov/hazmat/packsafe/