Weedmaps

Weedmaps

Online platform connecting cannabis consumers and businesses

About

Weedmaps connects cannabis consumers, patients, retailers, and brands through its online platform, offering a directory of dispensaries, delivery services, and various cannabis products. Users can search for items based on specific cannabinoids like CBD and THC, catering to different preferences. The company generates revenue through subscription fees from businesses and advertising services, while also providing tools for compliance and analytics. Weedmaps aims to be a comprehensive resource in the cannabis industry, enhancing connections between consumers and businesses.

Company Stage

IPO

Employees

501-1,000

Industries

Data & Analytics, Consumer Goods

Total Funding

$316.1M

Headquarters

Irvine, California

Founded

2008


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Simplify's Take

What believers are saying

  • Growing interest in cannabis education boosts demand for Weedmaps' educational content.
  • The rise of medical cannabis programs expands Weedmaps' user base and service offerings.
  • The 'Best of Weedmaps' program enhances consumer engagement and platform loyalty.

What critics are saying

  • Increased competition from expanding local dispensaries like Purple Lotus.
  • The take-private offer may create uncertainty among investors and stakeholders.
  • Regulatory challenges may complicate the implementation of the medical cannabis card program.

What makes Weedmaps unique

  • Weedmaps offers a comprehensive directory of cannabis dispensaries and delivery services.
  • The platform provides detailed product information, enhancing consumer purchasing decisions.
  • Weedmaps' dual revenue model includes subscription fees and advertising services.

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Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

-5%

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401(k) Retirement Plan

401(k) Company Match

Paid Vacation

Paid Sick Leave

Paid Holidays

Family Planning Benefits

Fertility Treatment Support

Mental Health Support

Wellness Program

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