WM Technology

WM Technology, Inc. engages in the operation of a listings marketplace with SaaS subscription offerings sold to retailers and brands in the U.S. state-legal and Canadian cannabis markets. It also provides information on the cannabis plant and the industry and advocates for legalization. The company was founded by Douglas Francis and Justin Hartfield in 2008 and is headquartered in Irvine, CA.

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WM Technology (MAPS) reports mixed Q2 results, focuses on growth

WM Technology (MAPS) delivered mixed financial results in Q2 2024 with revenue decline but positive cash flow and adjusted EBITDA performance.
The company faces challenges in revenue generation and client retention but maintains financial stability with a debt-free status and strong cash reserves.
Opportunities lie in implementing growth strategies, enhancing customer relationships, and exploring new revenue streams to drive future performance.
Strategic initiatives and market expansion efforts will be crucial for WM Technology (MAPS) to navigate challenges and capitalize on growth opportunities.

WM Technology (MAPS) reports robust Q3 earnings amidst regulatory challenges

WM Technology (MAPS) delivered strong financial performance in Q3 2024, exceeding revenue guidance and maintaining a healthy cash position.
While facing challenges such as regulatory uncertainties and customer retention, the company's strategic vision and financial discipline position it well for future growth.
Opportunities for expansion through product innovation and market diversification highlight potential avenues for sustained success in the dynamic cannabis industry.

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WM Technology, Inc. operates as an online cannabis marketplace. Its products include Weedmaps and Weedmaps for Business. It provides cannabis consumers with information regarding cannabis retailers and brands. The company was founded by Douglas Francis and Justin Hartfield in 2008 and is headquartered in Irvine, CA.

Leafly Holdings

Marijuana stocks are still showing a slight increase in momentum. This is largely due to speculation about the future of cannabis. Right now investors are looking to take advantage of any rise or decline in the sector. With the level of volatile trading there most cannabis stocks trade with an unpredictable pattern. Often times this is where much of the buying and selling goes on. For example, when there is a decline it is time when people would look for the top marijuana stocks to buy.

Top Marijuana Stocks For Cannabis Investors

The cannabis industry and top marijuana stocks are witnessing a remarkable growth spurt, with its global market value hitting an impressive $20 billion in 2023. This marks a substantial 30% increase from the previous year, underscoring the growing legalization and acceptance of cannabis products. Amidst this expansion, ancillary marijuana stocks are coming into the spotlight. These stocks represent companies that back the cannabis sector, offering online platforms and technological solutions, yet they steer clear of direct cultivation or distribution.

Best Ancillary Cannabis Stocks in 2024

Opera Ltd - ADR

Riot Blockchain

After a brutal 2022, tech stocks have shown signs of life in 2023 as the tech giants roared back. However, many promising yet speculative tech stocks remain unloved.

3 Tech Stocks Set to Deliver Triple-Digit Gains in 2024

Altria

Constellation Brands

2024 will be a year that will start with great challenges. But in addition to starting with great challenges, it will also present very good opportunities.

Why These 3 Cannabis Stocks Should Be on Your Radar in 2024

WM Technology has fallen a lot despite a solid Q3 report. MAPS stock has considerable potential upside. The profitability and the lack of debt suggest that the stock has less downside than other cannabis stocks.

WM Technology Is Now A Strong Buy (Rating Upgrade)

Green Thumb Industries Inc.

Innovative Industrial Properties

NewLake Capital Partners, Inc.

Turning Point Brands

Given that cannabis legalization is considered a growth trend, you may assume that there are few (if any) undervalued cannabis stocks. However, whether we're talking about undervalued in the traditional sense of the term, or undervalued using other metrics, there are plenty of names in the space that fit within this category.

The 7 Most Undervalued Cannabis Stocks to Buy in December

In the rapidly evolving landscape of the cannabis industry, December 2023 has been marked by a significant upsurge in the performance of top marijuana stocks. This surge is underpinned by staggering statistics that highlight the industry's robust growth both in the United States and globally. The legal cannabis market in the U.S. alone is projected to exceed $30 billion by the end of 2023, representing a year-over-year growth of approximately 30%, according to recent market analyses. Globally, the industry is following a similar trajectory, with forecasts suggesting a market valuation of over $90 billion by 2025. This exponential growth is driven by increasing legalization, the widening acceptance of cannabis for both medical and recreational use, and the innovative expansion of product offerings.

Ancillary Marijuana Stocks to Keep an Eye On Mid December

IM Cannabis Corp

Even with the amount of progress the cannabis industry has seen investing in legal cannabis comes with big risks. As many know cannabis is now legal in more than 30 states in the US. This emerging industry has consistently generated over a billion in revenue. Not to mention it has employed many people who are looking for work. There seem to be more positives than negatives regarding legal cannabis so why is investing so risky?

The Best Marijuana Stocks For You To Watch Today

Ancillary companies that offer crucial internet services and solutions are a key component of the cannabis industry's success as it grows. These supplementary marijuana stocks are starting to have a more significant impact on how the cannabis sector is portrayed online. These businesses are positioned for major prospects in the near and long term, as the cannabis sector is expected to grow exponentially in the upcoming years.

Digital Trailblazers: Top Ancillary Cannabis Stocks Shaping the Online Landscape in 2023

After losing some value lately, a hammer chart pattern has been formed for WM Technology, Inc. (MAPS), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisions, could lead to a trend reversal for the stock in the near term.

Bears are Losing Control Over WM Technology, Inc. (MAPS), Here's Why It's a 'Buy' Now

WM Technology, Inc. (NASDAQ:MAPS ) Q3 2023 Earnings Conference Call November 8, 2023 5:00 PM ET Company Participants Brian Camire - General Counsel Doug Francis - Executive Chair Mary Hoitt - Interim Chief Financial Officer Conference Call Participants Operator Good afternoon, everyone, and welcome to WM Technology Inc.'s Third Quarter 2023 Earnings Conference Call. I would now like to turn the call over to your host Brian Camire, General Counsel.

WM Technology, Inc. (MAPS) Q3 2023 Earnings Call Transcript

IRVINE, Calif.--(BUSINESS WIRE)---- $MAPS #weedmaps--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 third quarter ended September 30, 2023. "We are pleased with our third quarter results as they reflect our commitment to operational efficiency in what continues to be constrained end markets," said Doug Francis, Executive Chair of WM Technology. "I am proud of our.

WM Technology, Inc. Reports Third Quarter 2023 Financial Results

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Cannabis stocks are well off past peaks. But that doesn't mean it's a dead – or dying – industry.

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Greenlane Holdings

When it comes to the cannabis industry rules regulations and legislation are the framework of the sector. In 2023 there has been a continued effort to establish better laws that are more in favor of the sector.

Cannabis Industry News For Marijuana Stock Investors

IRVINE, Calif.--(BUSINESS WIRE)---- $MAPS--WM Technology, Inc. (“WM Technology” or the “Company”) (Nasdaq: MAPS), the leading marketplace and technology solutions provider to the cannabis industry, today announced it will report financial results for its third quarter ended September 30, 2023 after market close on Wednesday, November 8, 2023. Management will host a webcast to discuss the Company's financial results at 2:00 p.m. Pacific Time (or 5:00 p.m. Eastern Time) on the same day. A replay of the Q3.

WM Technology, Inc. Announces Third Quarter 2023 Financial Results Webcast

Philip Morris

The cannabis business sector is undoubtedly a sector with great growth potential. As technology and its application in health advances, more and more discoveries happen within this potential sector, with incredible results that encourage consumption and demonstrate all its benefits.

The 3 Most Undervalued Cannabis Stocks to Buy: October 2023

In the past six months, several marijuana stocks have emerged as top performers in the rapidly evolving cannabis industry. Companies like Canopy Growth Corporation (CGC), Curaleaf Holdings (CURLF), and Tilray, Inc. (TLRY) have seen remarkable growth, driven by various factors such as increasing legalization, growing consumer acceptance, and promising forecasts for the cannabis sector. The cannabis industry has been experiencing a surge in demand as more states and countries legalize marijuana for medical and recreational use. This expanding market is attracting both investors and traders, making it a fertile ground for those looking to capitalize on the industry's growth potential.

Top 3 Performing Marijuana Stocks In the Last Six Months

Marijuana stock investors are focusing on the future all while taking advantage of any short-term gains. Most people know that cannabis stocks exist in a volatile space. What this means is things can change without warning. So for example as quick as things can rise is as fast as they can fall. For some time much of the sector has been on a decline and has not seen many green days.

3 Marijuana Tech Stocks To Follow This Week

GrowGeneration Corp

As October 2023 begins, the cannabis market and marijuana stocks in the US are changing at a previously unheard-of rate. The cannabis sector continues to demonstrate tremendous growth potential as legalization spreads to more states. Investors looking for possibilities in this market are closely monitoring ancillary cannabis stocks or companies that support the cannabis industry by offering necessary services and goods without actually handling the plant. These supporting companies are crucial to the success of the industry as a whole and are well-placed tactically to profit from its expansion.

Ancillary Cannabis Stocks on the Rise: Keep an Eye on These

High Tide

The cannabis sector is still seeing a decline in trading. For some time most marijuana stocks have been hit with a large amount of volatility. Much of this comes from fear and doubt about what the future holds for marijuana stock investors. Yet there is much to consider when investing in cannabis stocks heading into the future. For starters, some do not follow what companies are better than others or may hold more value to invest in.

The Best 3 Marijuana Stocks To Follow Today In The Stock Market

MAPS is up year-to-date and up a lot since I wrote about it in early May, but it could go higher. The company has no debt and some cash, and its outlook has improved. I see ancillary companies, like MAPS, as poised to do better than MSOs if 280E does not vanish.

WM Technology Is A Good Cannabis Stock

A new frontier is emerging in the dynamic world of cannabis and top marijuana stocks, where legal environments are altering, and social views are evolving – the internet domain. Cannabis, formerly relegated to the shadows, is now ready to thrive on the internet, and a select group of cannabis-related corporations is leading the way. These forward-thinking companies are not involved in producing or directly selling cannabis products but rather in providing the infrastructure and services that allow the cannabis sector to thrive online. In this piece, we will delve into this dynamic scene and shine a light on the best ancillary cannabis stocks that are not only assisting the industry's digital revolution but are also setting themselves up for exponential development in a thriving market.

Emerging Trends: Top Ancillary Cannabis Stocks for the Future

According to some projections, the cannabis industry in the United States will reach more than $30 billion in legal sales by 2023. While federal legalization is still a long way off, more than two-thirds of states have legalized cannabis in some form. This state-level legalization has resulted in tremendous growth in ancillary companies that serve the cannabis sector without directly handling the plant.

Budding Opportunities: Ancillary Cannabis Stocks Ready to Bloom

Canopy Growth

SNDL Inc.

Marijuana stock investors are consistently on watch for a rise in trading. The cannabis sector is an area of the stock market with more volatile trading than others. What this means is that without warning the way a stock trades can change. Now this can be both positive and negative depending on who you are and how you feel about the legal cannabis market. Like any other stock, you want to find the lowest price point to take up a position.

Top Marijuana Stocks To Watch Right Now 2023

Flora Growth Corp

Neptune Wellness Solutions Inc.

Welcome to the intriguing world of marijuana stocks, where we will look at the top prospects for the next week in August 2023. These emerging opportunities in the cannabis sector have caught the interest of investors looking for potential profits. By harnessing the power of technical indicators, astute traders can navigate the volatility of these stocks and uncover promising short-term trading possibilities.

News for WM Technology Stock (MAPS)