Weedmaps Archives

StaffDecember 6, 2022

The Daily Hit is a recap of cannabis business news for Dec. 6, 2022. ON THE SITE Weedmaps Lays Off 25% of Staff The parent company of online cannabis marketing giant Weedmaps.com laid off a quarter of its staff, or 175 employees, as part of a cost-savings move, the company reported in a filing with the U.S. […]

John SchroyerDecember 6, 2022

The company cut 10% of its staff earlier this year.

John SchroyerNovember 15, 2022

Wave of business failures is on the way if the debt bubble explodes.

John SchroyerNovember 7, 2022

WM Technology lost $10.5 million in 3Q this year - a drastic downturn from a year ago.

Jenel Stelton-HoltmeierSeptember 2, 2022

Cannabis companies accounted for 62% of the gains made in retail unionization between 2019 and 2021.

StaffAugust 9, 2022

The Daily Hit is a recap of cannabis business news for August 9, 2022. ON THE SITE Cronos Makes Gains in The Second Quarter Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) reported its 2022 second-quarter earnings with net revenue of $23.1 million which jumped from last year’s $7.4 million for the same time period. However, […]

Debra BorchardtAugust 9, 2022

WM Technology, Inc. (Nasdaq: MAPS) announced its financial results for the second quarter ending June 30, 2022. WeedMaps reported that its revenue increased 24% to $58.3 million over the second quarter of 2021. This slightly missed the Yahoo Finance average analyst estimate for revenues of $62 million. Net income was $19.8 million as compared to […]

Debra BorchardtAugust 8, 2022

Cantor Fitzgerald analyst Pablo Zuanic thinks Weedmaps or WM Technology Inc. (NASDAQ MAPS) could use a little more disclosure when it comes to talking about its statistics. While the analyst maintains his Overweight rating on the cannabis platform company, he also lowered his target price from $11.30 to $10.50. The stock was lately trading at […]

StaffMay 4, 2022

The Daily Hit is a recap of the top cannabis business stories for May 4, 2022. ON THE SITE TOP FIVE CANNABIS FRANCHISES It isn’t McDonald’s (NYSE: MCD), but cannabis franchising is a very real part of the industry. Using data from Cannabiz Media, Green Market Report took a look at the top franchising leaders […]

StaffMay 4, 2022

WM Technology, Inc. (Nasdaq: MAPS) announced its financial results for the first quarter ended March 31, 2022, with revenue increasing to $57.5 million, up 40% from the first quarter of 2021. This beat the Yahoo Finance estimate for revenues of $55.25 million. The net loss was $(31.2) million as compared to a net income of […]

Lykos Therapeutics Secures $100M in Series A Funding, Rebrands from MAPS PBC

Functional Mushrooms Move Into Mainstream as Wellness Trend Grows

In other news

The Daily Hit: January 4, 2024

Connecticut Attorney General Tells Unlicensed Cannabis Events Company to Stop

Testing Concerns Lead to Quarantine for 70% of Mississippi MMJ Goods

Tag: Weedmaps

The Daily Hit: December 6, 2022

Weedmaps Lays Off 25% of Staff

California Cannabis Debt Bubble on Verge of Bursting

Weedmaps CEO Steps Down as Losses Mount

Cannabis Companies Drive Growth In Retail Union Organizing

The Daily Hit: August 9, 2022

Weedmaps Beats on Earnings, But Gives Cautious Outlook

Analyst Thinks Weedmaps Should Spill the T

The Daily Hit: May 4, 2022

Weedmaps Beats Estimates For First Quarter Revenue

The Daily Hit - TEST TEST TEST

Lykos Therapeutics Secures $100M in Series A Funding, Rebrands from MAPS PBC

Functional Mushrooms Move Into Mainstream as Wellness Trend Grows

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