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Leafly Holdings, Inc. - LFLY STOCK NEWS

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) operates as a premier online cannabis information resource platform. The company is recognized for offering comprehensive information, reviews, menus, and ordering and delivery options through legal retailers. By providing subscription-based marketplace listings, Leafly connects cannabis retailers and brands with a dedicated audience.

Leafly's platform stands out due to its rich content and user-friendly interface, which includes detailed strain information, user reviews, and educational resources. This makes it an invaluable tool for both new and experienced cannabis consumers. Retailers leverage Leafly's platform to enhance their visibility and reach, utilizing tools and analytics to maximize their market presence.

Recent achievements include expanding partnerships with key cannabis brands and retailers, further enhancing the platform's offerings and user experience. Current projects focus on technological advancements in e-commerce and delivery services, aiming to streamline and enhance the consumer experience.

Financially, Leafly Holdings has been strategically investing in innovations and expanding its market footprint. The company continues to grow its user base and revenue streams, positioning itself as a leader in the cannabis tech space.

With its commitment to providing reliable and relevant cannabis information, Leafly Holdings, Inc. is a key player in the industry, continuously evolving to meet the needs of its audience and partners.

News

Leafly Holdings, Inc. Reports Fourth Quarter and Full Year 2023 Financial Results

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Leafly Holdings, Inc. reported Q4 2023 revenue of $9.7 million with a net loss of $0.5 million and adjusted EBITDA of $1.2 million. The focus on operational discipline in 2023 resulted in $25 million cost savings over 2022. The company saw improvements in gross margin, reduced total operating expenses, and ended the year with $15.3 million in cash. However, revenue declined compared to the previous year, with a net loss of $9.5 million for the full year.
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Leafly to Announce Fourth Quarter and Fiscal Year 2023 Financial Results on March 28, 2024

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Leafly Holdings, Inc. (NASDAQ: LFLY) will release its financial results for Q4 and fiscal year 2023 on March 28, 2024. A webcast to discuss the results will follow. Leafly is a prominent online cannabis marketplace and resource for consumers.
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Leafly 2023 Cannabis Strain of the Year is “Permanent Marker”

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Leafly (LEAF) announced Permanent Marker, an indica-dominant hybrid strain from Seed Junky Genetics, as the 2023 Leafly Strain of the Year. It's the fastest-growing new strain in the U.S., with THC levels averaging around 25 to 30 percent. Permanent Marker has seen a consistent, upward trajectory, gaining a strong following among shoppers and becoming widely available in dispensaries across the U.S. It's known for its sedative effects and dense purple and green buds with a floral, fruity candy flavor.
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Leafly Holdings, Inc. Reports Third Quarter 2023 Financial Results

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Leafly Holdings, Inc. (NASDAQ: LFLY) reports Q3 2023 revenue of $10.6 million, with a net loss of $2.2 million. The company is focused on managing expenses and achieving profitability in a challenging cannabis market. Despite the decrease in revenue from Q3 2022, the company has improved its gross margin. Adjusted EBITDA loss was $0.2 million, and the company ended the quarter with $14.5 million in cash. The company also provided fourth quarter 2023 guidance of $9.5 million in revenue and an adjusted EBITDA loss of $1.3 million.
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Leafly Celebrates 3rd Annual International Budtenders Day

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Leafly celebrates the 3rd Annual International Budtenders Day, honoring the contributions of budtenders in the cannabis industry.
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Leafly to Announce Third Quarter 2023 Financial Results on November 9, 2023

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Leafly Holdings, Inc. to release Q3 financial results and host webcast
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Leafly Regains Compliance with Nasdaq Minimum Bid Price Requirement

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Leafly Holdings, Inc. has regained compliance with Nasdaq's minimum bid price rule, resulting in the closing of the listing matter.
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Leafly Named Best B2C Cannabis Technology Platform

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Leafly named 'Best Cannabis Tech Platform: B2C' at the Benzinga Cannabis Awards, highlighting their focus on connecting consumers with licensed retailers and brands. They have a comprehensive platform with over 6,000 cannabis strains, 1 million consumer reviews, and 11,000 educational pieces of content.
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Leafly Announces New API for Order Integration

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Leafly launches new order API, allowing cannabis point of sale systems to seamlessly integrate with Leafly platform. Retailers can now incorporate Leafly orders into their existing POS systems, streamlining order processing and improving operational efficiency. POSaBIT and Sweed + Leaf Trade report positive results from using the new integration.
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Leafly Challenges Certain New York Cannabis Regulations; Court Enters Order Blocking Enforcement

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Court order allows Leafly to continue offering advertising services to New York cannabis retailers
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FAQ

What is the current stock price of Leafly Holdings (LFLY)?

The current stock price of Leafly Holdings (LFLY) is $1.62 as of December 20, 2024.

What is the market cap of Leafly Holdings (LFLY)?

The market cap of Leafly Holdings (LFLY) is approximately 4.6M.

What does Leafly Holdings, Inc. do?

Leafly Holdings, Inc. operates an online platform providing information, reviews, and ordering options for cannabis through legal retailers.

How does Leafly's platform benefit cannabis retailers?

Retailers use Leafly's subscription-based listings to reach a wider audience, enhance visibility, and access tools and analytics to improve market presence.

What kind of information is available on Leafly's platform?

Leafly offers detailed strain information, user reviews, menus, and educational resources about cannabis.

What recent achievements has Leafly made?

Leafly has expanded partnerships with key cannabis brands and retailers and is focusing on enhancing its e-commerce and delivery services.

What are Leafly's current projects?

Leafly is investing in technological advancements to improve e-commerce and delivery services, aiming to enhance the consumer experience.

How is Leafly performing financially?

Leafly is strategically investing in innovations and expanding its market footprint, growing its user base and revenue streams.

What makes Leafly's platform unique?

Leafly's platform is distinguished by its rich content, including detailed strain information and user reviews, making it an invaluable tool for cannabis consumers.

Who can benefit from using Leafly's platform?

Both new and experienced cannabis consumers can benefit from the detailed information and reviews available on Leafly's platform.

What is the significance of Leafly in the cannabis industry?

Leafly is a leading cannabis information resource, continuously evolving to meet the needs of consumers and partners in the industry.

Does Leafly offer delivery options?

Yes, Leafly provides ordering and delivery options through legal retailers as part of its comprehensive service offerings.

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Leafly Holdings, Inc.

Nasdaq:LFLY

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LFLY Stock Data

4.61M
2.78M
9.69%
5.52%
1.26%
Internet Content & Information
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