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

The End of the ‘Wine Mom’: Why Millions of Parents Are Trading Alcohol for Cannabis

The rise of the pot parent makes sense. Today's parents grew up skeptical of drug-war…

5 hours ago

Everyone is at Work Today? Why Legal Weed is the Real Reason Your Coworkers Stopped Calling in Sick

The data shows that approximately 4.4% of 8 million urine-based drug tests in the workplace…

1 day ago

The THC Myth: Why Twice the THC Doesn’t Mean Twice the High

Except the science keeps saying it isn't simple at all. The THC percentage is a…

2 days ago

88% of Americans Support Legal Weed: The Poll Numbers Destroying Cannabis Stigma

New aggregated polls reveal that 55% of respondents believe marijuana is not dangerous, and a…

3 days ago

How to Maximize Cannabis Yield: 5 Croptober Myths & Proven Tactics

Every Croptober, growers waste time on folklore instead of physics. We break down the science…

4 days ago

Cannabis voter guide to the 2026 midterm elections

Leafly's 2026 cannabis voter guide for the midterms is the only plan you need to…

6 days ago