Driven Deliveries, Inc. (DRVD)

Get Top Rated Stock Alerts Active Traders Depend On

Sign Up Today For FREE News Driven Alerts

Driven Deliveries Inc. Launches New Delivery Model Similar to Amazon, Driven Direct

Driven Direct will assist in Last Mile Delivery of Legal Cannabis

 

San Diego, CA – March 27, 2019 – Driven Deliveries, Inc., (OTCPK: DRVD), the world’s first and only publicly traded cannabis delivery company, announced today the launch of its new delivery model, Driven Direct.  This will allow the Company to work directly with brands and retailers to deliver a broad range of cannabis products directly to consumers.

 

Driven Direct will be launching with multiple retail partners in California, and will offer delivery throughout the state covering major metro centers and the majority of the population.

 

Driven Direct’s structure will resemble that of Amazon’s delivery model.  The program is designed to let entrepreneurs run their own local delivery networks featuring the Driven Deliveries logos. Each delivery unit will begin its day at a designated Driven station in California, where packages ordered from local retailers are then picked up by Driven Deliveries Inc. drivers and delivered direct to the consumer. Location-based algorithms will determine which packages are sent to these delivery stations.

 

The program is critical in addressing the retailers’ primary transportation issue: last mile delivery. “Last Mile Delivery” is a term used in supply chain management and transportation planning to describe the movement of people and goods from a transportation hub to a final destination, in this case the consumer. In 2018, the Global Last Mile Delivery market size was $30.2 billion and it is expected to reach $55.2 billion by the end of 2025, with a CAGR of 9.0% during 2019-2025.

 

“Management is extremely pleased to unveil our new strategic delivery model, Driven Direct,” stated Mr. Chris Boudreau, Chief Executive Officer of Driven Deliveries, Inc.  “In addition to expanding our relationships with local cannabis retailers throughout the state, this program will allow us to significantly enhance our brand throughout the country’s largest legal cannabis market.”

 

Mr. Boudreau, continued, “Management has built a strong foundation of human capital via the recent additions of Mr. Jerrin James from Amazon and Mr. Adam Berk of Osmio (now GrubHub) Jerrin’s background in operations, large-scale processes and advanced technologies coupled with Adam’s skills in E-commerce and logistics, provide a strategic advantage that will help to make Driven Direct a success.  I’m confident that as the marijuana delivery market continues to evolve, bespoke services that address last mile delivery will become increasingly vital to the process.  We intend to move aggressively into this market and establish ourselves as the leader in this expanding industry.”

 

About Driven

Driven Deliveries, Inc. is the only publicly traded cannabis delivery service operating within the United States.  Founded by experienced technology and cannabis executives, the Company provides on-demand marijuana delivery, in select cities where allowed by law.  Driven provides the legal cannabis consumers the ability to purchase and receive their marijuana in a fast and convenient manner.  By 2020, legal cannabis revenue in the U.S. market is projected to hit $23 billion.  In leveraging consumer trends, and offering a proprietary, turnkey delivery system to its customers, management believes it is uniquely positioned to best serve the needs of the emerging cannabis industry and capture notable market share within the sector. For more information, please visit https://GoDriven.com/ and review Driven’s filings with the U.S. Securities and Exchange Commission.

 

Contact

Chris Boudreau, CEO

1 (888) 322-4449

IR@GoDriven.com

www.godriven.com

 

Source:  Driven Deliveries, Inc.

Driven Deliveries, Inc. to Present at the Sidoti & Company Spring 2019 Investor Conference

San Diego, CA – March 20, 2019 – Driven Deliveries, Inc. (DRVD), the world’s first and only publicly traded cannabis delivery company, announced today that they will be presenting at the Sidoti & Company Spring 2019 Investor Conference. The conference is being held on March 28, 2019 at The Marriott Marquis, Times Square NYC.

 

Date: Thursday, March 28, 2019
Presentation Time: 9:10 a.m. EDT
Location: The Marriott Marquis, Times Square NYC

 

Mr. Chris Boudreau, CEO of Driven will present an overview of the Company as well as discuss recent business highlights. Mr. Boudreau will also be available for one-on-one meetings with investors.

 

About Sidoti & Company, LLC Spring 2019 Investor Conference
Sidoti & Company, LLC is a leading Wall Street provider of small- and micro-cap securities research, covering almost 200 equities.

 

We help issuers in this sector build interest and visibility through our relationships with over 500 Institutional Investors, Family Offices and High Net Worth Individuals.

 

Sidoti & Company, LLC aims to unite publicly traded companies with quality investors.

 

About Driven

Driven Deliveries, Inc. is the only publicly traded cannabis delivery service operating within the United States.  Founded by experienced technology and cannabis executives, the Company provides on-demand marijuana delivery, in select cities where allowed by law.  Driven provides the legal cannabis consumers the ability to purchase and receive their marijuana in a fast and convenient manner.  By 2020, legal cannabis revenue in the U.S. market is projected to hit $23 billion.  In leveraging consumer trends, and offering a proprietary, turnkey delivery system to its customers, management believes it is uniquely positioned to best serve the needs of the emerging cannabis industry and capture notable market share within the sector.  For more information, please visit https://GoDriven.com/ and review Driven’s filings with the U.S. Securities and Exchange Commission.

 

Contact
Chris Boudreau, CEO
1 (888) 322-4449
IR@GoDriven.com
www.godriven.com

 

Source: Driven Deliveries, Inc.

About Driven Deliveries


Driven Deliveries, Inc. is the only publicly traded cannabis delivery service operating within the United States. Founded by experienced technology and cannabis executives, the Company provides on-demand marijuana delivery, in select cities where allowed by law. Driven provides the legal cannabis consumers the ability to purchase and receive their marijuana in a fast and convenient manner. By 2020, legal cannabis revenue in the U.S. market is projected to hit $23 billion. In leveraging consumer trends, and offering a proprietary, turnkey delivery system to its customers, management believes it is uniquely positioned to best serve the needs of the emerging cannabis industry and capture notable market share within the sector.

 

CANNABIS DELIVERED TO YOUR DOOR.

 

MORE HAPPINESS FOR YOUR LIFE

 

Driven integrates with other vendors to help create a seamless delivery experience for our retail partners.

 

Driven Deliveries, Inc., (DRVD), the world’s first and only publicly traded cannabis delivery company, announced today that it has established relationships with four cannabis retailers, significantly expanding the company’s presence and its ability to increase market share. These retailers are located throughout California’s largest markets and will allow Driven to support deliveries in the Bay Area, Central California, Sacramento, and in the Orange County and Los Angeles areas.

 

California is one of the largest recreational cannabis markets in the world, it is expected to reach $5 billion in 2019. Delivery represents a significant market opportunity throughout the state, Licensed retailers, have made more than 500,000 deliveries throughout California in 2018 alone. These partnerships have the potential to allow for additional territories to be added to the Driven platform in the future.

 

“We are extremely pleased to announce the recent expansion of our cannabis delivery platform,” stated Mr. Chris Boudreau, Chief Executive Officer of Driven. “I believe the addition of these markets, reflect our best-in-class service offering coupled with increasing market demand for legal cannabis. In keeping with our strategic business plan, management is currently researching supplementary market opportunities, both in California and in other states. We are excited with the growth trajectory that the company has experienced in such a short period, and look forward at leveraging the numerous opportunities that lay ahead of us.”

 

Source:  https://godriven.com/

Disclaimer

FN Media Group LLC (FNMG) owns and operates FinancialNewsMedia.com (FNM) which is a third party publisher that disseminates electronic information through multiple online media channels. FNMG’s intended purposes are to deliver market updates and news alerts issued from private and publicly trading companies as well as providing coverage and increased awareness for companies that issue press to the public via online newswires. FNMG and its affiliated companies are a news dissemination and financial marketing solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. FNMG’s market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. The companies that are discussed in this release may or may not have approved the statements made in this release. Information in this release is derived from a variety of sources that may or may not include the referenced company’s publicly disseminated information. The accuracy or completeness of the information is not warranted and is only as reliable as the sources from which it was obtained. While this information is believed to be reliable, such reliability cannot be guaranteed. FNMG disclaims any and all liability as to the completeness or accuracy of the information contained and any omissions of material fact in this release. This release may contain technical inaccuracies or typographical errors. It is strongly recommended that any purchase or sale decision be discussed with a financial adviser, or a broker-dealer, or a member of any financial regulatory bodies. Investment in the securities of the companies discussed in this release is highly speculative and carries a high degree of risk. FNMG is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. This release is not without bias, and is considered a conflict of interest if compensation has been received by FNMG for its dissemination. To comply with Section 17(b) of the Securities Act of 1933, FNMG shall always disclose any compensation it has received, or expects to receive in the future, for the dissemination of the information found herein on behalf of one or more of the companies mentioned in this release. For current services performed FNMG has been compensated forty six hundred dollars for Driven Deliveries, Inc. current news coverage by the company.  FNMG HOLDS NO SHARES OF Driven Deliveries, Inc.

This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNMG undertakes no obligation to update such statements.

Sign Up & Get FREE News Alerts From FNM Today!