MassRoots’ net loss widens, but cash reserves grow

MassRoots saw its red ink double in the third quarter, though the cannabis-focused social media network’s cash reserves were substantially higher than the previous three-month period. According to the company’s latest quarterly filing with the Securities and Exchange Commission, MassRoots posted a $7.1 million new loss in the third quarter versus $3.5 million a year earlier. Revenue […] MassRoots’ net loss widens, but cash reserves grow is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs