Merida Merger Corp. I

Merida Merger Corp. I

MCMJW
Merida Merger Corp. IUS flagNASDAQ Capital Market
0.48
USD
-0.07
- -
No data availableFinancial data will appear here once available

Capital Structure

FRC

in mil. unless spec.
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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChat
CEO
None
Sector
Financial Services
Industry
Shell Companies
Address
DE United States of America
IPO Date
Dec 12, 2019
Business
Merida Merger Corp. I (MCMJW) is a special purpose acquisition company, or blank check company, formed to effect a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or similar business combination with one or more target businesses, primarily targeting opportunities in the cannabis industry; it offers no independent products or services beyond its SPAC structure, including units comprising common stock and redeemable warrants exercisable at $11.50 per share. Founded in 2019 and headquartered in New York, New York, the company conducted its initial public offering in November 2019, raising $120 million through 12 million units priced at $10 each, which later separated into common stock (MCMJ) and warrants (MCMJW) listed on Nasdaq. In February 2022, Merida completed a business combination with Leafly Holdings Inc., a cannabis discovery marketplace, pursuant to which Merida was acquired in a reverse merger transaction, adopted the Leafly name, and Leafly's common stock began trading under the ticker LFLY on Nasdaq, while MCMJW warrants continued trading separately; the company has since shown no significant operations or further combinations as of 2025, with MCMJ marked as potentially delisted.