Leafly Holdings, Inc. Common Stock

LFLY

Market cap $1.74M

NEW YORK CITY, NY / ACCESS Newswire / January 16, 2025 / The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who own Leafly Holdings Inc ("LFLY" or the "Company") (NASDAQ:LFLY) stock purchased prior to January 28, 2022. You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the acquisition of the company, then known as Merida Merger Corp. I, and whether the Board of Leafly Holdings harmed stockholders, and whether all material facts had been properly disclosed to stockholders.

Seattle-based company Leafly will be delisted from the Nasdaq after failing to meet minimum requirements for net income.

SEATTLE--(BUSINESS WIRE)--Leafly Holdings, Inc. (“Leafly” or “the Company”) (NASDAQ: LFLY), a leading online cannabis discovery marketplace and resource for cannabis consumers, today announced that it received notice that the Nasdaq Hearings Panel has determined to delist the Company's common stock from The Nasdaq Stock Market LLC ("Nasdaq") due to the Company's failure to comply with the minimum $500,000 in net income from continuing operations in the most recently completed fiscal year, or tw.

The success of the cannabis industry in the United States has left many intrigued. Cannabis was once a taboo subject to talk about is now a multi-billion-dollar industry and it's only getting bigger. This is due to several factors that contribute to this growth, for one lots of people love cannabis so access to legal cannabis has only increased the demand. With more people wanting to enjoy cannabis, this only adds to the revenue being made.

The cannabis sector has experienced a significant pullback recently, largely influenced by ongoing regulatory challenges and market conditions. Despite these setbacks, the ancillary cannabis market continues to show resilience and potential for growth. Ancillary companies, which provide critical services and products to the cannabis industry without directly touching the plant, play an essential role in the supply chain. These companies are often more insulated from regulatory uncertainties, making them attractive to investors seeking exposure to cannabis without direct risks.

SEATTLE--(BUSINESS WIRE)--Leafly Strain of the Year 2024 honors Super Boof, reflecting cannabis innovation, market trends, and consumer preferences shaping modern culture.

Marijuana stocks saw a drastic drop in trading over the last several days. Yet this may not be as bad as some think it is. Many felt that cannabis reform being voted on in Florida during the presidential election may have been a catalyst for the cannabis sector. But to no unveil it did not pass along with Donald Trump's victory led to a drop in trading.

SEATTLE--(BUSINESS WIRE)--Leafly Holdings, Inc. (“Leafly” or “the Company”) (NASDAQ: LFLY), a leading online cannabis discovery marketplace and resource for cannabis consumers, today announced financial results for its third quarter ended September 30, 2024. "With two consecutive quarters of positive adjusted EBITDA and a retail business that has largely reached a point of stabilization, we're poised to capitalize on the growth opportunities ahead,” said Leafly CEO Yoko Miyashita. “We'll contin.

SEATTLE--(BUSINESS WIRE)--Leafly Holdings, Inc. (“Leafly” or “the Company”) (NASDAQ: LFLY), a leading online cannabis discovery marketplace and resource for cannabis consumers, today announced that it will release its financial results for the third quarter ended September 30, 2024, after market close on November 7, 2024. The company will not be hosting an earnings call. About Leafly Leafly helps millions of people discover cannabis each year. Our powerful tools help shoppers make informed purc.

The US cannabis industry is experiencing rapid growth, with sales expected to reach $45.8 billion by 2025. Ancillary companies, which support the cannabis sector through technology, supplies, and services, are increasingly crucial for market expansion. Recent headlines indicate that US lawmakers are pushing for federal legalization, sparking optimism across the sector. As the legalization debate intensifies, ancillary companies stand to benefit significantly from industry-wide growth. Investors looking to capitalize on this momentum should watch top-performing ancillary cannabis stocks. These companies provide necessary services that fuel dispensary and cultivation operations, making them essential players in the cannabis ecosystem.