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Upturn AI SWOT - About
Canna Global Acquisition Corp (CNGL)
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Upturn Advisory Summary
03/31/2025: CNGL (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Moderate Performance
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
Analysis of Past Performance
Type Stock | Historic Profit 2.55% | Avg. Invested days 96 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 03/31/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 90.72M USD | Price to earnings Ratio - | 1Y Target Price - |
Price to earnings Ratio - | 1Y Target Price - | ||
Volume (30-day avg) 6 | Beta -0.02 | 52 Weeks Range 9.90 - 11.99 | Updated Date 04/2/2025 |
52 Weeks Range 9.90 - 11.99 | Updated Date 04/2/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -0.01 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin - | Operating Margin (TTM) - |
Management Effectiveness
Return on Assets (TTM) -4.28% | Return on Equity (TTM) - |
Valuation
Trailing PE - | Forward PE - | Enterprise Value 93222548 | Price to Sales(TTM) - |
Enterprise Value 93222548 | Price to Sales(TTM) - | ||
Enterprise Value to Revenue - | Enterprise Value to EBITDA -51.52 | Shares Outstanding 2696660 | Shares Floating 1095459 |
Shares Outstanding 2696660 | Shares Floating 1095459 | ||
Percent Insiders 40.68 | Percent Institutions 30.44 |
Analyst Ratings
Rating - | Target Price - | Buy - | Strong Buy - |
Buy - | Strong Buy - | ||
Hold - | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Canna Global Acquisition Corp
Company Overview
History and Background
Canna Global Acquisition Corp. is a blank check company (SPAC) formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. It focuses on the cannabis industry.
Core Business Areas
- Special Purpose Acquisition Company (SPAC): The company's core activity is to identify and merge with an existing operating company, primarily in the cannabis sector. It doesn't have its own operations prior to a merger.
Leadership and Structure
Information regarding the leadership team and organizational structure of Canna Global Acquisition Corp. is difficult to obtain as it is a SPAC awaiting its first business combination. Details will become available after a merger.
Top Products and Market Share
Key Offerings
- SPAC IPO: Canna Global Acquisition Corp. offered shares to the public to raise capital for a future acquisition target. The 'product' is the opportunity for investors to participate in a future, yet-to-be-determined, cannabis business. Market share is irrelevant at this stage as it's a blank check company. Competitors are other SPACs targeting the cannabis industry.
Market Dynamics
Industry Overview
The cannabis industry is experiencing rapid growth and evolving regulatory landscapes globally. It includes cultivation, processing, distribution, and retail of cannabis products for medical and recreational use. Market dynamics are influenced by legalization trends, consumer demand, and competition.
Positioning
As a SPAC, Canna Global Acquisition Corp.'s position is that of a facilitator seeking to bring a cannabis company to the public market. Its competitive advantage depends on its management team's expertise, deal sourcing capabilities, and valuation expertise.
Total Addressable Market (TAM)
The global legal cannabis market is projected to reach hundreds of billions of dollars. Canna Global Acquisition Corp.'s positioning relative to TAM is dependent on the size and scope of the target company it acquires.
Upturn SWOT Analysis
Strengths
- Dedicated to Cannabis Industry
- Access to Capital through IPO
- Potential for High Growth through Merger
Weaknesses
- No Existing Operations
- Reliance on Finding a Suitable Acquisition Target
- Uncertainty Regarding Future Performance
- High Dilution for existing shareholders
Opportunities
- Growing Cannabis Market
- Potential for Legalization in New Regions
- Expansion into New Product Categories
- Mergers and Acquisitions
Threats
- Regulatory Uncertainty
- Competition from Established Cannabis Companies
- Market Volatility
- Inability to Complete Acquisition
Competitors and Market Share
Key Competitors
- None due to lack of information on actual target
Competitive Landscape
Competitive landscape involves other SPACs targeting similar cannabis businesses.
Major Acquisitions
Growth Trajectory and Initiatives
Historical Growth: N/A before acquisition.
Future Projections: Future growth depends entirely on the acquisition target's business plan and market conditions.
Recent Initiatives: Focus on identifying potential acquisition targets within the cannabis industry.
Summary
Canna Global Acquisition Corp. is a SPAC focused on merging with a cannabis company. Its success hinges on identifying and completing a value-creating acquisition. Regulatory uncertainties and competition within the cannabis market pose potential challenges. The performance of the acquired company will determine future growth and shareholder returns. The lack of information available limits the ability to make a full and fair analysis
Similar Companies
Sources and Disclaimers
Data Sources:
- SEC Filings
- Company Press Releases
- Industry Reports
Disclaimers:
Information is based on publicly available data and is subject to change. This analysis is not financial advice.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Canna Global Acquisition Corp
Exchange NYSE | Headquaters Marina Del Rey, CA, United States | ||
IPO Launch date 2022-01-21 | CEO & Director Mr. J. Gerald Combs | ||
Sector Financial Services | Industry Shell Companies | Full time employees - | Website |
Full time employees - | Website | ||
Canna-Global Acquisition Corp. does not have significant operations. The company intends to acquire and engage in a share exchange, share reconstruction, and amalgamation with one or more businesses or entities. It intends to focus its search of target business in the cannabis industry. The company was incorporated in 2021 and is based in Marina Del Rey, California.
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