Upturn unsubscribed user
$1.14/ day, billed weekly
Cancel anytime
(Ad-Free, Unlimited access)​
NO CREDIT CARD REQUIRED
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

08/27/2025: 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.

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 08/27/2025

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

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) focused on the cannabis industry. Founded to identify and acquire a business with high growth potential, it aims to provide access to capital markets for emerging cannabis companies.

business area logo Core Business Areas

  • SPAC Operations: The company's primary business is identifying, acquiring, and operating a business in the cannabis sector through a merger, capital stock exchange, asset acquisition, or other similar business combination.

leadership logo Leadership and Structure

The leadership team typically comprises experienced investment professionals and industry veterans. The organizational structure is centered around deal sourcing, due diligence, and post-merger integration.

Top Products and Market Share

overview logo Key Offerings

  • SPAC Services: Canna Global Acquisition Corp. itself doesn't offer specific products. Its offering is the acquisition process, providing a target company with capital and access to public markets. Competitors include other cannabis-focused SPACs and traditional IPO routes.

Market Dynamics

industry overview logo Industry Overview

The cannabis industry is rapidly evolving, with increasing legalization and growing consumer demand. It is characterized by high growth potential but also faces regulatory hurdles and intense competition.

Positioning

Canna Global Acquisition Corp. seeks to position itself as a facilitator of growth in the cannabis industry, providing capital and expertise to promising companies.

Total Addressable Market (TAM)

The global cannabis market is projected to reach hundreds of billions of dollars in the coming years. Canna Global Acquisition Corp. aims to capitalize on this TAM by acquiring and scaling a successful cannabis business.

Upturn SWOT Analysis

Strengths

  • Experienced management team
  • Access to capital markets
  • Focus on high-growth cannabis sector
  • Established network within the cannabis industry

Weaknesses

  • SPAC structure inherently speculative
  • Dependence on finding a suitable acquisition target
  • Potential regulatory risks within the cannabis sector
  • Market volatility affecting valuation

Opportunities

  • Expanding legalization of cannabis globally
  • Growing consumer demand for cannabis products
  • Consolidation within the cannabis industry
  • Potential for strategic partnerships and acquisitions

Threats

  • Increased competition from other SPACs and established cannabis companies
  • Changing regulatory landscape
  • Market volatility impacting investor sentiment
  • Economic downturn affecting consumer spending

Competitors and Market Share

competitor logo Key Competitors

  • None

Competitive Landscape

The competitive landscape includes other cannabis-focused SPACs and traditional private equity firms vying for attractive acquisition targets. Canna Global Acquisition Corp.'s success depends on its ability to identify and secure a compelling deal.

Growth Trajectory and Initiatives

Historical Growth: Growth is dependent on the successful identification and merger with an attractive target company.

Future Projections: Future growth is contingent on the acquired company's performance and market conditions.

Recent Initiatives: Recent initiatives revolve around actively seeking and evaluating potential acquisition targets within the cannabis sector.

Summary

Canna Global Acquisition Corp. is a SPAC aiming to capitalize on the growing cannabis industry. Its success hinges on identifying and acquiring a promising cannabis business, navigating regulatory complexities, and creating shareholder value. The inherent risks of the SPAC structure and the volatile nature of the cannabis market pose challenges, but successful execution could lead to significant returns.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company filings (SEC)
  • Market analysis reports
  • Industry news sources

Disclaimers:

This analysis is for informational purposes only and does not constitute financial advice. Investment decisions should be based on thorough research and consultation with a qualified financial advisor. Data and analysis are subject to change.

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.