MassRoots
OverviewSuggest Edit
MassRoots is a company that operates a social network for the medical cannabis community. It offers the MassRoots app that enables users to find smoking buddies, share their cannabis experiences with like-minded friends, and stay connected with local dispensaries.
| Type | Public | |
| Founded | 2013 | |
| HQ | Denver, CO, US | Map |
| Website | massroots.com | |
| Employee Ratings | More | |
| Overall Culture | B- | More |
Key People/Management at MassRoots
Isaac Dietrich
CEO, Chairman
John Dill
Content Director
Marcel Lam
Director of Sales Operations
MassRoots Office Locations
MassRoots has an office in Denver
Denver, CO, US (HQ)
2420 17th St #3118
MassRoots Financials and Metrics
MassRoots Revenue
MassRoots's revenue was reported to be $23.70 k in FY, 2019
| USD | |
|---|---|
Revenue (Q3, 2020) | 2.3k |
Net income (Q3, 2020) | 64.7m |
EBIT (Q3, 2020) | (205.9k) |
Market capitalization (22-Jan-2021) | 14.8m |
Closing stock price (22-Jan-2021) | 0.0 |
Cash (30-Sept-2020) | 650.0 |
EV | 22.5m |
MassRoots's current market capitalization is $14.8 m.
Annual
Annual
Quarterly
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 2.2m | 31.2k | 267.3k | 674.8k | 15.9k | 11.2k | 485.0 | 1.7k | 2.6k | 850.0 | 650.0 | 650.0 |
Accounts Receivable | 583.0 | 85.0 | 167.0 | |||||||||
Prepaid Expenses | 10.4k | 551.5k | 116.4k | 23.6k | 27.2k | 25.3k | 16.3k | |||||
Current Assets | 2.2m | 31.2k | 277.8k | 1.2m | 132.4k | 34.8k | 50.8k | 27.0k | 19.1k | 850.0 | 650.0 | 650.0 |
Annual
Quarterly
| USD | Q1, 2017 | Q3, 2017 | Q2, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | (7.4m) | (26.2m) | (19.1m) | (5.5m) | (8.4m) | (12.9m) | (1.5m) | (2.9m) | (26.3m) | (32.0m) | (112.1m) | (47.4m) |
Depreciation and Amortization | 5.8k | 21.3k | (11.9k) | 105.8k | 222.5k | 335.7k | 14.0k | 28.2k | 42.1k | |||
Accounts Payable | 503.9k | 49.0k | 62.7k | 94.2k | ||||||||
Cash From Operating Activities | (2.5m) | (7.2m) | (5.2m) | (3.5m) | (4.4m) | (5.7m) | (286.6k) | (832.7k) | (1.4m) | (109.4k) | (492.5k) | (717.1k) |
| USD | FY, 2016 |
|---|---|
Debt/Equity | -1.2 x |
Debt/Assets | 1.8 x |
Financial Leverage | -0.7 x |
MassRoots Operating Metrics
MassRoots's Users was reported to be 1 m in Dec, 2018. MassRoots's Enterprise Customers was reported to be 100 in Feb, 2019.
MassRoots Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| COWA Science | February 13, 2019 | |
| WeedPass | December 07, 2018 | |
| Odava, Inc. | July 06, 2017 | |
| CannaBuild | December 19, 2016 | |
| Whaxy | December 15, 2016 | |
| DDDigital LLC | ||
| MassRoots Blockchain Technologies, Inc. | ||
| MassRoots Supply Chain, Inc |
MassRoots Cybersecurity Score
Competitors
MassRoots Online and Social Media Presence
169.03k Twitter followers
MassRoots has 169.03k Twitter Followers. The number of followers has decreased 0.6% month over month and decreased 0.9% quarter over quarter
MassRoots's Trends
Twitter Engagement Stats for @MassRoots
17.1k
Tweets
15.5k
Following
169k
Followers
16
Tweets last 30 days
17.7
Avg. likes per Tweet
93.8%
Tweets with engagement
MassRoots Company Culture
Overall Culture
B-
78/100
CEO Rating
D
63/100
Compensation
A-
87/100
MassRoots Blogs
August 19, 2020
Marijuana Legalization on the Ballot in Arizona
Arizona voters will have a chance to cast a ballot in support of recreational marijuana […]
The post Marijuana Legalization on the Ballot in Arizona appeared first on MassRoots.
August 17, 2020
The Evolution of Kamala Harris’ Views On Marijuana
On Tuesday, presumptive Democratic presidential nominee Joe Biden announced he was selecting Kamala Harris (D-CA) […]
The post The Evolution of Kamala Harris’ Views On Marijuana appeared first on MassRoots.
August 12, 2020
Veteran Derek Harris Freed After Receiving Life Sentence for $30 of Marijuana
After spending nearly a decade behind bars for selling a small amount of marijuana, Derek […]
The post Veteran Derek Harris Freed After Receiving Life Sentence for $30 of Marijuana appeared first on MassRoots.
August 10, 2020
Study: Marijuana Use Trends In The United States
Marijuana use in the States has been steadily on the rise for over a decade. […]
The post Study: Marijuana Use Trends In The United States appeared first on MassRoots.
August 07, 2020
Vermont On The Precipice Of Legalizing Marijuana Sales
Marijuana may be legal in Vermont, but there are no dispensaries slinging pre-rolls and dab […]
The post Vermont On The Precipice Of Legalizing Marijuana Sales appeared first on MassRoots.
August 06, 2020
Disabled Black Veteran Faces Five Years In Prison For Medical Marijuana
Sean Worsley served his country in war-ravaged Iraq by clearing roadside explosives. He returned home […]
The post Disabled Black Veteran Faces Five Years In Prison For Medical Marijuana appeared first on MassRoots.
MassRoots Frequently Asked Questions
When was MassRoots founded?
MassRoots was founded in 2013.
Who are MassRoots key executives?
MassRoots's key executives are Isaac Dietrich, John Dill and Marcel Lam.
How many employees does MassRoots have?
MassRoots has 8 employees.
What is MassRoots revenue?
Latest MassRoots annual revenue is $23.7 k.
What is MassRoots revenue per employee?
Latest MassRoots revenue per employee is $3 k.
Who are MassRoots competitors?
Competitors of MassRoots include Twitter, Geneva and hoplr.
Where is MassRoots headquarters?
MassRoots headquarters is located at 2420 17th St #3118, Denver.
Where are MassRoots offices?
MassRoots has an office in Denver.
How many offices does MassRoots have?
MassRoots has 1 office.
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