STMH News and Press, Stem Holdings Inc From 01/13/22

BOCA RATON, Fla., Jan. 13, 2022 (GLOBE NEWSWIRE) -- Stem Holdings, Inc. (OTCQX: STMH) (CSE: STEM) (the “Company” or “Stem”) , a vertically integrated cannabis operator, today reported its financial results for the fiscal year ended September 30, 2021. All amo...

New Direction. After the market close on Friday, Stem Holdings announced it is divesting Driven Deliveries, the e-commerce and delivery platform that was acquired about twelve months ago. According to the press release, the move is a reflection of significantly increased competition in the key...

Stem Holdings (OTCQX:STMH) announces divestment of its wholly owned subsidiary Driven Deliveries (OTCQB:DRVD) to its founders in return for Stem shares. That translates a return of 12.5M shares of Stem to treasury, reduction of $7.1M in total liabilities and increase in working capital by $4....

Divestiture of Driven Deliveries, Inc. and its subsidiaries will immediately return 12.5 million shares to treasury, reduce total liabilities by $7.1 million, and increase working capital by $4.1 million Total expenses will be reduced by $9.6 million annually, positioning the Co...

BOCA RATON, Fla., Nov. 09, 2021 (GLOBE NEWSWIRE) -- Stem Holdings, Inc. d/b/a Driven By Stem, (OTCQX: STMH) (CSE: STEM) (the " Company " or " Stem "), the first multi-state, vertically integrated Farm-to-Home™ (F2H) cultivation and technology omnichannel cannabis company feat...

The Food and Drug Administration (FDA) says it’s falling behind monitoring all that is new with Cannabis Derived Products (CDP). The regulator will soon ramp up its collection of data on CDPs. The plan to catch up was outlined in Cannabis-Derived Products Data Acceleration Plan, an FDA ...

Colorado Expansion. Driven by Stem (formerly Stem Holdings, Inc.) has entered into a letter of intent to acquire Colorado Harvest Company, (CHC) one of Denver's oldest, vertically integrated operators. Price and terms of the deal are still in negotiation. In 2021, CHC is expected to generate r...

Stem Holdings, Inc. d/b/a Driven by Stem (OTCQX: STMH) (CSE: STEM)  is buying High Country Supply also known as Colorado Harvest Company , one of Denver’s oldest and most respected vertically-integrated operators with two delivery permits, three retail dispen...

BOCA RATON, Fla., Oct. 26, 2021 (GLOBE NEWSWIRE) -- Stem Holdings, Inc. d/b/a Driven by Stem (OTCQX: STMH) (CSE: STEM) (the " Company " or " Stem "), the first multi-state, vertically integrated Farm-to-Home™ (F2H) cultivation and technology omnichannel cannabis company f...

Apple App and Budee. Driven by Stem's Budee e-commerce cannabis delivery platform and service has launched Budee Cannabis Delivery app, which is available for download in the Apple App store. Customers of the Budee app can now seamlessly and confidentially purchase cannabis products through th...