MassRoots Enters Into Definitive Agreement To Acquire Whaxy
MassRoots Enters Into Definitive Agreement To Acquire Whaxy
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.
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