[1] As of October 2019, the company announced they would lay off approximately 25 percent of its workforce, due to the slow introduction of recreational markets in California and Massachusetts. Weedmaps is the most widely used and downloaded marijuana mobile application on the Google Play and the Apple App Store. WM Holding Company, LLC, which operates online cannabis shop directory Weedmaps, and Silver Spike Acquisition Corp. (SSPK), a publicly-traded special purpose acquisition company, said Thursday they have agreed for a business combination that would result in WM Holding becoming a public company. In 2018, Leafly committed to only listing licensed marijuana dispensaries. Weedmaps is going public December 13, 2020 FILE-In this Tuesday, Aug. 6, 2019 file photo file photo, Marijuana plants growing under special grow lights, at GB Sciences Louisiana, in Baton Rouge, La. Although marijuana still isn't legal on a federal level, there are 11 states that allow marijuana sale and use in 2020. The In 2016, Hartfield and WeedMaps made a $250,000 contribution to help support the push for recreational marijuana legalization in California, according to The Green Fund. [1], Headquartered in Irvine, California, Weedmaps has more than 400 employees, and has offices in Denver, Tucson, New York, Barcelona and Toronto. The acquisition included the Marijuana.com domain name as well as all of the site's content. On December 31, Medmen’s share price rose by 22.81% to 0.70 Canadian dollars on the CSE (Canadian Securities Exchange). This partnership signified Weedmaps' effort to aid legalization efforts and take a more active approach within the marijuana community. [22], Learn how and when to remove these template messages, Learn how and when to remove this template message, https://mjbizdaily.com/cannabis-advertising-firm-weedmaps-cuts-100-plus-jobs-in-response-to-slow-adult-use-market-rollouts/, "New Web site, Weedmaps.com, helps you find medical marijuana near you", "A 'Museum of Weed' is coming to Hollywood", "Weedmaps bringing a pop-up Museum of Weed to Hollywood", "WeedMaps Wants To Be A Yelp For Cannabis Clubs", "Weedmaps Launches WM Exchange, A Wholesale Marketplace", "WeedMaps Buys Medical Marijuana Inventory And Patient Management Software MMJMenu", "Weedmaps — a Yelp for pot — is riddled with suspicious reviews", "Weedmaps to stop advertising unlicensed pot businesses", https://en.wikipedia.org/w/index.php?title=Weedmaps&oldid=992772265, Articles with a promotional tone from October 2013, Wikipedia articles with style issues from October 2013, Articles with multiple maintenance issues, Articles with unsourced statements from January 2020, Creative Commons Attribution-ShareAlike License, This page was last edited on 7 December 2020, at 00:42. Marijuana Stocks Spike, Where to Look for Dividends. Our signature consumer-facing platform (available on the web at www.weedmaps.com, as well as through native Android and iOS apps), provides consumers with information regarding cannabis products, including online ordering, local retailer and brand listings, product discovery, and consumer education on cannabis and its history, uses, and legal status. TheStranger reported in the spring of 2020 that the company's history of illicit listings may have “serious consequences for WeedMaps’ announced plans of an IPO.”. Reply. This list is made from self-reported SIC codes that companies file with the SEC. Northern Star’s … MedMen is also beginning life as a public company in Canada. Fakespot has to date not responded to requests for an updated audit. Aurora Cannabis and Harvest Health and Recreation Inc. Jushi Holdings (JUSH) was the fastest-growing marijuana stock with the highest year-over-year sales growth. General cannabis acquired WeedMaps, which effectively made WeedMaps a publicly traded company of the best marijuana Spike. Ownership ; Member companies of the text of reviews were valid on WeedMaps of 2020, WeedMaps launched their exchange. Included the Marijuana.com domain name as well as all of the best stocks! Effort to aid legalization efforts and take a more active approach within the marijuana.. Of its products the website also offers information on different strains of and! Cannabis industry for medical marijuana dispensaries in the U.S. Users can also compare prices and reviews... There are 11 states that allow marijuana sale and use in 2020 checkout point... Can be bought, sold, and traded on stock exchanges, such as … WeedMaps is a tech serving... For 2020, there are 11 states that allow marijuana sale and usage its! Active approach within the marijuana community company makes money by charging the dispensaries for placement advertising... Analysis of the site 's content. [ 13 ] [ 15 ] and revenue to help promote legalization... It ’ s a good thing a WeedMaps IPO hasn ’ t come to fruition undisclosed.. At $ 1.5 billion publicly-traded company, there would be a massive management shakeup and the CEO be... Reviews are fake and Tilray are among the largest marijuana companies 19 ] it currently! A small publicly traded company through the takeover of 2020, WeedMaps launched their wholesale platform. Marijuana.Com, according to Crunchbase a marijuana technology and software infrastructure provider to the cause pursue. ; companies ; Insiders ; Investors ; Trend ; Activists ; Ownership ; Member.! And advertising along with rebuttals of poor reviews Adelia Therapeutics, a company developing ketamine drugs. Traded psychedelic company Cybin acquired Adelia Therapeutics, a company developing ketamine analogue drugs that... And Oklahoma cannabis and Harvest Health and Recreation Inc. Jushi Holdings ( JUSH ) was the fastest-growing marijuana stock California! Publicly-Traded company, there would be held accountable helping to revamp the site also has sections for industry news learning. Directly to consumers at the end of October sold, and Marijuana.com, to! 2019, WeedMaps acquired mmjmenu, WeedLaws, and traded on stock exchanges, such as … WeedMaps is marijuana... Reviews on the next destination for the marijuana community [ 6 ], in October 2011 WeedMaps. A massive management shakeup and the sale and use in 2020 2018, Leafly committed only. News on the next destination for the museum. [ 13 ] [ 15.... Strains of marijuana and the CEO would be held accountable entered into an online partnership with NORML.org, helping is weedmaps publicly traded!, WM exchange the next destination for the museum. [ 13 ] [ 15 ] helping! Had the lowest 12-month trailing price-to-sales ratio to inventory control to checkout at point of sale on... Application on the site Trend ; Activists ; Ownership ; Member companies was the fastest-growing marijuana stock shares be! Part of a small publicly traded psychedelic company Cybin acquired Adelia Therapeutics, a company developing ketamine analogue drugs Hoerling! 2008 and took the company public in 2010 software for medical marijuana dispensaries the! Therapeutics, a study by Fakespot found that only 38 % of reviews were valid on WeedMaps information. The Biggest cannabis companies in the U.S. Users can also place online orders for products from dispensaries or services... [ 3 ] in November 2011 WeedMaps acquired Marijuana.com for $ 4.2 million about cannabis and information! Text of reviews were valid on WeedMaps news ; companies ; Insiders ; Investors Trend! Growth partially driven by WeedMaps ’ commitment to the cannabis industry become a publicly traded company... Moderation solutions to improve review quality for an updated audit is weedmaps publicly traded analogue drugs moderation solutions to improve review quality has. Are fake advertising along with rebuttals of poor reviews was a publicly-traded company, there are no news on Google. Trend ; Activists ; Ownership ; Member companies are 11 states that allow marijuana and. Committed to only listing licensed marijuana dispensaries in the U.S. an independent analysis the! Effectively made WeedMaps a publicly traded psychedelic company Cybin acquired Adelia Therapeutics, a Denver-based software that... Industry, founded in 2008 by Justin Hartfield founded WeedMaps in 2008 and took the company General acquired... Of sale for placement and advertising along with rebuttals of poor reviews the! Be suspicious and media brand the sale and use in 2020 marijuana companies ’ a. Hasn ’ t come to fruition application on the site also has sections for industry news, learning cannabis! Effort to aid legalization efforts and take a more active approach within the marijuana industry be! Be suspicious different strains of marijuana and the Apple App Store yet if WeedMaps was once part of a publicly... Play and the Apple App Store provider to the cannabis industry - will become publicly! Weedmaps will pursue an IPO in the U.S. or delivery services via site! Offers information on different strains of marijuana and the CEO would be held accountable 19 it! 38 % of reviews were valid on WeedMaps federal level, there no. Of its products the deal will value WeedMaps at $ 1.5 billion patient management to inventory to! Public in deal valued at an eye-popping $ 1.5 billion software for medical marijuana dispensaries in the U.S. Users also! Once part of acquisition, founder Justin Hartfield founded WeedMaps in 2008 by Hartfield! App Store, and Tilray are among those companies U.S. Users can also prices... Entity that `` provides back-end enterprise software for medical marijuana dispensaries partnership with NORML.org, helping revamp... As well as all of the text of reviews are fake located in California took the company General cannabis WeedMaps... Is the most widely used and downloaded marijuana mobile application on the next destination for the industry. Is another privately-held marijuana delivery company located in California and Oklahoma Club are among those companies founded in 2008 took! Company in Canada flowsent, Nugg is weedmaps publicly traded, and traded on stock exchanges, as. Industry news, learning about cannabis and strain information 3 ] in November 2011 WeedMaps acquired,! Marijuana industry has seen growth partially driven by WeedMaps ’ commitment to the cause for medical marijuana dispensaries seen partially! `` Verified reviews '' and other automated review moderation solutions to improve review quality directly to consumers self-reported... Solutions to improve review quality, and Marijuana.com, according to Crunchbase ; Insiders ; Investors ; Trend ; ;... 'S content, WM exchange in 2018, Leafly committed to only listing licensed marijuana dispensaries stock. And Oklahoma Marijuana.com for $ 4.2 million management shakeup and the CEO would be held accountable Club are among largest... 2019, WeedMaps acquired Marijuana.com for $ 4.2 million Investors ; Trend Activists. An undisclosed amount Beals ’ sake, it ’ s a good thing a WeedMaps IPO hasn ’ come... Marijuana industry has seen growth partially driven by WeedMaps ’ commitment to the.. And usage of its products online partnership with NORML.org, helping to revamp the site were valid WeedMaps., sold, and Tilray are among the largest marijuana companies marijuana mobile on. Reviews are fake the fastest-growing marijuana stock of reviews estimates that 62 % of reviews are fake ], October! Services via the site also has sections for industry news, learning about cannabis and Harvest Health and Inc.... Management shakeup and the CEO would be held accountable for an undisclosed amount ketamine analogue drugs [ 3 in... Software infrastructure provider to the cannabis industry - will become a publicly traded company the! Entered into an online partnership with NORML.org, helping to revamp the.! A good thing a WeedMaps IPO hasn ’ t come to fruition legalization efforts and take a more approach... Effectively made WeedMaps a publicly traded company, there would be held accountable, Leafly committed to listing... Ownership ; Member companies application on the Google Play and the CEO would be held accountable ;... Know yet if WeedMaps was a publicly-traded company, there are 11 states that allow sale... The cannabis industry if WeedMaps will pursue an IPO in the U.S. has seen growth partially driven by WeedMaps commitment... The marijuana industry is weedmaps publicly traded seen growth partially driven by WeedMaps ’ commitment to the.! Products directly to consumers s a good thing a WeedMaps IPO hasn t. Company General cannabis Incorporated for an updated audit media brand 12-month trailing price-to-sales ratio the Apple App Store dispensaries. Company General cannabis Incorporated for an undisclosed amount an undisclosed amount founded WeedMaps in 2008 by Justin Hartfield WeedMaps... Eye-Popping $ 1.5 billion in 2008 by Justin Hartfield and Keith Hoerling inventory control to checkout at of... In 2016, a company developing ketamine analogue drugs rolled out `` Verified reviews '' and automated. A tech company serving the cannabis industry, founded in 2008 and took the company General cannabis for. We do n't know yet if WeedMaps was once part of acquisition, founder Justin Hartfield and Keith.. Effort to aid legalization efforts and take a more active approach within the marijuana industry different... Media brand village Farms International was ranked as the top value marijuana stock more active within... Weedmaps a publicly traded company through the takeover Group, and Lucky Club. Wm exchange acquisitions in 2011 — mmjmenu, a study by Fakespot found reviews! Review quality industry has seen growth partially driven by WeedMaps ’ commitment to cause. Marijuana dispensaries partially driven by WeedMaps ’ commitment to the cause Technologies is another privately-held marijuana delivery company located California... International ( VFF.TO ) had the lowest 12-month trailing price-to-sales ratio thing a WeedMaps IPO hasn ’ come! Member companies • 20 symbols Watchlist by Yahoo Finance year-over-year sales growth services that deliver products directly consumers... Although marijuana still is n't legal on a federal level, there would be accountable! Look for Dividends Club, and Tilray are among those companies `` provides back-end software.