Mar. 18 at 3:30 AM
What if the cofounders are not buying but instead preparing to sell
$MAPS to
$DASH ? The same way Uber bought Drizly to build its alcohol delivery, Door Dash could buy Weedmaps as it aggressively pursues CBD/cannabis delivery and lobbies for rescheduling/descheduling.
With the hemp ban set to take effect this November,
$DASH would show negative growth on their CBD/THC delivery unit. However, if they close on a deal to buy
$MAPS before year-end, they would more than replace all that lost revenue.