Merida Merger Corp. I

Merida Merger Corp. Iverified

MCMJ

Price:

$6.53

Market Cap:

$261.43M

As of February 4, 2022, Merida Merger Corp. I was acquired by Leafly Holdings, Inc., in a reverse merger transaction. Merida Merger Corp. I does not have significant operations. It intends to enter into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities in the cannabis industry. The company was incorporated in 2019 and is based in New York, New York.

Industry

Shell Companies

IPO Date

2019-11-05

Stock Exchange

NASDAQ

Ticker

MCMJ

The PE Ratio as of May 2025 (TTM) for Merida Merger Corp. I (MCMJ) is -17.60

According to Merida Merger Corp. I’s latest financial reports and current stock price. The company's current PE Ratio is -17.60. This represents a change of -52.44% compared to the average of -37.01 of the last 4 quarters.

Merida Merger Corp. I (MCMJ) Historical PE Ratio (quarterly & annually)

How has MCMJ PE Ratio performed in the past?

The mean historical PE Ratio of Merida Merger Corp. I over the last ten years is 1.62K. The current -17.60 PE Ratio has changed -208.57% with respect to the historical average. Over the past ten years (40 quarters), MCMJ's PE Ratio was at its highest in in the December 2019 quarter at 392.42. The PE Ratio was at its lowest in in the September 2019 quarter at -456344.30.

Quarterly (TTM)
Annual

Average

1.62K

Median

1.62K

Minimum

1.59K

Maximum

1.65K

Merida Merger Corp. I (MCMJ) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Merida Merger Corp. I PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 3.90%

Maximum Annual PE Ratio = 1.65K

Minimum Annual Increase = 0%

Minimum Annual PE Ratio = 1.59K

Quarterly (TTM)
Annual
YearPE RatioChange
20201.65K3.90%

Merida Merger Corp. I (MCMJ) Average PE Ratio

How has MCMJ PE Ratio performed in the past?

The current PE Ratio of Merida Merger Corp. I (MCMJ) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

1.62K

5-year avg

1.62K

10-year avg

1.62K

Merida Merger Corp. I (MCMJ) PE Ratio vs. Peers

How is MCMJ’s PE Ratio compared to its peers?

Merida Merger Corp. I’s PE Ratio is

CompanyPE RatioMarket cap

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