Leafly Holdings, Inc. /DE

Closed (deSPAC)

Profile in progress

What it is: Leafly helps millions of people discover cannabis each year
What it’s doing now: Merging with Merida Merger Corp. I (MCMJ) — closed (despac).
What you should know: The deal carries a $85M minimum-cash condition — heavy redemptions can break it.

The business, per its filings

SEC primary

Leafly helps millions of people discover cannabis each year. Our powerful tools help shoppers make informed purchasing decisions and empower cannabis businesses to attract and retain loyal customers through advertising and technology services. Learn more at Leafly.com or download the Leafly mobile app through Apple’s App Store or Google Play. Definitions of Key Performance Metrics Monthly active users Monthly active users (“MAUs”) represents the total unique visitors to Leafly websites and native apps each month, which in turn represents the maximum potential unique visitors that could become a customer of a dispensary or brand listed on Leafly’s platform, within a given month. Users (visitors) are considered active by initiating a session on at least one webpage or app. Each month’s MAUs is the total of unique visitors to Leafly during the specified month and includes both new visitors as well as those returning from the previous month. We count a unique user the first time an individual accesses one of our websites or native apps during a calendar month. If an individual accesses our websites using different web browsers within a given month, the first access by each such web browser is counted as a separate unique user. If an individual accesses more than one of our websites or native apps in a single month, the first access to each website or app is counted as a separate unique user since unique users are tracked separately for each domain and native app. The unique visitors are measured using Google Analytics for our web applications and Firebase for our native applications. Ending retail accounts Ending retail accounts is the number of paying retailer accounts with Leafly as of the last month of the respective period. Retail accounts can include more than one reta

What the company says about itself

Web research — not audited

Leafly is a cannabis discovery platform and community offering over 11,000 articles, 5,000+ strains, and 1.3 million+ reviews. It provides tools to shop by strain, price, deals, dispensary, location, brand, star-rating, or vibes, and facilitates buying local legal weed with free online ordering. The company also focuses on social impact and equity in the cannabis industry.

Markets:: cannabis | e-commerce | media
Products:: Leafly app | strain library | online ordering | dispensary finder

What our web check found

[WEB-INTEL 2026-08-26] 4 finding(s) · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "The transaction values the combined company at an implied, fully diluted enterprise value of approximately $385 million and equity value of approximately $532 million, subject to any redemptions by Merida stockholders." [https://www.prnewswire.com/news-releases/leafly-to-go-public-through-business-combination-with-merida-merger-corp-i-301350986.html] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "At closing, the combined company is expected to have an implied, fully diluted enterprise value of approximately $385 million and equity value of approximately $532 million, subject to any redemptions by Merida stockholders." [https://www.prnewswire.com/news-releases/leafly-to-go-public-through-business-combination-with-merida-merger-corp-i-301350986.html] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "The transaction is expected to generate proceeds of up to $161.5 million, subject to any redemptions by Merida stockholders." [https://www.prnewswire.com/news-releases/leafly-to-go-public-through-business-combination-with-merida-merger-corp-i-301350986.html] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Trading in the Company's common stock and warrants will be suspended on Nasdaq effective with the opening of trading on January 17, 2025." [https://www.businesswire.com/news/home/20250116609367/en/Leafly-Announces-Receipt-of-Notice-of-Delisting-from-Nasdaq-and-Transition-to-Over-The-Counter-Market]

Source: https://www.leafly.com/ · captured Aug 26, 2026 · marketing claims are reported as claims, never merged into the filed figures above.

The deal it’s entering

Leafly Holdings, Inc. /DE is merging with Merida Merger Corp. I (MCMJ) currently marked Closed (deSPAC).

Headline equity value	—
Minimum cash to close	$85M

Structure per SEC accession(s) 0001213900-21-046970. How to read these numbers: headline vs effective valuation · what a definitive agreement commits

What exactly is being valued, and at what

Common questions

Is Leafly Holdings, Inc. /DE going public?

Leafly Holdings, Inc. /DE has an approved merger with the SPAC Merida Merger Corp. I (MCMJ). Deal status: Closed (deSPAC).

Does Leafly Holdings, Inc. /DE have revenue?

The filings we've parsed don't state a usable revenue figure yet; this profile is updated as new documents land.

Educational content, not investment advice.