MassRoots Comments on White House Press Secretary Sean Spicer’s Cannabis Policy Remarks

By:
MassRoots Users Funding Round and Crosses Half a Million Users and NASDAQ

DENVER, Feb. 23, 2017 /Weed Wire/ — MassRoots, Inc. (OTCQB:MSRT), one of the leading technology platforms for the cannabis industry, is pleased to report its monthly page views have increased 68% month over month, driven primarily by MassRoots Senior Political Correspondent Tom Angell’s coverage of rapidly evolving state and federal cannabis policies. The Company plans to launch a revamped website within the next several weeks to significantly improve its search engine optimization, increase inventory for advertisers, and better connect medical cannabis patients with the best strains and products to treat their ailments.

“This is the first time a sitting Republican President has acknowledged the medical benefits of cannabis while we expect Congress to extend the Rohrabacher-Farr amendment prohibiting the Department of Justice from interfering with state medical cannabis programs,” stated MassRoots CEO Mr. Isaac Dietrich. “While it is disheartening to hear the White House not endorse recreational cannabis, these remarks play to President Trump’s base while subtly giving the green light to medical cannabis. We do not believe the Trump Administration will take significant action to shut down the recreational cannabis industry in states like Colorado, where the cannabis industry employs tens of thousands of people and contributes more than $100 million in taxes annually, mainly towards state education systems.”

MassRoots believes that if President Trump met with medical cannabis CEOs, he would be impressed with the vast amount of jobs and economic growth the cannabis industry can create.

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, 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.

Forward-looking Statements:
Certain matters discussed in this announcement contain statements, estimates and projections about the growth of MassRoots’ advertising business, partnerships, 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 the Amendment to our Registration Statement on Form S-1 filed with the SEC on  August 9, 2016. 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.

Weed Wire disseminates press releases from companies and organizations in the legal marijuana industry. Email weedwire@mjic.com to have your press release added.

Top