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Leafly names new directors to bolster business strategy

EditorNatashya Angelica
Published 2024-03-28, 04:16 p/m

SEATTLE - Leafly Holdings, Inc. (NASDAQ:LFLY), a prominent online platform for cannabis discovery and education, has announced the addition of Jeffrey Monat and Andres Nannetti to its Board of Directors as of Saturday, March 25, 2024. The new appointments come as part of the company's effort to enhance its operational and financial framework.

Jeffrey Monat, with a history of investing in cannabis enterprises since 2013, carries a wealth of experience in capital markets and currently serves on the board of Lowell Farms Inc. (OTCQX:LOWLF).

Andres Nannetti's professional background spans over 25 years, including CEO roles and private equity investments, covering a broad spectrum of the cannabis industry from cultivation to product manufacturing.

Yoko Miyashita, CEO of Leafly, expressed confidence in the new board members, stating their combined skills and industry connections will contribute to Leafly's growth and provide added value to stakeholders. Alan Pickerill, who has taken over as chair of the board following Michael Blue's resignation, also remarked on the financial and operational acumen Monat and Nannetti bring to the table.

Leafly operates as a marketplace and resource for cannabis consumers, offering insights and tools to facilitate informed purchasing decisions. The company also provides advertising and technology services to cannabis businesses, aiming to help them attract and maintain a dedicated customer base.

This strategic enhancement to the board is part of Leafly's ongoing commitment to solidify its standing as a leader in the legal cannabis market. The company's leadership team is eager to collaborate with the new directors to navigate the evolving business landscape and lay the groundwork for continued success.

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The information for this article is based on a press release statement from Leafly Holdings, Inc.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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