It’s All Over For Mass Roots

Ganjapreneur report

MassRoots Cannabis Social Network Goes Dark

The MassRoots cannabis social network is apparently dead after the website and related app went dark a few weeks back.

After millions of dollars in capital and several years of hype, the cannabis social media network MassRoots has reportedly gone offline for good.

First reported by competitor Cannabis.net, MassRoots.com appears to have gone dark despite being the first cannabis-focused online platform to raise millions in investor backing.

According to their report, Cannabis.net was alerted to MassRoots’ closure by a flock of user signups to WeedFeed, the company’s own social media platform, who all referenced MassRoots’ website and app going offline about three weeks ago.

Read the full report at

MassRoots Cannabis Social Network Goes Dark

 

Last tweet was March 2018

 

Bizarrely Mass Roots Stock is still in play and was actually up 3.23% today – although if you are a shareholder that won’t mean much when you look at the stock price

We’ll leave the last word to Seeking Alpha who wrote on 16 October 2019 who sum it all up succinctly

MassRoots: A Consistently Torrid Financial Performance

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Easterly Winds
Long/short equity, growth at reasonable price, long-term horizon, small-cap
MassRoots is down 92% from my last article which described the company’s business model as not sustainable.

Results for the second quarter of 2019 have done little to dispell the bearish narrative around the company.

ArcView Group, the company’s principal backer, may have cut off ties.

My coverage of MassRoots (OTCQB:MSRT) dating back as far as 2017 has been unequivocally and unapologetically negative. Since 2017, with my first article “Can MassRoots Remain A Going Concern?” I have

 

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