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WEEDMAPS RAISES $579M IN NASDAQ DEBUT

@weedmaps

By Alex Halperin
06/18/2021 03:44 PM GMT-0700
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The parent company of cannabis advertising and tech platform Weedmaps raised $579M in its debut on the NASDAQ stock exchange Wednesday. The company's ticker symbol is MAPS.MJBiz

  • The company went public via a SPAC deal with Silver Spike Acquisition Corp., which changed its name to WM Technology. The deal, announced in December valued the company at $1.5B.
  • The stock closed the week at 19.97 after popping . . .

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