DENVER, CO / ACCESSWIRE / June 11, 2015 / MassRoots (MSRT), one of the largest and most active social networks for cannabis consumers with 325,000 users, is pleased to announce that it will be presenting at the Cannabis Capital Summit, organized by the Rockies Venture Club, on Tuesday, June 16, 2015. The event is expected to draw more than 100 accredited investors along with cannabis business leaders from across the country.
"What sets the Cannabis Capital Summit apart is that its investor base is primarily from Colorado and are already somewhat familiar with the cannabis industry," stated MassRoots CEO Isaac Dietrich. "This allows presenters and attendees to go into more detail and substance than they otherwise would. We encourage our investors and those looking to get involved to attend and learn more about the emerging cannabis industry."
On Recent Press Coverage
Last week, MassRoots was featured on Fox Business' Risk & Reward with Deirdre Bolton. The segment was entitled, "Connecting Online Over Cannabis," and can be viewed online here.
"We are incredibly grateful to the Risk & Reward team for giving us the opportunity to tell our story on the national stage," stated MassRoots CEO Isaac Dietrich. "This was our first live interview on national TV and I am thankful for this amazing learning opportunity."
On Business Growth and Flowhub
"Two weeks ago, we announced that 34% of the dispensaries in Colorado are using MassRoots within 12 weeks of us beginning to onboard them," stated MassRoots CEO Isaac Dietrich. "This gives us an unparalleled opportunity to build relationships with these dispensaries and introduce Flowhub as the system that will streamline business operations and maximize their profit margins. We believe our business platform, MassRoots for Business, and Flowhub can capture significant market share in Colorado this year and scale to the rest of the country as legalization progresses."
To learn more about MassRoots’ partnership with Flowhub, please visit our blog, our recently filed 8-K, and Flowhub's recent press release. Grow operation managers and dispensary owners who would like to learn more about Flowhub are encouraged to visit Flowhub.co and sign-up for a chance to use the platform during private beta.
MassRoots is one of the largest and most active communities of cannabis consumers with 325,000 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 CNN, Fox Business, CNBC, Fortune, BBC, Cannabist and the New York Times. For more information, please visit Corporate.MassRoots.com.
This information does not constitute an offer to sell or a solicitation of an offer to buy securities or assets of MassRoots. All information presented herein with respect to the existing business and the historical operating results of MassRoots and estimates and projections as to future operations, potential partnerships with other businesses, the success of events that we are attending, and other information, is based on materials prepared by the management of MassRoots and involve significant elements of subjective judgment and analysis which may or may not be correct. While the information provided herein is believed to be accurate and reliable, MassRoots makes no representations or warranties, expressed or implied, as to the accuracy or completeness of such information. In furnishing this information, MassRoots reserves the right to amend or replace some or all of the information herein at any time and undertakes no obligation to provide the recipient with access to any additional information. Nothing contained herein is or should be relied upon as a promise or representation as to the future.
Certain matters discussed in this announcement contain statements, estimates and projections about the growth of MassRoots' advertising business, potential partnerships with Flowhub, success of investor events attended by the Company, and our related business strategy. Such statements, estimates and projections may constitute forward-looking statements within the meaning of the federal securities laws. Important factors that could cause our actual results to differ materially from those anticipated by the statements made herein include, among others, the success of our advertising initiatives, the continued growth and engagement of our user base, our ability to work with partners of the Company, and unforeseen technical or other problems or issues that could affect the performance of our products or our business. Further information on our risk factors is contained in our filings with the SEC, including our Registration Statement on Form S-1 filed with the SEC on August 26, 2014. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. Any forward-looking statement made by us herein speaks only as of the date on which it is made. 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.