SAN DIEGO, June 13, 2019 (GLOBE NEWSWIRE) -- Driven Deliveries, Inc., (DRVD), the world's first and only publicly traded cannabis delivery company, announced today that they have partnered with Pure Ratios Holdings, Inc. ("Pure Ratios"), a CBD and THC wellness company and creator of the award winning 96-hour pain relief Transdermal Reservoir Patch.
Pure Ratios is a portfolio company of Cannex Capital Holdings Inc. (CSE:CNNX) (OTCQX:CNXXF) ("Cannex"). Cannex, through its wholly-owned subsidiaries, provides a wide range of services including real estate, management, financial, branding and IP to licensed cannabis business operators domestically and internationally. The Company is the creator of the award winning 96-hour pain relief patch. The first and only pain management product of its kind, the Pure Ratio Patches utilize topical delivery of CBD and THC, which bypasses the digestive process for undiluted absorption of cannabinoids directly into the bloodstream. This provides users with fast-acting effects and constant long-term relief. The patent-pending patch lasts up to 96 hours. Are Naturally pure, additive free, hypoallergenic and water-proof.
"We are extremely pleased to be expanding our service offerings throughout the highly concentrated California cannabis user market," said Chief Executive Officer, Mr. Christian Schenk. "We believe that our best-in-class delivery platform coupled with Pure Ratio's proven popular brands will provide a strong synergistic relationship between the companies. We look forward to expanding our customer base while increasing revenue and enhancing our overall brand recognition. Management has already identified several similar popular brands that it intends to add to our platform in the near future."
This strategic partnership allows Pure Ratios access to Driven's extensive California delivery customer and network and provides that same network with top-rated products such as the 96-hour pan relief patch. Currently, Driven's delivery network covers approximately 93% of the population of California with overnight cannabis delivery to major thriving markets such as the Bay Area, Central California, Sacramento, and in the Orange County and Los Angeles areas. California is one of the largest recreational cannabis markets in the world.
"This is a tremendously exciting new relationship for both Pure Ratios and Cannex which will support Pure's existing business while expanding its reach into new segments of the California market," said Mr. Anthony Dutton, CEO of Cannex. "We are big believers in multiple distribution channels and know Driven's delivery platform will complement and enhance Pure Ratio's existing retail and healthcare practitioner channels. We are also excited to form a corporate relationship with Driven,"
About Pure Ratios Holdings, Inc.
Pure Ratios was founded in 2015 with the idea of combining traditional Chinese medicine, with a science-based approach to develop patented and/or proprietary products for the California medical marijuana and the national CBD Hemp markets. Today, Pure Ratios is a team of practitioners, educators, scientists, and individuals working together, to develop a family of innovative products that heighten the use of cannabinoids to create balance.
About Cannex Capital Holdings Inc.
About Driven
Contact
Brian Hayek
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[email protected]
www.godriven.com
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