Leafly Holdings, Inc. Provides Earnings Guidance for the Fourth Quarter 2023
November 09, 2023 at 09:56 pm
Share
Leafly Holdings, Inc. provided earnings guidance for the fourth quarter 2023. For the period, the company announced that based on current business trends and conditions, the financial outlook is expected to be around $9.5 million in revenue.
Leafly Holdings, Inc. operates an online cannabis discovery marketplace and resource for cannabis consumers. The Company offers cannabis retailers and brands subscription-based marketplace listings that provide its cannabis audience with information, reviews, menus, and ordering and delivery options through legal retailers. It provides retailers with subscription-based offerings and advertising tools to attract its audience to their menus and ultimately, convert that audience into a community of shoppers. It also provides a suite of online tools, which allow retailers to engage and communicate with consumers they acquire on its platform, including a portfolio of software as a service (SaaS)-based tools that allow the retailers to update their menus on the Leafly platform, create deals and promotions for consumers, manage their Leafly order reservation operations, integrate with selected POS systems, and view dashboards and analytics to help them make sales and merchandising decisions.