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MassRoots, the marijuana-centric Denver social media and technology giant, filed documents with the U.S. Securities and Exchange Commission Wednesday morning confirming the ouster of the company’s founder and CEO, Isaac Dietrich.
In its Form 8-K filing, MassRoots also confirmed that it elevated a company vice president, Scott Kveton, to become the new CEO.
Kveton had been director of business development at Odava, a compliance and supply chain management company that MassRoots acquired in July. He signed Dietrich’s separation agreement.
Under the separation pact reached between MassRoots and Dietrich, the former CEO will receive a severance package equal