.png?width=318&height=102&name=wmtechnology_inc_logo_Teal_Wht@2x%20(1).png){kind=logo}
WM Technology Inc.
Founded in 2008, WM Technology operates the leading online cannabis marketplace with a comprehensive set of eCommerce and compliance software solutions sold to retailers and brands in the U.S. state-legal and Canadian cannabis markets. The Company’s mission is to power a transparent and inclusive global cannabis economy. We address the challenges facing both consumers seeking to understand cannabis products and businesses who serve cannabis users in a legally compliant fashion with our Weedmaps marketplace and WM Business software solutions. Over the past 13 years, we have grown the Weedmaps marketplace to become the premier destination for cannabis consumers to discover and browse information regarding cannabis and cannabis products, permitting product discovery and order-ahead for pickup or delivery by participating retailers. WM Business is a set of eCommerce-enablement tools designed to help our retailer and brand clients get the best out of their Weedmaps experience, while creating labor efficiency and managing their compliance needs.
WM Technology holds a strong belief in the power of cannabis and the importance of enabling safe, legal access to consumers worldwide. Since inception, WM Technology has worked tirelessly, not only to become the most comprehensive platform for consumers, but to build the software solutions that power businesses compliantly in the space, to advocate for legalization, social equity, and licensing in many jurisdictions, and to facilitate further learning through partnering with subject matter experts on providing detailed, accurate information about the plant.
Headquartered in Irvine, California, WM Technology supports remote work for all eligible employees. Visit us at www.weedmaps.com.
Nasdaq: MAPS
IR Website: https://ir.weedmaps.com/
Headquarters: Irvine, CA
Content provided by WM Technology on 3-7-22.
TALK TO MANAGEMENT
The WM Technology management team is always available to talk to current and potential investors. They're happy to answer any questions you may have and tell you what makes their story unique. Please fill out this form, and we will connect you shortly.
Summary
Founded in 2008, WM Technology operates the leading online cannabis marketplace with a comprehensive set of eCommerce and compliance software solutions sold to retailers and brands in the U.S. state-legal and Canadian cannabis markets. The Company’s mission is to power a transparent and inclusive global cannabis economy. We address the challenges facing both consumers seeking to understand cannabis products and businesses who serve cannabis users in a legally compliant fashion with our Weedmaps marketplace and WM Business software solutions. Over the past 13 years, we have grown the Weedmaps marketplace to become the premier destination for cannabis consumers to discover and browse information regarding cannabis and cannabis products, permitting product discovery and order-ahead for pickup or delivery by participating retailers. WM Business is a set of eCommerce-enablement tools designed to help our retailer and brand clients get the best out of their Weedmaps experience, while creating labor efficiency and managing their compliance needs.
WM Technology holds a strong belief in the power of cannabis and the importance of enabling safe, legal access to consumers worldwide. Since inception, WM Technology has worked tirelessly, not only to become the most comprehensive platform for consumers, but to build the software solutions that power businesses compliantly in the space, to advocate for legalization, social equity, and licensing in many jurisdictions, and to facilitate further learning through partnering with subject matter experts on providing detailed, accurate information about the plant.
Headquartered in Irvine, California, WM Technology supports remote work for all eligible employees. Visit us at www.weedmaps.com.
Why Invest
15M Monthly Active Users ("MAU")
focused on discovering and purchasing Cannabis (1)
---320K Monthly App Downloads
through the iOS and Android app store (2)
7-minute
average user session length on mobile app (2)
42M+
in monthly user funnel engagements (2) (3)
15K+ Orders Placed a Day
on Weedmaps (2)
- A Leading Purchase Intent-Drive Marketplace for Cannabis Users
- A Comprehensive "Business-in-a-Box" Saas Solution for Cannabis Businesses
- Over a Decade of First Party Data on Cannabis Consumers and Transactions
- High Client ROAS Driving Strong Unit Economics
- High Growth, Scalable, and Capital Efficient Business Model with Positive Cash Flow
- Multiple Built-in Growth Levers with Set-Function GMV (1) Potential
Investor Presentation
.webp?width=1500&name=wm-investor-banner%20(1).webp)
Recent News
WM Technology, Inc. Reports Fourth Quarter and Full Year 2021 Financial Results
Feb 23, 2022
Weedmaps Tackles Cannabis Marketing Censorship with Digital Spot Ahead of Advertising's Biggest Night of the Year
Feb 7, 2022
WM Technology, Inc. Announces Fourth Quarter 2021 Financial Results Conference Call
Feb 1, 2022
WM Technology, Inc. Announces Participation at Upcoming ICR Conference 2022 and 24th Annual Needham Virtual Growth Conference
Jan 3, 2022
WM Technology, Inc. Files Form S-1 to Register Shares of Class A Common Stock Issued as Part of Q3 2021 Acquisitions
Dec 2, 2021
Management Overview
Chris Beals
Chief Executive Officer
Chris Beals is the CEO of Weedmaps, the leading technology company focused on the cannabis sector. He is also a member of the company’s board of directors.
As CEO, Chris oversees all aspects of Weedmaps’ business, guiding the company’s growth and product direction to provide interconnected solutions for the entire cannabis business and consumer spectrum.
Prior to being appointed CEO in March 2019, Chris served as Weedmaps’ president and general counsel, spending significant time advising state and local governments, as well as business operators, on issues ranging from compliance to technology. Additionally, as head of the company’s policy division, Chris helped shape legislation to encourage efficient and safe legal cannabis marketplaces around the country as well as expand to pace of cannabis legalization.
Prior to Weedmaps, Chris specialized in technology and healthcare work with a private equity fund and prior to that as a transactional attorney with the law firms of Covington & Burling and Davis Polk. He earned his J.D., BA in Economics and BSE in Systems Engineering from the University of Pennsylvania.
.jpg?width=133&name=Arden_Lee_headshot%20(1).jpg)
Arden Lee
Chief Financial Officer
Arden Lee is Weedmaps’ chief financial officer. As CFO, Arden oversees the accounting, business support, financial planning and analysis, treasury, internal audit and tax functions at Weedmaps.
Prior to joining Weedmaps, Arden was vice president of Global Business Planning at Nike and spent nine years at Goldman Sachs, most recently as managing director of Investment Banking. Arden also served as vice president, Investment Banking, at Citigroup and as vice president, Mergers and Acquisitions, at Deutsche Bank Securities.
Arden graduated from Princeton University with a bachelor’s degree in economics.
Risks & Disclosures
This communication is neither an offer to sell nor a solicitation of an offer to buy, nor a recommendation of any securities of the company mentioned herein.
WM Technology Inc. (the “Company”) and its counsel have reviewed the content of this page as well as the accompanying presentation (“Company Presentation”) displayed on this page. To the best of its knowledge, the Company does not believe this content to be misleading or inaccurate in any material respect, nor does it believe there are any material omissions with respect to such content. The Company does not believe the contents of the page or the Company Presentation to contain any non-public material information.
Information and opinions presented in the Company Presentation are provided by the Company, and b2i digital makes no representation as to their accuracy or completeness. The information contained on this page is not intended to constitute any form of advice, and the information provided is not intended to provide a sufficient basis on which to make an investment decision. It is not investment research, nor does it constitute a research recommendation, as it does not constitute substantive research or analysis. This information is not to be relied upon in substitution for the exercise of independent judgment.
Information, opinions and estimates contained on this page or in the Company Presentation reflect judgments by the Company as of the original date of publication by the Company and are subject to change without notice. Past performance should not be taken as an indication or guarantee of future performance, and no representation or warranty, express or implied is made regarding future performance.
A complete description of the risks and uncertainties relating to the Company and its securities can be found in the company's filings with the U.S. Securities and Exchange Commission available for free at www.sec.gov.
Information on this page may relate to penny stocks, which may also be referred to as low-priced stocks. Penny stocks are low-priced shares typically issued by small companies. Penny stocks involve greater than normal risk, they may be less liquid than other stocks (i.e., more difficult to sell), and there may be less reliable information available regarding such stocks. Investors in penny stocks should be prepared for the possibility that they may lose their entire investment.
B2I DIGITAL, Inc. is a marketing sponsor of the Roth 34th Annual Roth Conference. B2I DIGITAL, Inc. is not an affiliate of Roth Capital Partners, LLC (“Roth”) and is not authorized to represent or act on behalf of Roth ,in any capacity. Roth has not reviewed and approved the content contained on the b2idigital.com website.
