MassRoots' (MSRT) WeedPass™ Continues Growth, Now at 140 Participating Dispensaries
Company plans to expand its WeedPass rewards program to San Francisco and Phoenix markets in early 2019
LOS ANGELES - December 27, 2018 (Investorideas.com Newswire) MassRoots, Inc. ("MassRoots" or the "Company") (MSRT), a leading technology and rewards platform, announced today that the Company's WeedPass™ rewards system has gained adoption by more than 140 dispensary locations since launching in August 2018. MassRoots is continuing to expand the diversity of rewards offered by WeedPass, as well as the markets in which it's available.
MassRoots currently offers its WeedPass rewards program to regulated dispensaries in Denver and Los Angeles, with plans to expand to the San Francisco and Phoenix markets in early 2019. After an introductory free-trial period, the Company charges listing fees to participating dispensaries for its WeedPass rewards program as well as exposure to its community of one million registered users. MassRoots believes its platform can help drive sales to dispensaries in every regulated market in the United States.
"Management is extremely pleased with the rapid adoption and expansion of our newly implemented WeedPass™ rewards system," stated Mr. Isaac Dietrich, MassRoots' Chief Executive Officer. "The Company has made noteworthy progress in expanding its client-base of dispensaries and increasing its overall monthly revenue. I am confident that the Company is well-positioned to scale to several hundred paying dispensary clients by early 2019 and become a leading advertising channel for licensed retailers."
For more information, please visit www.WeedPass.com and review MassRoots' filings with the U.S. Securities and Exchange Commission.
About MassRoots
MassRoots, Inc. is a leading technology and rewards platform. Powered by more than one million registered users, the Company's mobile apps empower consumers to make educated purchasing decisions through community-driven reviews.
The Company's 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. For more information, please visit www.MassRoots.com/Investors and review MassRoots' filings with the U.S. Securities and Exchange Commission.
Forward-looking Statements
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