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MassRoots buys another cannabis tech company for $12 million

Denver Business Journal

Denver-based marijuana social media platform MassRoots Inc. (OTCQB: MSRT) today announced the acquisition of CannaRegs Inc., a technology platform that tracks changes in cannabis regulations and taxes at municipal, state and federal levels, in a $12 million stock deal. CannaRegs was founded by Amanda Ostrowitz, a former regulator with the Federal Reserve, in 2014.