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*A correction was made to this story.

Costa Mesa, Calif. – WeedMaps.com, a community site where
medical marijuana patients rate local dispensaries and related services, has
agreed to be acquired by US Cannabis, a Nevada-based company owned by LC Luxuries
Limited.

Financial terms of the transaction have not yet been agreed upon by
the parties.

The company charges dispensaries between $200 and $400 per
month to advertise their menus online — the majority of which are updated
weekly.

Correction: This story initially incorrectly stated that WeedMaps.com had received funding from Tim Draper, of venture capital firm Draper Fisher Jurvetson.

 

Related Links:
http://tinyurl.com/29ot27d

http://techcrunch.com/2010/09/03/weedmaps

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