MassRoots, Inc. (OTCQB: MSRT), one of the leading technology platforms for the cannabis industry, recently reported that it is expanding its point of sale system to the Nevada cannabis market. The decision by Nevada regulators to require all state-licensed cannabis businesses to file regulatory reports via Franwell, Inc.’s METRC system, replacing MJ Freeway’s Leaf Data Systems, effective November 1, 2017, presented MassRoots with an exciting growth opportunity, the company said in a news release. “We believe MassRoots is uniquely positioned to serve cannabis-related businesses in medical and recreational markets across the United States. We estimate our market-share of cannabis consumers on our mobile applications is among the top three in the country,” MassRoots CEO Isaac Dietrich said.
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About MassRoots, Inc.
MassRoots, Inc. is one of the leading technology platforms for the regulated cannabis industry. Powered by more than 1 million 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, MassRoots Retail, enables cannabis-related businesses to streamline retail operations and manage compliance reporting to state regulators. With a significant market share of medical cannabis patients in certain markets and more than 25,000 shareholders, the Company believes it is uniquely positioned to best serve the needs of the cannabis industry.
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