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MassRoots Cannabis Media Company Issues Update on Acquisition of Empire Services
Wednesday, May 12, 2021 - 1:37pm | 332Cannabis media company MassRoots, Inc. (OTC: MSRT) is pawing its way toward acquiring Empire Services, Inc. The Norfolk, Virginia-based company announced last week that it's looking to purchase all of Empire's equity for $14 million in a primarily stock-based transaction. MassRoots said...
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MassRoots To Acquire Empire Services For $14M: What Cannabis Investors Need To Know
Wednesday, May 5, 2021 - 11:18am | 376Cannabis media company MassRoots, Inc. (Pink: MSRT) is looking to acquire Empire Services, Inc. Denver-based MassRoots announced Wednesday it has executed a letter of intent with Empire to purchase all of its equity for $14 million in a primarily stock-based transaction. What It Means For...
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Experts React To State-By-State Cannabis Votes: 'Constituents Are Starting To Make Their Voice Heard'
Wednesday, November 14, 2018 - 9:06am | 935The 2018 midterm elections left the U.S. with a Republican Senate, a Democratic House and three states with legalized cannabis. Michigan voted to legalize recreational marijuana, becoming the first state in the Midwest to do so, while Missouri and Utah passed ballot measures to allow the use of...
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Exclusive: MassRoots Files SEC Paperwork For Cannabis Industry-Focused Cryptocurrency
Tuesday, April 17, 2018 - 6:43pm | 631In an attempt to separate itself from the crowd and pivot toward a more profitable business model, cannabis media company MassRoots Inc (OTC: MSRT) has filed with the SEC to introduce a cryptocurrency. The digital currency is “aimed at encouraging key...
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Wonder Women Of Weed: Amanda Ostrowitz, From Federal Reserve Bank Regulator To Cannabis Compliance Entrepreneur
Wednesday, March 7, 2018 - 12:17pm | 958"Wonder Women Of Weed" is a bi-monthly show and column featuring accomplished female leaders in the cannabis industry, brought to you by a collaborative effort that includes Benzinga, Industry Power Women and Direct Cannabis Network. This week, we present CannaRegs...
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Pot Stocks & ETFs: Top News In The Cannabis Industry For The Week
Friday, February 2, 2018 - 6:17pm | 990North American cannabis stocks took a beating this week, with the North American Marijuana Index posting a 27.2 percent loss, largely on the back of poor performance among Canadian stocks. "The Canadian market collapsed this week after over $1.2 billion of deal offerings from publicly-traded...
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MassRoots Files Suit Against Former CEO
Wednesday, November 22, 2017 - 6:44pm | 415MassRoots Inc (OTC: MSRT), a nano-cap provider of an online platform that allows consumers to provide reviews of cannabis strains and products, confirmed in a press release after Tuesday's market close it that filed a lawsuit against former CEO Isaac Dietrich. Chatter that Dietrich was ousted...
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MassRoots CEO Explains Why 'Critics Are Missing The Point'
Tuesday, September 19, 2017 - 2:41pm | 1576Benzinga recently analyzed if MassRoots Inc (OTC: MSRT)'s acquisition of CannaRegs, Inc. for $12 million made sense. On one side of the spectrum was Alan Brochstein, author of the 420 Investor, who argued that the price tag was too high and that this could be seen as a proxy of MassRoots...
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The Company That Wants To Be The Yelp For Marijuana
Tuesday, December 6, 2016 - 4:09pm | 509It’s been a hot year for the marijuana industry. Eight states expanded legalization measures on Election Day, bringing the total number of states where marijuana is legal for either medicinal or recreational purposes to 29. Coinciding with that is the big rally in marijuana stocks, which one...
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Is NASDAQ Going Green?
Tuesday, September 1, 2015 - 8:30am | 339On Monday, the marijuana-themed networking company MassRoots Inc (OTC: MSRT) announced its plans to become the first cannabis-based company to be listed on the Nasdaq Capital Market. The company has been listed OTC since April 2015, but if it is accepted by Nasdaq, it will mark a major milestone...