DENVER, Sept. 20, 2016 /PRNewswire/ -- MassRoots, Inc. (OTCQB:MSRT), one of the largest and fastest growing technology platforms for the cannabis industry, is pleased to release its product roadmap for fall 2016. Through its community-driven reviews, MassRoots aims to connect consumers with the products that will best treat their ailments at their local dispensary.
The MassRoots App will soon enable users to leave reviews of particular products and tag the dispensary from which they were purchased. In future iterations, users will be able to rate the product based on a variety of factors, i.e. back pain relief.
Live Menu Pricing
Through MassRoots' partnership with Headset, dispensaries will soon be able to display live inventory and pricing information on their MassRoots profile, regardless of which point-of-sale system they use. This will enable users to see how much a particular product costs at their local dispensary, providing more value to both MassRoots' users and clients.
Improved Business Portal
Through MassRoots' partnership with Headset and integrations with Flowhub, we intend to display the most useful information for dispensaries in easy-to-use, actionable formats and enable dispensaries to target advertising based on that information.
"When a new state passes a medical or recreational cannabis law, we are able to start registering users and businesses in that state with minimal marginal cost. Because MassRoots is not involved in the production or sale of cannabis, we do not have to build outgrow operations, open retail stores, or have a significant physical presence in the state in order to generate revenue," stated MassRoots CEO Isaac Dietrich. "At the same time, MassRoots' financial model is not tied to the success of a particular location or brand – we believe we will have a significant percentage of all dispensaries and brands on our platform, making MassRoots a play on the industry as a whole."
MassRoots CEO Isaac Dietrich will be speaking on the Data in Cannabis panel at the Elevate Startup Technology Conference this afternoon and will be hosting a Facebook Live Q&A from the event today, September 20, 2016, at 2:00pm EDT on MassRoots' Facebook Page.
MassRoots is one of the largest and most active technology platforms for cannabis consumers, businesses and activists with over 900,000 registered users. It is proud to be affiliated with the leading organizations in the cannabis industry, including the ArcView Group and National Cannabis Industry Association. MassRoots has been covered by Fox Business, CNBC, Fortune, Denver Post, and The Financial Times. For more information, please visit MassRoots.com/Investors.
Certain matters discussed in this announcement contain statements, estimates and projections about the growth of MassRoots' business, potential partnerships, new features, and related business strategy. Such statements, estimates and projections may constitute forward-looking statements within the meaning of the federal securities laws. Factors or events that could cause our actual results to differ may emerge from time to time. 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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SOURCE MassRoots, Inc.