Tag Archives: tech

MassRoots reports net loss of $44 million in 2017

The storms MassRoots weathered in 2017 have set the marijuana tech firm adrift in a $44 million sea of red. A review of MassRoots Inc.’s annual filing made Tuesday with the U.S. Securities and Exchange Commission provides a portrait of

Computers to cannabis: HP jumps into marijuana industry

The digital cash registers ringing up customers coffee shops and chic boutiques will soon stationed in marijuana dispensaries. Computer giant HP announced Wednesday it is packaging its point-of-sale ElitePOS hardware with cannabis compliance software from Flowhub, a Denver-based business that

MassRoots now headquartered in Denver co-working space, repaying its debt obligations, CEO tells shareholders

Published: Feb 1, 2018, 5:36 pm • Updated: Feb 1, 2018, 5:52 pm By Alicia Wallace, The Cannabist Staff Marijuana tech firm MassRoots Inc. has relocated its corporate headquarters to a Denver co-working space after being evicted from its office

Colorado sticking with METRC for marijuana seed to sale tracking

Published: Jan 24, 2018, 10:31 am • Updated: Jan 24, 2018, 11:51 am By Alicia Wallace, The Cannabist Staff Colorado will stick with the familiar when it comes to tracking marijuana from seed to sale. The Colorado Department of Revenue

MassRoots loses headquarters following eviction proceedings

Published: Jan 15, 2018, 3:29 pm • Updated: Jan 15, 2018, 4:01 pm By Alicia Wallace, The Cannabist Staff Last week, in a nearly empty fourth floor courtroom of the Denver City and County building, a publicly traded cannabis technology

With Isaac Dietrich back at helm, MassRoots dismisses lawsuit against him

Published: Dec 22, 2017, 1:02 pm • Updated: Dec 22, 2017, 1:37 pm By Alicia Wallace, The Cannabist Staff Marijuana social network operator MassRoots Inc. has dismissed a lawsuit against its founder Isaac Dietrich. The dismissal comes a week after

MassRoots facing eviction from its Denver headquarters

Published: Dec 20, 2017, 5:10 pm • Updated: Dec 20, 2017, 5:55 pm By Alicia Wallace, The Cannabist Staff MassRoots’ volatile autumn is wrapping with the firm facing eviction from its Lower Downtown Denver office space. The company hasn’t paid

Ousted MassRoots CEO reclaims helm of marijuana tech firm

Published: Dec 14, 2017, 8:39 am • Updated: Dec 14, 2017, 9:47 am By Alicia Wallace, The Cannabist Staff The chaotic corporate tale of marijuana tech firm MassRoots has entered a new chapter with the Denver-based company making its second

MJ Freeway discloses another cyberattack on the firm, affecting cannabis businesses

Published: Nov 28, 2017, 2:15 pm • Updated: Nov 28, 2017, 2:37 pm By Bruce Kennedy, The Cannabist Staff MJ Freeway, one of the first companies to create “seed-to-sale” tracking and business software for the legal cannabis industry, has just

MassRoots sues founder, former CEO, alleging “serious misconduct”

Published: Nov 20, 2017, 1:56 pm • Updated: Nov 20, 2017, 5:35 pm By Alicia Wallace, The Cannabist Staff MassRoots Inc. last month jettisoned its CEO for alleged “serious misconduct” — claims of sex, drugs and misuse of funds —

MassRoots officials: “Right team and right plan” in place for growth

Published: Nov 16, 2017, 5:24 pm • Updated: Nov 16, 2017, 5:30 pm By Alicia Wallace, The Cannabist Staff MassRoots Inc.’s new CEO on Thursday sought to put a “weak” quarter and previous leadership in the rear-view mirror, telling investors

MassRoots quarterly revenue tanks

Published: Nov 14, 2017, 8:34 pm • Updated: Nov 14, 2017, 10:05 pm By Alicia Wallace, The Cannabist Staff MassRoots Inc. reported Tuesday that its third-quarter revenue had plunged precipitously and it would need to raise at least $2.5 million

MassRoots shake-up: In wake of abrupt CEO switch, deal to acquire CannaRegs gets nixed

Published: Oct 19, 2017, 9:15 am • Updated: Oct 19, 2017, 3:03 pm By Alicia Wallace, The Cannabist Staff MassRoots Inc. went through a massive transition this week. In a span of two days, the Denver-based marijuana tech and social

On-demand cannabis: California becoming hot spot for weed delivery, e-commerce

Published: Sep 14, 2017, 3:09 pm • Updated: Sep 16, 2017, 10:14 am By Alicia Wallace, The Cannabist Staff Eaze’s e-commerce platform is meant to feel familiar. Scrolling horizontally and vertically through product pictures is practically Netflixian. Refining results with

Eaze accelerating marijuana delivery tech with $27 million investment

Published: Sep 14, 2017, 12:40 pm • Updated: Sep 14, 2017, 6:01 pm By Alicia Wallace, The Cannabist Staff A tech company focused on cannabis delivery is going full-throttle in California. Eaze, a San Francisco-based firm that developed software to