Legalized Cannabis will Boost the Economy but it won’t Solve the Debt Crisis

No, Cannabis won’t Solve the Economic Problem, but it will help! There is a common misconception being spread by a select few cannabis advocates that need to be toned down. It’s the idea that “Legalizing cannabis will save the economy”. The fact of the matter is that legalizing cannabis would…

Continue reading

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 space last month, the company’s CEO told shareholders Thursday. The…

Continue reading

Rohrabacher-Blumenauer medical marijuana protections extended by debt limit deal

Published: Sep 8, 2017, 3:34 pm • Updated: Sep 8, 2017, 4:13 pm By Alicia Wallace, The Cannabist Staff Existing federal protections for medical marijuana states are expected to continue through at least Dec. 8. The $ 15.3 billion disaster aid package, debt limit increase and government spending extension approved…

Continue reading

Marijuana tech firm MassRoots clears debt defaults, continues cost-cutting

Published: Oct 7, 2016, 11:38 am • Updated: Oct 7, 2016, 11:38 am By Alicia Wallace, The Cannabist Staff Cannabis tech company MassRoots has cured its previously disclosed debt default, and its executives have taken pay cuts to better the Denver firm’s financial position to close out the year, according…

Continue reading

Embattled weed tech company MassRoots cuts jobs amid debt default

Published: Sep 27, 2016, 1:02 pm • Updated: Sep 27, 2016, 1:47 pm By Alicia Wallace, The Cannabist Staff MassRoots Inc., the cannabis-centric technology and social media company, has cut more than 40 percent of its workforce and recently defaulted on debt payments, the Denver-based firm disclosed. MassRoots officials said…

Continue reading

City OK’s Medical Marijuana – Instantly Erases Debt

By Alex Schwantner “What a long strange trip its been…’ we listened to the citizens and created a package that was reflective of the population…” This from Mayor Patrick Keogh of the central California city of Coalignia summing up six months of intense debate over marijuana policy. Now, with the…

Continue reading