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WM Technology, Inc. Names Randa McMinn as Chief Marketing Officer

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IRVINE, Calif.–(BUSINESS WIRE)–$MAPS–WM Technology, Inc. (“WM Technology” or the “Company”) (Nasdaq: MAPS), the leading marketplace and technology solutions provider to the cannabis industry, announced today that Randa McMinn has been hired and will join the Company’s executive leadership team as its new Chief Marketing Officer.

“Randa brings an immense wealth of experience to Weedmaps, and her leadership will be critical as we work to further enhance our marketplace experience for consumers while also building innovative and critical technology solutions for our retail and brand partners,” said Doug Francis, co-founder and Executive Chair of WM Technology. “I am confident that the value Randa will bring to our organization will only propel us forward as the cannabis industry enters a critical phase of growth.”

Before joining Weedmaps, McMinn spent three years as Chief Marketing Officer at Reali, a real estate and fintech startup that developed an online platform for the homeownership journey. While at Reali, McMinn launched a new value-based pricing model that increased profit margins by 30 percent and helped the company realize 3X in people growth and 4X in fee revenue growth. Prior to Reali, Randa was SVP of Marketing at Ten-X, an online commercial real estate exchange. She has an MBA from The University of Texas at Dallas, and a Bachelor’s degree in Communications from the University of Nevada, Las Vegas.

“I could not be more thrilled to join the team at Weedmaps, and I look forward to working in partnership with the executive team as we navigate this still-burgeoning industry and the inevitable change ahead of us,” McMinn said. “Like so many others, I am incredibly encouraged by the shift in perspectives on the utility of cannabis, and joining Weedmaps — the market leader and pioneer for access and legalization since 2008 — made the decision even easier.”

With more than two decades of marketing leadership experience, McMinn will be responsible for leading the Weedmaps marketing team, which includes product and brand marketing, lifestyle and events, public relations and corporate communications, user acquisition, and global partnerships. She will work closely with the executive team and cross-functional leads to advance key business priorities such as Weedmaps, the Company’s cannabis marketplace for consumers, and Weedmaps for Business, a comprehensive set of SaaS and compliance software solutions for cannabis retailers and brands.

About WM Technology

Founded in 2008, WM Technology operates the leading online cannabis marketplace for consumers together with a comprehensive set of eCommerce and compliance software solutions for cannabis businesses, which are sold to retailers and brands in the U.S. state-legal and Canadian cannabis markets. The Company’s mission is to power a transparent and inclusive global cannabis economy.

The Company’s technology addresses the challenges facing both consumers seeking to understand cannabis products and businesses who serve cannabis users in a legally compliant fashion. Over the past 14 years, the Weedmaps marketplace has become the premier destination for cannabis consumers to discover and browse information regarding cannabis and cannabis products, permitting product discovery and order-ahead for pickup or delivery by participating retailers. Weedmaps for Business is a set of eCommerce-enablement tools designed to help retailers and brands get the best out of the Weedmaps’ consumer experience, create labor efficiencies and manage compliance needs.

WM Technology holds a strong belief in the power of cannabis and the importance of enabling safe, legal access to consumers worldwide. Since inception, WM Technology has worked tirelessly, not only to become 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 subject matter experts on providing detailed, accurate information about the plant.

Headquartered in Irvine, California, WM Technology supports remote work for all eligible employees. Visit us at www.weedmaps.com.

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Travis Rexroad, Corporate Communications, press@weedmaps.com

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Leafly Announces 2022 Cannabis Strain of the Year

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Leafly’s team of world-class cannabis experts chose Jealousy, a hybrid strain first introduced in 2019, for its notable trajectory of growth year-over-year, reflecting its widespread popularity amongst consumers and cannabis growers

SEATTLE–(BUSINESS WIRE)–Leafly Holdings, Inc. (“Leafly”), one of the world’s leading cannabis discovery marketplaces and resources, today announced Jealousy, a hybrid strain that originates from the influential Southern California market, as the 2022 Leafly Strain of the Year.

Jealousy, a hybrid strain made by industry-leading cannabis breeder Seed Junky Genetics, is a cross of the wildly popular Sherbert with 2018 Leafly Strain of the Year Gelato. Jealousy was brought to market in 2019 by The Minntz, a Cookies and Seed Junky Genetics collaboration brand. The strain flew off the shelves in the influential Southern California market and the strain has seen an upward trajectory since, quickly earning a spot as a Top 100 strain on Leafly’s database of more than 6,000 cataloged cannabis strains.

Now in its 5th year, the Leafly Strain of the Year honors a cannabis strain that demonstrated unparalleled breakthrough market impact among the more than 6,000 strains in the Leafly strain database. Former Leafly Strain of the Year winners Runtz and Dosidos both now rank in the top 10 most popular cannabis strains in America and cannabis aficionados regard Leafly’s Strain of the Year as a kingmaker within the industry.

The velocity and trajectory of Jealousy demonstrates how the modern cannabis consumer is becoming more sophisticated and selective. According to David Downs, Leafly’s California Bureau Chief, purple-colored weed is on trend right now and Jealousy’s flower is dark purple all the way to black, with dapples of bright green.

“If your local dispensary has Jealousy in stock, it’s safe to say that they’re savvy to the connoisseur cannabis conversation in the US right now,” said Downs. “Cannabis breeders constantly create new strains to meet evolving consumer trends and future demand. Jealousy’s waves continue to reverberate. More than a dozen new, notable strains crossed with Jealousy capitalize on its lineage and prestige.”

Dominant in the terpene caryophyllene, commonly found in black pepper, cloves, cinnamon and of course, cannabis, Jealousy has a spicy aroma. Reviewers tell Leafly that Jealousy tastes earthy and funky and that the strain helps them feel mentally relaxed but physically energetic.

Advertisers cannot buy a Leafly Strain of the Year. Leafly’s award-winning experts follow emerging strains, analyzing year-over-year changes in strain page views, growth in menu-availability and orders placed.

Other deciding factors include how new or unique a strain is, as well as its pedigree. Leafly’s team scrutinizes the breeder, the strain’s effects, where it fits into the market and how widely available it is in adult-use states.

For additional information on Jealousy, visit here: https://www.leafly.com/news/strains-products/jealousy-2022-leafly-strain-of-the-year

About the Leafly Strain of the Year

The Strain of the Year selection process requires thoughtful consideration and trend analysis. Each year, Leafly’s team of cannabis experts comb the industry looking for standout strains that demonstrate a velocity that trickles down into consumer demand. Since its inception in 2018, Leafly’s Strain of the Year has proved itself to be a kingmaker for cannabis strains, influencing consumer tastes, preferences and retailer’s wholesale purchasing decisions. Past selections for Leafly’s Strain of the Year include:

About Leafly

Leafly is the world’s online destination for cannabis, with more than 6,000 strains in its database, more than 3,000 store menus listed, and millions of monthly readers. helps millions of people discover cannabis each year. Our powerful tools help shoppers make informed purchasing decisions and empower cannabis businesses to attract and retain loyal customers through advertising and technology services. Learn more at Leafly.com or download the Leafly mobile app through Apple’s App Store or Google Play.

Contacts

Callie Driehorst

PR@leafly.com

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PAX Debuts New PAX Era Device and High Purity THC

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Offers consumers the perfect blend of potency and flavor, at an accessible price

SAN FRANCISCO–(BUSINESS WIRE)–#PAXlifePAX, a leading global cannabis brand, today announced the launch of its latest cannabis experience—the all new PAX Era vaporizer device and High Purity THC pod, the fourth cannabis product to come to market from PAX this year. Designed to work perfectly together, the new Era lineup offers consumers more vapor and a new anti-clog feature, while PAX High Purity THC pods offer a high potency experience at the brand’s most accessible price point to date.


“We’re excited to continue to expand our cannabis offerings to better meet the needs and lifestyles of our customers, especially those who want the clean, high quality products PAX has staked its reputation on,” said Steven Jung, Chief Operating Officer at PAX. “In this case, we’re delivering a high performing closed-loop system, paired with our High Potency THC, to provide the perfect blend of unique flavors and potency at an accessible price.”

PAX Era

Building on more than a decade of innovation and industry leading standards, the newest device from PAX’s rechargeable closed-loop battery and pod system, PAX Era, has been re-engineered to heat faster and produce more vapor, delivering hits up to 50% bigger than previous generations. An intuitive new anti-clog feature works automatically to prevent clogs. PAX’s patented temperature control heats, and never burns, for consistent flavors and aromas from start-to-finish for every pod. All devices are backed by a 1-year limited warranty.

The lineup offers three vibrant new colorways, Ultra Pink, Ultra Blue, and Ultra Green, in addition to a classic Black, with a MSRP starting at $35. PAX Era devices are available to consumers on pax.com or through licensed retailers in 20 states, including Arizona, California, Colorado, Connecticut, Florida, Illinois, Louisiana, Maryland, Massachusetts, Michigan, Missouri, Nevada, New Jersey, New Mexico, Oklahoma, Oregon, Pennsylvania, Rhode Island, Utah and Washington.

PAX High Purity THC

PAX’s High Purity THC pods are California cannabis oil, sourced for purity and potency, enhanced with a blend of terpenes to bring out unique flavor and taste profiles. Available in six flavor-forward cultivars, including Limoncello Haze (Sativa), Strawberry Créme (Sativa), Berry Gelato (Hybrid), Forbidden Fruit (Hybrid), London Pound Cake (Indica), and GMO Cookies (Indica) each with 85%+ THC. All PAX pods are made with food grade materials and tested to medical standards, certified free from residual solvents, cutting agents, harmful heavy metals, toxins and contaminants. Available across California, PAX’s High Purity THC starts at $30 for 1G, providing the lowest-cost introduction to the PAX platform.

PAX is a leading global cannabis brand on a mission to enhance people’s lives through exceptional cannabis experiences. PAX’s curated set of pure, full-flavor products and award-winning devices make enjoying cannabis clean, simple and safe. For more than a decade, PAX has created high performance devices that deliver enduring quality through innovations in design and technology, and remain trusted by millions of consumers nationwide. The PAX brand believes in creating sustainable well-being and building opportunity through cannabis. pax.com

NOT FOR SALE TO MINORS. Final Bell Lic. No. C12-0000266-LIC. © 2022 PAX Labs, Inc. All Rights Reserved. PAX, X, and ERA are all trademarks of PAX Labs, Inc. Patents and Trademarks: pax.com/IP.

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press@pax.com

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Nabis Releases First Look at Wholesale Category Data to Support Brands Scaling In California’s Cannabis Market

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Product-Specific and Regional Sales Data Now Exclusively Available for Nabis’ Partners to Identify Market Growth Opportunities in 2023

SAN FRANCISCO–(BUSINESS WIRE)–Nabis, the leading licensed cannabis wholesale platform in the world’s largest legal market, has released to its partners a first look at its proprietary wholesale category data across flower, vape, concentrates, prerolls, edibles and personal care. These metrics shed light on both the consumer demand and financial health of California’s industry in the second half of 2022 with a look at live gross annual sales for each category, as well as the top selling markets across the state.

“We’ve never done this before and wholesale distributors are typically incentivized to keep this information private,” said Brian Dewey, Head of Business Development at Nabis. “In today’s cannabis climate, any market knowledge that companies can leverage to support their portfolio and ensure they make profitable business decisions is paramount to their success. We’re thrilled to be sharing our initial wholesale category findings, and hope it will help direct strategies as we head into the new year.”

Currently, Nabis provides its brand partners real-time access to retailer credit scores and analytics related to their business such as category and SKU performance, market saturation by territories and retailers to target. As part of its mission to revolutionize the cannabis supply chain, Nabis now tracks an additional range of market-specific data and trends to further provide its network with a comprehensive look into the state of the market through its data-driven insights.

For example, the market share by category from June-November 2022 across Nabis’ ecosystem in California dispensaries ranks as follows:

  • Vape is the highest selling product category at 38%
  • Flower is second at 21%
  • Prerolls are third at 17%
  • Concentrates are fourth at 11%
  • Edibles are fifth at 9%
  • Personal Care is sixth at 3%

Beyond overall sales and metrics such as product discount levels, extended terms variability and seasonality on products, the new wholesale data reflects geographic trends across California. Los Angeles, for example, is the top selling market for all categories across the state, followed by Sacramento and San Francisco.

Unlike similar platforms, Nabis’ closed loop system, combined with its robust logistical services, enables immediate wholesale data insights to be captured from the entirety of each brands’ sale cycle. With visibility into growth opportunities and market trends in every category and subcategory level, new and established businesses alike have the opportunity to identify sales gaps and targets in order to retain control amidst California’s rapidly evolving, and oftentimes unpredictable market.

“Knowing which areas in the state offer opportunities for product innovation is critical for cannabis brands,” said Dewey. “Without it, brands are essentially in the dark and forced to experiment with their sales strategies, which can be costly and counterproductive.”

These industry-specific insights are now available to current brand partners as an additional feature to Nabis’ services. The company plans to build out and integrate the formalized wholesale category data into its platform for real-time utilization in 2023.

For more information, please visit nabis.com.

About Nabis

Nabis is the #1 licensed cannabis wholesaling platform in California, supporting over 250 exclusive brands and supplying the entire network of state-licensed dispensaries with top-tier products. Nabis offers clients lightning-fast fulfillment, warehousing, payment processing, financing, data analytics, sales and marketing services to enable more brands and retailers to innovate, launch and scale. Founded in 2018 by serial tech entrepreneurs Vince C. Ning and Jun S. Lee, Nabis is fueled by cutting-edge technology designed to support cannabis wholesaling between brands and retailers. Nabis works directly with its partners to streamline the regulated cannabis wholesaling process by leveraging actionable, industry-leading sales data and insights to help brands and retailers scale strategically. Learn more: nabis.com

Contacts

Molly Sposato

Grasslands: A Journalism-Minded Agency

molly@mygrasslands.com
207-332-6121

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