Cannabis
Driven Deliveries Highlights Growth During the Benzinga Cannabis Conference
Driven Deliveries, Inc. (the “Company” or Driven) (OTC: DRVD), California’s fastest-growing online cannabis retailer and direct-to-consumer delivery company is announcing several exciting Q3 highlights today, during the Benzinga Cannabis Capital Conference in Chicago, Illinois.
“We are excited to share our momentum with the attendees of the Benzinga Conference as well as the greater investment community,” says Christian Schenk, CEO of Driven Deliveries. “The company’s progress over the previous quarter was transformative. We are subsequently seeing significant results.”
Highlights Include:
- Increasing delivery volume by 380% to more than 11,500 deliveries in Q3.
- Acquiring an additional 2,387 new customers – an increase of over 310%.
- Average order value is $121 – an uptick of 8%.
- Expanding the company’s delivery routes by more than 300%, which enables Driven to service the majority of California.
- The recent launch of Ganjabudee.com magnifies the company’s 90 minute express delivery service to 84% of California.
- Revenue for Q3 increased 20 times over the previous quarter.
Driven’s Weedwaves iOS and Android app offers discounts at over 300,000 participating merchants nationwide. Weedwaves increases Benzinga’s attendees’ benefits by offering app users a free drink at one of the Palmer House restaurants during the conference.
Additionally, Driven’s CEO is moderating the Brand Distribution Panel today at 1:50pm. Schenk will speak about a variety of topics including: Managing valuations in a softening economic climate; Opportunities for growth in a maturing market, and predicting upcoming industry challenges.
“We are fortunate to have such keen investors,” says Schenk. Benzinga Cannabis Capital Conference is full of knowledgeable industry participants. Driven is forging powerful new relationships at the conference that will be beneficial to the market, its participants and the company’s growing list of investors for years to come.”
SOURCE Driven Deliveries, Inc.
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