MassRoots Launches Revamped Dispensary Portal, Cap
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Posted On: 06/20/2018 10:18:17 AM
MassRoots Launches Revamped Dispensary Portal, Capable of Serving 2,400+ Licensed Dispensaries in Key Cannabis Markets
Re-developed business portal aims to give dispensaries exposure to MassRoots’ community and ability to view insightful analytics on their local cannabis market
DENVER, June 20, 2018 - MassRoots, Inc. (“MassRoots” or the “Company”) (OTCQB: MSRT), a leading technology platform for the regulated cannabis industry, announced today that it has launched its revamped dispensary portal, MassRoots for Business, accessible at business.massroots.com. Through this business portal, dispensaries are able to list locations on MassRoots’ dispensary finder, update key information in real-time, and view insightful analytics on their local cannabis market.
Subscriptions to MassRoots’ business portal start at $420 per month, per dispensary location with a twelve-month minimum contract. According to New Frontier Data, there are currently 2,488 licensed dispensary locations in the United States. We believe that if MassRoots is able to engage several hundred in listing contracts, it could be a significant source of revenue and growth for the company.
“We expect that subscriptions to MassRoots for Business will be our primary source of revenue this year,” stated MassRoots’ Chief Executive Officer Isaac Dietrich. “We believe our dispensary portal has the ability to drive a new source of traffic to our dispensary clients and empower them with insightful analytics to better run their business.”
Businesses interested in learning more about MassRoots’ offerings for dispensaries and other licensed cannabis enterprises are encouraged to email Dispensaries@MassRoots.com or call (833) 467-6687.
Forward-looking Statements
This press release contains certain forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are identified by the use of the words "could," "believe," "anticipate," "intend," "estimate," "expect," "may," "continue," "predict," "potential," "project" and similar expressions that are intended to identify forward-looking statements. All forward-looking statements speak only as of the date of this press release. You should not place undue reliance on these forward-looking statements. Although we believe that our plans, objectives, expectations and intentions reflected in or suggested by the forward-looking statements are reasonable, we can give no assurance that these plans, objectives, expectations or intentions will be achieved. Forward-looking statements involve significant risks and uncertainties (some of which are beyond our control) and assumptions that could cause actual results to differ materially from historical experience and present expectations or projections. Actual results to differ materially from those in the forward-looking statements and the trading price for our common stock may fluctuate significantly. Forward-looking statements also are affected by the risk factors described in the Company's filings with the U.S. Securities and Exchange Commission. Except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events.
Re-developed business portal aims to give dispensaries exposure to MassRoots’ community and ability to view insightful analytics on their local cannabis market
DENVER, June 20, 2018 - MassRoots, Inc. (“MassRoots” or the “Company”) (OTCQB: MSRT), a leading technology platform for the regulated cannabis industry, announced today that it has launched its revamped dispensary portal, MassRoots for Business, accessible at business.massroots.com. Through this business portal, dispensaries are able to list locations on MassRoots’ dispensary finder, update key information in real-time, and view insightful analytics on their local cannabis market.
Subscriptions to MassRoots’ business portal start at $420 per month, per dispensary location with a twelve-month minimum contract. According to New Frontier Data, there are currently 2,488 licensed dispensary locations in the United States. We believe that if MassRoots is able to engage several hundred in listing contracts, it could be a significant source of revenue and growth for the company.
“We expect that subscriptions to MassRoots for Business will be our primary source of revenue this year,” stated MassRoots’ Chief Executive Officer Isaac Dietrich. “We believe our dispensary portal has the ability to drive a new source of traffic to our dispensary clients and empower them with insightful analytics to better run their business.”
Businesses interested in learning more about MassRoots’ offerings for dispensaries and other licensed cannabis enterprises are encouraged to email Dispensaries@MassRoots.com or call (833) 467-6687.
Forward-looking Statements
This press release contains certain forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are identified by the use of the words "could," "believe," "anticipate," "intend," "estimate," "expect," "may," "continue," "predict," "potential," "project" and similar expressions that are intended to identify forward-looking statements. All forward-looking statements speak only as of the date of this press release. You should not place undue reliance on these forward-looking statements. Although we believe that our plans, objectives, expectations and intentions reflected in or suggested by the forward-looking statements are reasonable, we can give no assurance that these plans, objectives, expectations or intentions will be achieved. Forward-looking statements involve significant risks and uncertainties (some of which are beyond our control) and assumptions that could cause actual results to differ materially from historical experience and present expectations or projections. Actual results to differ materially from those in the forward-looking statements and the trading price for our common stock may fluctuate significantly. Forward-looking statements also are affected by the risk factors described in the Company's filings with the U.S. Securities and Exchange Commission. Except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events.
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