Stem Holdings, Inc. Announces Key Expansion Strategies in Place for 2021
January 19, 2021 at 11:24 am EST
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Stem Holdings, Inc. announced Key expansion strategies in place for 2021 include, Launch of Driven's delivery platform in Oregon in Q1/CY21, focusing on Stem's owned-brands to expand its distribution footprint, as well as brands that complement the portfolio. Launch of Stem's Yerba BuenaTM brand in California, its first new market for the brand. Known for both its THC and CBD proprietary genetics, products will include market-leading cultivars for flower
and pre-roll. All products will be distributed by Driven or sold through the Company's Northern California-based medical dispensary, Foothills Health & Wellness. Further expansion of additional new margin-accretive Stem brands and products starting in California, including CannavoreTM edibles now available in Oregon and Nevada, and TravisxJamesTM vapes based on the success of the brand in Nevada. Distribution will expand into all new markets with Driven's proprietary software providing speed to market. Launch of delivery services into Stem's current and future markets.
Stem Holdings, Inc. is a vertically integrated cannabis branded products and technology company. It is engaged in the cultivation, processing, extraction, retail, distribution, and delivery-as-a-service (DaaS) operations throughout the United States. The Company purchases, leases, operates, and invests in properties for use in the production, distribution and sales of cannabis and cannabis-infused products licensed in the states of Oregon, Nevada, and California. It has ownership interests in over 23 state issued cannabis licenses including nine licenses for cannabis cultivation, three licenses for cannabis processing, two licenses for cannabis wholesale distribution, three licenses for hemp production and cannabis dispensary licenses. Its wholly owned subsidiaries include Stem Holdings Oregon, Inc., Stem Holdings IP, Inc., Opco, LLC, Stem Agri, Inc., Stem Holdings Oregon Acquisitions 1, Corp., Stem Holdings Oregon Acquisitions 2, Corp., and Stem Holdings Oregon Acquisitions 3, Corp.
STEM HOLDINGS, INC. 
