As of February 4, 2022, Merida Merger Corp. I was acquired by Leafly Holdings, Inc., in a reverse merger transaction. Merida Merger Corp. I does not have significant operations. It intends to enter into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities in the cannabis industry. The company was incorporated in 2019 and is based in New York, New York.
Research context
Merida Merger Corp. I appears in PyInvesting’s US Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- USD
- Sector
- Communication Services
- Industry
- Interactive Media & Services
These are the latest stored catalogue classifications, not a historical classification snapshot. An issuer description, classification effective date or currency may be unavailable. Check the issuer’s own disclosures and the observation dates before using these fields for research.
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5 years, 7 months ago
Merida Merger Corp. I is currently in a long term downtrend where the price is trading 1.2% below its 200 day moving average.
From a valuation standpoint, the stock is 100.0% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 0.0.
Merida Merger Corp. I's total revenue sank by nan% to $0 since the same quarter in the previous year.
Its net income has dropped by 185.0% to $-86K since the same quarter in the previous year.
Finally, its free cash flow grew by 67.1% to $-71K since the same quarter in the previous year.
Based on the above factors, Merida Merger Corp. I gets an overall score of 2/5.