Driven Deliveries, Inc. and Stem Holdings, Inc. Announce E-Commerce Collaboration
June 11, 2020 at 07:30 am EDT
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Driven Deliveries, Inc. (the "Company" or Driven) announced that it has executed an agreement with Stem Holdings, Inc. to collaborate on e-commerce and distribution.
Driven partners with cannabis brands in California through its e-commerce platforms, Ganjarunner and Budee, to provide cannabis consumers statewide with direct access to hundreds of cannabis products for swift home delivery. For the first time this capability will be extended to a full-service medical dispensary, Foothill Health & Wellness, which was recently acquired by Stem and currently services the El Dorado County and the suburbs of Sacramento. Foothill offers a broad mix of both popular and proprietary products that will now be readily available to the 92% of the state covered by Driven. Consumer demand for delivery has increased significantly at Foothill and Driven will now support Foothill's goal to service every customer and patient as quickly as possible. Starting on June 11, 2020, current and new Foothill Health & Wellness customers can shop for a wide array of products available for home delivery within 60 minutes. Delivery from Foothill will be promoted statewide for those consumers who previously did not have access to Foothill's full array of products.
This collaboration and partnership will enable both companies to combine their capabilities to meet emerging market needs in new ways that drive value throughout the supply chain and ultimately for end consumers.
Stem Holdings, Inc. is a vertically integrated cannabis branded products and technology company. It is engaged in the cultivation, processing, extraction, retail, distribution, and delivery-as-a-service (DaaS) operations throughout the United States. The Company purchases, leases, operates, and invests in properties for use in the production, distribution and sales of cannabis and cannabis-infused products licensed in the states of Oregon, Nevada, and California. It has ownership interests in over 23 state issued cannabis licenses including nine licenses for cannabis cultivation, three licenses for cannabis processing, two licenses for cannabis wholesale distribution, three licenses for hemp production and cannabis dispensary licenses. Its wholly owned subsidiaries include Stem Holdings Oregon, Inc., Stem Holdings IP, Inc., Opco, LLC, Stem Agri, Inc., Stem Holdings Oregon Acquisitions 1, Corp., Stem Holdings Oregon Acquisitions 2, Corp., and Stem Holdings Oregon Acquisitions 3, Corp.