Samuel James Louis Martin Sells 26358 Shares of Leafly Holdings, Inc.
September 18, 2022
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Leafly($NASDAQ:LFLY) Holdings, Inc is a cannabis information and technology company.
Stock Price
This caused the stock price to drop by 8.6% from the prior closing price of $1.3. Leafly is a cannabis information and review website. It is headquartered in Seattle, Washington.
VI Analysis
A company’s fundamentals are a reflection of its long-term potential. The below analysis of LEAFLY is made simple by the VI app. According to the VI Star Chart, LEAFLY is strong in assets, and weak in dividend, growth, and profitability. LEAFLY is classified as an ‘elephant’, a type of company that is rich in assets after deducting off liabilities. Such companies are deemed less risky as the intrinsic value is pegged to its assets. LEAFLY has an intermediate health score of 6/10 considering its cashflows and debt. This means that LEAFLY might be able to safely ride out any crisis without the risk of bankruptcy.
Summary
Many people believe that Leafly is a great investment because it is the largest cannabis information resource in the world. The website provides in-depth information on cannabis strains, products, retailers, and doctors. Leafly also offers a mobile app that helps users find dispensaries and products near them.
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