MassRoots Becomes the Biggest Hit in the Marijuana Business

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Just two years after two friends cooked up the idea while they shared a joint,MassRoots, a social network for cannabis users, is now being publicly traded as a penny stock. The company’s public offering follows 22-year-old co-founders Isaac Dietrich and Tyler Knight’s successful battle with Apple’s App Store to get their free app on smartphones in the 23 states where marijuana is legal.

MassRoots, headquartered in Denver, bills itself as the Instagram for cannabis users, by cannabis users. Its app allows its 275,000 semi-anonymous users to post pictures of themselves smoking marijuana without the potential repercussions of doing so on conventional social sites.

Read the rest of the article:

http://www.inc.com/will-yakowicz/cannabis-social-media-app-massroots-goes-public.html

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Published by NCV Newswire
NCV Newswire
The NCV Newswire by New Cannabis Ventures aims to curate high quality content and information about leading cannabis companies to help our readers filter out the noise and to stay on top of the most important cannabis business news. The NCV Newswire is hand-curated by an editor and not automated in anyway. Have a confidential news tip? Get in touch.

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