MassRoots Enters Into Definitive Agreement To Acquire Whaxy

DECEMBER 17, 2016 | MJ NEWS NETWORK

MassRoots, one of the leading technology platforms for the cannabis industry, this week announced it has entered into a definitive agreement to acquire DDDigtal Inc. d.b.a. “Whaxy” & Cannabuild for $100,000 cash and 2,926,830 million shares of MassRoots’ common stock.

Since launching in May 2016, Whaxy‘s menu management and online ordering platform for licensed cannabis businesses has processed over $5 million in volume across 40,000 unique transactions. The acquisition is subject to customary closing conditions.

MassRoots Enters Into Definitive Agreement To Acquire Whaxy