Predict your next investment

Holding Company
drivenbystem.com

See what CB Insights has to offer

Portfolio Exits

1

Partners & Customers

3

About Driven By Stem

Driven By Stem (OTCQB: STMH, CSE: STEM) builds licensed solutions that include: cultivation, processing, and retail properties across multiple U.S. markets. Stem acquires and improves properties for cannabis industry operators and provides solutions for vetted, marijuana-based businesses including but not limited to edibles, marijuana and hemp cultivation, extraction, and processing.

Driven By Stem Headquarter Location

2201 NW Corporate Boulevard Suite 205

Boca Raton, Florida, 33431,

United States

561-237-2931

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Latest Driven By Stem News

Stem Holdings Completes Warrant and Debenture Repricing

Jul 5, 2022

Author of the article: Article content BOCA RATON, Fla., July 05, 2022 (GLOBE NEWSWIRE) — Effective June 27, 2022, Stem Holdings, Inc. (OTCQX: STMH, CSE: STEM) (the “Company” or “Stem”), a leading vertically-integrated cannabis and hemp branded products company with state-of-the-art cultivation, processing, extraction, retail, and distribution operations, is pleased to announce that the Company has received the approval of the holders (the “Warrantholders”) of the Warrants (as defined herein) and the holders (the “Debentureholders”) of the Convertible Debentures (as defined herein) to reprice the convertible securities issued in connection with the Company’s special warrant financing, which matured on June 27, 2022 and will mature September 14, 2022. Share purchase warrants of the Company will be issued in connection with this repricing (the “Warrants”) at 167 common share warrants for each $1,000 Debenture Unit held priced at C$0.20 per Common Share (as defined herein) and the convertible debentures of the Company issued in connection with the financing (the “Convertible Debentures”) will be repriced to C$0.10 per Common Share (the “New Conversion Price”). Advertisement 2 Stem Holdings Completes Warrant and Debenture Repricing Back to video Additionally, the Debentureholders have approved the following amendments to the terms of the Convertible Debentures: (i) an extension to the maturity date of the Convertible Debentures for three years; and (ii) an amendment to permit the Company to force the conversion of the principal amount of the then-outstanding Convertible Debentures and any accrued and unpaid interest thereof at the New Conversion Price on not less than 30 days prior written notice if the closing trading price of the shares of common stock of Stem (the “Common Shares”) exceeds C$0.80 for a period of ten (10) consecutive trading days on the CSE (collectively, the “Debenture Amendments”), (iii) this Debenture Amendment, provides for the payment of 5% of the principal amount. Advertisement 3 Article content The Debenture Amendments have been approved by the CSE. The issuing of the Warrants and the repricing of the Convertible Debentures, the Debenture Amendments, have been implemented pursuant to the terms of supplemental indentures entered into between the Company and Olympia Trust Company dated as of the date hereof (the “Supplemental Indentures”). Copies of the Supplemental Indentures will be available on the Company’s profile on SEDAR. About Stem Holdings, Inc. Stem Holdings, Inc. (OTCQX:STMH CSE:STEM) is a leading cannabis and hemp branded products company in the U.S. with proprietary capabilities in sustainable cultivation, processing, extraction, and R&D, as well as retail and distribution operations aligned with state-by-state regulations. Stem’s award-winning owned and partner-brands including TJ’s Gardens™ and Yerba Buena™ are the foundation of the Company’s expansion within current as well as new segments and markets, with exceptional and disruptive brands, and products that benefit well-being. Stem’s expertise and scale will drive growth domestically and internationally with a continuing commitment to social responsibility and shareholder equity as a leader in the cannabis industry. Advertisement 4 Article content CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION This press release contains statements which constitute “forward-looking information” within the meaning of applicable securities laws. Forward-looking information is often identified by the words “may”, “would”, “could”, “should”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” or similar expressions. Investors are cautioned that forward-looking information is not based on historical facts but instead reflects the expectations of Stem’s management concerning future results or events based on the opinions, assumptions and estimates considered reasonable by management at the date the statements are made. Although Stem believes that the expectations reflected in such forward-looking information are reasonable, such information involves risks and uncertainties, and undue reliance should not be placed on such information. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking information prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Stem does not intend, and does not assume any obligation, to update this forward-looking information except as otherwise required by applicable law. No securities regulatory authority has in any way passed upon the merits of the proposed transactions described in this news release or has approved or disapproved of the contents of this news release. For further information, please contact: Contact Share this Story: Stem Holdings Completes Warrant and Debenture Repricing

Driven By Stem Portfolio Exits

1 Portfolio Exit

Driven By Stem has 1 portfolio exit. Their latest portfolio exit was Driven on December 17, 2021.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

12/17/2021

Management Buyout

$99M

Undisclosed Investors

1

Date

12/17/2021

Exit

Management Buyout

Companies

Valuation

$99M

Acquirer

Undisclosed Investors

Sources

1

Driven By Stem Acquisitions

8 Acquisitions

Driven By Stem acquired 8 companies. Their latest acquisition was Colorado Harvest Company on October 26, 2021.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

10/26/2021

$99M

Acquired - II

2

9/17/2021

Subscribe to see more

$99M

Subscribe to see more

10

12/30/2020

Subscribe to see more

$99M

Subscribe to see more

10

9/12/2019

Subscribe to see more

$99M

Subscribe to see more

10

7/9/2019

Subscribe to see more

$99M

Subscribe to see more

10

Date

10/26/2021

9/17/2021

12/30/2020

9/12/2019

7/9/2019

Investment Stage

Companies

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Valuation

$99M

$99M

$99M

$99M

$99M

Total Funding

Note

Acquired - II

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Sources

2

10

10

10

10

Driven By Stem Partners & Customers

3 Partners and customers

Driven By Stem has 3 strategic partners and customers. Driven By Stem recently partnered with Tinley Beverage Co. on May 5, 2021.

Date

Type

Business Partner

Country

News Snippet

Sources

5/25/2021

Partner

United States

Stem Holdings d/b/a Driven By Stem and Tinley Beverage Create Home Delivery Solution for Cannabis Beverages in California

`` Tinley 's growing lineup of Tinley 's and third-party beverages expands Stem Holdings 's access to a growing portfolio of high-quality drinks , as well as opportunities for working with these brands on collaborative , drink-specific marketing , '' said Adam Berk , CEO of Stem Holdings .

1

9/19/2019

Licensor

United States

Subscribe to see more

Subscribe to see more

10

7/15/2019

Licensee

United States

Subscribe to see more

Subscribe to see more

10

Date

5/25/2021

9/19/2019

7/15/2019

Type

Partner

Licensor

Licensee

Business Partner

Country

United States

United States

United States

News Snippet

Stem Holdings d/b/a Driven By Stem and Tinley Beverage Create Home Delivery Solution for Cannabis Beverages in California

`` Tinley 's growing lineup of Tinley 's and third-party beverages expands Stem Holdings 's access to a growing portfolio of high-quality drinks , as well as opportunities for working with these brands on collaborative , drink-specific marketing , '' said Adam Berk , CEO of Stem Holdings .

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Sources

1

10

10

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.