Chris Beals

Investors filed a class action lawsuit against WM Technology Inc. (NASDAQ:MAPS), commonly known as Weedmaps, accusing the company of issuing misleading and false statements regarding its performance metrics. According to a report by Debra Borchardt on Green Market Report, the lawsuit follows prior...

WM Technology Inc. (NASDAQ: MAPS) recently cut 25% of its workforce, or 175 employees. The layoffs come on the heels of Weed Maps CEO Chris Beals' stepping down on Nov. 7. Doug Francis, a WM Technology co-founder, is now running the company on an interim basis. "The decision to eliminate...

WM Technology, Inc.(NASDAQ: MAPS) reported its financial results on Monday for the third quarter that ended September 30, 2022, and a leadership transition to position the Company for its next phase of growth. "Trends Getting Worse; CEO Departs, But We Stay OW on Franchise Strength,...

WM Technology Inc (NASDAQ: MAPS) is best known for its online cannabis marketplace Weedmaps, but the company is also working hard on providing business solutions for brands and retailers across the cannabis market. Chris Beals, CEO of the 15-year-old company, explained that “...

Recently, WM Technology, Inc. (NASDAQ: MAPS), a marketplace and technology solutions provider to the cannabis industry, announced the launch of Weedmaps for Business. "Formerly WM Business, the Company’s reconfiguration and renaming of its SaaS offerings better reflect the comprehensive...

WM Technology, Inc. (NASDAQ: MAPS) released its financial results for the second quarter ended June 30, 2022, revealing revenue increased to $58.3 million, up 24% from the second quarter of 2021. Second Quarter 2022 Financial Highlights Gross Profit was $54.4 million implying a 93% margin rate,...

WM Technology, Inc. (NASDAQ: MAPS) has been added to the Russell 3000, Russell 2000 and Russell Microcap indexes and Compass Diversified (NYSE: CODI) has been added to the Russell 2000 and 3000 indexes at the conclusion of the 2022 Russell indexes annual reconstitution, effective after the US...

WM Technology, Inc. (NASDAQ: MAPS) marketplace and technology solutions provider to the cannabis industry, has expanded its product offering in Ontario with an integrated digital payment process that will help small businesses compete with the growing demand for delivery, curbside pick up and...

WM Technology, Inc. (NASDAQ: MAPS), a leading marketplace and technology solutions provider to the cannabis industry, announced on Thursday that it had appointed Anthony Bay as the new chairman of the Company's Board of Directors. Bay will succeed Chris Beals who was serving as the acting...

WM Technology, Inc. (Nasdaq: MAPS), a leading marketplace and technology solutions provider to the cannabis industry, announced its financial results late for the fourth quarter ending December 31, 2021. "Our fourth quarter performance was the largest quarterly revenue in our Company...

Super Bowl ads…ever more creative, sophisticated, humorous - and there’s always a few heart-string tuggers in the mix. For some, the ads are the best part of the day. Okay, the second-best. In recent years, some newcomers have gotten in on the fun: hard liquor and sports betting apps....

WM Technology, Inc. (NASDAQ: MAPS) and Weedmaps debuted a digital commercial spot strategically timed for TV's most-watched event of the year, just ahead of Super Bowl 56, a commercial extravaganza they tried but failed to buy time in. An NBC spokesman said the network does...

High-growth stocks have faced selling pressure in recent weeks, as the market prepares for the Federal Reserve to potentially raise rates sooner and faster than previously expected. Meanwhile, cannabis stocks continue to take a beating as one of the worst performing sectors in the...