
In a recent first-quarter outlook report, analysts from Stifel, an American multinational independent investment bank and financial services company, had positive comments on Weedmaps, a tech company serving the cannabis industry, reported journalist Deborah Borchardt for Green Market Report.
What Happened: "We believe WM Technology is currently the best positioned public cannabis company to capitalize on category growth, with the ability to lead growth with unmatched capital efficiency, with the shares continuing to undervalue our robust growth outlook,” the analysts said.