Leafly Holdings, Inc. Overview
Pro stress-test →Leafly operates as a content-first, community-driven, multi-sided marketplace connecting consumers with cannabis brands and licensed retailers. In 2024, Leafly attracted an average of 5.1 million monthly visitors, positioning itself as the leading online cannabis discovery platform in North America.
Strategic Profile
Pro stress-test →The company generates revenue through subscription-based marketplace listings for retailers and brands. Following its January 2025 transition to the Over-The-Counter (OTC) market after delisting from Nasdaq, Leafly faces near-term liquidity challenges, but the core business is showing signs of stabilization and cost control is working.
Competitive Landscape
Pro stress-test →Leafly competes in a fragmented cannabis discovery and marketplace ecosystem dominated by several category leaders. Direct competitors include Weedmaps (multi-state cannabis retail marketplace), Dutchie (point-of-sale and marketplace platform for dispensaries), and Grassdoor (cannabis delivery and retail platform). The market faces consolidation pressures and shifting buyer behavior tied to regulatory and macroeconomic conditions affecting cannabis retail spending.
Industry Context
Leafly Holdings, Inc. operates in Cannabis marketplace platforms.
Key facts
Founded: 2010 · Headquarters: Seattle, US · Revenue: $34.6M (2024 annual) · Market cap: N/A