Online cannabis marketplace Leafly is going public via merger with SPAC Merida Merger Corp.

Online cannabis marketplace Leafly Holdings Inc. said Monday it's going public by merging with special purpose acquisition corporation Merida Merger Corp. I , in a deal with an enterprise value of about $385 million and equity value of about $532 million. Once the deal has closed, Merida, which is backed by Merida Capital Holdings, will change its name of Leafly and trade on Nasdaq under the ticker "LFLY." Seattle-based Leafly offers a subscription-based platform of more than 7,800 brands...