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Merida Merger Corp I (MCMJ) to Combine with Leafly in $385M Deal

Merida Merger Corp I (MCMJ) to Combine with Leafly in $385M Deal

Merida Merger Corp I (NASDAQ:MCMJ) has entered into a definitive agreement to combine with cannabis enterprise Leafly at an enterprise value of $385 million, or 8.9x its 2021E revenue. Seattle-based Leafly provides a marketplace of cannabis product sellers with reviews, articles and a database of strains available to legal consumers. The combined company is expected
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