WM TECHNOLOGY, INC.

WM Technology, Inc., founded in 2008 and headquartered in Irvine, California, operates an online cannabis marketplace for consumers and provides eCommerce and compliance software solutions for cannabis businesses. These solutions are sold to storefronts, delivery operators ("retailers"), and brands in legalized cannabis markets across states and territories of the United States. The company's business primarily consists of its commerce-driven marketplace, "Weedmaps," and its fully integrated suite of end-to-end Software-as-a-Service ("SaaS") solutions, "Weedmaps for Business." The Weedmaps marketplace offers cannabis consumers information about retailers and brands. It aggregates data from various sources, including retailer point-of-sale ("POS") solutions, allowing consumers to browse locally available cannabis products by strain, price, cannabinoids, and other details via its website and mobile apps. The marketplace facilitates product discovery, access to deals and discounts, and product reservations for pickup or delivery by participating retailers. Retailers complete orders and process payments outside the Weedmaps marketplace, as Weedmaps acts as a portal for consumer inquiries. The marketplace also provides educational content for new consumers. Weedmaps for Business, the company's SaaS offering, provides eCommerce and compliance software solutions for cannabis retailers, delivery services, and brands. These tools streamline front and back-end operations and assist with compliance needs, enabling businesses to reach prospective consumers and manage pickup, delivery, and inventory in compliance with local regulations.