MassRoots Inc (OTCMKTS:MSRT) a social network platform for the cannabis community disclosed that it is associating with Seed-to-sale system. It will take an equity position to partner with the system which as of now is operating under the name Flowhub. In the coming weeks, the development teams of two units will be integrating their applications and expand their services to existing users and dispensaries of the company.
The expert view
Isaac Dietrich, the CEO of MassRoots said that the seed-to sale industry us dominated by BioTrackTHC and MJ Freeway, two systems that crash and hinder grow facility and dispensary operations. By integrating with a seed-t-sale platform, the company will give users access to inventory, pricing and an order system. The job of Flowhub will be to simplify dispensaries’ operations and target advertisements to specific clients based on buying patterns and social activity.
MassRoots had more than 300 dispensaries posting on its social network. A month ago, the number of dispensaries stood around 100. It is a significant growth in a matter of just one month. The list of dispensaries includes nation’s leading dispensaries like Harborside Health Center, Good Chemistry, Denver Relief, BuddyBoyBrands, Green Solution, Native Roots, MiNDFUL and many others.
The main objective of MassRoots is to get more than 1,000 dispensaries active on its network by early summer. The company intends to expand the functionality in 3Q2015. Kyle Sherman, the CEO of Flowhub said that they are integrating the data from cannabis grow facilities, social network and POS systems on one platform. The data will enable the market participants in marijuana industry to streamline their operations.
In last trading session, the stock price of MassRoots Inc (OTCMKTS:MSRT) surged more than 13% to close the trading session at $1.55. The gains came at a share volume of 202,065 compared to the average share volume of 354,296.