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MassRoots Adds Robert Hymers to Its Strategic Advisory Board

LOS ANGELES--(BUSINESS WIRE)--

MassRoots, Inc. ("MassRoots" or the "Company") (MSRT), a leading technology platform for the regulated cannabis industry, is pleased to announce it has added cannabis industry veteran Mr. Robert L. Hymers to its Strategic Advisory Board. In this capacity, Mr. Hymers is expected to help guide MassRoots’ strategic investments and partnerships in the rapidly growing cannabis industry.

Mr. Robert Hymers is the Managing Partner of Pinnacle Tax Services in Los Angeles and was previously Chief Financial Officer and Director of Marijuana Company of America, Inc. (MCOA). He currently serves as a consultant for Cannabis Strategic Ventures, Inc. (NUGS) and Sugarmade Inc. (SGMD), with significant experience in matters concerning tax accounting, auditing, SEC reporting, mergers and acquisitions, and corporate finance. Mr. Hymers holds a Master of Science in Taxation and a Bachelor’s of Science in Accountancy, in addition to a CPA license.

“Our planned acquisition of COWA Science Corporation is expected to significantly grow MassRoots’ revenues and we believe the advice of an experienced financial professional, Mr. Robert Hymers, will serve us well,” stated MassRoots’ Chief Executive Officer Isaac Dietrich. “We look forward to working with Mr. Hymers to improve MassRoots’ business model, form partnerships with leading brands, and evaluate accretive opportunities in the evolving cannabis industry.”

Regarding the appointment to the Advisory Board, Mr. Hymers said: “I am honored to be part of the MassRoots team. This is an exciting year for strategic acquisitions and partnerships in the cannabis industry and I believe that my extensive experience, skill-set, and relationships will prove helpful to the Company.”

For more information, please see MassRoots’ Corporate Overview Deck and the Company’s Current Report on Form 8-K filed with the U.S. Securities and Exchange Commission on February 12, 2019.

For additional information on Mr. Hymers, please visit www.roberthymers.com.

About MassRoots

MassRoots, Inc. 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, WeedPassTM, 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. For more information, please visit www.MassRoots.com/Investors and review MassRoots' filings with the U.S. Securities and Exchange Commission.

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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