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Revenue is estimated to be between $50 million and $52 million.Invested ahead of key East Coast state openings, like New Jersey and New York, with on-the-ground efforts through our social equity workshops and work with local cannabis associations and also seeded awareness of the Weedmaps brand through efforts such as the Kevin Durant partnership.īased on current business trends and conditions, the outlook for the fourth quarter of the year ending December 31, 2021, is expected to be as follows:.
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30, the company held $77.9 million in cash.
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(NASDAQ: MAPS), a technology and software infrastructure provider to the cannabis industry and the owner of Weedmaps, released its third-quarter financial results, revealing revenue of $50.9 million, up by 9% from the third quarter of 2020.