WM Technology (Weedmaps)
About WM Technology (Weedmaps)
WM Technology operates Weedmaps, the most widely used consumer marketplace and technology platform in the cannabis industry. Weedmaps helps consumers discover and order from nearby dispensaries and delivery services, while providing dispensaries with advertising, listing management, and e-commerce tools. The company went public via SPAC merger and trades on NASDAQ.
Key Facts
- 1Weedmaps is the most visited cannabis marketplace with millions of monthly users
- 2Went public via SPAC merger, trading on NASDAQ under ticker MAPS
- 3Generates revenue primarily from dispensary subscription and advertising fees
- 4Has been a fixture of the cannabis industry since 2008, predating most legal markets
Latest News
Weedmaps Plunges 11% as Cannabis Tech Stock Hits New Lows
WM Technology shares dropped to $0.39 amid heavy trading volume, extending the company's steep decline from 52-week highs.
Weedmaps Stock Plunges 11% as MAPS Hits New 52-Week Low
WM Technology shares dropped to $0.39 amid elevated trading volume, bringing market cap to just $42 million despite strong revenue base.
MAPS Stock Plunges 11% as WM Technology Hits Fresh Lows
WM Technology shares fell 11% to $0.39 on heavy volume, marking a 71% decline from 52-week highs as the Weedmaps operator faces mounting challenges.
WM Technology Tumbles 11% as Cannabis Tech Stock Hits New Lows
MAPS shares plunged to $0.39 amid elevated trading volume, extending the platform's decline from 52-week highs above $1.37.
Weedmaps Revenue Strategy Targets Major Growth Despite Market Headwinds
WM Technology outlines ambitious expansion plans as cannabis advertising platform seeks to capitalize on evolving regulatory landscape and market consolidation trends.
Frequently Asked Questions
How does Weedmaps make money?
Weedmaps generates revenue from dispensaries and cannabis businesses that pay for premium listings, advertising, and e-commerce features on the platform. It operates similarly to Yelp or Google Maps but specifically for cannabis businesses.
Is Weedmaps available nationwide?
Weedmaps lists dispensaries and delivery services in all US states where cannabis is legal, as well as in Canada and other international markets. Users can browse menus, compare prices, and place orders for pickup or delivery.
More Cannabis Companies in Irvine
Cannabis Laws
Products
- Weedmaps consumer marketplace and app
- WM Business dispensary management tools
- Weedmaps advertising and marketing platform
Specialties
Company Details
- Location
- Irvine, CA, United States
- Founded
- 2008
- Publicly Traded
- Yes
- Ticker
- NASDAQ:MAPS