WM Technology Voluntarily Delists From Nasdaq

The cannabis tech company cites strategic shift as reason for leaving the exchange.

Apr. 7, 2026 at 11:08pm

Got story updates? Submit your updates here. ›

A high-end, photorealistic studio still-life photograph featuring a sleek, modern laptop computer, a minimalist desk organizer, and a single potted succulent plant against a clean, monochromatic seamless background, conceptually representing a technology company's strategic shift.As WM Technology pivots its business focus, the company's voluntary delisting from Nasdaq signals a strategic shift in the cannabis tech industry.Irvine Today

WM Technology, Inc., a leading technology and software infrastructure provider to the cannabis industry, has announced that it will voluntarily delist its common stock from the Nasdaq Global Select Market. The company cited a strategic shift in its business focus as the primary reason for the delisting.

Why it matters

The voluntary delisting marks a significant transition for WM Technology, which has been a publicly traded company on the Nasdaq since 2021. The move signals the company's intention to pursue a new strategic direction, potentially away from its previous focus on providing technology solutions to the cannabis industry.

The details

In a press release, WM Technology stated that the voluntary delisting will allow the company to focus on its core business initiatives and explore new opportunities that may not align with the requirements of a publicly traded company on a major exchange. The delisting is expected to be completed in the coming months, subject to regulatory approvals.

  • WM Technology has been publicly traded on the Nasdaq since 2021.
  • The company announced the voluntary delisting on April 7, 2026.

The players

WM Technology, Inc.

A leading technology and software infrastructure provider to the cannabis industry.

Got photos? Submit your photos here. ›

What’s next

The delisting is expected to be completed in the coming months, subject to regulatory approvals.

The takeaway

WM Technology's voluntary delisting from the Nasdaq signals a strategic shift for the company, potentially moving away from its previous focus on the cannabis industry and exploring new business opportunities that may not align with the requirements of a publicly traded company on a major exchange.