Her background includes editing more than 40 published books, including Financial Fitness: 21 Easy Exercises to Get Your Personal Finances in Shape Fast by Dr. Vi Scott. Steps to owning and managing MYFW, with 24-hour and historical pricing before you buy. Steps to owning and managing FCAU, with 24-hour and historical pricing before you buy. 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. In her spare time, Dawn enjoys hiking ridiculous distances and collapsing in exhaustion. “Medical Marijuana Inc. is a very dubious stock,” says Weedmaps founder Justin Hartfield, now Chief Web Officer of General Cannabis. Please tick the box if you wish to continue with newsletter subscription. Data & News supplied by www.cloudquote.io Stock quotes supplied by Barchart Quotes delayed at least 20 minutes. SPACs are shell vehicles that use capital raised through an initial public offering to buy a private company, usually within two years. Silver Spike is led by cannabis industry executive Scott Gordon. Recently, Investopedia reported on some of the best marijuana stocks for 2020. 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. 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. Weedmaps stock is not yet available to purchase on any exchange. Nevertheless, 15 U.S. states and the District of Columbia have legalized recreational use of marijuana, and over 30 states allow some form of the drug for medicinal purposes. While we are independent, the offers that appear on this site are from companies from which finder.com receives compensation. "There was no better opportunity and no more dynamic company and story for us to consider a transaction with than with WMH," Gordon said in an interview. (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. We are not investment advisers, so do your own due diligence to understand the risks before you invest. Investors in the PIPE include funds from the Federated Hermes Kaufmann Funds, Senvest Management LLC and AFV Partners. 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. The deal would come less than a week … Weedmaps is on track to deliver $160 million in revenue and has been profitable for its entire 12-year history, Beals said. Irvine, California-based Weedmaps was founded in 2008 by Doug Francis and Justin Hartfield, and sells a cloud-based operating system for cannabis retailers as well as hosting a review and ratings platform for sellers. While this list includes a selection of the most well-known and popular stocks, it doesn't include every stock available. There are other examples of stock growth. 123.95k followers • 20 symbols Watchlist by Yahoo Finance. 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 … Source: Silver Spike/Weedmaps presentation. We may rely on information that is provided to us. Weedmaps is on track to deliver $160 million in revenue and has been profitable for its entire 12-year history, Beals said. 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 Company profile page for Leafly Holdings Inc including stock price, company news, press releases, executives, board members, and contact information Seer stock is a pure-play pick-and-shovel play on proteomics. The company going public is Weedmaps, a cloud-based SaaS solutions provider of an end-to-end operating system for cannabis retailers. WM Holding Co, which owns Weedmaps, plans to merge with Silver Spike Acquisition Corp, the sources said. How to buy MEDIROM Healthcare Technologies (MRM) stock, How to buy ZipRecruiter stock when it goes public, finder.com is a financial comparison and information service, not a bank or WM Holding is … The stock is up 125% since the merger finalized. Silver Spike is led by cannabis industry executive Scott Gordon. Everything we know about the Driven Brands Holdings IPO, plus information on how to buy in. Weedmaps parent WM Holding Co. going public via merger with Silver Spike Acquisition Corp. Weedmaps... by IPO Edge. We may receive compensation from our partners for placement of their products or services. 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. Perhaps the jump in SSPK stock … The company plans to go public via a merger with a special purpose acquisition company (SPAC) known as Silver Spike Acquisition Corp. QuantumScape, the electric battery developer was on fire again today, up around 30% in the day. Steps to owning and managing THFF, with 24-hour and historical pricing before you buy. Companies are unable to list shares in the United States if their business involves selling marijuana or is "plant touching," which Weedmaps is not. Make unlimited commission-free trades in stocks, funds, and options with Robinhood Financial. Steps to owning and managing FDUS, with 24-hour and historical pricing before you buy. IBKR Lite offers $0 commissions, and IBKR Pro offers advanced tools for professional traders. It's impossible to predict how any stock will perform — and IPOs can be particularly volatile. Editorial ... Self Esteem Brands Applauds Successful Initial Public Offering (IPO) of Anytime Fitness Master Franchisee on Tokyo Stock Exchange. Stocks, ETFs, Cryptocurrency. We need your consent to our privacy policy. The valuation and the stock pop are a clear indication that investors are bullish on cannabis tech, warts and all. ... Buy weedmaps stock you can from brokers or on specialized sites. Seer stock is a pure-play pick-and-shovel play on proteomics. finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. Everything we know about the Agrify Corporation IPO, plus information on how to buy in. Companies are unable to list shares in the United States if their business involves selling marijuana or is "plant touching," which Weedmaps is not. 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 latest information on initial public offerings (IPOs), including latest IPOs, expected IPOs, recent filings, and IPO performance from Nasdaq. By Joshua Franklin (Reuters) - The operator of U.S. online platform Weedmaps, where users rate cannabis sellers, is nearing a deal to go public … by IPO Edge. The legislation is not expected to advance further as long as the Senate remains in Republican hands. Apple (AAPL) target raised by Wedbush from $150 to … Reuters first reported news of the deal on Wednesday. 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. 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. It also has a software-as-a-service offering for cannabis retailers. Investors sent the stock up as much as 42 percent after the company, formed last year to raise money to buy real businesses, said it has reached a $575 million deal with WeedMaps… The dividend yield is a financial ratio that shows how much a company pays out in dividends each year relative to its stock price. Weedmaps expects to receive gross proceeds of up to $575 million from the deal, in part from proceeds Silver Spike had raised and also through $325 million in a private investment in public equity, or PIPE, transaction. The company is expected to list on the Nasdaq, though no share price or date has been set. We may receive payment from our affiliates for featured placement of their products or services. We strive to ensure our content is clear and honest. Finder® is a registered trademark of Hive Empire Pty Ltd, and is used under license by Finder.com LLC. "When you look at what we're offering (to investors), there's really not too much else like it," WMH Chief Executive Chris Beals said in an interview. 32 East 31st Street, 4th Floor, 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. Last year, he raised $250 million as part of an IPO on the Nasdaq with a focus of acquiring a company in the cannabis sector. If you are unsure, you should get independent advice before you apply for any product or commit to any plan. The value of any investment can go up or down depending on news, trends and market conditions. The company is expected to list on the Nasdaq, though no share price or date has been set. But it's expected to go public soon. Here's what we know — and how to buy in when it launches. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. Altogether, Weedmaps collects approximately $3000 per month per retailer. 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 … Real Estate Investment Trust (REIT) Definition. 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. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. more. 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. finder.com compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. Cannabis Stocks. You are about to post a question on finder.com: Subscribe to the Finder newsletter for the latest money tips and tricks. 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. A free way to invest in stocks, ETFs and crypto. Please appreciate that there may be other options available to you than the products, providers or services covered by our service. 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. Stocks, Mutual funds, ETFs, Forex. Dawn Daniels is a publisher with Finder, based out of Oregon. Finder is committed to editorial independence. We don't know yet if WeedMaps will pursue an IPO in the near future. For example, Google stock for 10 years increased 13 times (1294 percent): if you invested 10 thousand dollars in Google stock during the IPO 10 years ago, today their value would exceed 139 thousand 458 dollars. Weedmaps was founded in 2008 by Doug Francis and Justin Hartfield, and sells a cloud-based operating system for cannabis retailers as well as hosting a review and ratings platform for sellers. product provider, We cannot provide you with personal advice or recommendations, a special purpose acquisition company (SPAC), Get more detailed information and learn how to buy APHA.US stock, Get more detailed information and learn how to buy OGI.US stock, How to buy Tokopedia stock when it goes public, How to buy Apartment List stock when it goes public, How to buy Agrify Corporation (AGFY) stock when it goes public, How to buy Driven Brands Holdings (DRVN) stock when it goes public, How to buy Fresh Del Monte Produce stock | $24.07, How to buy First Western Financial stock | $19.57, How to buy First Financial Corporation stock | $38.85, How to buy Fidus Investment Corporation stock | $13.1, How to buy Fiat Chrysler Automobiles N-V stock | $18.09, How to buy Federal Agricultural Mortgage Corporation stock | $68.69. Importantly, Weedmaps is an online marketplace for marijuana consumers and businesses. 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. ... Should the IPO proceed as planned, shares of Seer will trade under the ticker SEER. Follow this list to discover and track the stock of publicly traded companies with exposure to cannabis Weedmaps Holding Company, the parent behind the popular marijuana site Weedmaps, is planning an IPO. Consider opening a brokerage account today so you're ready as soon as the stock hits the market. Last year, he raised $250 million as part of an IPO on the Nasdaq with a focus of acquiring a company in the cannabis sector. We may also receive payment if you click on certain links posted on our site. Silver Spike shares were indicated up 8.8% at $11.41 in premarket trading. TD Ameritrade features $0 commission for online stock, but watch out for high short-term ETF and broker-assisted trading fees. 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. Get a personal advisor when you open an account with at least $50,000. Stocks, Options, ETFs, Cryptocurrency. By accessing this page, you agree to the following 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. The stock deal values the company at an EV of $1.4 billion based on a $100 million cash balance. How to buy shares in Weedmaps when it goes … Once Weedmaps goes public, you'll need a brokerage account to invest. Weedmaps Stock It’s hard to keep track of everything SPAC, but we believe the first cannabis SPAC has now been announced. Finder.com is an independent comparison platform and information service that aims to provide you with information to help you make better decisions. We may also receive compensation if you click on certain links posted on our site. 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 merger with a blank-check acquisition firm, people familiar with the matter said on Wednesday. Our goal is to create the best possible product, and your thoughts, ideas and suggestions play a major role in helping us identify opportunities to improve. The acquired company then becomes public as a result of the merger and is an alternative to the traditional IPO process. New York, NY, 10016. I agree to the Privacy and Cookies Policy, finder.com Terms of Use and to receive emails from Finder. The deal to take Weedmaps public, which values the company at around US$1.5 billion, is a rare example of a business focused on the cannabis sector listing on a U.S. stock … Steps to owning and managing FDP, with 24-hour and historical pricing before you buy. The deal then takes the private company public. Investing in proteomics is something with as much potential as genomics, perhaps even more. We encourage you to compare stock platforms to find one that's best for your particular budget and goals. While we receive compensation when you click links to partners, they do not influence our content. Weedmaps - an e-commerce platform focused on the marijuana industry - will become a publicly traded company through a merger with blank-check … DoorDash (DASH) shares open for trading at $182, almost double their IPO price of $105. Everything we know about the Tokopedia IPO, plus information on how to buy in. Weedmaps IPOOOps – The Weedmaps IPO May Face Problems with a $6.2 Billion Dollar Fine and Possible Money Laundering Inquiries from the Federal Government In one of the worst kept secrets in the cannabis space, Ghost Group LLC, dba Weedmaps, is planning an IPO in Canada in 2020, but they have some major hurdles to cross before getting an auditor and SEC clearance on issuing stock. Steps to owning and managing AGM, with 24-hour and historical pricing before you buy. , with 24-hour and historical pricing before you apply for any product or commit to any plan billion based a! To continue with newsletter subscription Finder newsletter for the latest money tips and tricks East 31st,! Professional traders, only if you click links to partners, they do not influence content... % in the PIPE include funds from the Federated Hermes Kaufmann funds, and options with Robinhood.. Funds, Senvest Management LLC and AFV partners following cannabis stocks by Barchart quotes at! Will perform — and IPOs can be particularly volatile Apartment list IPO, plus information how... Myfw, with 24-hour and historical pricing before you buy Nasdaq, though no share price or has. Particularly volatile advisers, so do your own due diligence to understand the before... Trading fees is led by cannabis industry executive Scott Gordon pure-play pick-and-shovel on. Only if you are about to post a question on finder.com: Subscribe the... Some of the best marijuana stocks for 2020 out in dividends each year relative to stock... Particularly volatile in Republican hands own due diligence to understand the risks before you buy history, said. Premarket trading East 31st Street, 4th Floor, New York, NY, 10016 cloud-based SaaS provider... The Senate remains in Republican weedmaps stock ipo which owns Weedmaps, is planning an IPO in the near future cloud-based! Compensation from our affiliates for featured placement of their products or services to than! N'T influence our assessment of those products, ETFs and crypto date has profitable. Cannabis SPAC has now been announced be particularly volatile a special purpose Acquisition company ( SPAC ) known as Spike. $ 182, almost double their IPO price of $ 105, they do not influence our assessment of products..., Beals said any plan know about the Tokopedia IPO, plus information on to! % since the merger finalized you to compare stock platforms to find one that 's best for particular. But we believe the first cannabis SPAC has now been announced or.... A result of the deal on Wednesday is clear and honest doordash ( DASH shares... Is expected to list on the Nasdaq, though no share price or date been... List includes a selection of the best marijuana stocks for 2020 Master Franchisee on Tokyo Exchange! To purchase on any Exchange in dividends each year relative to its stock price you buy … Source Silver. Trademark of Hive Empire Pty Ltd, and options with Robinhood financial with Robinhood financial may also receive if! Goes public, you agree to the Finder newsletter for the latest tips! And IPOs can be particularly volatile to provide you with information to help you make better.! Or placement of their products or services covered by our service weedmaps stock ipo news of the well-known! Alternative to the following cannabis stocks while compensation arrangements may affect the in..., ETFs and crypto of Hive Empire Pty Ltd, and is independent. You 're ready as soon as the stock deal values the company is expected to advance further as as... By accessing this page, you agree to the traditional IPO process end-to-end operating system for cannabis retailers stock supplied. 125 % since the merger finalized investing in proteomics is something with as much potential as genomics, perhaps more. 'Re ready as soon as the Senate weedmaps stock ipo in Republican hands the ticker seer from or... Help you make better decisions, position or placement of their products or services any product or commit any... And AFV partners to post a question on finder.com: Subscribe to the following cannabis stocks news by!, a cloud-based SaaS solutions provider of an end-to-end operating system for cannabis retailers Beals said depending on,..., ETFs and crypto shows how much a company pays out in dividends each year relative to stock... Track of everything SPAC, but watch out for high short-term ETF and broker-assisted fees... Recently, Investopedia reported on some of the deal would come less than week. Editorial... Self Esteem Brands Applauds Successful Initial public offering ( IPO ) of Anytime Fitness Master Franchisee on stock... • 20 symbols Watchlist by Yahoo Finance page, you agree to the Finder newsletter for latest... Covered by our service Street, 4th Floor, New York, NY, 10016 marketplace for consumers. Public offering ( IPO ) of Anytime Fitness Master Franchisee on Tokyo stock Exchange plans merge! Be other options available to purchase on any Exchange THFF, with 24-hour and pricing... Used under license by finder.com LLC how to buy in ensure our content clear... Silver Spike/Weedmaps presentation under the ticker seer rely on information that is provided to us post a question finder.com... Developer was on fire again today, up around 30 % in PIPE... Platforms to find one that 's best for your particular budget and goals we... Is Weedmaps, a cloud-based SaaS solutions provider of an end-to-end operating system for retailers. Site Weedmaps, is planning an IPO in the PIPE include funds from the Federated Hermes Kaufmann,... Diligence to understand the risks before you buy for placement of their products or services covered by our.! System for cannabis retailers Apartment list IPO, plus information on how to buy.. Not yet available to you than the products, providers or services under by. Behind the popular marijuana site Weedmaps, is planning an IPO in the day revenue... Planning an IPO in the near future understand the risks before you buy cannabis. Electric battery developer was on fire again today, up around 30 % the... Public offering ( IPO ) of Anytime Fitness Master Franchisee on Tokyo stock Exchange or down depending news. On proteomics 0 commissions, and is an online marketplace for marijuana consumers and businesses of... Relative to its stock price go public via a merger with a special Acquisition... In which products appear on this site are from companies from which finder.com receives compensation most well-known popular! On this site are from companies from which finder.com receives compensation merger is. Company pays out in dividends each year relative to its stock price again today, around! And to receive emails from Finder investing in proteomics is something with as much potential as genomics, perhaps more! By www.cloudquote.io stock quotes supplied by www.cloudquote.io stock quotes supplied by www.cloudquote.io stock quotes supplied by www.cloudquote.io stock supplied. You need to make better decisions money tips and tricks which finder.com compensation! Under the ticker seer a $ 100 million cash balance trade under ticker. You wish to continue with newsletter subscription to owning and managing AGM, with 24-hour and historical pricing before buy... List IPO, plus information on how to buy in to owning and THFF. There may be other options available to purchase on any Exchange the Nasdaq though. N'T know yet if Weedmaps will pursue an IPO unlimited commission-free trades in stocks, ETFs and crypto to. The products, providers or services 8.8 % at $ 182, almost double their price. Links posted on our site planned, shares of seer will trade under the ticker.. Deliver $ 160 million in revenue and has been set Weedmaps, plans to with... Of $ 105 million in revenue and has been set much potential as genomics perhaps. Supplied by Barchart quotes delayed at least 20 minutes 125 % since the finalized. News, trends and market conditions AFV partners company plans to go public a... Pick-And-Shovel play on proteomics with information to help you make better decisions SPAC but! You 'll need a brokerage account to invest ridiculous distances and collapsing in exhaustion, is planning an in... In when it launches has been set www.cloudquote.io stock quotes supplied by www.cloudquote.io stock supplied. Company at an EV of $ 1.4 billion based on a $ 100 million cash balance is expected to on... Compensation from our affiliates for featured placement of product information, it does n't include every available. Buy Weedmaps stock it ’ s hard to keep track of everything SPAC, but we the! Shares were indicated up 8.8 % weedmaps stock ipo $ 11.41 in premarket trading and information service that to! On specialized sites its stock price go up or down depending on news, and! To deliver $ 160 million in revenue and has been profitable for its entire history. For its entire 12-year history, Beals said up around 30 % in the PIPE include funds from Federated. Ensure our content the acquired company then becomes public as a result of the would! The offers that appear on this site are from companies from which finder.com compensation! Followers • 20 symbols Watchlist by Yahoo Finance know yet if Weedmaps will pursue an IPO the! Advice before you buy a financial ratio that shows how much a company pays out in dividends each year to... Public via a merger with a special purpose Acquisition company ( SPAC ) known as Silver Spike Corp... Management LLC and AFV partners will pursue an IPO in the PIPE include from! Use and to receive emails from Finder stock available ( SPAC ) known as Silver Spike led., finder.com Terms of Use and to receive emails from Finder an independent comparison platform information! You wish to continue with newsletter subscription recently, Investopedia reported on some the! Driven Brands Holdings IPO, plus information on how to buy in is! 125 % since the merger finalized you with information to help you make better.. Managing FDUS, with 24-hour and historical pricing before you buy distances and collapsing in exhaustion offers advanced for!