Tag: MassRoots

Debra BorchardtMay 5, 2020
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Business

MassRoots Gets Payroll Protection Loan Of $50,000

5min00
While numerous small businesses across the country struggle during an unforeseen lockdown, MassRoots (OTC:MSRT) the poorly run cannabis tech company managed to snag $50,000 in the Payroll Protection Program. This despite one of the company’s main shareholders being sued for stock fraud by the SEC. “I’m pleased to report MassRoots has raised significant capital to […]
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Debra BorchardtApril 30, 2020
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Business

BudTrader To Go Public In Reverse Takeover

6min022
The cannabis e-commerce online vendor BudTrader is going public in a reverse takeover with Lake Victoria Mining, Inc. (OTCPINK:LVCA). The privately held Encinitas, CA-based P5 Systems Inc. has owned and operated the BudTrader.com since 2016. The website boasts two million-plus registered users safely and legally post classifieds–style advertisements for cannabis products, services, jobs, information, and […]
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Video StaffApril 20, 2018
Marijuana Money

Marijuana Money April 20, 2018

5min00
Happy 4/20 everyone. It’s the day the cannabis industry likes to celebrate as their special holiday. It’s become a huge business deal for the industry. A recent study done by LeafLink predicts that this 4/20 will be the first ever to have retail sales top $1B, even reaching as high as $1.2B, based on their wholesale marketplace figures. According […]
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William SumnerApril 4, 2018
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Business

MassRoots Announces It Will Only List Licensed Dispensaries On Its Dispensary Finder

3min00
The cannabis technology company, MassRoots (MSRT), today reaffirmed its commitment to being compliant with California state law by announcing that it would only list state-licensed cannabis dispensaries on its platform. Over the next few weeks, the company intends to launch an updated version of its business portal and dispensary finder. In order to become listed […]
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Debra BorchardtFebruary 2, 2018
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BusinessFinancial

MassRoots Raises $4.75 Million

3min01
After burning through nearly $20 million, MassRoots (MSRT) has managed to raise another $4.75 million according to CEO Isaac Dietrich in a conference call held on Thursday for investors. and fully repay capital debt. Dietrich also said that he hopes to get the company to become cash flow positive this year. “We have a significant runway,” said […]
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Debra BorchardtDecember 29, 2017
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Technology

MassRoots Becomes Latest Marijuana Company To Go Blockchain

4min05
MassRoots, Inc. (MSRT) has formed MassRoots Blockchain Technologies, Inc., a wholly-owned subsidiary of MassRoots, Inc. dedicated to developing blockchain-based solutions for the cannabis industry.  “We believe blockchain has the potential to enable the cannabis industry to operate more efficiently and with a greater degree of accountability and transparency,” stated MassRoots Chief Executive Officer Isaac Dietrich. […]
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