DENVER, Sept. 29, 2014 /PRNewswire/ — MassRoots, a social network for the cannabis community, is pleased to announce the winners of the Inaugural Marijuana Tech Startup Competition.
The Surna First Place Prize ($2,500): CannaRegs
“CannaRegs keeps dispensaries, investors and ancillary businesses informed of changes to marijuana laws and regulations.”
CEO: Amanda Ostrowitz
The Good Chemistry Second Place Prize ($1,000): CraftedHere
“CraftedHere provides an online directory of cannabis-friendly bars, clubs and dispensaries for tourists and marijuana enthusiasts.”
Co-Founder: Mike Lockwitz
The Cannaseur Third Place Prize ($500): CannaBrokers
“CannaBrokers facilitates wholesale transactions between licensed growers, edibles producers and extract companies with dispensaries.”
CEO: Brett Terry
“With over 150 attendees, including 12 investment funds and 45 developers, our inaugural Marijuana Tech Startup Competition was a huge success,” remarked MassRoots CEO Isaac Dietrich. “This event helped develop the next generation of marijuana-tech startups that not only solve real-world problems, but hopefully help to shape the development of the marijuana industry as a whole. Having a legal-tech startup like CannaRegs win a marijuana-related hackathon goes to show the level of professionalism and talent that is entering the cannabis industry.”
“As the lead investor in MassRoots, the brainchild behind this event, it was especially exciting for us to attend and be on the judging panel,” stated Ashton Jones, Vice President of Business Development at Dutchess Capital. “Dutchess is looking to put our money behind groups that can accelerate their ideas into viable products or services, and Amanda’s concept with CannaRegs ticked all the boxes for us.”
“The judges immediately recognized we could use CannaRegs in our own businesses today,” remarked Tom Bollich, CEO of Surna and a co-founder of gaming giant Zynga. “Getting the chance to sponsor new ideas and future businesses with Surna’s first place prize is an honor and we look forward to helping foster innovation within the cannabis industry.”
Pictures of the Marijuana Tech Startup Competition are available at: http://www.mjstartup.com/event-photos/
MassRoots is a social network for the cannabis community. Since launching in the App Store in July 2013, it has grown into a network of 170,000 cannabis consumers and raised $625,000 through the ArcView Group. MassRoots has been covered by the New York Times, FastCompany, Bloomberg, Business Insider and VICE on HBO. For more information, please visit www.MassRoots.com.
SOURCE MassRoots, Inc.
CONTACT: Isaac Dietrich, 1-720-442-0052, Isaac@MassRoots.com