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Leafly went public via a SPAC merger with Merida Merger in a $385m deal.

Synopsis

Leafly, the online cannabis discovery marketplace and resource for cannabis consumers, went public via a SPAC merger with Merida Merger, a publicly-traded special purpose acquisition company, in a $385m deal. “Backed by substantial funding, tremendous advancements in cannabis legalization and e-commerce tailwinds, we are relentlessly focused on investing in our technology, talent, and content to execute our growth strategy and create value for all stakeholders. Becoming a public company is an important milestone for the entire Leafly team and we thank Merida for their continued support and look forward to working with them and future shareholders to achieve new heights," Yoko Miyashita, Leafly CEO.

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