Driven Deliveries to Acquire Cannabis Lifestyle Brand Mozen
May 12, 2020
Driven Deliveries, Inc. announced an agreement in principle to acquire Mozen Inc., a Los Angeles–based cannabis lifestyle brand, in an all-stock transaction expected to close in Q3 2020. Driven plans to integrate Mozen's disposable vape products into its retail and delivery operations to capture higher margins and expand the brand's distribution inside California and into other legal markets.
- Buyers
- Driven Deliveries, Inc.
- Targets
- Mozen Inc.
- Industry
- Consumer Products
- Location
- California, United States
- Transaction Type
- Buyout
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