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CNGL
Upturn stock ratingUpturn stock rating

Canna Global Acquisition Corp (CNGL)

Upturn stock ratingUpturn stock rating
$10.74
Last Close (24-hour delay)
upturn advisory
PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

06/27/2025: CNGL (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

1 Year Target Price $0

1 Year Target Price $0

Analysts Price Target For last 52 week
$0Target price
Low$
Current$10.74
high$

Analysis of Past Performance

Type Stock
Historic Profit -3.37%
Avg. Invested days 54
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 1.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 06/27/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 59.13M USD
Price to earnings Ratio -
1Y Target Price -
Price to earnings Ratio -
1Y Target Price -
Volume (30-day avg) -
Beta -0.06
52 Weeks Range 10.00 - 11.49
Updated Date 06/29/2025
52 Weeks Range 10.00 - 11.49
Updated Date 06/29/2025
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 -

ai summary icon Upturn AI SWOT

Canna Global Acquisition Corp

stock logo

Company Overview

overview logo History and Background

Canna Global Acquisition Corp is a special purpose acquisition company (SPAC) formed to acquire a company in the cannabis industry.

business area logo Core Business Areas

  • SPAC Formation: Focuses on identifying and merging with a target company in the cannabis sector to bring it public.

leadership logo Leadership and Structure

The leadership team consists of individuals with experience in investment banking and the cannabis industry. It follows a typical SPAC structure with a board of directors and management team.

Top Products and Market Share

overview logo Key Offerings

  • SPAC IPO: Raising capital through an initial public offering to fund a future acquisition in the cannabis industry. Competitors are other SPACs in the cannabis space.

Market Dynamics

industry overview logo Industry Overview

The cannabis industry is rapidly evolving with increasing legalization, growing consumer demand, and expanding investment opportunities.

Positioning

Canna Global Acquisition Corp aims to capitalize on growth opportunities by acquiring a high-potential cannabis business. SPACs compete against traditional IPOs or direct listings.

Total Addressable Market (TAM)

The global cannabis market is projected to reach hundreds of billions of dollars. Canna Global Acquisition Corp is positioned to capture a portion through strategic acquisitions.

Upturn SWOT Analysis

Strengths

  • Experienced Management Team
  • Access to Capital
  • Focus on High-Growth Cannabis Sector

Weaknesses

  • Reliance on Identifying and Acquiring a Suitable Target
  • Competition from Other SPACs
  • Regulatory Uncertainty in the Cannabis Industry

Opportunities

  • Increasing Legalization of Cannabis
  • Growing Consumer Demand for Cannabis Products
  • Potential for Strategic Acquisitions and Partnerships

Threats

  • Regulatory Changes
  • Increased Competition
  • Economic Downturn

Competitors and Market Share

competitor logo Key Competitors

  • None since Canna Global Acquisition Corp. is a blank check company.

Competitive Landscape

Canna Global Acquisition Corp's competitive advantage lies in its management team's experience and ability to identify and acquire a suitable target.

Growth Trajectory and Initiatives

Historical Growth: N/A until an acquisition is completed.

Future Projections: Future growth is entirely dependent on the performance of the acquired company.

Recent Initiatives: Focusing on identifying and evaluating potential acquisition targets.

Summary

Canna Global Acquisition Corp is a SPAC seeking a target company in the cannabis sector. Its success hinges on finding and acquiring a strong business that can capitalize on industry growth. Regulatory changes and competition from other SPACs pose risks, but successful execution could deliver significant shareholder value. The company is in acquisition mode and has not yet made any acquistions.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • SEC Filings
  • Industry Reports

Disclaimers:

This analysis is based on publicly available information and is not financial advice. The performance of Canna Global Acquisition Corp is speculative and subject to risks inherent in the cannabis industry and SPAC structure.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization 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 identify and acquire a business that focuses on the natural resources industry comprising oil and gas sectors. The company was incorporated in 2021 and is based in Marina Del Rey, California.