WM Technology rises on acquiring cloud-based marketing platform for pot cos

WM Technology

14/09/2021 16:06

** Shares of software solutions provider  MAPS.O  up 1.5% at
$14.30 in early trading
    ** Co acquires Sprout, a cloud-based CRM and marketing
platform for the cannabis industry
    ** Co's acquisition of Sprout strengthens its position
between retailers and consumers in the rapidly growing legal
cannabis industry - MAPS
    ** Financial terms of the deal were not disclosed
    ** Stock up ~12% YTD

 (Reporting by Sahil Shaw in Bengaluru)
 ((sahil.shaw@thomsonreuters.com))