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How to buy Weedmaps stock when it goes public

Here's everything we know so far about the Weedmaps IPO.

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Dawn Daniels
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Weedmaps stock is not yet available to purchase on any exchange. But it's expected to go public soon. Here's what we know — and how to buy in when it launches.

What we know about the Weedmaps IPO

Weedmaps Holding Company, the parent behind the popular marijuana site Weedmaps, is planning an IPO. The company plans to go public via a merger with a special purpose acquisition company (SPAC) known as Silver Spike Acquisition Corp.

The company is expected to list on the Nasdaq, though no share price or date has been set.

How to buy shares in Weedmaps when it goes public

Once Weedmaps goes public, you'll need a brokerage account to invest. Consider opening a brokerage account today so you're ready as soon as the stock hits the market.

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.

How do similar companies perform?

It's impossible to predict how any stock will perform — and IPOs can be particularly volatile. But evaluating the performance of companies like Weedmaps can be useful in determining how the market is performing and whether now is a good time to invest in this industry. Select a company to learn more about what they do and how their stock performs, including market capitalization, the price-to-earnings (P/E) ratio, price/earnings-to-growth (PEG) ratio and dividend yield. While this list includes a selection of the most well-known and popular stocks, it doesn't include every stock available.

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