$STMH
Stem Holdings, Inc. Closes Acquisition of Driven Deliveries, Inc.
Press Release | 12/30/2020
Stem Holdings to become Driven By Stem
Acquisition Creates the First Vertically-Integrated Cannabis Company with an Integrated Delivery-as-a-Service (DaaS) Platform
Company Projects US$75 Million Revenue in 2021
BOCA RATON, FL and LOS ANGELES, CA, Dec. 30, 2020 (GLOBE NEWSWIRE) -- Stem Holdings, Inc. (“Stem” or the “Company”) (OTCQX: STMH CSE: STEM), a leading vertically-integrated cannabis and hemp branded products company with state-of-the-art cultivation, processing, extraction, retail, and distribution operations throughout the United States, today announced that it has completed its previously announced acquisition (the “Acquisition”) of Driven Deliveries, Inc. (“Driven”) (OTCQB: DRVD), an e-commerce and DaaS (delivery-as-a-service) provider with proprietary logistics and omnichannel UX (user experience)/CX (customer experience) technology.
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