Business Combination with Leafly Holdings, Inc.
Merida is a Special Purpose Acquisition Corporation that raised $120 million through an initial public offering in November 2019.
Leafly is a content-first, community-driven, three-sided cannabis marketplace helping more than 125 million annual visitors discover cannabis each year. Its ecommerce tools help shoppers make informed purchasing decisions and empower cannabis businesses to attract and retain loyal customers through advertising and technology services. Leafly matches its audience of over 10 million monthly active users with over 4,600 licensed stores across North America, generating subscription and advertising revenue from retailers and brands.