Tune in for this special cannabis SPACs edition of Digitization-X…
Cannabis tech provider Akerna Corp. (Nasdaq: KERN) recently banked our NICI Membership subscribers double-digit gains – but Executive Director Don Yocham was watching its profit potential well before that.
That’s because, although today Akerna is a fully operational cannabis company listed on the Nasdaq, it started as a special-purpose acquisition company (SPAC) – the very first United States-listed cannabis SPAC, in fact.
Raising money through a SPAC is a much cheaper, faster, and easier route for cannabis companies to go public than a traditional IPO.
(If you aren’t familiar with them just yet, don’t worry because we’re going to give you all the ins and outs of how SPACs work and how you can make money in just a moment.)
For cannabis companies, which face additional challenges with going public due to federal cannabis prohibition, SPACs provide a “backdoor” way to access public markets.
And for you, they provide a surprisingly low risk yet highly lucrative investment opportunity that you can start taking advantage of today…
Don Joins Alex Kagin for an Exclusive Episode of Digitization-X
We’re well into 2020 and SPACs are on fire – a trend Danny Brody predicted going into the year that has caught on more than we even thought possible.
In fact, we have already seen more than 60 companies go public with a SPAC and raise double the capital over last year and 7 times what we saw only 4 years ago in 2016.
The cannabis sector has proven to be a perfect place to utilize these “backdoor” IPOs, and with nearly $3 billion in capital sitting in cannabis SPACs right now, more investors are realizing this is where they should park their money.
So today, Don is sitting down with tech investing expert Alex Kagin of Nova-X Report for an exclusive cannabis SPACs edition of his Digitization-X podcast.
Don and Alex are giving you everything you need to know about SPACs to start making money including what to look for before you invest in a SPAC. And make sure you stick around for the full episode because at the 18:25 mark, they’re digging into the biggest cannabis SPAC picks you should be watching right now.
You won’t want to miss it:
During the episode, you’ll hear Don and Alex talk about a free guide for investing in cannabis SPACs, which you can access right here.
This episode of the Digitization-X podcast is brought to you by Michael Robinson’s Nova-X Report – the most comprehensive tech investment research service available on the internet.
To find out how you can become a tech industry insider for potentially explosive tech profits, click here.
6 responses to “Cannabis SPACs Are on Fire – And Giving You a New Way to Make Money”
August 19 2020