Cannabis Social Network Clears First Hurdle to Nasdaq Listing

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A fast-growing social network for marijuana users is entering a key phase in its quest to get listed on the Nasdaq, which would mark a groundbreaking development for the cannabis industry and MJ stocks at large.

Denver-based MassRoots – which applied for a Nasdaq listing in August – passed its first major test Wednesday when its S-1 filing with the Securities and Exchange Commission became effective.

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