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Leafly Joining The Stock Market

Cannabis giant Leafly will be listing on Nasdaq soon under the ticker symbol, LFLY. They will be merging with Merida Merger Corp, in a deal valued at about 532 million dollars. The deal is expected to close in the 4th quarter of 2021. This means by next year, people will be able to purchase stocks in one of the biggest cannabis companies in the nation. This is another compelling step to promote mainstream cannabis, and as always, fuel the hope for federal legalization.



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