SPACs have been one of the hottest investment stories of 2020. The blank check, reverse merger vehicles have taken numerous private companies as well as former public companies public on major exchanges.
Here is a look at some SPACs that are taking cannabis companies public or have listed cannabis as their target search area.
Silver Spike Acquisition Silver Spike Acquisition (NASDAQ:SSPK).
WM Holdings, the parent company of Weedmaps, operates in nine countries and offers solutions for users and businesses.
Weedmaps has 10 million monthly active users and offers listings for more than 18,000 businesses. Over the last twelve months, gross merchandise volume was $1.5 billion for the company. Weedmaps has 60 million monthly engagements.