Nasdaq Blocks MassRoots’ Listing, Dealing Blow to Cannabis Startup

[kreslik.news]

Nasdaq, one of the largest stock exchanges in the United States, has put the clamps on one of its newest potential listings, stymying efforts to allow MassRoots, a social networking platform for cannabis users, from being added to the exchange as a tradable company.

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The denial to list on Nasdaq represents a convergence of ideals in the United States, a country that adheres to nationwide policy of illegal marijuana use at the federal level, despite having twenty-three states allowing it ... (read more)