WM Technology, Inc. (Weedmaps)
WM Technology, Inc. (doing business as Weedmaps) is a technology company that provides an online cannabis marketplace and comprehensive software solutions for the cannabis industry. The company's mission is to power a transparent and inclusive global cannabis economy. WM Technology is headquartered in Irvine, California.
WM Technology operates the Weedmaps marketplace, a business-to-consumer (B2C) platform that enables cannabis users to discover and browse products from retailers and brands, make reservations, and access educational content. Complementing this, the company offers WM Business, a suite of business-to-business (B2B) cloud-based software-as-a-service (SaaS) solutions. These solutions encompass e-commerce, compliance tools, point-of-sale (POS) systems, inventory management, customer relationship management (CRM), and analytics, serving retailers and brands in legal cannabis markets across the United States and internationally.
In recent corporate news, WM Technology, Inc. voluntarily delisted its Class A common stock and warrants from the Nasdaq Global Select Market around April 24, 2026, and intends to trade on the OTCQX exchange. Doug Francis serves as the Chief Executive Officer and Chairman, appointed CEO in November 2024, with Susan Echard as the Chief Financial Officer. The company remains a leading technology and software infrastructure provider in the cannabis sector, navigating ongoing industry challenges such as market consolidation, illicit competition, and high excise taxes that affect client marketing budgets.
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