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Benzinga

Business

Nina Zdinjak

This Weedmaps Analyst Sees These 'Tailwinds' For Cannabis Tech Provider After Q1 Earnings

Weedmaps MAPS Nasdaq WM Technology Inc Pablo Zuanic

Cannabis tech provider WM Technology Inc. (NASDAQ:MAPS), more commonly known as Weedmaps, released Wednesday its financial results for the first quarter ended March 31, 2022, revealing revenue growth of 40% year-over-year to $57.5 million.

The net loss was $31.2 million as compared to net income of $7.7 million from the prior-year period.

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