Out Fox The $treet

  WM Tech. reported a strong Q1 and forecast solid 30% growth for the year. The company continues to invest in building a robust technology platform for cannabis commerce. The stock has a forward EV/S multiple of 2x '23 sales targets. This idea was discussed in more depth with members of my private investing community, Out Fox The Street.    Learn More » While a lot of SPACs have failed to meet financial goals, the market continues to overlook businesses with strong growth potential such as  WM Technology  ( NASDAQ: MAPS ). The cannabis technology provider and marketplace hasn't  always met financial targets, but the owner of Weedmaps is still growing at a 30% clip. My  investment thesis  remains Bullish on the stock trading near the lows below $6. Read the full article on Seeking Alpha.  Disclosure: No position mentioned. Please review the disclaimer page for more details. 

  WM Technology posted dismal results for the 3Q of 2021. The company has a promising cannabis marketplace and SaaS business too, focused on the California market impacted by illicit sales. The stock is appealing at $8 due to long-term 30% growth rates, but investors should watch from the sidelines until the stock and business stabilize. Looking for a portfolio of ideas like this one? Members of Out Fox The Street get exclusive access to our model portfolio.  Learn More » The U.S. cannabis space has had a very tough few months and  WM Technology  ( MAPS ) now leads the pack with disappointing shareholders. The company was surprisingly hit by reduced demand in California due to a surge in the illicit market. My  investment thesis  remains Bullish on the stock over the long term, but WM Technology needs to find a bottom before shareholders buy more shares. Read the full article on Seeking Alpha.  Disclosure: No position mentioned. Please review the disc...