No Smoking Zone: Nasdaq Rejects Weed Social Network

It’s reefer madness on Wall Street. The chief executive of MassRoots, the so-called Facebook for pot lovers, was turned down on Tuesday for a listing on Nasdaq. The company’s market cap of $35 million is well short of the exchange’s $160 million minimum — as is its $317,000 in shareholder equity.

Topics:  wall   street   massroots   facebook   nasdaq   million   minimum   
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