WeedMaps
WeedMaps is a technology company.
Financial History
WeedMaps has raised $10.0M across 1 funding round.
Frequently Asked Questions
How much funding has WeedMaps raised?
WeedMaps has raised $10.0M in total across 1 funding round.
WeedMaps is a technology company.
WeedMaps has raised $10.0M across 1 funding round.
WeedMaps has raised $10.0M in total across 1 funding round.
WeedMaps has raised $10.0M in total across 1 funding round.
Weedmaps is a leading technology platform in the cannabis industry, founded in 2008 and headquartered in Irvine, California. It builds web and mobile apps that connect cannabis consumers to licensed dispensaries, delivery services, brands, and specific strains, enabling users in legal markets to search, review, order products for pickup or delivery, and access educational content[1][2][3][4]. Serving both consumers (medical and recreational users, tourists) and businesses (retailers, brands), Weedmaps solves key problems like discovery, compliance, and operational efficiency through B2B SaaS tools for marketing, analytics, ordering, logistics, and regulatory management, with reported revenue around $184 million and a network reaching 16 million+ consumers[1][2][3].
The company demonstrates strong growth momentum as a publicly traded entity (Nasdaq: MAPS under WM Technology, Inc.), expanding SaaS solutions from startups to established businesses while supporting legalization efforts and social justice initiatives; recent leadership moves, like appointing Sarah Griffis as CTO effective January 2025, signal continued tech innovation in a regulated sector[1][4].
Weedmaps emerged in 2008 amid early U.S. cannabis legalization trends, starting as a simple, trustworthy platform to help users find nearby dispensaries and connect businesses with consumers[1][2][3][4]. Founders leveraged the growing need for a comprehensive directory in medical marijuana markets, quickly evolving into the world's first and most widely used cannabis catalog with intuitive online tools, user reviews, photos, and a mobile app[3]. Early traction came from its role as a reliable resource in legal states, building a vast database, community, and partnerships; pivotal moments include global expansion (offices in Denver, Tucson, New York, Barcelona, Toronto) and going public as WM Technology, Inc., while adding B2B features like compliance tools and wholesale marketplaces[1][2].
This grassroots origin humanizes Weedmaps as a pioneer that scaled from consumer discovery to a full tech ecosystem, adapting to regulatory shifts and industry maturation[3].
Weedmaps stands out in the cannabis tech space through these key strengths:
Weedmaps rides the global cannabis legalization wave, capitalizing on expanding medical and recreational markets in the U.S. and beyond, where timing aligns with post-2018 U.S. state-level booms and international progress[1][3]. Market forces like rising consumer demand (16M+ users), regulatory complexity, and e-commerce growth favor its dual consumer-B2B model, which addresses fragmentation in dispensary discovery and business ops amid a projected $100B+ U.S. industry by 2030[2][3]. It influences the ecosystem by standardizing data, promoting compliance, enabling delivery/logistics, and advocating social justice, effectively acting as the "Google Maps" for cannabis and accelerating tech adoption among retailers and brands[1][2].
Weedmaps is poised for accelerated growth through enhanced SaaS expansions, AI-driven analytics, and deeper integration with emerging delivery tech, especially as federal U.S. reforms and global legalization unlock new markets. Trends like personalized consumer experiences, blockchain for supply chains, and stricter compliance will shape its path, with the new CTO bolstering engineering to outpace competitors[1][4]. Its influence may evolve from directory leader to full-stack industry OS, solidifying dominance as cannabis mainstreams—echoing its 2008 origins by connecting consumers and businesses in an ever-legalizing world[2][3].
WeedMaps has raised $10.0M across 1 funding round. Most recently, it raised $10.0M Series C in July 2018.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jul 1, 2018 | $10.0M Series C |