Stock FAQs

why is weedmaps stock down

by Sean McCullough PhD Published 2 years ago Updated 2 years ago
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Is Weedmaps stock a good buy?

However, Weedmaps is arguably a safer investment today since it is already profitable on an EBITDA level. But plant-touching marijuana businesses that are growing at high rates are fairly rare. Leafly is another cannabis investment you can add to your portfolio if you want some added exposure to the sector.

Is WM technology a good buy?

WM Technology's analyst rating consensus is a 'Strong Buy. This is based on the ratings of 4 Wall Streets Analysts.

What is Weedmaps stock name?

MAPSIts Nasdaq ticker symbol is MAPS. Shares were up 9% Wednesday at more than $20 each.

Is Weedmaps publicly traded?

Weedmaps is set to go public with a Nasdaq listing. The deal values the company at approximately $1.5 billion.

How do you invest in Weedmaps?

How to buy stocks in WeedmapsCompare stock trading platforms. Use our comparison table to help you find a platform that fits you.Open your brokerage account. Complete an application with your details.Confirm your payment details. ... Research the stock. ... Purchase now or later. ... Check in on your investment.

Is Rightmove a good stock?

Rightmove have been given a strong endorsement by an influential stock market tipster service, Investing.com. “Rightmove has built a strong brand, delivered impressive profit growth and created shareholder value over the past decade” says the US-based investment site.

What is Weedmaps worth?

The deal to take Weedmaps public, which values the company at around $1.5 billion, is a rare example of a business focused on the cannabis sector listing on a U.S. stock exchange.

Which is better Weedmaps or Leafly?

Looking from the top down, Weedmaps is primarily focused on finding nearby dispensaries whereas Leafly has a more comprehensive database of products and strains alongside dispensary information. Weedmaps has been around longer, but Leafly sees far more traffic.

Who acquired Weedmaps?

Weedmaps was acquired by Grow One on Nov 2015 .

What company owns Leafly?

The company is headquartered in Seattle, Washington and from 2012 to 2019 was owned by Privateer Holdings, a private equity firm focused on the emerging legal cannabis industry. Leafly is now a wholly independent company with 160 employees.

What is silver spike acquisition?

Silver Spike Acquisition Corp. II is a $287.5 million SPAC sponsored by Silver Spike, an asset manager with deep expertise in health, wellness and cannabis investments. Founded in 2013, Eleusis is dedicated to transforming psychedelics into medicines.

Will Leafly go public?

Nearly six months after announcing plans to go public via a SPAC merger, Seattle-based online cannabis marketplace Leafly has sealed the deal and will begin trading on the Nasdaq on Monday. Leafly is merging with Merida Merger Corp., a special purpose acquisition company sponsored by Merida Capital Holdings.

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