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
Explore More
Related Acquisitions
-
Vontier Acquires Driivz
February 8, 2022
Cloud & SaaS
Vontier Corporation announced the acquisition of Driivz, a Tel Aviv–based provider of cloud-based EV charging and energy management software. The deal (financial terms not disclosed) follows Vontier's prior minority investment in Driivz and supports Vontier's multi-year $500 million commitment to the energy transition by adding software capabilities in the EV charging infrastructure market.
-
Palmer Jane Acquires Cannabis Vape Brand LucidMood
January 31, 2022
Consumer Products
Palmer Jane, Inc. has acquired the cannabis vape lifestyle brand LucidMood, combining Palmer Jane’s marketing and technology platform with LucidMood’s select-effect product line sold in Colorado dispensaries. The acquisition will expand Palmer Jane’s product portfolio and enable online ordering (via local dispensaries) and a nationwide hemp-only line.
-
Eaze Acquires Green Dragon to Create Largest MSO Delivery Operation Headquartered in California
August 18, 2021
Retail
Eaze, a San Francisco-based cannabis delivery marketplace, has agreed to acquire multi-state retail operator Green Dragon, combining delivery and storefront operations across California, Colorado, Michigan and Florida. The deal (pending regulatory approvals) creates a combined company with 42 delivery and retail locations and expands Eaze's retail and cultivation capabilities and geographic footprint.
-
MedX Holdings Inc. Acquires Dazed Inc.
August 13, 2021
Retail
MedX Holdings Inc. (MEDH) has acquired Dazed Inc., a Texas-based operator of the Lazydaze retail/coffee and cannabis concept, as a wholly owned subsidiary. MedX said the acquisition advances its strategy to build vertically integrated cannabis brands and expand into retail and public consumption lounges across U.S. markets.
-
Stem Holdings Acquires Driven Deliveries, Inc.
October 22, 2020
E-Commerce
Stem Holdings, Inc. agreed to acquire all outstanding shares of Driven Deliveries, Inc. in an all-stock transaction approved by Driven shareholders and expected to close in Q4 2020. The acquisition brings Driven's cannabis e-commerce and delivery-as-a-service technology into Stem's vertically integrated cannabis and hemp business to expand Stem's logistics, distribution and omnichannel capabilities.
-
Driven Deliveries To Acquire Humboldt Heritage Inc
January 28, 2020
Consumer Products
Driven Deliveries (DRVD) announced a letter of intent to acquire Northern California-based Humboldt Heritage Inc. and its subsidiaries Humboldt Sun Growers Guild LLC and Grateful Eight LLC, creating a vertically integrated, farm-to-consumer cannabis operator in California. The transaction is expected to add about $20M to Driven's 2020 revenue forecast, give Driven exclusive access to 18 brands and products from more than 200 Humboldt farms, and materially improve gross margins through vertical integration and scale.
Build a buyer list for your deal
Find active buyers from recent acquisition patterns and move straight into outreach.