Streetbeat News

MAPS

WM Technology, Inc.

https://www.weedmaps.com

Industry

Software - Application

WM Technology, Inc. provides ecommerce and compliance software solutions to retailers and brands in cannabis market in the United States, Canada, and internationally. The company offers Weedmaps marketplace that allows cannabis users to search for and browse cannabis products from retailers and brands, and reserve products from local retailers; and information on the cannabis plant, and the industry and advocate related services for legalization. It also provides WM Business suite of monthly subscription-based software solutions, including WM Orders, WM Dispatch, WM Store, WM Dashboard, integrations, and API platform, as well as access to its WM Retail and WM Exchange products. In addition, the company offers advertising solutions; Sprout, a customer relationship management solution; and Cannveya, a delivery and logistics software solution. WM Technology, Inc. was founded in 2008 and is headquartered in Irvine, California.

Open

0.75

Mkt cap

75M

Volume

430K

High

0.81

P/E Ratio

-9.62

52-wk high

1.47

Low

0.75

Div yield

N/A

52-wk low

0.69

On July 28, 2023, several cannabis stocks experienced significant price changes. Notable gainers include EVIO, Earth Science Tech, Target Group, Leef Brands, Canopy Gwth, and SLANG Worldwide, among others. On the other hand, Chalice Brands, GrowLife, Maple Leaf Green World, Hemp, and Malachite Innovations were among the biggest losers.

Portfolio Pulse from Benzinga Insights

July 28, 2023 | 9:30 pm

Senate Majority Leader Chuck Schumer has stated that progress is being made on the Secure and Fair Enforcement (SAFE) Banking Act, a bill that would protect banks and credit unions from federal penalties for working with state-licensed cannabis businesses. The bill has faced delays due to disagreements over certain sections, but Schumer remains confident that it will pass. The American Trade Association for Cannabis and Hemp, along with other trade groups, have urged for the bill to be passed without further delay.

Portfolio Pulse from Happy Mohamed

July 28, 2023 | 3:06 pm

In Wednesday's after-market session, several information technology stocks saw significant movement. Infobird Co, Mobilicom, Pagaya Techs, Aurora Mobile, SatixFy Communications, and Sonim Technologies were among the gainers, with increases ranging from 3.96% to 7.0%. On the other hand, Impinj, MaxLinear, Silicon Motion Technology, Sigma Additive Solutions, BIO-key Intl, and WM Tech experienced declines, with decreases ranging from 5.0% to 16.8%.

Portfolio Pulse from Benzinga Insights

July 26, 2023 | 9:32 pm

On July 26, 2023, several cannabis stocks experienced significant price changes. Notable gainers include Choom Holdings (OTC:CHOOF), Radient Technologies (OTC:RDDTF), and CLS Holdings USA (OTC:CLSH), with increases of 800.00%, 46.43%, and 46.15% respectively. On the other hand, CBD Of Denver (OTC:CBDD), Stem Holdings (OTC:STMH), and Entourage Health (OTC:ETRGF) were among the biggest losers, with decreases of 25.00%, 24.40%, and 24.08% respectively.

Portfolio Pulse from Benzinga Insights

July 26, 2023 | 9:30 pm

NBA star Kevin Durant has successfully advocated for the removal of marijuana from the NBA's banned substance list. Durant, a cannabis advocate and entrepreneur, has been publicly advocating for cannabis over the last several years. His company, Thirty Five Ventures, partnered with cannabis tech platform Weedmaps (NASDAQ:MAPS) in 2021 to help deconstruct negative stereotypes associated with cannabis. Durant also has investments in Coinbase Global Inc, Postmates, and OpenSea.

Portfolio Pulse from Nina Zdinjak

July 26, 2023 | 3:52 pm

The article lists the cannabis stocks that gained and lost on July 25, 2023. Notable gainers include EVIO, MGC Pharmaceuticals, CBD Of Denver, Allied, and Blueberries Medical. Significant losers include Choom Holdings, 1933 Industries, GrowLife, Item 9 Labs, and Flora Growth.

Portfolio Pulse from Benzinga Insights

July 25, 2023 | 9:30 pm

The article lists the cannabis stocks that gained and lost on July 24, 2023. Some of the gainers include Chalice Brands, Maple Leaf Green World, and InMed Pharmaceuticals. On the other hand, some of the losers include Choom Holdings, Tetra Bio Pharma, and 22nd Century Group.

Portfolio Pulse from Benzinga Insights

July 24, 2023 | 9:30 pm

WM Technology has announced the appointment of Mary Hoitt as Interim CFO on July 16.

Portfolio Pulse from Charles Gross

July 20, 2023 | 8:55 pm

The bipartisan marijuana banking bill, the Secure and Fair Enforcement (SAFE) Banking Act, will not be addressed during the summer session as previously hoped. The delay is due to disagreements over one section of the bill concerning broader banking regulations. The bill aims to protect banks and credit unions from being penalized by federal regulators for working with state-licensed cannabis businesses.

Portfolio Pulse from Happy Mohamed

July 20, 2023 | 5:49 pm

On July 19, 2023, several cannabis stocks experienced significant price movements. Notable gainers include Target Group (OTC:CBDY), Hemp (OTC:HEMP), and GrowLife (OTC:PHOT), with shares closing up 220.00%, 100.00%, and 54.64% respectively. On the other hand, Earth Science Tech (OTC:ETST), Stem Holdings (OTC:STMH), and Conservative Broadcast (OTC:CBMJ) were among the biggest losers, with shares closing down 52.17%, 28.57%, and 18.64% respectively.

Portfolio Pulse from Benzinga Insights

July 19, 2023 | 9:30 pm

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