Added to YB: 2026-04-27
Pitch date: 2026-04-23
MAPS [bullish]
WM Technology, Inc.
-7.68%
current return
Author Info
Triple S is a professional special situations investor who shares ideas in their newsletter. Sign up for the newsletter.
Company Info
WM Technology, Inc., an online cannabis marketplace, provides ecommerce and compliance software solutions to retailers and brands in cannabis market in the United States and internationally.
Market Cap
$43.4M
Pitch Price
$0.40
Price Target
0.82 (+119%)
Dividend
N/A
EV/EBITDA
2.26
P/E
21.18
EV/Sales
0.47
Sector
Software
Category
special_situation
Weedmaps - Getting high or going low
MAPS (new position): Cannabis tech/marketplace trading ~1x cash ($57M, no debt) at $64M mkt cap despite $43M Q1 rev, $5-7M adj EBITDA. Voluntary Nasdaq delisting to OTCQX cut stock 50% creating opportunity. Schedule III rescheduling removes 280E tax burden, boosting dispensary cash flow & WM's customer spend. Risk: OTC illiquidity, potential mgmt take-private. Upside: double+ if re-rating occurs.
Read full article (4 min)