Stocks of MassRoots, Inc. (OTCMKTS:MSRT) Rise on Announcement of News They Will Host Facebook Q&A

MassRoots, Inc. (OTCMKTS:MSRT), one of the cannabis industries largest and fastest growing technology platforms, announces its product roadmap for fall 2016.

DENVER, Sept. 20, 2016 /PRNewswire/ — MassRoots, Inc. (OTCQB:MSRT), one of the largest and fastest growing technology platforms for the cannabis industry, is pleased to release its product roadmap for fall 2016. Through its community-driven reviews, MassRoots aims to connect consumers with the products that will best treat their ailments at their local dispensary.

Product Reviews

The MassRoots App will soon enable users to leave reviews of particular products and tag the dispensary from which they were purchased. In future iterations, users will be able to rate the product based on a variety of factors, i.e. back pain relief.

Live Menu Pricing

Through MassRoots’ partnership with Headset, dispensaries will soon be able to display live inventory and pricing information on their MassRoots profile, regardless of which point-of-sale system they use. This will enable users to see how much a particular product costs at their local dispensary, providing more value to both MassRoots’ users and clients.

Improved Business Portal

Through MassRoots’ partnership with Headset and integrations with Flowhub, we intend to display the most useful information for dispensaries in easy-to-use, actionable formats and enable dispensaries to target advertising based on that information.

“When a new state passes a medical or recreational cannabis law, we are able to start registering users and businesses in that state with minimal marginal cost. Because MassRoots is not involved in the production or sale of cannabis, we do not have to build outgrow operations, open retail stores, or have a significant physical presence in the state in order to generate revenue,” stated MassRoots CEO Isaac Dietrich. “At the same time, MassRoots’ financial model is not tied to the success of a particular location or brand – we believe we will have a significant percentage of all dispensaries and brands on our platform, making MassRoots a play on the industry as a whole.”

MassRoots CEO Isaac Dietrich will be speaking on the Data in Cannabis panel at the Elevate Startup Technology Conference this afternoon and will be hosting a Facebook Live Q&A from the event today, September 20, 2016, at 2:00pm EDT on MassRoots’ Facebook Page.

About MassRoots

MassRoots is one of the largest and most active technology platforms for cannabis consumers, businesses and activists with over 900,000 registered 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 Fox Business, CNBC, Fortune, Denver Post, and The Financial Times. For more information, please visit MassRoots.com/Investors.

Original Source

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Potential investors in MassRoots, Inc. (OTCMKTS:MSRT) should be looking at the current and historical short data in order to get a glimpse of where the market believes the stock might be headed.  According to the most recent information, there are 48400 total short interest.  Given the stock’s average daily volume of 183287, this results in 0.1 days to cover.  In looking at the total shares short in respect to the total outstanding share total of 51000000, yields a 0.00095% of total shares that are short.  Compared to last month, this is a -53.77 change in total short interest.

When investors engage in short selling or “shorting a stock”, they actually borrow shares from an existing owner, sell the borrowed shares at market price, and take the cash.  The short sellers then promise to replace the stock in the future and makes dividend payments out of their own pockets to cover the dividend income that is no longer exists on the original, now borrowed and sold, shares.

They hope that the stock price will fall or that the company will fail and go bankrupt, leading the equity holders to ruin.  The short sellers will then buy the stock back at a much lower price and replace the borrowed shares, pocketing the difference.

Shorting a stock can be very risky if the price doesn’t decline like planned and, in fact, increases.  It’s important for any investor to understand the dangers and potentially catastrophic financial losses of short selling.

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MassRoots, Inc. (OTCMKTS:MSRT) shares closed the most recent session at $0.5, moving from the previous open of $-0.02.  This is compared to the stock’s 52-week high of 1.96 and 52-week low of 0.48.  Is now the right time to take stake in the 25500000 market cap company?

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Disclaimer: The views, opinions, and information expressed in this article are those of the authors and do not necessarily reflect the official policy or position of any company stakeholders, financial professionals, or analysts. Examples of analysis performed within this article are only examples. They should not be utilized to make stock portfolio or financial decisions as they are based only on limited and open source information. Assumptions made within the analysis are not reflective of the position of any analysts or financial professionals.

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