It is small for two weeks, and 'around the stem watering' is not what I do. The soil needs to be moist. Roots won't spread into dry soil. I started these in 7gal bags. Advantage to large pot is uninhibited root growth. I only do this with fem seeds, though.
This is week two, and week three...
This is FF soil with added perlite, and they won't get any added nutrients until week 7 or 8 (or even longer). I do add a little silica to raise my water PH. Might add CalMag if its needed as I use rain water, or RO, but I'll wait until they show a need. They've been under a 1kw MH since day one, at 30" for week one, then 24" sometime in week two, and now at 20". There's a little heat stress, despite the ambient temp of 70 deg. I like to ride it at the edge, getting the light as close as possible. We had a warm spell where the temps at the plant top went up to 90 deg. Plant top is 82-84 deg with the ambient at 70F. Humidity is a little low at 30-40%. I do relatively light watering at first, gradually increasing. My soil is dry a good 2-4" before I water at this stage.
I agree that your plant needs more light, and less water.
