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Home Cannabis

Results Based Outsourcing, Inc. (OTC Pink: RBOS) Soars 87% After Announcing Name Change to Driven, Inc.

by admin
January 9, 2019
in Cannabis
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Results Based Outsourcing OTC Pink RBOS Name Change Driven News

Results Based Outsourcing OTC Pink RBOS Name Change Driven News

Results Based Outsourcing, Inc. (OTC Pink: RBOS) operates as a outsourcing business services provider. Shares of the business services provider are soaring 87.11%, through early trading on Wednesday, January 9, 2019. Over the past three months, Results based Outsourcing has seen average daily volume of 891 shares. However, volume of 5,621 shares or dollar volume of $23,664, has already exchanged hands through early trading on Wednesday.

Shares of Results Based Outsourcing are soaring on Wednesday, after the company announced that it is changing its name to Driven, Inc. The new company will operate as a cannabis delivery service operating across the United States. Driven, Inc. will provide on-demand marijuana delivery to cities and states that have legalized cannabis markets. The company will be moving forward with its previously-announced forward stock split of 12.35 for 1. Here is the full press release detailing of the name and business change:

Results Based Outsourcing, Inc./Driven, Inc. Press Release:

SAN DIEGO, Jan. 09, 2019 (GLOBE NEWSWIRE) — Results Based Outsourcing Inc. (RBOS) today announced that it has received approval for plans to change the corporate name to Driven, Inc.

The Company expects its previously announced forward stock split of 12.35 for 1 will be effective imminently since it was advised that all necessary approvals have been obtained.  All share and per share amounts for the common stock have been retroactively restated in the Company’s filings with the Securities and Exchange Commission to give effect to the split.

Recent legislature in California, Massachusetts, Maine, Michigan, Missouri, Florida Arkansas, Montana, North Dakota, Oklahoma, Utah, and West Virginia will add $7.4 billion to the 2021 market forecast, bringing the overall market projection for legal, adult-use and medical sales in North America to $24.5 billion.  This growth represents a compound annual growth rate of 28%.
(* https://cannabusinessplans.com/cannabis-legal-market-size-projections/)

About Driven
Driven Inc. is the only publicly traded cannabis delivery service operating within the United States.  Founded by experienced technology and cannabis executives, The Company provides on-demand marijuana delivery, in select cities where allowed by law.  Driven provides the legal cannabis consumers the ability to purchase and receive their marijuana in a fast and convenient manner.  By 2020, legal cannabis revenue in the U.S. market is projected to hit $23 billion.  In leveraging consumer trends, and offering a proprietary, turnkey delivery system to its customers, management believes it is uniquely positioned to best serve the needs of the emerging cannabis industry and capture notable market share within the sector. For more information, please visit https://godriven.com/ and review Driven’s filings with the U.S. Securities and Exchange Commission.

Tags: acquisitioncannabiscannabis deliverycannabis marketcommon stockdrivenemerging growthInc.investinginvestmentmarijuana delivery servicemarijuana stocksmedical cannabismedical marijuanamicrocap stocksMJMJ newsnewsotc marketspot stockspublic companyrecreational cannabisrecreational marijuanasalesservicessmall cap companiessmall cap stockssmall capsSpotlight GrowthSpotlight Growth Stocksstock marketstockstradingtreatmentUS cannabis
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