MassRoots Inc (OTCMKTS:MSRT) is a company that provides services to cannabis activists, businesses and consumers through its technology platform. Currently, the company has about 35,000 shareholders. It was today that the business guru disclosed details regarding a recent polling on cannabis legalization.
The state of affairs
One thing that comes out quite clearly is that the major states seem to have taken one side. Most of them indicated great support for the legalization of the product. Some of these states include Michigan, North Dakota, Missouri and Utah.
A new report makes projections about the future. It is the New Frontier Data. The report shows that by 2025 much will have changed. The New Frontier Data indicates that the U.S. regulated cannabis sector showcases significant potential. The report provides an approximate figure of $25 billion. That is a significant increase considering that in 2017 it stood at $8.3 billion.
Isaac Dietrich, the current CEO of MassRoots believes in the power elections portend. According to the official, they help reshape economies, develop new markets and can as well alter the course of history.
Dietrich opined, “We believe if four additional states vote to create regulated cannabis markets in the 2018 elections, it could result in additional subscriber and revenue growth for MassRoots.”
A close outlook
Time pulls along with desirable changes. Many states continue creating as well as making expansions and that implies we might soon witness more regulated markets. The trend goes on and on and the company’s business model aligns to them.
From time to time reports come up about particular states legalization of the product. The company takes advantage of such opportunities quite fast. They step into the scene and get to register new users and business as well. The best part is that it does so at rather minimal costs.
It was also today that the business guru called upon advisors, individuals and institutional investors to watch its presentation. The company says that it is quite an easy process. It just involves logging in to its VirtualInvestorConfrences.com. From there, the user gets to understand everything regarding the shareholder materials and everything else.