Denver, CO — MassRoots, Inc. (OTCQB:MSRT), one of the leading technology platforms for the cannabis industry, is pleased to announce that it has released product and strain reviews within its iOS and Android applications. Through community-driven reviews, MassRoots aims to connect consumers with the best products to treat their ailments.
“There are currently tens of thousands of strains and products in the regulated cannabis industry, making it difficult for consumers to find the best ones to treat their ailments, such as back-pain or nausea,” stated MassRoots CEO Isaac Dietrich. “Through community-driven reviews, we’re enabling our passionate user base to easily provide this information and then present it in a meaningful way for everyday people to make cannabis purchasing decisions.”
MassRoots is available in every state with a medicinal or recreational cannabis law. On November 8, 2016, nine states will be voting on initiatives to regulate the production and sale of cannabis, potentially expanding the regulated cannabis market from around $7 billion in 2016 to more than $23 billion by 2020 according to ArcView Market Research. MassRoots expects the continued addition of new features to its platform combined with expansion of the regulated cannabis market could significantly accelerate its user growth and potential revenues.
MassRoots is one of the largest technology platforms for the regulated cannabis industry. It is proud to be affiliated with the leading businesses and organizations in the cannabis industry, including the ArcView Group and National Cannabis Industry Association. MassRoots has been covered by The Hill, Denver Post, Fortune, Forbes, and CNBC. For more information, please visit MassRoots.com/Investors.
This information does not constitute an offer to sell or a solicitation of an offer to buy securities or assets of MassRoots. All information presented herein with respect to the existing business and the historical operating results of MassRoots and estimates and projections as to future operations, the success of events that we are attending, and other information, is based on materials prepared by the management of MassRoots and involve significant elements of subjective judgment and analysis which may or may not be correct. While the information provided herein is believed to be accurate and reliable, MassRoots makes no representations or warranties, expressed or implied, as to the accuracy or completeness of such information. In furnishing this information, MassRoots reserves the right to amend or replace some or all of the information herein at any time and undertakes no obligation to provide the recipient with access to any additional information.
Certain matters discussed in this announcement contain statements, estimates and projections about the growth of MassRoots’ advertising business, partnerships, and our related business strategy. Such statements, estimates and projections may constitute forward-looking statements within the meaning of the federal securities laws. Important factors that could cause our actual results to differ materially from those anticipated by the statements made herein include, among others, the success of our advertising initiatives, the continued growth and engagement of our user base, our ability to work with partners of the Company, and unforeseen technical or other problems or issues that could affect the performance of our products or our business. Further information on our risk factors is contained in our filings with the SEC, including the Amendment to our Registration Statement on Form S-1 filed with the SEC on August 9, 2016. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. Any forward-looking statement made by us herein speaks only as of the date on which it is made. MassRoots undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The recipient of this information is cautioned not to place undue reliance on forward-looking statements.
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