DRVD nice news Driven Deliveries, Inc. Launches Ne
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Posted On: 03/27/2019 8:37:30 AM
DRVD nice news Driven Deliveries, Inc. Launches New Delivery Model Similar to Amazon, Driven Direct GlobeNewswire "Press Releases"
SAN DIEGO , March 27, 2019 (GLOBE NEWSWIRE) -- Driven Deliveries, Inc. , (DRVD), the worlds 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 Directs structure will resemble that of Amazons 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 byDriven 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, theGlobal Last Mile Delivery marketsize 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 countrys 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) Jerrins background in operations, large-scale processes and advanced technologies coupled with Adams skills in E-commerce and logistics, provide a strategic advantage that will help to make Driven Direct a success. Im 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 tradedcannabis delivery service operating within the United States. Founded by experienced technology and cannabis executives, the Company provideson-demand marijuana delivery,in select cities where allowed by law. Drivenprovides 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 visithttps://GoDriven.com/and reviewDrivens 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.
SAN DIEGO , March 27, 2019 (GLOBE NEWSWIRE) -- Driven Deliveries, Inc. , (DRVD), the worlds 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 Directs structure will resemble that of Amazons 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 byDriven 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, theGlobal Last Mile Delivery marketsize 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 countrys 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) Jerrins background in operations, large-scale processes and advanced technologies coupled with Adams skills in E-commerce and logistics, provide a strategic advantage that will help to make Driven Direct a success. Im 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 tradedcannabis delivery service operating within the United States. Founded by experienced technology and cannabis executives, the Company provideson-demand marijuana delivery,in select cities where allowed by law. Drivenprovides 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 visithttps://GoDriven.com/and reviewDrivens 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.
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