To me it looks like burning from excessive fertilizers.
Baby plants need baby feeding and if you are using decent soil, no extra feeding until roughly 4 weeks. After this, quarter or half strength nutrients is plenty strong enough until the plant is a foot or more taller, then half strength is all that is needed.
Forget about using molasses, it doesn't really do anything for your plant, it may/could help your soil microbes VERY slightly, but in all honesty, it really does not do anything.
If you want to give something that actually does something, give your plants humic acid, fulvic acid or amino acids, (or all three for a turbo boost!), these will all do 10,000 times more benefit for your plants than expensive sugar water (molasses).
My latest "wonder" ingredient that has proven exceptional benefit over the last couple of years and with quantifiable results is using "Mykos" from Xtreme Gardening, or a similar mycorrhizae amendment. These are outstanding products and while a little pricey, they are worth every cent. After 35+ years of growing, this product has impressed me so much, that I would never consider growing without it ever. Most grow shops have these products, otherwise eBay.
The main benefit is the way it makes nutrients super available to the plant, reducing fertilizer use, and increases the plants vigour and overall health remarkably.
Hope this helps, Organoman.