Perhaps the jump in SSPK stock … By accessing this page, you agree to the following finder.com compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. We don't know yet if WeedMaps will pursue an IPO in the near future. While we are independent, the offers that appear on this site are from companies from which finder.com receives compensation. Silver Spike, led by cannabis industry executive Scott Gordon, raised $250 million in an August, 2019 IPO on Nasdaq with a focus on buying a company in the cannabis sector. HYFM Stock: 13 Things to Know About the Red-Hot Hydrofarm IPO InvestorPlace 20d Blank-check firm Silver Spike rallies 49% after merging with cannabis-tech platform Weedmaps Finder.com is an independent comparison platform and information service that aims to provide you with information to help you make better decisions. The merger agreement comes less than a week after the U.S. House of Representatives voted to decriminalize marijuana at the federal level, the first time either chamber of Congress has voted to end the federal ban on marijuana since the drug was listed as a "controlled substance" in 1970. It's impossible to predict how any stock will perform — and IPOs can be particularly volatile. We may rely on information that is provided to us. IBKR Lite offers $0 commissions, and IBKR Pro offers advanced tools for professional traders. Cannabis Stocks. Stocks, ETFs, Cryptocurrency. The acquired company then becomes public as a result of the merger and is an alternative to the traditional IPO process. Steps to owning and managing FDP, with 24-hour and historical pricing before you buy. Weedmaps stock is not yet available to purchase on any exchange. Steps to owning and managing MYFW, with 24-hour and historical pricing before you buy. SPACs are shell vehicles that use capital raised through an initial public offering to buy a private company, usually within two years. Stocks, Mutual funds, ETFs, Forex. We evaluate stock trading platforms against a range of metrics that include fees, ease of use, available securities and advanced tools to meet specific investor needs. To ensure you have the most up to date information, you should verify relevant information with the product or service provider and understand the information they provide. 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. If you are unsure, you should get independent advice before you apply for any product or commit to any plan. The valuation and the stock pop are a clear indication that investors are bullish on cannabis tech, warts and all. more. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. “Medical Marijuana Inc. is a very dubious stock,” says Weedmaps founder Justin Hartfield, now Chief Web Officer of General Cannabis. The deal to take Weedmaps public, which values the company at around $1.5 billion, is a rare example of a business focused on the cannabis sector listing on a U.S. stock exchange. That begins with a monthly charge of $500 to get the “Business-in-a-Box” package that includes a listing page, a place in the Weedmaps store, a stock and price management system, and fulfillment services. During the last decade, Weedmaps became one of the best-known cannabis brands and we are favorable on how the story has evolved during this time. Please tick the box if you wish to continue with newsletter subscription. The deal would come less than a week … Investing in proteomics is something with as much potential as genomics, perhaps even more. The dividend yield is a financial ratio that shows how much a company pays out in dividends each year relative to its stock price. The stock is up 125% since the merger finalized. QuantumScape, the electric battery developer was on fire again today, up around 30% in the day. We may also receive compensation if you click on certain links posted on our site. (Reporting by Joshua Franklin in Miami; Editing by Stephen Coates), WM Holding to List on Nasdaq Through Merger With Silver Spike Acquisition, Cannabis review site Weedmaps agrees $1.5 billion deal to go public, Silver Spike Acquisition Shares Halted, News Pending. A free way to invest in stocks, ETFs and crypto. ... Should the IPO proceed as planned, shares of Seer will trade under the ticker SEER. Stocks, Options, ETFs, Cryptocurrency. Consider opening a brokerage account today so you're ready as soon as the stock hits the market. 123.95k followers • 20 symbols Watchlist by Yahoo Finance. 32 East 31st Street, 4th Floor, The operator of U.S. online platform Weedmaps, where users rate cannabis sellers, is nearing a deal to go public at a $1.5 billion valuation through a … SPACs have emerged as an increasingly popular route to the stock market for private companies given that they can be completed more quickly than an IPO and there is greater certainty over the funds a company will raise. The company going public is Weedmaps, a cloud-based SaaS solutions provider of an end-to-end operating system for cannabis retailers. Dawn Daniels is a publisher with Finder, based out of Oregon. Silver Spike shares were indicated up 8.8% at $11.41 in premarket trading. Silver Spike is a special purpose acquisition company (SPAC), which raise funds in an initial public offering (IPO) with the aim of buying a private company. The operator of U.S. online platform Weedmaps, where users rate cannabis sellers, is nearing a deal to go public at a US$1.5 billion valuation through a merger with a … finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. Weedmaps parent WM Holding Co. going public via merger with Silver Spike Acquisition Corp. Weedmaps... by IPO Edge. Companies are unable to list shares in the United States if their business involves selling marijuana or is "plant touching," which Weedmaps is not. ... Buy weedmaps stock you can from brokers or on specialized sites. WM Holding is … Optional, only if you want us to follow up with you. Everything we know about the Apartment List IPO, plus information on how to buy in. $ 1.4 billion based on a $ 100 million cash balance with information to help make. For online stock, but we believe the first cannabis SPAC has now been announced company then becomes public a! 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