Driven Deliveries Inc. Archives - Green Market Report

StaffStaffApril 29, 2020
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5min5620

With over 39 million people, and being home to the largest cannabis market in the world, California is considered the big prize when it comes to market penetration for a cannabis brand. 

During this time of mandatory quarantine, to be able to reach this population with products that can help relax people, help them sleep better, and overall make them much more comfortable while sheltering in their homes is key. This concept is exactly why cannabis has been deemed “essential”.

Understanding this reality, most cannabis brands are shifting their sales strategies and channels to provide the safest route to receiving your products for consumption. In order to meet this new reality and demand, the House of Saka, Inc., producers of the first and only alcohol-free, cannabis-infused beverages made from select vineyards within the iconic Napa Valley appellation, announced today that its award winning line of cannabis beverages are now available for home delivery throughout the entire state of California after partnering with Driven Deliveries, Inc. 

“Online, direct to consumer delivery platforms have always been the priority sales channel for our Saka Vinfusions™,” notes House of Saka, Inc. CEO, Tracey Mason. “The convenience, combined with a stigma-free shopping environment, provides the most ideal opportunity for both our traditional consumers and the emerging new consumer.” 

“The ability for us to be able to bring our product directly to our consumers presently sheltering safely at home during this crisis was critical,” expressed Sue Bachorski, House of Saka COO & CFO. “We are both excited and extremely grateful to have partnerships in place with such a respected and far reaching group as Driven Deliveries and their popular platforms Ganjarunner.com and budee.org. Their organization is professional, dependable and respected. These are the attributes that we seek in our relationships.” 

In the age of social distancing, it is now more important than ever to expand consumers’ access to cannabis while limiting one’s potential exposure to Covid-19. Partnering with Driven Deliveries, California’s fastest growing online cannabis retailer and direct-to-consumer delivery platforms, means House of Saka is available in 92% of California; including San Diego, Los Angeles, San Jose, Orange County, Palm Springs, Santa Barbara, Oakland, San Francisco, Sacramento, Sonoma and Napa Valley. 

“Delivering the industry’s highest quality and most desired brands to the doorsteps of consumers throughout the state of California is our number one priority, especially during this time of quarantine,” expressed Christian Schenk, CEO of Driven Deliveries, Inc. “Partnering with the House of Saka to distribute their brand on both their website and our platform was a natural fit. We look forward to a long and fruitful relationship with their team.” 

Saka PINK, and the new Saka WHITE coming in June, can be purchased through House of Saka’s website (https://www.houseofsaka.com/) as well as GanajaRunner.com and Budee.org.

 


AxisWireAxisWireApril 29, 2020
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7min3240

NAPA VALLEY, CA., April. 29, 2020 /AxisWire/ House of Saka, Inc., producers of the first and only alcohol-free, cannabis-infused beverages made from select vineyards within the iconic Napa Valley appellation, announced today that its award winning line of cannabis beverages are now available for home delivery throughout the entire state of California.

“Online, direct to consumer delivery platforms have always been the priority sales channel for our Saka Vinfusions™,” notes House of Saka, Inc. CEO, Tracey Mason. “The convenience, combined with a stigma-free shopping environment, provides the most ideal opportunity for both our traditional consumers and the emerging new consumer.” 

“The ability for us to be able to bring our product directly to our consumers presently sheltering safely at home during this crisis was critical,” expressed Sue Bachorski, House of Saka COO & CFO. “We are both excited and extremely grateful to have partnerships in place with such a respected and far reaching group as Driven Deliveries and their popular platforms Ganjarunner.com and budee.org. Their organization is professional, dependable and respected. These are the attributes that we seek in our relationships.” 

In the age of social distancing, it is now more important than ever to expand consumers’ access to cannabis while limiting one’s potential exposure to Covid-19. Partnering with Driven Deliveries, California’s fastest growing online cannabis retailer and direct-to-consumer delivery platforms, means House of Saka is available in 92% of California; including San Diego, Los Angeles, San Jose, Orange County, Palm Springs, Santa Barbara, Oakland, San Francisco, Sacramento, Sonoma and Napa Valley. 

“Delivering the industry’s highest quality and most desired brands to the doorsteps of consumers throughout the state of California is our number one priority, especially during this time of quarantine,” expressed Christian Schank, CEO of Driven Deliveries, Inc. “Partnering with the House of Saka to distribute their brand on both their website and our platform was a natural fit. We look forward to a long and fruitful relationship with their team.” 

House of Saka’s award-winning selection of luxury-infused cannabis beverages include:

Saka PINK – House of Saka PINK is made from a Rosé of Pinot Noir from Napa Valley. 

Saka WHITE – House of Saka WHITE is made from Napa Valley Chardonnay (Coming June 2020).

For both varietals, the grapes are traditionally fermented and aged in stainless steel before the alcohol is gently removed and replaced with Saka’s proprietary THC:CBD formulation. 

Saka PINK, and the new Saka WHITE coming in June, can be purchased through House of Saka’s website (https://www.houseofsaka.com/) as well as GanajaRunner.com and Budee.org.

About Driven:

Driven Deliveries, Inc., is the first publicly traded cannabis delivery service operating within the United States. Founded by experienced technology and cannabis executives, the company provides e-commerce solutions, online sales, and on-demand cannabis delivery, in select cities where allowed by law. Driven offers legal cannabis consumers the ability to purchase and receive their marijuana in a fast and convenient manner. By 2020, legitimate cannabis revenue in the U.S. market is projected to hit $23 billion. By 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 www.DRVD.com and review Driven’s filings with the U.S. Securities and Exchange Commission.

About House of Saka, Inc:

Based in Napa Valley, California, the House of Saka creates and manufactures infused luxury products targeting the female consumer. Their portfolio includes the Napa Valley, alcohol-free luxury infused beverages, Saka Vinfusions™, and a pending line of infused beauty and wellness products under the banner House of Saka Beauty. The company boasts an all-female leadership team guided by an all-female advisory board with more than 100 years of collective experience in wine, cannabis and luxury branding. For more information, please visit houseofsaka.com or follow us on social media @InfusedSaka and @InfusedLuxury.

Media Contact: Info@houseofsaka.com

 


Cynthia SalarizadehCynthia SalarizadehMarch 31, 2020
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5min11310

There are so many disturbing and upsetting developments that have occurred over the last month concerning the global pandemic, Coronavirus, that it is hard to count. But one specific development has been pretty interesting in regard to cannabis legalization. State after sate has determined cannabis to be an “essential” part of life. This is quite the validation the industry has been seeking since prohibition. And with this “essential” new status has come a surge in sales across the board as users stock pile the items they feel they need the most to get through these trying times.

Although sales are surging for the industry overall, one group of license holders have become more essential than others: delivery services. Considering the nature of a viral pandemic and the need to stay as far away from other human beings as possible, it makes sense that having your groceries, alcohol, toilet paper and weed delivered would feel the safest.

States like Louisiana, Pennsylvania and NJ, among many more, have changed their cannabis rules almost completely to allow for either delivery or curbside pick-up. It would have normally taken years to have these services accepted and implemented. Over the next year, as the virus begins to recede, it will be interesting to see if these changes will remain permanent.

Driven Deliveries Inc. announced that over the last 10 days the company has experienced record growth and demand with a greater than 100% increase in sales. Following California’s decision to deem Cannabis deliveries an “essential business,” Driven is increasing infrastructure to provide California customers safe access to legal cannabis through the government mandated quarantine.

“Driven Deliveries was founded on the bedrock principle of enabling universal access to cannabis to California’s population,” said Driven Deliveries’ CEO Christian Schenk. “Driven is the only service that provides deliveries to 92% of California’s population, giving millions of people access to on-demand legal cannabis from the security and safety of their own home during this very difficult time”.

The impact of coronavirus has required Driven to scale its driver network to meet the increase in demand. In an effort to comply with Government orders to stay home, Driven expects further growth as people continue to incorporate delivery services into their new routines.

Finally, Driven continues to innovate in ways to make delivery both easier and safer. Driven’s delivery system allows consumers to leverage electronic payment methods as well as cash, making it significantly more convenient than other options. In addition to the extra steps being taken to ensure safe deliveries through the use of protective disposable gloves and continuous sanitization, Driven is also exploring new ways that technology can be used for a contact free delivery while still meeting the ID verification requirements.

Groups like Driven Deliveries understand that anxiety and stress are increased around the country, and that both medical and recreational customers want access to cannabis without the risk of exposure associated with visiting a dispensary.

Tokr, a Los Angeles-based delivery service, reports a delivery increase of 287 percent since March 12, 2020. The company also says that its average cart size has tripled. “People are really stocking up anticipating they will be home for an extended period of time,” explained Matthew Singer, CO-founder & CEO of Tokr . Its drivers also remain 6 feet from all consumers during delivery transactions, Tokr says.

Delivery has emerged as the ideal way to get your cannabis. It will be difficult for states that had not allowed delivery services prior to the virus to go back to business as usual once things clear up. Cannabis delivery will most likely be a staple to the cannabis industry country-wide moving forward.


AxisWireAxisWireMarch 31, 2020
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6min4590

LOS ANGELES, CA, March 31, 2020 /AxisWire/ — Driven Deliveries Inc.(the “Company” or Driven) (OTC: DRVD), California’s fastest growing online cannabis retailer and direct-to-consumer delivery company announced today, that over the last 10 days the company has experienced record growth and demand with a greater than 100% increase in sales. Following California’s decision to deem Cannabis deliveries an “essential business,” Driven is increasing infrastructure to provide California customers safe access to legal cannabis through the government mandated quarantine.

“Driven Deliveries was founded on the bedrock principle of enabling universal access to cannabis to California’s population,” said Driven Deliveries’ CEO Christian Schenk. “Driven is the only service that provides deliveries to 92% of California’s population, giving millions of people access to on-demand legal cannabis from the security and safety of their own home during this very difficult time”.

Driven Deliveries’ proprietary logistics system, acquired from Budee Inc, designed to expand efficiently based on demand in a given area, performed flawlessly during the surge in demand. “Our major launch came earlier than expected,” said Sal Villanueva, President Driven Deliveries. “The operations team has done an amazing job integrating Driven’s 3 brands on a unified platform giving Driven the ability to rapidly support the additional demand,” he added.

The impact of coronavirus has required Driven to scale its driver network to meet the increase in demand. In an effort to comply with Government orders to stay home, Driven expects further growth as people continue to incorporate delivery services into their new routines.

Finally, Driven continues to innovate in ways to make delivery both easier and safer. Driven’s delivery system allows consumers to leverage electronic payment methods as well as cash, making it significantly more convenient than other options. In addition to the extra steps being taken to ensure safe deliveries through the use of protective disposable gloves and continuous sanitization, Driven is also exploring new ways that technology can be used for a contact free delivery while still meeting the ID verification requirements.

Driven Deliveries understands that anxiety and stress are increased around the country, and that both medical and recreational customers want access to cannabis without the risk of exposure associated with visiting a dispensary.

About Driven:

Driven Deliveries, Inc., is the first publicly traded cannabis delivery service operating within the United States. Founded by experienced technology and cannabis executives, the company provides e-commerce solutions, online sales, and on-demand cannabis delivery, in select cities where allowed by law. Driven offers legal cannabis consumers the ability to purchase and receive their marijuana in a fast and convenient manner. By 2020, legitimate cannabis revenue in the U.S. market is projected to hit $23 billion. By 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 www.DRVD.comand review Driven’s filings with the U.S. Securities and Exchange Commission.

Forward-looking Statements:

This press release contains certain forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are identified by the use of the words “could,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “may,” “continue,” “predict,” “potential,” “project” and similar expressions that are intended to identify forward-looking statements. All forward-looking statements speak only as of the date of this press release. You should not place undue reliance on these forward-looking statements. Although we believe that our plans, objectives, expectations, and intentions reflected in or suggested by the forward-looking statements are reasonable, we can give no assurance that we will achieve these plans, objectives, expectations or intentions. Forward-looking statements involve significant risks and uncertainties (some of which are beyond the Company’s control) and assumptions that could cause actual results to differ materially from historical experience and present expectations or projections. Actual results to differ materially from those in the forward-looking statements and the trading price for our common stock may fluctuate significantly. Forward-looking statements also are affected by the risk factors described in the company’s filings with the U.S. Securities and Exchange

Contact ir@drvd.comfor more information.


William SumnerWilliam SumnerMay 1, 2019
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5min7190

It’s time for your Daily Hit of cannabis financial news for April 30, 2019.

On The Site

Sunniva

After the market closed on Monday, Vancouver-based Sunniva Inc.  (CSE: SNN) (OTCQB: SNNVF) reported its fiscal 2018 results for the year ending December 2018 in Canadian dollars. The company delivered$18.8 million in revenue versus 2017’s $16.1 million. The net losses for 2018 rose to $29.0 million versus last year’s $17.5. The company attributed the increase in net losses to SG&A expenses increasing by $10.5 million during the year.  The increase was primarily due to the company’s growth in 2018 as US operations

Texas Continues To Take Baby Steps Towards Legalization

The Texas Tribune reported on Monday that the House of Representatives approved a bill that would decriminalize possession of cannabis. Rep. Joseph Moody (D), the chief sponsor of the bill, still had to amend it in order to get the bill approved. His original version had a lower fine of $250 and it would have dropped down low-level possession to a civil infraction instead of a class C misdemeanor.

How Risk Management Can Make Marijuana Businesses Bulletproof

Envision managing the risk of a volatile, staggeringly lucrative, 100 percent federally legal enterprise?   Toss in ridiculously inconsistent federal, state and local regulations, insanely evolving technologies and efficiencies, and an industry-wide disinclination to ever “play by the rules.” However, when armed with decent risk management fundamentals, a marijuana related business can diminish most horrible outcomes, fortify the enterprise’s sustained growth, and maybe even get rich along the way.

In Other News

Driven Deliveries

Driven Deliveries Inc. (OTCMKTS: DRVD), the only publicly traded cannabis delivery company, has announced that it has entered into a non-binding Letter of Intent to acquire Ganjarunner, Inc., a Los Angeles-based cannabis delivery company. Ganjarunner has an existing customer base of over 10,800 customers, 82% of whom are repeat customers. “This acquisition will provide us with a stable revenue base from which we can continue to grow our revolutionary cannabis delivery platform,” commented Mr. Brian Hayek, President of Driven Deliveries. “Driven will continue to target similar acquisition candidates which we believe to be accretive to our business and provide our partners and us with strategic advantages in this industry.”

Indus Holdings

Today, Indus Holdings Inc. began trading on the Canadian Securities Exchange under the symbol INDS. Indus is a vertically integrated cannabis company based in Salinas, California. The listing was made possible through a reverse takeover of the Toronto-based company Mezzotin Minerals Inc. “This long-anticipated move to the Canadian Securities Exchange creates a world of opportunities for Indus to build upon our success in California and expand into new markets,” said Indus co-founder and CEO Robert Weakley in a statement. “Having access to additional capital will allow us to grow at a more rapid pace, furthering Indus’ position in the cannabis industry.”

KushCo

KushCo Holdings, Inc. (OTCQB: KSHB) announced that it has entered into a definitive agreement with an institutional investor for a private placement of $21.3 million. Canaccord Genuity LLC is acting as the sole placement agent. The Note will be an unsecured senior obligation of the company and will mature 18 months following the closing data. The offering is expected to close on or around April 30, 2019. ‘”We are thrilled to announce this unsecured, non-dilutive financing structure to support our company’s rapid growth. The terms of this note represent a dramatic improvement in our ability to secure financing with a lower cost of capital and is indicative of more attractive financing alternatives within the cannabis industry,” said KushCo’s CEO Nick Kovacevich.



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The Green Market Report focuses on the financial news of the rapidly growing cannabis industry. Our target approach filters out the daily noise and does a deep dive into the financial, business and economic side of the cannabis industry. Our team is cultivating the industry’s critical news into one source and providing open source insights and data analysis


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