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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
Source: Driven Deliveries, Inc.
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/
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