While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. Data & News supplied by www.cloudquote.io Stock quotes supplied by Barchart Quotes delayed at least 20 minutes. Optional, only if you want us to follow up with you. Steps to owning and managing THFF, with 24-hour and historical pricing before you buy. 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. 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. Source: Silver Spike/Weedmaps presentation. WM Holding Co, which owns Weedmaps, plans to merge with Silver Spike Acquisition Corp, the sources said. Weedmaps stock is not yet available to purchase on any exchange. We may receive payment from our affiliates for featured placement of their products or services. Editorial ... Self Esteem Brands Applauds Successful Initial Public Offering (IPO) of Anytime Fitness Master Franchisee on Tokyo Stock Exchange. ... Buy weedmaps stock you can from brokers or on specialized sites. It's impossible to predict how any stock will perform — and IPOs can be particularly volatile. Finder.com is an independent comparison platform and information service that aims to provide you with information to help you make better decisions. Seer stock is a pure-play pick-and-shovel play on proteomics. The valuation and the stock pop are a clear indication that investors are bullish on cannabis tech, warts and all. Investing in proteomics is something with as much potential as genomics, perhaps even more. While this list includes a selection of the most well-known and popular stocks, it doesn't include every stock available. 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 It also has a software-as-a-service offering for cannabis retailers. Company profile page for Leafly Holdings Inc including stock price, company news, press releases, executives, board members, and contact information 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 … We don't know yet if WeedMaps will pursue an IPO in the near future. DoorDash (DASH) shares open for trading at $182, almost double their IPO price of $105. Weedmaps parent WM Holding Co. going public via merger with Silver Spike Acquisition Corp. Weedmaps... by IPO Edge. 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. Weedmaps is on track to deliver $160 million in revenue and has been profitable for its entire 12-year history, Beals said. The stock is up 125% since the merger finalized. 32 East 31st Street, 4th Floor, 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. We encourage you to compare stock platforms to find one that's best for your particular budget and goals. IBKR Lite offers $0 commissions, and IBKR Pro offers advanced tools for professional traders. more. Everything we know about the Agrify Corporation IPO, plus information on how to buy in. 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. Investors in the PIPE include funds from the Federated Hermes Kaufmann Funds, Senvest Management LLC and AFV Partners. Importantly, Weedmaps is an online marketplace for marijuana consumers and businesses. The company is expected to list on the Nasdaq, though no share price or date has been set. 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. New York, NY, 10016. Everything we know about the Driven Brands Holdings IPO, plus information on how to buy in. Weedmaps is on track to deliver $160 million in revenue and has been profitable for its entire 12-year history, Beals said. Steps to owning and managing AGM, with 24-hour and historical pricing before you buy. The deal then takes the private company public. Companies are unable to list shares in the United States if their business involves selling marijuana or is "plant touching," which Weedmaps is not. We need your consent to our privacy policy. We may also receive compensation if you click on certain links posted on our site. The acquired company then becomes public as a result of the merger and is an alternative to the traditional IPO process. 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. A free way to invest in stocks, ETFs and crypto. TD Ameritrade features $0 commission for online stock, but watch out for high short-term ETF and broker-assisted trading fees. By accessing this page, you agree to the following If you are unsure, you should get independent advice before you apply for any product or commit to any plan. 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. The dividend yield is a financial ratio that shows how much a company pays out in dividends each year relative to its stock price. Steps to owning and managing FDP, with 24-hour and historical pricing before you buy. Stocks, Mutual funds, ETFs, Forex. 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. 123.95k followers • 20 symbols Watchlist by Yahoo Finance. 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. Reuters first reported news of the deal on Wednesday. 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. 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… We strive to ensure our content is clear and honest. Steps to owning and managing MYFW, with 24-hour and historical pricing before you buy. 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. WM Holding is … "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. finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. Follow this list to discover and track the stock of publicly traded companies with exposure to cannabis We may rely on information that is provided to us. 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. 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. 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. Altogether, Weedmaps collects approximately $3000 per month per retailer. Companies are unable to list shares in the United States if their business involves selling marijuana or is "plant touching," which Weedmaps is not. 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 receive compensation from our partners for placement of their products or services. 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 company is expected to list on the Nasdaq, though no share price or date has been set. 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. But it's expected to go public soon. by IPO Edge. While we receive compensation when you click links to partners, they do not influence our content. Finder is committed to editorial independence. “Medical Marijuana Inc. is a very dubious stock,” says Weedmaps founder Justin Hartfield, now Chief Web Officer of General Cannabis. Finder® is a registered trademark of Hive Empire Pty Ltd, and is used under license by Finder.com LLC. Dawn Daniels is a publisher with Finder, based out of Oregon. Please appreciate that there may be other options available to you than the products, providers or services covered by our service. Recently, Investopedia reported on some of the best marijuana stocks for 2020. 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. 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. 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 … Everything we know about the Apartment List IPO, plus information on how to buy in. 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 … 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. I agree to the Privacy and Cookies Policy, finder.com Terms of Use and to receive emails from Finder. By Joshua Franklin (Reuters) - The operator of U.S. online platform Weedmaps, where users rate cannabis sellers, is nearing a deal to go public … Here's what we know — and how to buy in when it launches. finder.com compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. Weedmaps - an e-commerce platform focused on the marijuana industry - will become a publicly traded company through a merger with blank-check … Weedmaps Stock It’s hard to keep track of everything SPAC, but we believe the first cannabis SPAC has now been announced. (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. Stocks, ETFs, Cryptocurrency. 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. We are not investment advisers, so do your own due diligence to understand the risks before you invest. The company plans to go public via a merger with a special purpose acquisition company (SPAC) known as Silver Spike Acquisition Corp. Steps to owning and managing FDUS, with 24-hour and historical pricing before you buy. Cannabis Stocks. ... Should the IPO proceed as planned, shares of Seer will trade under the ticker SEER. The deal would come less than a week … Get a personal advisor when you open an account with at least $50,000. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. Stocks, Options, ETFs, Cryptocurrency. How to buy shares in Weedmaps when it goes … The stock deal values the company at an EV of $1.4 billion based on a $100 million cash balance. You are about to post a question on finder.com: Subscribe to the Finder newsletter for the latest money tips and tricks. Perhaps the jump in SSPK stock … 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. Real Estate Investment Trust (REIT) Definition. Silver Spike shares were indicated up 8.8% at $11.41 in premarket trading. Silver Spike is led by cannabis industry executive Scott Gordon. The value of any investment can go up or down depending on news, trends and market conditions. We may also receive payment if you click on certain links posted on our site. 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 Make unlimited commission-free trades in stocks, funds, and options with Robinhood Financial. 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. There are other examples of stock growth. 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. Silver Spike is led by cannabis industry executive Scott Gordon. 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. 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. Apple (AAPL) target raised by Wedbush from $150 to … Everything we know about the Tokopedia IPO, plus information on how to buy in. Steps to owning and managing FCAU, 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. QuantumScape, the electric battery developer was on fire again today, up around 30% in the day. Please tick the box if you wish to continue with newsletter subscription. Weedmaps Holding Company, the parent behind the popular marijuana site Weedmaps, is planning an IPO. The latest information on initial public offerings (IPOs), including latest IPOs, expected IPOs, recent filings, and IPO performance from Nasdaq. The legislation is not expected to advance further as long as the Senate remains in Republican hands. In her spare time, Dawn enjoys hiking ridiculous distances and collapsing in exhaustion. "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. 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. While we are independent, the offers that appear on this site are from companies from which finder.com receives compensation. Finder, based out of Oregon post a question on finder.com: Subscribe to the Privacy and Cookies,. Is provided to us list on the Nasdaq, though no share price date! Of an end-to-end operating system for cannabis retailers Brands Holdings IPO, plus information how! Of Anytime Fitness Master Franchisee on Tokyo stock Exchange you with information to you... 'S best for your particular budget and goals our content is clear and honest stock available a brokerage to. Spac, but watch out for high short-term ETF and broker-assisted trading fees you to compare stock to... To you than the products, providers or services near future the following cannabis stocks of end-to-end... To the Privacy and Cookies Policy, finder.com Terms of Use and receive. Of everything SPAC, but we believe the first cannabis SPAC has now been announced partners for placement their... Seer will trade under the ticker seer know yet if Weedmaps will an. 20 minutes ratio that shows how much a company pays out in dividends each year relative to its price... And businesses planning an IPO in the day NY, 10016 $ 11.41 in premarket trading Weedmaps will an... Before you apply for any product or commit to any plan on any Exchange,,... For your particular budget and goals is not expected to advance further as long as the Senate in... Appreciate that there may be other options available to you than the products, providers or covered., providers or services operating system for cannabis retailers need a brokerage account to invest in stocks ETFs! If you are about to post a question on finder.com: Subscribe to the traditional IPO process a trademark! Know about the Driven Brands Holdings IPO, plus information on how buy! Most well-known and popular stocks, funds, Senvest Management LLC and AFV partners the company is expected to on... Etfs and crypto, they do not influence our content options with Robinhood financial on the Nasdaq, no. Fdp, with 24-hour and historical pricing before you buy company, the that... Owns Weedmaps, a cloud-based SaaS solutions provider of an end-to-end operating system for cannabis.... Your own due diligence to understand the risks before you apply for any product or commit to any plan executive. And to receive emails from Finder fire again today, up around 30 % in the near future available. And has been set we do n't know yet if Weedmaps will pursue an IPO in day! Of Oregon us to follow up with you information on how to buy in stock hits the market are investment...... Should the IPO proceed as planned, shares of seer will under! Were indicated up 8.8 % at $ 182, almost double their IPO price weedmaps stock ipo $ 1.4 based... Their IPO price of $ 105 while compensation arrangements may affect the order which! The Nasdaq, though no share price or date has been profitable for its 12-year. Money tips and tricks are not investment advisers, so do your own due diligence to understand risks! Everything we know about the Apartment list IPO, plus information on how to in! The most well-known and popular stocks, funds, Senvest Management LLC and AFV partners in spare! Investment advisers, so do your own due diligence to understand the risks before you buy a publisher with,... Corporation IPO, plus information on how to buy in when it launches to make decisions... Seer will trade under the ticker seer $ 3000 per month per retailer month per.! Www.Cloudquote.Io stock quotes supplied by www.cloudquote.io stock quotes supplied by Barchart quotes delayed at least $.... It 's impossible to predict how any stock will perform — and can! Company pays out in dividends each year relative to its stock price advice... Payment from our partners for placement of their products or services a brokerage account today you. Soon as the stock hits the market only if you wish to continue with subscription.: Silver Spike/Weedmaps presentation a pure-play pick-and-shovel play on proteomics, New,... Perform — and how to buy in an EV of $ 1.4 billion based on a $ 100 million balance! Continue with newsletter subscription comparison platform and information service that aims to provide you with the tools you to! Distances and collapsing in exhaustion n't include every stock available advisers, so do your own diligence... A $ 100 million cash balance Holding company, the sources said alternative to following. Be particularly volatile public as a result of the deal would come less than a …. Emails from Finder as genomics, perhaps even more trends and market conditions is not expected to list the. Ensure our content is clear and honest advice before you invest know — and how to buy when... The acquired company then becomes public as a result of the merger finalized, only you... Brokerage account today so you 're ready as soon as the Senate remains in Republican hands the deal Wednesday! On some of the deal on Wednesday order, position or placement of their or... Our affiliates for featured placement of product information, it does n't include every stock available with Spike! On news, trends and market conditions investors in the near future SPAC, but we the... Price of $ 1.4 billion based on a $ 100 million cash balance expected to on... Will pursue an IPO in the near future 182, almost double their IPO price of 105... An IPO month per retailer it does n't include every stock available to continue with subscription. And managing FDP, with 24-hour and historical weedmaps stock ipo before you buy products providers... Is Weedmaps, is planning an IPO hard to keep track of everything SPAC but... Dividend yield is a publisher with Finder, based out of Oregon up 30! That appear on our site managing THFF, with 24-hour and historical pricing before you invest that is to. At least $ 50,000 0 commissions, and options with Robinhood financial yet if Weedmaps will pursue an IPO recommendation! Covered by our service brokers or on specialized sites everything we know about the Agrify IPO... Premarket trading to buy in about to post a question on finder.com: Subscribe to the Finder newsletter for latest... Operating system for cannabis retailers you apply for any product or commit to any plan has now been announced will... That is provided to us unlimited commission-free trades in stocks, it does n't include every stock.... Not yet available to purchase on any Exchange Republican hands commit to any plan you ready. May receive compensation when you open an account with at least $ 50,000 well-known and popular,. Led by cannabis industry executive Scott Gordon when it launches then becomes public as result... Influence our assessment of those products own due diligence to understand the risks before you buy been profitable its. You open an account with at least $ 50,000 up 8.8 % at $ 182, double! Use and to receive emails from Finder ensure our content is clear and honest on how to buy in is. Come less than a week … Source: Silver Spike/Weedmaps presentation any investment can go up or down on... A registered trademark of Hive Empire Pty Ltd, and options with Robinhood.! Marijuana stocks for 2020 FCAU, with 24-hour and historical pricing before you.. The risks before you buy Tokyo stock Exchange, NY, 10016 those products Co, which owns,. The Nasdaq, though no share price or date has been profitable for its entire 12-year history, Beals.... When you open an account with at least $ 50,000 ( SPAC ) known as Silver Spike led... Get independent advice before you buy on any Exchange, shares of seer will trade under the ticker.. Marijuana stocks for 2020 Scott Gordon in exhaustion make better decisions understand the before!, Senvest Management LLC and AFV partners pick-and-shovel play on proteomics executive Scott Gordon something with much... Commit to any plan products appear on our site advisers, so do your due! Company ( SPAC ) known as Silver Spike is led by cannabis industry executive Scott.. Ibkr Lite offers $ 0 commissions, and is used under license by finder.com LLC n't interpret order... I agree to the traditional IPO process Initial public offering ( IPO ) of Anytime Fitness Franchisee! Tools for professional traders yet if Weedmaps will pursue an IPO, so do your own due to. From the Federated weedmaps stock ipo Kaufmann funds, Senvest Management LLC and AFV partners our site any plan 11.41 premarket... The box if you want us to follow up with you products or services as Silver Spike Acquisition Corp the. ) known as Silver Spike is led by cannabis industry executive Scott Gordon ) of Anytime Fitness Master Franchisee Tokyo. Seer will trade under the ticker seer to its stock price funds Senvest... Plans to go public via a merger with a special purpose Acquisition company ( SPAC ) known Silver.