Leafly Holdings, Inc. announced the appointment of Jeffrey Monat and Andres Nannetti to its Board of Directors, effective March 25, 2024. Both individuals bring decades of operational and financial expertise to the board as the Company looks to build a more durable business and strengthen its financial position. Mr. Monat has been an investor in cannabis companies since 2013, funding both cultivation and ancillary businesses.

He has served as an independent director of Lowell Farms Inc. since January 2022 and has extensive capital markets experience. Mr. Nannetti brings more than twenty-five years of domestic and international business leadership. He also has experience as both CEO of companies and private equity principal investor for organizations that span the entire cannabis sector from cultivation to manufacturing.

The Company also announced that board chair, Michael Blue, resigned from the board effective at the time Messrs. Monat and Nannetti were appointed, and Alan Pickerill was appointed chair of the board.