MassRoots, Inc. (OTCPink:MSRT) is a leading technology platform 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 rewards program, WeedPass™, enables consumers to earn tickets to movies, sporting events, and festivals by shopping at participating dispensaries. MassRoots has been covered by CNN, CNBC, Fox Business, Fortune, Forbes, and Reuters.
MassRoots Connects Cannabis Enthusiasts with Dispensaries
Our business model is based on monthly listing fees for dispensaries, as well as fees for our WeedPass Rewards program. We believe our platform could help drive revenue to 2,700+ regulated dispensaries in the United States.
The MassRoots Mobile Application
With over one million registered users, the MassRoots mobile application enables consumers to rate and review thousands of cannabis products, find regulated dispensaries in their local area, and earn rewards on their purchases through WeedPass.
MassRoots for Business
With over one hundred dispensary accounts, MassRoots’ Business Portal enables dispensaries to manage their location profile, view analytics on their customers and local market, communicate with consumers, and in the coming weeks, manage their WeedPass reward specials.
WeedPass Rewards Program
Fully integrated with MassRoots’ mobile applications and business portal, the WeedPass rewards program enables consumers to earn rewards for their purchases at dispensaries, including tickets to concerts, festivals, movies, and sporting events.
Isaac Dietrich is the founder, largest shareholder, Chief Executive Officer of MassRoots, each since our inception, and is responsible for executing our strategic business development. He has served as Chief Executive Officer of MassRoots, Inc. from April 2013 through October 2017. Mr. Dietrich was the co-founder and majority shareholder of RoboCent.com from June 2012 until his buyout in December 2016, scaling the business to millions in revenue. He also founded Tidewater Campaign Solutions, LLC, a Virginia Beach-based political strategy firm that was retained by 30 political campaigns and political action committees from January 2010 to December 2012. From February to December 2010, Mr. Dietrich served as Field Director for former Congressman E. Scott Rigell’s campaign.
MassRoots has entered into a Letter of Intent to purchase the influencer marketing platform of Herbfluence for consideration of $250,000 in preferred stock. The purchase is subject to standard due diligence and is expected to close by January 31, 2021. Through this asset purchase, MassRoots expects to enable its clients to identify the most effective influencers for their marketing campaigns, schedule posts with those influencers, and evaluate their return on marketing spend.