Fundz

Leafly And Merida Merger Corp. I Announce $30M Convertible Note Financing

PRIVATEJan 12, 2022

Amount Raised

$30 Million

Round Type

Convertible Note

SeattleProfessional ServicesSoftwareCommerce And ShoppingCommunity And LifestyleAppsInternet ServicesFood And BeverageE CommerceMarketplaceCannabis

Description

Leafly Holdings Inc. (“Leafly”), a leading online cannabis discovery marketplace and resource for cannabis consumers, and Merida Merger Corp. I (NASDAQ: MCMJ) (“Merida”), a special purpose acquisition company sponsored by Merida Capital Holdings, today announced that it entered into a $30 million convertible note purchase agreement with new investors led by Cohanzick Management LLC and affiliates (“Cohanzick”), an investment management firm. This supplemental financing, which will close immediately prior to the closing of the proposed business combination between Leafly and Merida, will help to ensure full funding of Leafly’s current multi-year business plan.

Quick answer

Leafly raised $30 Million in a Convertible Note round, dated January 12, 2022. Leafly is based in Seattle, Washington, United States.

How much did Leafly raise?
Leafly raised $30 Million in a Convertible Note round on January 12, 2022.
What does Leafly do?
Cannabis discovery marketplace Leafly aims to help more than 125 million visitors discover cannabis this year.
Where is Leafly based and how big is it?
Leafly is based in Seattle, Washington, United States.
Who are the decision-makers at Leafly?
Fundz holds 1 contact at Leafly. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Professional Services and Commerce And Shopping around the same time

Companies in the same sectors as Leafly that raised within 45 days of this round, from Fundz verified event records.

  • Vangst raised $19M (Series B) on January 13, 2022.
  • Ageras raised $34M (Funding Round) on February 17, 2022.
  • Qualifi raised $2.5M (Seed) on February 17, 2022.
  • Bright raised $600K (Seed) on February 11, 2022.
  • Dutch Bros raised $1.6M (Seed) on February 9, 2022.
  • Jack in the Box raised $1.1B (Funding Round) on February 3, 2022.

Who to call at Leafly, and when

A new round usually means Leafly is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Leafly raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Leafly, from your own LinkedIn network

Works inside ChatGPT and Claude. Ask who to call at Leafly. With Fundz connected, it knows.

Watch Fundz in
See plan options
Trusted byOracleSnowflakeCloudflareLinkedInGoogleSalesforce 4.8/5 on G2

Company Information

Company

Leafly

Location

Seattle, Washington, United States

About

Cannabis discovery marketplace Leafly aims to help more than 125 million visitors discover cannabis this year. Our powerful ecommerce tools help shoppers make informed purchase decisions and empower cannabis businesses to attract and retain loyal customers through advertising and technology services. Learn more at Leafly.com or download the Leafly mobile app through Apple’s App Store or Google Play.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment Leafly raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

1 contact
Predictive Intelligence
Strategic

ML-powered predictions for Leafly's next move

See what Strategic adds

Leafly raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

5 screens from a live account. No signup.

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.