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 Plunges 11% as Cannabis Ad Platform Hits New Lows
MAPS stock dropped to $0.39 amid heavy trading volume, marking continued struggles for the Weedmaps parent company in a challenging cannabis advertising market.
Weedmaps Stock Plunges 11% as MAPS Hits New 52-Week Low
WM Technology shares crashed to $0.39, breaching previous 52-week low amid heavy trading volume of 2.8 million shares.
Cannabis Tech Stocks Eye Medical Device Growth Strategies
WM Technology and cannabis tech companies study medical device expansion models as sector seeks new revenue streams beyond traditional cannabis markets.
WM Technology Faces Headwinds as Cannabis Ad Market Contracts
Weedmaps parent company navigates regulatory uncertainty and competitive pressure as digital cannabis advertising revenue declines across key markets.
WM Technology Plunges 11% as Cannabis Platform Struggles
MAPS stock fell to $0.39 on heavy volume of 2.8M shares, marking continued pressure on the Weedmaps parent company despite strong fundamentals.
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