The Next Multibagger

WM Holding Company could be the best pure technology play in this fast-growing industry. On December 10th, 2020, SPAC SSPK announced it was going to bring cannabis technology platform company WM Holding Company (WMH) public through a merger that will allow it to trade on the Nasdaq Stock Exchange. Unlike traditional companies in this space, it can trade on the Nasdaq unlike the OTC markets because it does not handle the goods itself.

Growers and producers typically face heavy fines, strict regulations, and low margins resulting in a volatile and risky investment. WM Holdings (WMH) is a technology and software company that serves as the technology backbone for many businesses. Weedmaps gives customers the information and tools to find cannabis brands, delivery services, dispensary storefronts, deals and medical marijuana doctors wherever they are.

The company was founded in 2008 with a strong belief in the power of cannabis and the importance of enabling safe, legal access to consumers worldwide. Since then, WMH has become the most comprehensive platform for consumers and building software solutions that power businesses compliantly in the space. WMH’s mission is to power a transparent and inclusive global cannabis economy.

Spacs have been taking off this year posting incredible gains and have become the the trendiest IPO route to take. Spacs, or special purpose acquisition companies, are formed to raise money through an initial public offering to buy another company. It feels like a new spac comes out other every day, and it's hard to keep up with and filter through them all. If you've been missing out on them this year, don't worry, today we'll be breaking down what I think could be one of the best SPACs of 2020. In this episode, we are going to be analyzing Weedmaps (SSPK), and will be breaking down if it's a great buy today.

After Xpeng's IPO on August 27, 2020, of 99.7 million shares for $15, we witnessed an insane run-up to an all-time high of $74.49 on November 23. As of today (December 10th), Xpeng's stock stands at $43.55, a drastic fall from grace only a month prior. In today's episode, we are going to be discussing Xpeng, what's affecting its stock price, and why I think it's a great investment for the long term. Headquartered in Guangzhou, Xpeng Motors is one of China’s leading smart electric vehicle (“EV”) companies. Xpeng designs, develops, manufactures, and markets smart EVs that are seamlessly integrated with advanced Internet, AI and autonomous driving technologies. Their mission is to transform smart electric vehicles with technology and data, shaping the mobility experience of the future.

2020 has seen amazing returns on IPO's and C3.AI could be the next to take off. C3.AI (ticker: AI) will hit the public market tomorrow, December 9th, 2020. Redwood City, California-based C3.ai was founded to develop a suite of machine learning software capabilities to help businesses make better decisions and optimize their operations and strategic activities. The proven C3 AI Suite provides comprehensive services to build enterprise-scale AI applications more efficiently and cost-effectively than alternative approaches. Join us for a deep dive into C3.AI and our take on it as a potential investment.

The Next Multibagger Intro 

Welcome to Stockfluent! In this show, we talk about stock market investing and break down opportunities to add to your portfolio. From diving into a company's financials to analyzing future growth and beyond, we’ll learn what it really means to be stock fluent.