Categories: aggregated

Is Weedmaps’ $1.5 Billion Valuation the Canary in the Coalmine for the Entire Marijuana Industry?

$439,000,000 in cannabis-based revenue between 2015 and 2019 would make Weedmaps the most successful cannabis company in the history of the earth, and according to them, they didn’t actually sell any weed in that $439,000,000.  So, 20 legal states with dispensaries created close to half a billion dollars in ad sales for Weedmaps?  Say what?  They are expecting $205,000,000 in revenue this year from ad sales and software sales, none of that money includes any direct cannabis sales they claim.

Jason

Share
Published by
Jason

Recent Posts

Star signs and cannabis strains: October 2024 horoscopes

Anyone else ready for autumnal weather, star gazers? It's nearly cannabis harvest season, and the…

7 hours ago

Watch: Puffcon drenches downtown LA in dabs

A rager for hash culture goes down in downtown LA. The post Watch: Puffcon drenches…

7 hours ago

5 takeaways from The Alchemist & Alien Labs’ ‘Ted Talk’ in LA

California's dopest producers of beats and trees chop it up. The post 5 takeaways from…

7 hours ago

The US is Waging Silent War on Cannabis Moms

It's a twisted irony - in a country where wine mom culture is celebrated and…

7 hours ago

Leafly’s top 5 autoflower seed banks of 2024

Find the best autoflower seed banks of 2024. Leafly reviewed popular seed banks & chose…

1 day ago