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Leafly Holdings, Inc. - $LFLY STOCK NEWS

Welcome to our dedicated page for Leafly Holdings news (Ticker: $LFLY), a resource for investors and traders seeking the latest updates and insights on Leafly Holdings stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Leafly Holdings's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Leafly Holdings's position in the market.

Rhea-AI Summary

Leafly Holdings, a leading online cannabis marketplace, appoints Peter Lee as President and COO. Lee brings 25 years of leadership and cannabis industry experience, aiming to drive growth and deepen partnerships with customers.

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Leafly Holdings, Inc. (NASDAQ: LFLY) will announce its first quarter 2024 financial results on May 9, 2024, after market close. A webcast will be held to discuss the company's performance.
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Leafly Holdings, Inc. (NASDAQ: LFLY) appoints Jeffrey Monat and Andres Nannetti to its Board of Directors, aiming to enhance operational and financial capabilities. The Company also sees the resignation of board chair Michael Blue, with Alan Pickerill taking over. The new appointments bring extensive experience in cannabis investments and business leadership, signaling a strategic move towards strengthening Leafly's market position.
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9.46%
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Leafly Holdings, Inc. reported Q4 2023 revenue of $9.7 million with a net loss of $0.5 million and adjusted EBITDA of $1.2 million. The focus on operational discipline in 2023 resulted in $25 million cost savings over 2022. The company saw improvements in gross margin, reduced total operating expenses, and ended the year with $15.3 million in cash. However, revenue declined compared to the previous year, with a net loss of $9.5 million for the full year.
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9.46%
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Leafly Holdings, Inc. (NASDAQ: LFLY) will release its financial results for Q4 and fiscal year 2023 on March 28, 2024. A webcast to discuss the results will follow. Leafly is a prominent online cannabis marketplace and resource for consumers.
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Leafly (LEAF) announced Permanent Marker, an indica-dominant hybrid strain from Seed Junky Genetics, as the 2023 Leafly Strain of the Year. It's the fastest-growing new strain in the U.S., with THC levels averaging around 25 to 30 percent. Permanent Marker has seen a consistent, upward trajectory, gaining a strong following among shoppers and becoming widely available in dispensaries across the U.S. It's known for its sedative effects and dense purple and green buds with a floral, fruity candy flavor.
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Leafly Holdings, Inc. (NASDAQ: LFLY) reports Q3 2023 revenue of $10.6 million, with a net loss of $2.2 million. The company is focused on managing expenses and achieving profitability in a challenging cannabis market. Despite the decrease in revenue from Q3 2022, the company has improved its gross margin. Adjusted EBITDA loss was $0.2 million, and the company ended the quarter with $14.5 million in cash. The company also provided fourth quarter 2023 guidance of $9.5 million in revenue and an adjusted EBITDA loss of $1.3 million.
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2.67%
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Leafly celebrates the 3rd Annual International Budtenders Day, honoring the contributions of budtenders in the cannabis industry.
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Leafly Holdings, Inc. to release Q3 financial results and host webcast
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Leafly Holdings, Inc. has regained compliance with Nasdaq's minimum bid price rule, resulting in the closing of the listing matter.
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9.7%
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Leafly Holdings, Inc.

Nasdaq:LFLY

LFLY Rankings

LFLY Stock Data

6.74M
1.71M
21.23%
11.18%
0.8%
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