WM Technology (MAPS) Plunges on 'Tepid Fundamentals,' Negative Sentiment

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WM Technology, Inc. Launches Weedmaps for Business, the Fully Integrated Suite of End-to-End SaaS Solutions for Cannabis Retailers and Brands

August 10, 2022 9:00 AM EDT

IRVINE, Calif.--(BUSINESS WIRE)-- WM Technology, Inc. (WM Technology or the Company) (Nasdaq: MAPS), the leading marketplace and technology solutions provider to the cannabis industry, today announced the launch of Weedmaps for Business. Formerly WM Business, the Companys reconfiguration and renaming of its SaaS offerings better reflects the comprehensive... More

WM Technology, Inc. Reports Second Quarter 2022 Financial Results

August 9, 2022 4:10 PM EDT

Second Quarter Revenue increased to $58.3 million representing growth of 24% year-over-year

Co-Founder Douglas Francis appointed Executive Chair

IRVINE, Calif.--(BUSINESS WIRE)-- WM Technology, Inc. (WM Technology or the Company) (Nasdaq: MAPS), a leading technology and software infrastructure provider to the cannabis industry, today announced its financial results for the second quarter ended June 30, 2022.

Our second quarter results demonstrates how our strategy continues to drive growth for WM Technology as we grew our second quarter net revenue by 24% year-over-year to reach $58 million and increased Average Monthly... More