Weedmaps founders want to take the company private as cannabis sector runs into headwinds - MarketWatch
Weedmaps co-founders propose taking the company private for $100 million. MAPS stock jumped 13.9% to $1.39 amid buyout offer. WM faces challenges from competition and declining market volumes. Current stock price is significantly below 2021 peak of $28. Immediate liquidity offered in buyout amid uncertain market conditions.
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