Leafly Announces Post-Combination Board of Directors

Directors to be Appointed upon Anticipated Closing of Previously Announced Combination with Merida Merger Corp. I 

New Directors Bring Right Mix of Skills and Experience to Oversee Next Phase of Leafly’s Journey as a Public Company 

Leafly Holdings Inc. (“Leafly”), the world’s leading online cannabis discovery marketplace and resource for cannabis consumers, today announced the members of its Board of Directors to be appointed effective as of the closing of its previously announced business combination with Merida Merger Corp. I (“Merida”). 

Leafly’s post-closing Board of Directors will bring extensive expertise across strategy, finance, technology, operations, legal and regulatory, public company governance, and the cannabis industry. The members of the Board of Directors will be: 

   -- Michael Blue, Managing Partner, Privateer Holdings 
   -- Cassandra "Cassi" Chandler, President and CEO, Vigeo Alliance 
   -- Blaise Judja-Sato, Founder, VillageReach and the Resilience Trust 
   -- Peter Lee, President, Merida Merger Corp. I 
   -- Yoko Miyashita, Chief Executive Officer, Leafly 
   -- Alan Pickerill, Former Executive Vice President and Chief Financial 
      Officer, Expedia Group 

“As we continue to prepare for life as a public company, we are thrilled to bring together a world-class Board of Directors with wide-ranging expertise and diverse perspectives,” Miyashita said. “This is the right group to guide Leafly through the next phase of our growth roadmap. We look forward to benefiting from their valuable insights as we accelerate our leadership in the legal cannabis market and create even more value for consumers, partners, and shareholders.” 

Additional Information About Leafly’s Board of Directors 

Michael Blue is a co-founder of Privateer Holdings, Inc., a cannabis-focused private equity firm that founded a number of cannabis businesses (including Tilray, Inc. (NASDAQ: TLRY), Left Coast Ventures Inc. (NEO: GRAM.U), and Docklight Brands, Inc.) and acquired Leafly in 2011, which it owned until 2019, when it effected a capital restructuring and distributed its ownership in Leafly to Leafly’s stockholders. Mr. Blue served as Privateer’s CFO from 2011 until 2018, and its Managing Partner from 2018 until its merger with Tilray, Inc. in 2019. He also served as an officer at Leafly between 2011 and 2019, and as a director at Leafly since 2011. Mr. Blue also serves as Managing Partner at Ten Eleven Management LLC, which provides consulting and management services to several cannabis businesses, including Leafly through March 2021. Mr. Blue received his MBA from the Yale School of Management in 2005 and a BBA in Finance from Harding University. Prior to co-founding Privateer, he served in several senior roles in private equity, including Vice President of de Visscher & Company from July 2005 to July 2007, and as Principal at Herrington, Inc., from July 2007 to October 2011. 

Cassandra “Cassi” Chandler is President & CEO of Vigeo Alliance, which partners with businesses to grow emerging leaders, retain diverse talent and build an inclusive culture that thrives. Ms. Chandler also served as an independent federal monitor with the New York Police Department and as an Adjunct Professor for Intelligence and Terrorism courses at Pace University’s Masters in Public Safety and Homeland Security Graduate Program. Previously, Ms. Chandler was Senior Vice President for Business Operations at Bank of America, where she was responsible for building an integrated framework to identify, evaluate and assess emerging regulatory risks and the operational effectiveness of enterprise coverage areas. She also served on its Global Diversity and Inclusion Advisory Board. Before joining the bank, Ms. Chandler spent nearly 24 years with the Federal Bureau of Investigation (“FBI”), where she directed white collar crimes, financial crimes, terrorism, cybercrimes investigations and foreign intelligence activities. She led the FBI’s training division, redesigned the FBI’s health care fraud and its criminal and domestic terrorism intelligence programs, and was appointed to the U.S. Senior Executive Service as the agency’s first Black female Special Agent Assistant Director and the FBI’s first female National Spokesperson and director of Public Affairs. Ms. Chandler has received awards such as the Senior Executive Service Presidential Rank Award of Meritorious Executive under President George W. Bush, the National Center for Women & Policing’s “Breaking the Glass Ceiling” award and the Norfolk NAACP Trailblazer Award. She served on the U.S. Marine Corps Red Team, which monitored the Corps’ assessment of expanding infantry officer roles to women and has served on many charitable and diversity boards. Ms. Chandler received her B.A. from Louisiana State University and her J.D. from Loyola University School of Law. 

Blaise Judja-Sato is passionate about using technology to address global challenges in creating opportunities. His professional global experience ranges from startups to large multinationals; from governments to non-governmental organizations; and from the United Nations to social ventures and philanthropic institutions. Mr. Judja-Sato serves on the Supervisory Board of Jumia Technology AG (NYSE: JMIA) and is a member of the Risk and Audit, Nomination and Governance, and Compensation committees. He also sits on the global board of Grassroot Soccer, a global health non-profit. He is the founder of VillageReach, a nonprofit helping governments solve healthcare delivery challenges in low-resource communities; and the founder of the Resilience Trust, an organization dedicated to reimagining cardiovascular care in resource-challenged settings with a focus on Africa. He has previously held numerous senior leadership positions with global responsibilities, including Executive Director of the International Telecommunication Union; founder and President of the Nelson Mandela Foundation USA; co-head of global development initiatives at Google; director of international business development at Teledesic; regional managing director at AT&T; and senior consultant at Accenture. Mr. Judja-Sato earned an MBA from The Wharton School at the University of Pennsylvania, an M.S. in engineering from Telecom ParisTech, and a Master’s degree in mathematics from the University of Montpellier. 

Peter Lee has served as President, Chief Financial Officer, Secretary, and a member of the board of directors of Merida Merger Corp. I since 2019. Mr. Lee has spent more than 20 years as an investment professional in both public markets and public equity. Since April 2018, Mr. Lee has been an independent investor and consultant for hedge funds. From 2011 to April 2018, he co-founded and was a Managing Partner at Sentinel Rock Capital, LLC, a long/short equity oriented hedge fund. Prior to this, from 2009 to 2011, he was an Analyst and a Partner at Spring Point Capital, a long/short equity oriented hedge fund. From 2007 to 2009, he was the sector head for financial services and retail industries at Blackstone Kailix, the long/short equity hedge fund business of The Blackstone Group. From 2005 to 2007, he was an analyst at Tiger Management evaluating public investments. Mr. Lee joined Tiger Management out of business school. Earlier, Mr. Lee focused on growth private equity investing in financial services and financial technology companies as a senior associate at J.H. Whitney & Company from 2000 to 2002 and an associate at Capital Z Partners from 1999 to 2000. Mr. Lee began his career as an analyst at Morgan Stanley Capital Partners, the private equity investment fund of Morgan Stanley. Mr. Lee received a B.S. in Business Administration from the University of California, Berkeley Haas School of Business and an MBA from Stanford Graduate School of Business. 

Yoko Miyashita was appointed Chief Executive Officer of Leafly in August 2020 after serving as Leafly’s General Counsel since 2019. Ms. Miyashita has spent her career serving mission-driven companies navigating complex global regulatory environments in order to bring meaningful and compelling products to market. An expert in policy and advocacy, as General Counsel, she led Leafly’s position on key regulatory, compliance, and government affairs issues. She has focused on progressing Leafly’s reputation as a trusted and authoritative cannabis resource and leveraged an understanding of current cannabis regulations, and opportunities for change, to help scale Leafly’s product and sales strategy. Previously, Ms. Miyashita spent 14 years at Getty Images, where she led the global legal team as Senior Vice President and General Counsel. Prior to joining Getty Images, she practiced law with Perkins Coie LLP in Seattle. Ms. Miyashita received a J.D. from the University of Washington School of Law and a B.A. from the University of California, Berkeley. 

Alan Pickerill has served in a variety of finance and accounting roles over a 30+ year career, mainly for publicly traded technology companies. He is currently a board member and audit committee chair for Porch Group (NASDAQ: PRCH) and sits on the board of the YMCA of Greater Seattle. He is also an adjunct faculty member for the University of Washington Foster School EMBA program. Mr. Pickerill served as Expedia Group’s Executive Vice President, Chief Financial Officer and Treasurer from September 2017 to December 2019 and had been with the Company since 2008. Mr. Pickerill oversaw Expedia Group’s accounting, financial reporting and analysis, investor relations, treasury, internal audit, tax and global real estate teams. Previously, he served as Expedia Group’s Senior Vice President of Investor Relations and Treasurer. Mr. Pickerill began his career as an accountant for seven years at Deloitte and Touche before working at a variety of publicly traded technology and internet companies, including serving as Chief Financial Officer of INTERLINQ Software Corporation as well as roles at Microsoft and Getty Images. Mr. Pickerill was licensed as a certified public accountant in Washington in 1991. 

2022-01-04 21:35:00 GMT Leafly Announces Post-Combination Board of -2-

Mr. Pickerill received a B.A. in Business and Accounting from the University of Washington’s Michael G. Foster School of Business.

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