Once Flying High, Denver-Based MassRoots Has Nosedived

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Once Flying High, Denver-Based MassRoots Has Nosedived

Flickr / Cannabis Pictures / CC BY 2.0

At one point, MassRoots was flying high, raising millions of dollars from investors and attempting to become the first cannabis company listed on the Nasdaq.

Over the course of 2017, however, the marijuana-centric, Denver-based social media network has nosedived and now finds itself in a precarious position.

Consider the following recent developments:

Last month, the company’s board of directors abruptly fired CEO and founder Isaac Dietrich for undisclosed reasons.

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