Amid the ongoing COVID-19 pandemic, delivery of adult use cannabis remains illegal in the state of Colorado despite many others having deemed it an essential service.Thus, a group of cannabis industry insiders launched a "Cannabis Against COVID" campaign, aimed at petitioning the state of Colorado to allow for home deliveries of recreational marijuana, adding a temporary $20 surcharge to each delivery, which would go directly to COVID-19 relief agencies.The campaign has partnered with cannabis software and consulting firm MJ Freeway, owned by Akerna Corp (NASDAQ: KERN), to cultivate an online streaming festival, "Cannabis Against COVID: Herb For The Cure." This virtual stream is intended to raise awareness not only for their Colorado initiative, but also for similar initiatives nationwide. "The monetary funds provided by our campaign will go directly toward the frontline medical workers fighting the ongoing war against COVID-19, which could kill more Americans than Vietnam. The numbers show that legalizing cannabis delivery has immense potential to directly combat this pandemic overnight," said Cannabis Against COVID founder, Dave Sheldon.See more from Benzinga * ESPAÑOL • Empresas de Cannabis con Acciones el NYSE y NASDAQ: Una Lista Completa(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Business intelligence from Akerna (KERN), a leading compliance technology provider and developer of the cannabis industry’s first seed-to-sale enterprise resource planning (ERP) software technology (MJ Platform®) shows that April 15th, after the COVID-19 stimulus checks were received by many, was far and away the biggest Wednesday in the history of legal cannabis, with both ticket size and total revenue up over 50% compared to a normal Wednesday in 2020. During the same period, recreational cannabis spending is up with a 20% increase in ticket size. In contrast, overall recreational sales remain below early 2020 revenues; a 30+% increase in average ticket size has not been enough to compensate for a smaller number of shoppers.
Akerna (KERN), a global regulatory compliance technology company in the cannabis space, is one of the first companies to build and launch functionality that integrates with Metrc API enabling single entry of the information necessary to initiate facility license transfers. The new capability is available through both Trellis and MJ Platform, the signature seed to sale tracking solution provided by MJ Freeway, an Akerna company. MJ Freeway adopted the technology after Akerna acquired Trellis, which built the initial integration.
Business intelligence from Akerna (KERN), a leading compliance technology provider and developer of the cannabis industry’s first seed-to-sale enterprise resource planning (ERP) software technology (MJ Platform®) shows pickup as a fulfillment method in Nevada increased to 67% of total sales on May 7. The state eased restrictions on curbside pickup as a fulfillment method late last week. Before restrictions being lifted, recreation sales in the state declined 56% when compared to the rest of the recreational market’s average decline of only 1%.
Akerna (KERN), a leading compliance technology provider and developer of the cannabis industry’s first seed-to-sale enterprise resource planning (ERP) software technology (MJ Platform®), will acquire cannabis cultivation management and compliance software company Trellis for $2.0 million in an all-stock deal. “Trellis has built a great product that has attracted an impressive list of well-known California operators,” said Jessica Billingsley, CEO, Akerna.
Akerna (KERN), a global regulatory compliance technology company in the cannabis space, has completed an agreement with Rolling in Green, a pre-roll cannabis automation company that provides a turn-key processing solution for licensed producers. Akerna will use its strategic agreement with NetSuite to help the company manage inventory, track their financials, and maintain customer relationship management (CRM) systems. “We selected Akerna’s MJ Platform solution because of its seamless integration with NetSuite,” said Darren Vargo, CEO, Rolling in Green.
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Business intelligence from Akerna (KERN), a leading compliance technology provider and developer of the cannabis industry’s first seed-to-sale enterprise resource planning (ERP) software technology (MJ Platform®), shows sales on 420, a day of celebration for cannabis enthusiasts, made this years’ 420 the biggest Monday in 2020. Sales increased 111% over the previous Monday averages this year.
Business intelligence from Akerna (KERN), a leading compliance technology provider and developer of the cannabis industry’s first seed-to-sale enterprise resource planning (ERP) software technology (MJ Platform®) shows in the wake of many states reopening, online cannabis orders and pickup as a fulfillment method have started to decline. As the industry evolves to meet customer needs, product pickup as a fulfillment method increased 141% year-over-year, accounting for 16% of order sales for 2020.
Business intelligence from Akerna (KERN), a leading compliance technology provider and developer of the cannabis industry’s first seed-to-sale enterprise resource planning (ERP) software technology (MJ Platform®) shows cannabis sales in Colorado increased 140% on Monday, March 23, after Denver Mayor Michael Hancock ordered all rec dispensaries, within the city limits, to stay closed until April 10. Overall, in markets with heavier restrictions like California, Colorado and Michigan, where people are being asked to stay at home to reduce the spread of COVID-19, recreational sales are up 20% or more for the period of March 11-23,compared to previous three years of sales, with an average basket price over $100.
Business intelligence from Akerna (KERN), a leading compliance technology provider and developer of the cannabis industry’s first seed-to-sale enterprise resource planning (ERP) software technology (MJ Platform®) shows cannabis sales are thriving during the COVID-19 pandemic. “Cannabis operators are running an essential business,” said Ostap Rapeyko, business intelligence analyst, Akerna. With demand at an all-time high, the MJ Platform team is available to help operators make smarter business decisions through analytics and reporting.
DENVER, April 01, 2020 -- Jessica Billingsley, CEO, Akerna, (Nasdaq: KERN), a leading compliance technology provider and developer of the cannabis industry’s first.
Business intelligence from Akerna (KERN), a leading compliance technology provider and developer of the cannabis industry’s first seed-to-sale enterprise resource planning (ERP) software technology (MJ Platform®) in collaboration with *Ample Organics, shows, year-over-year, spirits sales have increased 32%. According to market insights from Ample Organics, Gin sales topped that growth with a year-over-year increase of 55% in March. Business intelligence from Akerna also shows, year-over-year, March 2019 to March 2020, recreational cannabis spending is up with a 20% increase in ticket size.
Business intelligence from Akerna (KERN), a leading compliance technology provider and developer of the cannabis industry’s first seed-to-sale enterprise resource planning (ERP) software technology (MJ Platform®) shows recreational cannabis sales in Nevada have taken a steep decline reaching 56% when compared to the rest of the recreational market’s average decline of only 1%. On March 21, when communities started to realize the full effect of travel bans and shelter in place orders, recreational cannabis sales in Nevada dropped to a year low.
Denver-based cannabis compliance technology companies, Simplifya, the leading provider of regulatory and operational compliance software for the cannabis industry, and Akerna (KERN), developer of the cannabis industry’s first seed-to-sale enterprise resource planning (ERP) software technology (MJ Platform®), have entered into a collaboration to deliver integrated compliance and regulatory solutions to the cannabis industry through Leaf Data Systems. “We are incredibly excited that this partnership with Akerna will allow us to deliver an even more comprehensive compliance solution to the cannabis industry, across all segments,” said Marion Mariathasan, Simplifya CEO.
Akerna (KERN), a global regulatory compliance technology company in the cannabis space, is releasing a new eBook COVID-19 & Cannabis to help the cannabis industry, an essential business, thrive during uncertain times. Platform Insights is available through MJ Platform, the signature solution from MJ Freeway, an Akerna Company.
DENVER, May 06, 2020 -- Akerna (Nasdaq: KERN), a leading enterprise software solutions provider and developer of the cannabis industry’s first seed-to-sale enterprise resource.
DENVER, May 12, 2020 -- Akerna Corp. (Nasdaq: KERN, KERNW), a leading provider of enterprise software solutions for the cannabis industry, today announced financial results for.
Business intelligence from Akerna (KERN), a leading compliance technology provider and developer of the cannabis industry’s first seed-to-sale enterprise resource planning (ERP) software technology (MJ Platform®) shows medical cannabis sales in Colorado increased 57% over previous weeks in 2020. Medical customers are buying 42% more products when shopping.
Business intelligence from Akerna (KERN), a leading compliance technology provider and developer of the cannabis industry’s first seed-to-sale enterprise resource planning (ERP) software technology (MJ Platform®) shows women, across all age groups 18-55+ drove cannabis sales in the first quarter, 2020. Since its establishment in 2010, Akerna has tracked more than $18 billion in cannabis sales.