WM Technology (Weedmaps) (MAPS) is an ancillary cannabis company trading on the NASDAQ. The stock is currently priced at $0.30 with a market capitalization of $32.4M and trailing twelve-month revenue of $171.2M. View SEC filings ↗
Market Cap
$32.4M
Volume
58.3K
Prev Close
$0.30
52W High
$1.21
52W Low
$0.28
P/S Ratio
0.19
Shares Out
107.9M
Revenue
$171.2M
Gross Margin
N/A
Cash
$60.5M
MAPS Price Chart
Latest Quarterly Results
In Q2 2026, WM Technology (Weedmaps) reported revenue of $42.4M, down 5.4% from Q2 2025. Net income was $2.0M. The company ended the quarter with $60.5M in cash.
| MAPS | Q2 2026 | YoY |
|---|---|---|
| Revenue | $42.4M | -5.4% |
| Gross margin | — | — |
| Net income | $2.0M | +41.8% |
| Operating cash flow | $8.2M | -25.8% |
| Cash & equivalents | $60.5M | +2.6% |
| Total debt | — | — |
Source: SEC filings, in USD; quarters are calendar quarters of the period end. Latest filing: 10-Q, filed Aug 6, 2026 ↗. Next report expected around Nov 10, 2026 (estimate).
Trading Data
Valuation Metrics
Financial Highlights
View Full FinancialsQuarterly Revenue
Reported quarterly revenue (SEC filings)
TTM: $171.2M
MAPS Key Takeaways
- WM Technology (Weedmaps) (MAPS) trades at $0.30 with a market cap of $32.4M, ranking #36 among 71 cannabis stocks.
- Trailing twelve-month revenue is $171.2M, declining -6.77% year-over-year.
- Balance sheet shows $60.5M in cash and equivalents; total debt is not reported in our data.
- Price-to-Sales ratio of 0.19x — below sector median, potentially undervalued.
- Ranked #4 by market cap in the Ancillary sector. Trades on the NASDAQ exchange.
MAPS Stock Analysis
WM Technology (Weedmaps) (MAPS) is an ancillary cannabis company listed on the NASDAQ exchange, headquartered in the United States. With a current share price of $0.30 and a market capitalization of $32.4M, MAPS ranks #36 out of 71 publicly traded cannabis stocks tracked on Cannabismarketcap.
From a fundamental perspective, WM Technology (Weedmaps) reports trailing twelve-month revenue of $171.2M, representing a decline of -6.77% year-over-year. At a price-to-sales multiple of 0.19x, the stock appears attractively valued relative to its revenue base.
The company reports $60.5M in cash and equivalents; total debt is not reported in our data. Investors looking for a deeper dive can explore MAPS's full financial statements including quarterly breakdowns and balance sheet history.
MAPS currently trades within a 52-week range of $0.28 to $1.21. Average daily trading volume stands at 58.3K shares. The company employs approximately 457 people.
Corporate Information
Share Structure
MAPS Price History
Investment Snapshot
Programmatic analysis based on available financial data. Not investment advice.
Ranked #36 of 71 by market cap ($32.4M). Sector median: $32.4M.
Cash: $60.5M (debt not reported).
Revenue growth at -6.8% YoY. Sector median: +1.6%.
P/S ratio of 0.19x vs sector median of 0.72x. Potentially undervalued.
Cannabis Industry Context
Cannabis Industry Overview
Ancillary cannabis companies — often described as the picks-and-shovels plays of the industry — provide products and services to the cannabis supply chain without directly touching the plant. This model carries meaningfully lower regulatory risk because ancillary businesses are not subject to the same licensing requirements, 280E tax penalties, or banking restrictions that encumber plant-touching operators. The ancillary segment spans a wide range of verticals including cultivation technology (LED lighting, HVAC, nutrients), extraction and processing equipment, packaging and compliance solutions, seed-to-sale tracking software, point-of-sale systems, and professional services such as legal, accounting, and consulting. As the cannabis industry matures, ancillary companies benefit from growing total addressable markets in every newly legalized jurisdiction. Many of these businesses also serve adjacent markets in agriculture, food processing, or enterprise software, which diversifies their revenue base and reduces dependence on cannabis-specific demand cycles. Investors often favor ancillary names for their comparatively cleaner financial profiles, conventional banking access, and eligibility for major exchange listings.
WM Technology (Weedmaps) in the Ancillary Landscape
WM Technology (Weedmaps) (MAPS) currently ranks #4 out of 5 publicly traded ancillary companies by market capitalization, with a market cap of $32.4M. The company reports trailing-twelve-month revenue of $171.2M, placing it below the sector median of $339.2M. The ancillary sector comprises 5 tracked companies, reflecting the focused competitive landscape within this segment of the cannabis industry.
The top companies in the ancillary sector by market capitalization are Scotts Miracle-Gro (SMG) at $3.16B, Turning Point Brands (TPB) at $1.18B, and GrowGeneration (GRWG) at $87.8M. WM Technology (Weedmaps) competes within this group for market share, investor attention, and operational scale as the sector continues to mature.
Key Metrics at a Glance
Regulatory & Risk Considerations
All cannabis investors should be aware that federal legalization status in the United States remains uncertain. While cannabis is legal for medical use in the majority of US states and for adult use in a growing number of jurisdictions, it remains classified as a Schedule I controlled substance at the federal level. This creates material legal, financial, and operational risks across the industry. Ancillary companies like WM Technology (Weedmaps) generally face lower direct regulatory risk because they do not handle the cannabis plant itself. This distinction allows ancillary businesses to access conventional banking services, list on major exchanges, and avoid the 280E tax penalty that burdens plant-touching operators. However, ancillary companies remain exposed to the overall health of the cannabis industry — a major regulatory setback or prolonged downturn in cannabis operator spending would flow through to ancillary revenue.
Some ancillary businesses that provide services closely tied to cannabis operations — such as compliance software, testing laboratories, or cultivation consulting — may face state-specific licensing or registration requirements. Companies serving both cannabis and non-cannabis markets benefit from revenue diversification that mitigates cannabis-specific regulatory risk, though investors should assess the degree to which each company's growth trajectory depends on continued cannabis market expansion.
Compare MAPS With Peers
Related Ancillary Stocks
Frequently Asked Questions
What is WM Technology (Weedmaps)'s (MAPS) stock price today?▼
WM Technology (Weedmaps) (MAPS) stock is currently trading at $0.30 per share on the NASDAQ exchange. This represents a daily gain of +1.17% ($0.0035) from the previous closing price of $0.30. Over the past 52 weeks, MAPS has traded between a low of $0.28 and a high of $1.21, placing the current price at approximately -75% from its annual high. The stock has a market capitalization of $32.4M, making it a notable cannabis-adjacent companies tracked by Cannabismarketcap. WM Technology (Weedmaps) operates in the Ancillary sector, classified under "SERVICES-PREPACKAGED SOFTWARE", serving the broader cannabis industry.
What is WM Technology (Weedmaps)'s market capitalization?▼
WM Technology (Weedmaps) (MAPS) has a current market capitalization of $32.4M, calculated by multiplying its 107.9M shares outstanding by the current stock price of $0.30. Market capitalization is a key measure of a company's total equity value as perceived by the public market, and it places WM Technology (Weedmaps) among the small-cap cannabis companies tracked on Cannabismarketcap. Investors often use market cap alongside revenue and profitability metrics to assess relative valuation within the cannabis sector.
What is WM Technology (Weedmaps)'s annual revenue?▼
WM Technology (Weedmaps) (MAPS) reports trailing twelve month (TTM) revenue of $171.2M, reflecting the total sales generated by the company over the most recent four quarters. Revenue has changed -6.77% year-over-year, reflecting a contraction in top-line performance relative to the prior period. The current price-to-sales ratio is 0.19x, which means investors are paying $0.19 for every $1 of annual revenue — a relatively low valuation in the context of the cannabis sector. Revenue is one of the most closely watched metrics for cannabis companies, as many are still scaling operations in a rapidly evolving regulatory environment. View the full income statement and quarterly revenue breakdown on Cannabismarketcap for detailed trend analysis.
How many employees does WM Technology (Weedmaps) have?▼
WM Technology (Weedmaps) currently employs approximately 457 people across its operations. As an ancillary cannabis company headquartered in the United States, its workforce supports activities spanning services-prepackaged software and related business functions. Based on trailing twelve month revenue of $171.2M, this equates to approximately $374.7K in revenue per employee, which is a useful efficiency metric for comparing operational productivity across cannabis companies. Employee count is an important indicator of a company's operational scale and its capacity for growth in an industry that remains highly labor-intensive due to regulatory requirements.
What exchange is MAPS listed on?▼
WM Technology (Weedmaps) trades under the ticker symbol MAPS on the NASDAQ exchange, and the stock is denominated in US dollars (USD). Shares can typically be purchased through most standard brokerage accounts. The company has been publicly listed since 2021-06-16, giving it a track record in the public markets that investors can analyze for long-term trends. The stock sees average daily trading volume of approximately 58.3K shares, which is an important consideration for liquidity and the ability to enter or exit positions without significant price impact.
What is MAPS's 52-week trading range?▼
WM Technology (Weedmaps) (MAPS) has traded between a 52-week low of $0.28 and a 52-week high of $1.21, with the current price of $0.30 sitting approximately -75% from the annual high. This range represents a spread of $0.92 (324% from low to high), which reflects the volatility the stock has experienced over the past year. The 52-week range is a commonly used technical indicator that helps investors understand whether a stock is trading near the top or bottom of its recent range, and it can inform decisions about entry and exit points. Cannabis stocks in general tend to exhibit higher volatility than broader market indices due to evolving regulations and market sentiment.
What is WM Technology (Weedmaps)'s cash position and debt level?▼
WM Technology (Weedmaps) reports $60.5M in cash and equivalents; total debt is not reported in our data. Balance sheet strength is especially important in the cannabis industry, where companies often face limited access to traditional banking and capital markets. Investors should track these metrics over time on Cannabismarketcap to identify trends in cash consumption and debt management.
How many shares outstanding does WM Technology (Weedmaps) have?▼
WM Technology (Weedmaps) (MAPS) currently has 107.9M shares outstanding, which when multiplied by the current stock price of $0.30 gives the company its market capitalization of $32.4M. Share count is important because all per-share metrics (earnings per share, book value per share, etc.) are directly impacted by changes in shares outstanding. Cannabis companies frequently issue new shares to raise capital, so monitoring dilution trends on Cannabismarketcap is recommended for long-term investors.
Embed MAPS Widget
Add the MAPS price widget to your website or blog:
<iframe src="https://cannabismarketcap.io/embed/maps" width="320" height="180" frameborder="0" style="border-radius:8px;border:1px solid #415a77"></iframe>Data updates every 2 minutes. Free for non-commercial use.
Disclaimer
The information on this page is provided for informational purposes only and does not constitute financial advice, investment recommendations, or an offer to buy or sell securities. Cannabismarketcap is not a registered broker-dealer or investment advisor. All data, including stock prices, market capitalizations, financial metrics, and analysis for WM Technology (Weedmaps) (MAPS), is provided “as is” without warranty of any kind. Past performance does not guarantee future results. Cannabis stocks are highly volatile and carry significant risk, including the potential for total loss of investment. Marijuana remains illegal under federal law in the United States. Always conduct your own due diligence and consult a qualified financial advisor before making investment decisions. Data may be delayed or inaccurate. See our terms of service and privacy policy for more information.