MassRoots Inc (OTCMKTS:MSRT) Is The Facebook Of Cannabis

MassRoots Inc (OTCMKTS:MSRT) has emerged as the dominant player for cannabis aficionados on social media. Facebook Inc (NASDAQ:FB) and Instagram have eliminated the accounts of many cannabis-related brands as the two platforms have taken a harsh stance since marijuana is not legal on the Federal level. We feel this is a big mistake by Facebook and Instagram. Luckily for smart penny stock investors, MassRoots is the prime beneficiary.MassRoots will benefit greatly as 2016 marks the start of a new Green Rush for the marijuana industry. Roughly 14 states could legalize marijuana this year, adult-use cannabis or possibly both, either at the ballot box or through state legislatures. While it’s doubtful all those states will be successful, there’s a good chance at least a handful will legalize in 2016. No other single year has offered such incredible promise in terms of the sheer volume of states that could legalize, thanks to other pioneering marijuana markets and growing support for cannabis in general.The ArcView Group just reported that legal sales of cannabis grew to $5.4 billion in 2015, up from $4.6 billion in 2014. Demand is expected to remain strong this year and the research firm forecasts sales of $6.7 billion. Nonmedicinal adult use accounted for $998 million of the total sales in 2015, up from $351 million in 2014, according to the ArcView/New Frontier report summary.The most surprising aspect for us at Insider Financial is the fact that marijuana stocks have underperformed the major market indices. This sector is probably the fastest-growing industry in America right now and most of the public companies in the space are trading for pennies. With the potential interest coming from all walks of life, we think you’ll see bottom fishers looking for a place to invest.Pot stocks got active this month after GW Pharmaceuticals plc (NASDAQ:GWPH) reported a successful phase three clinical trial that proved its drug Epidiolex significantly reduced seizures in children with Dravet Syndrome. This news created momentum across the entire marijuana spectrum. Investors see the potential for cannabis-based drugs to replace addictive pills like Oxycodone. Many are now seeing the bigger picture with cannabis and that it’s not just for recreational use, but can also treat diseases. This will lead to more widespread acceptance and get not only Wall Street behind pot stocks, but the regulatory environment in Washington DC as well. These two factors will send pot stocks exploding up the charts.MassRoots is one of the largest and most active technology platforms for cannabis consumers, businesses and activists with over 775,000 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, MarketWatch, Cannabist and the New York Times. The company is expecting it will cross one million users shortly before 4/20/2016.The vast majority of MassRoots' engagement and growth comes from its mobile applications, the company launched a new web platform in early December to open an additional revenue and user growth stream. Alexa ratings are a public measure of a website’s popularity and are used by advertising agencies to gauge websites’ advertising value – similar to a Nielsen rating for television broadcast. During the month of January, MassRoots.com experienced its highest ever Alexa ratings 21 out of the 31 days of the month, reflecting increasing amounts of web traffic from the company's SEO strategy.MassRoots has taken the Facebook and Twitter business model and applied it to the cannabis industry. The company in the process captured the critical first-mover advantage. MassRoots has fostered a community that lets people discuss their cannabis-related experiences, learn about pot dispensaries, and keep up on developments in the state-by-state campaign to liberalize drug laws. With a market cap of $67 million and a NASDAQ listing on its radar, we think the bull run is just getting started for MSRT. We will be updating Insider Financial as soon as we know more. For continuing coverage on MSRT, sign up for our free newsletter today and get our next hot stock pick!Disclosure: We have no position in MSRT and have not been compensated for this article.