Cannabis related stocks tend t-To The Moon - Tiger Brokers Online Investing Community - To The Moon

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BearishBull
2022-03-20

Cannabis related stocks tend to be welcomed very well initially but most of them start to slump badly after just a few weeks of trading. More of a hype. But that being said, there is a large potential for cannabis related stocks to grow if they are managed properly.

US IPO Weekly Recap: Cannabis Micro-Cap Breaks the IPO Market's Dry Spell

A cannabis micro-cap broke the IPO market’s month-long dry spell this past week and became the lates

US IPO Weekly Recap: Cannabis Micro-Cap Breaks the IPO Market's Dry Spell

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HilaryWilde
·2022-03-20
大麻产业真的大有可为吗？
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- BearishBull:
  它可能有潜力，因为大多数将大麻合法化的地方只将其作为医疗用途合法化。这意味着它可能是医疗保健的一部分
  2022-03-20
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- HilaryWildeReplying toBearishBull:
  如果你考虑到这一点，这真的很迷人。
  2022-03-20
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MortimerDodd
·2022-03-20
I'm not bullish on these stocks even if the government strengthens management.
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- sunflower19:
  👍 thanks!
  2022-03-20
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Liang0020
·2022-03-20
No! I don't look to further increase in Cannabis industry because it's harmful to people's health.
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ElvisMarner
·2022-03-20
Morally, the fundamentals of marijuana stocks are destined to be bad.
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PandoraHaggai
·2022-03-20
To be honest I think it's hype as much as you do.
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小虎一只
·2022-03-20
K
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- KelvinChan:
  Ok
  2022-03-20
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One SPAC also priced in the slowest week for blank check IPOs since August. The pipeline saw a bit of activity, with two IPO and four SPACs submitting initial filings.</p><p><b>Akanda</b> (AKAN) raised $16 million at a $116 million market cap. The company plans to supply medicinal-grade cannabis products to wholesalers in international markets, with cultivation facilities in Southern Africa. Its operations are still early stage, and it has generated minimal revenue to date. Akanda traded down after its first day, finishing up 85%.</p><p>SPAC <b>Goldenstone Acquisition</b> (GDSTU) raised $50 million to acquire growth-oriented businesses with enterprise values between $150 million and $500 million.</p><p><img src=\"https://static.tigerbbs.com/f03d6705bf564e5da524c2a0e992cfd4\" tg-width=\"1412\" tg-height=\"294\" referrerpolicy=\"no-referrer\"/></p><p>Two IPOs submitted initial filings. Chinese toner cartridge maker <b>Planet Image International</b> (PLIM.RC) filed to raise $27 million, and diagnostics and PPE provider <b>Virax Biolabs</b> (VRAX) filed to raise $17 million.</p><p>Four SPACs filed led by tech-focused <b>Israel Acquisitions</b> (ISRLU) and energy-focused <b>VIKASA SPAC Series I Acquisition</b> (VSSAU), which both filed to raise $200 million.</p><p><img src=\"https://static.tigerbbs.com/60972ef980209591f58010e327a693ca\" tg-width=\"1411\" tg-height=\"601\" referrerpolicy=\"no-referrer\"/></p><p><b>IPO Market Snapshot</b></p><p>The Renaissance IPO Indices are market cap weighted baskets of newly public companies. As of 3/17/2022, the Renaissance IPO Index was down 27.3% year-to-date, while the S&amp;P 500 was down 7.1%. Renaissance Capital&#39;s IPO ETF (NYSE: IPO) tracks the index, and top ETF holdings include Uber Technologies (UBER) and Snowflake (SNOW). The Renaissance International IPO Index was down 23.9% year-to-date, while the ACWX was down 7.1%. Renaissance Capital’s International IPO ETF (NYSE: IPOS) tracks the index, and top ETF holdings include Volvo Car Group and Kuaishou.</p></body></html>","source":"lsy1603787993745","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US IPO Weekly Recap: Cannabis Micro-Cap Breaks the IPO Market's Dry Spell</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS IPO Weekly Recap: Cannabis Micro-Cap Breaks the IPO Market's Dry Spell\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-19 08:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.renaissancecapital.com/IPO-Center/News/91577/US-IPO-Weekly-Recap-Cannabis-micro-cap-breaks-the-IPO-markets-dry-spell><strong>Renaissance Capital</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A cannabis micro-cap broke the IPO market’s month-long dry spell this past week and became the latest small issuer to soar in its debut, popping 163% on its first day. One SPAC also priced in the ...</p>\n\n<a href=\"https://www.renaissancecapital.com/IPO-Center/News/91577/US-IPO-Weekly-Recap-Cannabis-micro-cap-breaks-the-IPO-markets-dry-spell\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DECAU":"Denali Capital Acquisition Corp",".IXIC":"NASDAQ Composite","GDSTU":"Goldenstone Acquisition Ltd.",".DJI":"道琼斯",".SPX":"S&P 500 Index","AKAN":"Akanda Corp"},"source_url":"https://www.renaissancecapital.com/IPO-Center/News/91577/US-IPO-Weekly-Recap-Cannabis-micro-cap-breaks-the-IPO-markets-dry-spell","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1197619871","content_text":"A cannabis micro-cap broke the IPO market’s month-long dry spell this past week and became the latest small issuer to soar in its debut, popping 163% on its first day. One SPAC also priced in the slowest week for blank check IPOs since August. The pipeline saw a bit of activity, with two IPO and four SPACs submitting initial filings.Akanda (AKAN) raised $16 million at a $116 million market cap. The company plans to supply medicinal-grade cannabis products to wholesalers in international markets, with cultivation facilities in Southern Africa. Its operations are still early stage, and it has generated minimal revenue to date. Akanda traded down after its first day, finishing up 85%.SPAC Goldenstone Acquisition (GDSTU) raised $50 million to acquire growth-oriented businesses with enterprise values between $150 million and $500 million.Two IPOs submitted initial filings. Chinese toner cartridge maker Planet Image International (PLIM.RC) filed to raise $27 million, and diagnostics and PPE provider Virax Biolabs (VRAX) filed to raise $17 million.Four SPACs filed led by tech-focused Israel Acquisitions (ISRLU) and energy-focused VIKASA SPAC Series I Acquisition (VSSAU), which both filed to raise $200 million.IPO Market SnapshotThe Renaissance IPO Indices are market cap weighted baskets of newly public companies. As of 3/17/2022, the Renaissance IPO Index was down 27.3% year-to-date, while the S&P 500 was down 7.1%. Renaissance Capital's IPO ETF (NYSE: IPO) tracks the index, and top ETF holdings include Uber Technologies (UBER) and Snowflake (SNOW). The Renaissance International IPO Index was down 23.9% year-to-date, while the ACWX was down 7.1%. 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not bullish on these stocks even if the government strengthens management.","text":"I'm not bullish on these stocks even if the government strengthens management.","html":"I'm not bullish on these stocks even if the government strengthens management.","likeSize":0,"commentSize":1,"subComments":[{"id":100886438,"commentId":"100886438","gmtCreate":1647736153618,"gmtModify":1663245395737,"authorId":4106158448616940,"author":{"id":4106158448616940,"idStr":"4106158448616940","authorId":4106158448616940,"name":"sunflower19","avatar":"https://static.itradeup.com/news/f2b81b440927ad671cd053689e3da178","vip":1,"currentWearingBadge":{"badgeId":"7a9f168ff73447fe856ed6c938b61789-1","templateUuid":"7a9f168ff73447fe856ed6c938b61789","name":"Knowledgeable Investor","description":"Traded more than 10 stocks","bigImgUrl":"https://static.tigerbbs.com/e74cc24115c4fbae6154ec1b1041bf47","smallImgUrl":"https://static.tigerbbs.com/d48265cbfd97c57f9048db29f22227b0","grayImgUrl":"https://static.tigerbbs.com/76c6d6898b073c77e1c537ebe9ac1c57","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.02.18","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1102},"hat":"https://static.tigerbbs.com/a3dee1aa3a3a3c1814833a4d3f8a5669","crmLevel":11,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9035777455,"objectIdStr":"9035777455","type":1,"supId":100885448,"supIdStr":"100885448","prevId":0,"prevIdStr":"0","content":"👍 thanks!","text":"👍 thanks!","html":"👍 thanks!","disclaimerType":0}],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0,"disclaimerType":0},{"id":100890562,"commentId":"100890562","gmtCreate":1647755009943,"gmtModify":1663245417741,"authorId":3479274772637387,"author":{"id":3479274772637387,"idStr":"3479274772637387","authorId":3479274772637387,"name":"Liang0020","avatar":"https://static.tigerbbs.com/b236fdccfdb0530242ae425de1d77179","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9035777455,"objectIdStr":"9035777455","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"No! I don't look to further increase in Cannabis industry because it's harmful to people's health.","text":"No! I don't look to further increase in Cannabis industry because it's harmful to people's health.","html":"No! I don't look to further increase in Cannabis industry because it's harmful to people's health.","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0,"disclaimerType":0},{"id":100885443,"commentId":"100885443","gmtCreate":1647731487772,"gmtModify":1663245392129,"authorId":9000000000000601,"author":{"id":9000000000000601,"idStr":"9000000000000601","authorId":9000000000000601,"name":"ElvisMarner","avatar":"https://static.tigerbbs.com/6feca155d0db09a740c96d3ac91f0628","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9035777455,"objectIdStr":"9035777455","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Morally, the fundamentals of marijuana stocks are destined to be bad.","text":"Morally, the fundamentals of marijuana stocks are destined to be bad.","html":"Morally, the fundamentals of marijuana stocks are destined to be bad.","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0,"disclaimerType":0},{"id":100885440,"commentId":"100885440","gmtCreate":1647731482172,"gmtModify":1663245391649,"authorId":9000000000000431,"author":{"id":9000000000000431,"idStr":"9000000000000431","authorId":9000000000000431,"name":"PandoraHaggai","avatar":"https://static.tigerbbs.com/1697f3f91fe5c84e7af6ee5dbdfb3d88","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9035777455,"objectIdStr":"9035777455","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"To be honest I think it's hype as much as you do.","text":"To be honest I think it's hype as much as you do.","html":"To be honest I think it's hype as much as you do.","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0,"disclaimerType":0},{"id":100884951,"commentId":"100884951","gmtCreate":1647725067427,"gmtModify":1663245391050,"authorId":3581981992184294,"author":{"id":3581981992184294,"idStr":"3581981992184294","authorId":3581981992184294,"name":"小虎一只","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":11,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9035777455,"objectIdStr":"9035777455","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"<u>K</u>","text":"<u>K</u>","html":"<u>K</u>","likeSize":0,"commentSize":1,"subComments":[{"id":100885079,"commentId":"100885079","gmtCreate":1647727451265,"gmtModify":1663245390563,"authorId":3570776252336545,"author":{"id":3570776252336545,"idStr":"3570776252336545","authorId":3570776252336545,"name":"KelvinChan","avatar":"https://static.tigerbbs.com/322f5dea7567e161ddef26aec462d83d","vip":1,"crmLevel":11,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9035777455,"objectIdStr":"9035777455","type":1,"supId":100884951,"supIdStr":"100884951","prevId":0,"prevIdStr":"0","content":"<u>Ok</u>","text":"<u>Ok</u>","html":"<u>Ok</u>","disclaimerType":0}],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0,"disclaimerType":0}],"hasMoreComment":true,"orderType":2}