SEC Filing: MassRoots in the Red, ‘Need to Raise Additional Funds to Continue Operations’

Ganjapreneur
By TG BranfaltApr 19, 2018, 1:21 pm
Cannabis tech company MassRoots reported a $44 million net loss on revenues under $320,000 in 2017, according to its annual U.S. Securities and Exchange Commission filing outlined by The Cannabist. More than $22 million of the losses equaled the value of stock-based compensation to former employees, board…

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