IRVINE: Orchid Ventures Inc., a multi-state cannabis innovation company, has partnered with Driven to launch Orchid on their new ecommerce platform, Brand Budee.
“We are excited to be partnering with Driven on the new Brand Budee platform. We have already integrated it into our website and customers are now able to purchase products for delivery throughout the largest cannabis market in the country. Driven’s other delivery service, GanjaRunner, has been one of Orchid’s larger retail accounts for over a year and lately we have seen a significant increase in sales through their platform.” said Corey Mangold, Founder & CEO.
“We feel that this partnership will allow for more access to Orchid products as we continue to expand the licensing of the Orchid Essentials brand. It’s a win for us, our licensees, and Driven.”
“Driven and it’s retail businesses, Ganjarunner and Budee, have had a long-standing fruitful partnership with Orchid Essentials. The reputation and quality that accompanies Orchid’s dedication to its customers is admired and shared by Driven,” said Christian Schenk, CEO Driven Deliveries Inc.
“We have seen great success together servicing California’s consumers as a leading online retail partner and we look forward to accelerated momentum and continued competitive separation for both parties as a result of the implementation of the Brand Budee Widget on Orchid’s website”
Orchid announces that the Board of Directors has approved a stock option grant, effective Monday June 1, 2020, for an aggregate of 7.9 million stock options (each, an “Option”) to certain directors and officers of the Company in accordance with the Company’s Stock Option Performance Plan. Each Option is exercisable into one common share in the capital of the Company at a price of $0.03 per share, being the closing price of the shares on the CSE on June 1, 2020, for a period of five years from the date of grant.