SEC Weedmaps to pay $1.5 million for ‘misleading’ statements on user numbers

2 months ago

Green Market Report.. California-based WM Technology (Nasdaq: MAPS) has agreed to pay the U.S. Securities and Exchange Commission $1.5 million to settle a cease-and-desist order from the agency that alleged several securities violations, particularly that the company misled investors on how many monthly users were actually using its website in 2021 and 2022. According to an order from […]