MassRoots Buys Pot Online Ordering Platform Whaxy
MassRoots, a technology platform for the cannabis industry, announced last week it entered into a definitive agreement to acquire DDDigtal, otherwise known as Whaxy and Cannabuild, for $100,000 cash and 2,926,830 million shares of MassRoots’ common stock.
In a press release, MassRoots said that, since Whaxy launched its menu management and online ordering platform in May for licensed cannabis businesses, it has processed more than $5 million in volume across 40,000 unique transactions.
“This acquisition, when completed, will expand MassRoots’ offerings to include a full suite of dispensary software solutions — online ordering, marketing and real-time inventory management — for cannabis businesses,” stated Isaac Dietrich, MassRoots CEO, in the press release. “Zach Marburger is a brilliant strategist whom we’ve known for years, and Whaxy’s CTO, Micah Davidson, engineered one of the best technology platforms on the market with a lean budget. We could not be more excited to welcome...
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