Leafly Holdings, Inc. Reports First Quarter 2024 Financial Results
Leafly Holdings, Inc. (LFLY)
Company Research
Source: Business Wire
Delivered Q1 2024 revenue of $9.0 millionReported net loss of $2.4 million and adjusted EBITDA1 loss of $0.9 millionHires financial advisors, PGP and Benchmark, to explore financing and strategic opportunities 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 first quarter ended March 31, 2024."We remain committed to boosting our operational efficiency as we focus on stabilizing revenue and prioritizing ongoing value for our partners," said Yoko Miyashita, CEO of Leafly. “We are excited by the recent historic announcement by the DEA of its plan to reschedule cannabis, which we hope will serve as a pathway for operators to redirect capital to invest in their own businesses. When the anticipated relief arrives, we expect cannabis businesses to increase their efforts to market to and attract new shoppers.First Quarter
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LFLY
News
- Jointly Taps Powerful Database of Real-World Insights to Transform Cannabis Retail and Empower Consumers [Yahoo! Finance]Yahoo! Finance
- Leafly to Announce Third Quarter 2024 Financial Results on November 7, 2024 [Yahoo! Finance]Yahoo! Finance
- Leafly to Announce Third Quarter 2024 Financial Results on November 7, 2024Business Wire
- The best cannabis grinders in 2024 [Business Insider]Business Insider
- Leafly Announces Partnership With the New York Cannabis Retail AssociationBusiness Wire
LFLY
Earnings
- 3/28/24 - Beat
LFLY
Sec Filings
- 10/22/24 - Form 4
- 10/22/24 - Form 4
- 10/22/24 - Form 4
- LFLY's page on the SEC website