Driven Deliveries (OTC: DRVD) announces today the company’s intention to purchase Northern California-based Legacy cannabis distribution company, Humboldt Heritage Inc. and its subsidiaries Humboldt Sun Growers Guild LLC (HSGG) and Grateful Eight LLC (G8).
LOS ANGELES, Jan. 28, 2020 /PRNewswire/ — Driven Deliveries (OTC: DRVD) announces today the company’s letter of intention (LOI) to purchase Northern California-based legacy cannabis distribution company, Humboldt Heritage Inc. (HHI) and its subsidiaries Humboldt Sun Growers Guild LLC (HSGG) and Grateful Eight LLC (G8). The acquisition will galvanize a powerful, synergistic alliance between the two California based cannabis companies, resulting in California’s largest farm-to-consumer, vertically-integrated operator. The acquisition is expected to an additional $20M to the company’s 2020 revenue forecast.