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LOS ANGELES, Dec. 15, 2020 /PRNewswire/
Driven Deliveries, Inc. (the Company or Driven ) (OTCQB: DRVD), one of California s fastest-growing e-commerce cannabis retailers and direct-to-consumer logistics companies, today announced it has secured preliminary approval for a new e-commerce delivery hub in the Fresno County region. Driven has also submitted its application for this new cannabis non-storefront retail license to the State of California which is expected to be approved in the near-term. Plans for Driven s acquisition by
Stem Holdings, Inc. (OTCQX: STMH CSE: STEM) later this month are continuing on schedule, creating
Driven By Stem trading under Stem s current symbols.
Stem Holdings, Inc.: Stem Holdings Announces Public Offering of Units
Stem or the
Company ) a leading vertically-integrated cannabis and hemp branded products company with cultivation, processing, extraction, retail, and distribution operations, announced today that it has obtained a receipt for a preliminary short form prospectus from the securities regulatory authorities in all provinces of Canada (except Québec) in connection with a marketed public offering (the
Offering ) of units of the Company (the
Units ). The Offering is being led by Canaccord Genuity Corp. (the
Agent ) on a commercially reasonable efforts basis .
Each Unit shall be comprised of one share in the common stock of the Company (each a