TORONTO, July 17, 2017 /PRNewswire/ -- MassRoots, Inc. (OTCQB:MSRT), one of the leading technology and compliance platforms for the cannabis industry, is pleased to announce that MassRoots' Chief Executive Officer, Chairman of the Board of Directors, and Largest Shareholder, Mr. Isaac Dietrich, will be presenting at The ArcView Group's Toronto Investor forum at 1:15pm ET today, July 17, 2017 at Toronto Marriott Downtown Eaton Centre, 525 Bay Street, Toronto, Ontario.
Mr. Dietrich is expected to provide an update on MassRoots' recent acquisition of Odava, Inc. and cover the Company's plan to scale its monthly recurring revenue. A copy of the presentation may be accessed here.
Members of the ArcView Group have collectively invested more than $7 million in MassRoots through equity offerings and warrant exercises since first pitching at an ArcView event in September 2013. The ArcView Group's membership of 600 accredited investors has collectively invested $125 million into the leading companies in the cannabis industry.
"MassRoots is one of the most notable companies to present to our investor group and Isaac will now have presented at 14 consecutive ArcView investor forums – more than any other entrepreneur in our history," stated Mr. Troy Dayton, Co-Founder and Chief Executive Officer of the ArcView Group. "ArcView's investor forums bring together the cannabis industry's leading companies and high net worth investors in an intimate two-day forum. If you are investing any significant capital in this space, you might as well leverage the tremendous value of your peers by being an ArcView member."
About MassRoots MassRoots, Inc. is one of the leading technology platforms for the regulated cannabis industry. Powered by more than one million registered users, the Company's mobile apps empower consumers to make educated cannabis purchasing decisions through community-driven reviews. Its compliance and point-of-sale system, Odava, enables cannabis-related businesses to streamline their retail operations and compliance reporting to state regulators. With a significant market share of medical cannabis patients in certain markets, more than 25,000 shareholders, equity financings and warrant exercises of more than $17 million since inception, the Company believes it is uniquely positioned to best serve the needs of the cannabis industry. For more information, please visit MassRoots.com/Investors and MassRoots, Inc.'s filings with the U.S. Securities and Exchange Commission.
Forward-looking Statements Certain matters discussed in this announcement contain statements, estimates and projections about the growth of MassRoots, Inc.'s business, partnerships, new features, acquisitions, user growth 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. For more information, please refer to MassRoots, Inc.'s filings with the U.S. Securities and Exchange Commission.