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
WM Technology Plummets 11% as Cannabis Marketing Platform Struggles
MAPS shares hit new lows amid sector-wide pressures, trading at massive discount to revenue despite strong fundamentals.
MAPS Stock Plunges 11% as Weedmaps Hits New 52-Week Low
WM Technology shares tumbled to $0.39 on heavy volume, extending year-to-date losses amid ongoing challenges in the cannabis tech sector.
WM Technology Stock Faces Pressure Amid Cannabis Market Consolidation
MAPS shares decline as cannabis tech platform navigates regulatory headwinds and increased competition in digital marketplace sector.
Weedmaps Stock Slides Despite Strong Q3 Earnings Beat
MAPS shares drop 8% post-earnings as investors focus on guidance concerns over solid revenue growth and profitability metrics in latest quarter.
Weedmaps (MAPS) Plummets 11% as Cannabis Tech Faces Pressure
WM Technology shares hit $0.39 amid heavy volume of 2.76M shares, extending year-long decline for the cannabis advertising platform.
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