the Weedmaps small logo Since then, Weedmaps has worked tirelessly, not only to be the most comprehensive platform for consumers, but to build the software solutions that power businesses compliantly in … For more information about Weedmaps’ social equity programs, qualified businesses are encouraged to visit www.weedmaps.com/socialequity. Weedmaps Social Equity Program To help facilitate the entrance and success of licensed Social Equity business owners, we are providing tools designed to support entrepreneurs as … Weedmaps, “Minorities make up the majority of the unlicensed business owners in the cannabis industry--and the overwhelming majority of them want to operate out of the shadows,” noted Julian Canete, president and CEO of the California Hispanic Chambers of Commerce. During the event, Weedmaps will debut a content collaboration narrated by Nas that focuses on the relationship between systemic racism, social equity, and cannabis prohibition. Weedmaps parent WM Holding Co. going public via merger with Silver Spike Acquisition Corp. Weedmaps is dominant cannabis SaaS player and … Weedmaps - an e-commerce platform focused on the marijuana industry - will become a publicly traded company through a merger with blank-check … Adolf helped craft the social equity program in the city of Oakland and advocates for greater equity in the cannabis industry at large. As Weedmaps moves towards its 12th year as the largest tech company serving the cannabis industry, we are happy to celebrate Illinois becoming the 11th state to commence adult-use cannabis sales. Weedmaps CEO Chris Beals: Thank you. Before we sta We are currently offering a range of software and professional support items, with additional support to follow shortly. Social Equity Applicants to Receive Product and Business Support; Changes on Site Will Promote Licensed Businesses and Restrict Unlicensed Business Advertising. & Visit us at www.weedmaps.com. Alex Clark The technology and software provider to the cannabis industry for the past decade has launched a first-of-its-kind initiative to help social equity, low-income and minority-owned businesses in the United States enter and thrive in the fast-growing legal cannabis industry. Weedmaps announces partnership with Triller as official sponsor for Mike Tyson's return to the ring. In addition, our platform provides consumers with information regarding cannabis products across our web and mobile platforms, including listing local retailers and brands, facilitating product discovery and allowing consumers to educate themselves on cannabis and its history, uses and legal status. Thank you. We’ve worked closely, for instance, with the NAACP and other groups in New Jersey in advocating for that. According to their statement, they “connect consumers to retailers and brands, and advocate for accessible cannabis for all patients and adults.” ... social equity and licensing in many jurisdictions.” Founded in 2008, WMH operates Weedmaps, a digital site for marijuana businesses and their customers. It seemed your net income really dropped in 2019 and then it bounced back in 2020. Social equity support Decades of propaganda have seeded misconceptions and misunderstandings about cannabis. Since then, Weedmaps has worked tirelessly, not only to be the most comprehensive platform for consumers, but to build the software solutions that power businesses compliantly in the space; to advocate for legalization, social equity and licensing in many jurisdictions; and to facilitate further learning through partnering with dozens of subject matter experts on providing detailed, … Terms of Use | Owner, Zipp Delivery; Social Equity Advocate Adolf Ward is the owner of two delivery licenses, one based in Oakland and one in Sacramento, named Zipp Delivery. “The best way to address the unlicensed cannabis problem, promote small, minority-owned businesses, and correct social injustice is simple: give more cannabis business licenses to the people who deserve them. The estimated post transaction equity value of the combined Company is approximately $1.5 billion, assuming the $10.00 per share PIPE price and no redemptions by Silver Spike shareholders. Our suite of cloud-based software and data solutions includes point of sale, logistics and ordering solutions that enable customers to scale their businesses while complying with the complex and disparate regulations applicable to the cannabis industry. This requirement joins existing consumer information tools offered by the company, including surfacing lab data on product pages and a “Brand Verified” program that combats counterfeiting. Weedmaps CEO Chris Beals: Thank you. As Mr. Beals stated on August 21, when announcing Weedmaps’ social equity program, the Company is redoubling its efforts to educate state and local governments across the country on … Whilst the producer goldrush calms down, see yesterday's Canopy story / release Canopy Growth We Don’t Grow Much These Days It's now time for the cannabis platform goldrush which we'd suggest has been sped up by the effects of COVID and the spending bonanza over the last 9 months. pr@weedmaps.com, Ongoing coaching and professional support. A community connecting cannabis consumers, patients, retailers, doctors, and brands since 2008. “Weedmaps always has and will continue to advocate for a flourishing, legal cannabis market, and taking action to address social equity is integral to making that a reality. And get them.”. On November 18, the BET network aired the two-hour special titled Smoke: Marijuana + Black America. Weedmaps Still, WeedMaps’ future is just as much linked to efforts to legalize pot nationwide as companies that grow or dispense weed. The company will provide a variety of free services and in-kind offerings to ensure that social equity entrepreneurs have the opportunity to compete in the industry. Weedmaps, a leading technology and software infrastructure provider to the cannabis industry, today announced a new set of tools to help social equity are registered trademarks of Ghost Management Group. (949) 345-7592 Weedmaps is no longer going to allow for or advertise unlicensed cannabis businesses, the company announced on Wednesday, along with plans to provide tools to help social equity entrepreneurs enter the space.. Founded in 2008, Weedmaps is a leading technology and software infrastructure provider to the cannabis industry. WM Holding Company (WMH) is planning to go public following a $1.5 billion merger deal with special purpose acquisition company (SPAC) Silver Spike Acquisition Corp. 4 However, officials have yet to identify the optimal set of social equity policies. IRVINE, Calif.--(BUSINESS WIRE)--Weedmaps, a leading technology and software infrastructure provider to the cannabis industry, today announced a new set of tools to help social equity cannabis entrepreneurs as they seek to apply for and secure cannabis licenses. By Chris Beals, CEO of Weedmaps. It is projected for the combined company to poses an equity value of roughly $1.5 billion, supposing the $10.00 per share PIPE price. It seemed your net income really dropped in 2019 and then it bounced back in 2020. The Weedmaps initiative will provide minority entrepreneurs with the skills, tools and resources they need to compete for those licenses. Asked after the fight whether he smoked before stepping into the ring, Tyson reportedly said, “absolutely, yes.” Weedmaps has partnered with Triller to be the official sponsor for the November 28 bout between Roy Jones Jr. and Mike Tyson. Weedmaps’ New Docuseries Digs into the Challenges California’s Cannabis Industry Faces Four Years After Legalization ‘Uprooted’ explores how … Beginning later this year, US retail advertisers on Weedmaps will be required to provide a state license number on their listing. We actually launched something called the WM Teal (Together for Equity Access and Legislation) and that was basically a social equity support program that we launched late last year, which was basically intended to give free software, support, consulting services and to help these businesses participate. Separately through our policy team, we actually wrote a lot of the initial draft language on social equity programs and have been big advocates for actually having social equity programs within jurisdictions that are opening up. Since then, Weedmaps has worked tirelessly, not only to be the most comprehensive platform for consumers, but to build the software solutions that power businesses compliantly in the space, to advocate for legalization, social equity, and licensing in many jurisdictions, and to facilitate further learning through partnering with dozens of subject matter experts on providing detailed, … As Mr. Beals stated on August 21, when announcing Weedmaps’ social equity program, the Company is redoubling its efforts to educate state and local governments across the country on … News. The company’s branding will be displayed throughout the event, including in the ring, on the screen during the broadcast, in the locker room, and in the press room. Founded in … In an effort to accelerate more minority and inclusive participation in the cannabis industry and provide the resources that government-sponsored social equity programs may not, Weedmaps is launching a program aimed at supporting these entrepreneurs as they apply for and obtain licenses. “The company will provide a variety of free services and in-kind offerings to ensure that social equity … All Rights Reserved. The deal means it’s parent company will take over Silver Spike’s Nasdaq listing with its … In addition, Weedmaps will explore ways to make it easier for patients and adult-use consumers to identify the license number on advertised listings. While helping social equity businesses get licensed, the company is also committed to helping licensed businesses thrive. Weedmaps announces partnership with Triller as official sponsor for Mike Tyson's return to the ring. If you are interested in our Social Equity Program, please sign up to learn more. LLC. “These enhancements to existing safeguards on our platform will help patients and adult-use consumers find cannabis retailers that have provided evidence of state licensure,” Beals added. Green Market Report: I had a question regarding your numbers in 2019 versus your numbers in 2020. Among the services and benefits Weedmaps will offer: “For too long, unjust laws and regulations have crippled small-business owners who want to make an honest living and provide safe, legal cannabis products to medical patients and adult use consumers,” said Chris Beals, CEO of Weedmaps. the Weedmaps logo “We hope to give a leg up to entrepreneurs that need and deserve support.” Beals also noted that on the public policy front, the company will redouble its efforts to educate local governments across the country on the need for equitable cannabis licensing for medical access and economic development. Cannabis Review Site Weedmaps Plans IPO After Closing $1.5 Billion SPAC Merger. It is projected for the combined company to poses an equity value of roughly $1.5 billion, supposing the $10.00 per share PIPE price. Weedmaps’ mission is to power a diverse and inclusive cannabis industry. Hosted by Mario Lopez, the extremely anticipated return of Mike Tyson and Roy Jones Jr. headlines the […] Nas has released a new PSA with Weedmaps to advocate for cannabis legalization, social equity, and the empowerment of Black entrepreneurs in the cannabis industry. The company is also restricting the use of its point of sale, online orders, delivery logistics, and wholesale exchange software-as-a-service (SaaS) platforms to licensed operators exclusively. Weedmaps also indicated it would launch an initiative to support unlicensed, minority-owned marijuana businesses as they become licensed. State and local governments with adult-use cannabis laws have made some progress towards advancing social equity objectives – most recently in Illinois, where the recently-passed adult-use cannabis law contains some of the nation’s most far-reaching provisions promoting social equity. IRVINE, Calif.-- (BUSINESS WIRE)--Weedmaps, a leading technology and software infrastructure provider to the cannabis industry, today announced a new set of tools to help social equity … It also provides software-as-a-service (SaaS) to cannabis retailers and brands. If you have any questions but do not want to sign up at this time, please email socialequity@weedmaps.com. Headquartered in Irvine, California, Weedmaps employs nearly 500 professionals around the world, including in Barcelona, Berlin, Boston, Denver, New York, Phoenix and Toronto. IRVINE, Calif.–(BUSINESS WIRE)–Today, Weedmaps, the largest know-how firm in the authorized hashish economic system, was introduced as an official sponsor of the extremely anticipated Mike Tyson vs. Roy Jones Jr. battle introduced by the viral leisure platform Triller. Weedmaps has also sponsored X Games athletes, but this is the cannabis company’s first foray into former boxers old enough to be your dad and risking serious cranial injury sponsorship. “It also underscores our commitment to working with lawmakers and regulators to foster a flourishing legal market.”. Privacy Policy. WeedMaps is essentially Yelp for people looking toke up. Weedmaps expects to receive gross proceeds of up to $575 million from the deal, it said in a Securities and Exchange Commission filing, in part from Silver Spike-raised funds and through $325 million in a private investment in public equity, or PIPE, transaction, which includes funds from the Federated Hermes Kaufmann Funds, Senvest Management LLC, and AFV Partners, the company said. WM Policy — the “think tank” within Weedmaps — provides data-driven research, analysis, and guidance to elected and appointed government officials and public sector leaders, industry executives, advocates, the news media, and others seeking to understand the wide range of cannabis …
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