Cannabis SPACs
2 active SPACs targeting Cannabis with $380.1M in trust.
The cannabis sector currently counts two active SPAC vehicles, with all deployed capital concentrated across two announced deals and no blank-check vehicles remaining in the search phase. Collectively, these transactions represent approximately $380.1 million in capital deployed, reflecting sustained institutional interest in cannabis-adjacent targets despite the sector's historically complex regulatory backdrop. With a median days-to-expiration of 207, both vehicles carry meaningful runway ahead of their deadlines, leaving time for deal progression or shareholder votes. Cannabis has remained a niche but recurring theme in SPAC formation since the early 2020s boom. Sign up for SpacDesk to access full deal timelines, sponsor profiles, and real-time filing alerts across every active cannabis SPAC.
| SPAC | Sponsor | Trust | Status | IPO Date | Target | Deadline |
|---|---|---|---|---|---|---|
| CNGL Canna-Global Acquisition Corp | — | $233.5M | Deal Announced | 2021-11-30 | — | 2022-11-30 |
| ACQC Relativity Acquisition Corp | Relativity Acquisition Sponsor LLC | $146.6M | Deal Announced | 2022-02-14 | SVES GO, LLC | 2027-02-15 |
Active = status not liquidated/closed/withdrawn. Trust size reflects declared trust at IPO. Industry classification based on sponsor focus area and target company sector.