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.
Leafly Holdings, Inc. (LFLY) is frequently described in its own announcements as an online cannabis discovery marketplace and resource for cannabis consumers. Company news for LFLY often combines business updates, financial disclosures, and cannabis culture features, reflecting Leafly’s dual focus on operating a technology and advertising platform for cannabis businesses and serving as an information hub for consumers.
Investors and followers of LFLY can find news about quarterly financial results, including discussions of revenue, operating expenses, net loss, adjusted EBITDA, and key performance metrics such as ending retail accounts and retailer average revenue per account. These releases also describe management’s focus on operational efficiency, cost discipline, and liquidity, as well as efforts to address the maturity of convertible senior notes and to work with financial advisors on financing and strategic opportunities.
Leafly’s news flow also includes regulatory and listing developments. In January 2025, the company announced that a Nasdaq Hearings Panel had determined to delist its common stock from The Nasdaq Stock Market LLC, with trading on Nasdaq suspended as of January 17, 2025. Leafly stated that it expected its common stock and warrants to begin trading on the OTC Pink Open Market under the symbols “LFLY” and “LFLYW” on that date, and later filed Form 15 to terminate registration of its common stock and suspend its SEC reporting obligations.
Beyond financial and regulatory items, LFLY news highlights Leafly’s role in cannabis culture and market data, such as the annual Leafly Strain of the Year announcement and partnerships like its collaboration with the New York Cannabis Retail Association. These stories illustrate how the company uses its platform, data, and educational resources to engage consumers and support licensed cannabis retailers. Readers who follow LFLY news can track both corporate developments and Leafly’s ongoing activities within the broader cannabis marketplace.
Leafly's sixth annual Cannabis Jobs Report reveals that the U.S. cannabis industry generated nearly $25 billion in sales and created over 100,000 new jobs in 2021. The study indicates a growth of 33% in jobs compared to the previous year. With 428,059 jobs currently supported, the report forecasts a mature cannabis market could employ between 1.5 to 1.75 million workers. Additionally, by 2025, cannabis revenue may reach $45 billion, highlighting the sector's significant job-creating potential despite economic challenges.
Leafly Holdings Inc. has commenced trading on NASDAQ under the ticker symbol LFLY. CEO Yoko Miyashita expressed excitement about this milestone, highlighting it as a result of the team’s hard work and investor support. The company aims to leverage new capital to execute its growth strategy and enhance the cannabis marketplace experience. Leafly serves as a significant platform for cannabis consumers and businesses, helping millions make informed purchasing decisions and fostering customer loyalty through technology and advertising services.
Leafly Holdings has completed its merger with Merida Merger Corp. I, now trading under the ticker symbol LFLY on NASDAQ starting February 7, 2022. This transaction enhances Leafly's position as a leading online cannabis marketplace. In Q3 2021, Leafly reported a significant year-over-year revenue growth and a 40% increase in retail accounts. The company aims to invest in technology and talent to drive growth, supported by substantial funding and a strengthened executive team.