Stock-based compensation drives up MassRoots’ red ink to $44M in 2017

MJBizDaily
By Lisa Bernard-KuhnApr 18, 2018, 2:05 pm11 pts
Turmoil-plagued marijuana tech company MassRoots suffered a $44.3 million loss in 2017, a large portion of which can be attributed to $22 million in stock-based compensation the company handed out during the year. Losses in 2016 totaled $18 million. The Denver-based company’s annual report, filed Tuesday…

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