-
Senators Merkley, Daines And Other Bipartisan Lawmakers Introduce Cannabis-Banking Act In Congress
Thursday, April 27, 2023 - 7:28am | 1271A group of bipartisan lawmakers introduced a marijuana cannabis banking bill in Congress on Wednesday. What happened: US Senators Jeff Merkley (D) and Steve Daines (R) along with US Representatives David Joyce (R) and Earl Blumenauer (D) introduced the bipartisan, bicameral...
-
Akerna Shares Down As Cannabis Tech Co. Converts To Crypto Mining, Sells Its Software Assets To POSaBIT
Friday, January 27, 2023 - 12:05pm | 604Akerna Corp. (NASDAQ: KERN) will merge with Gryphon Digital Mining, Inc. in an all-stock deal. Simultaneously with the closing of the merger with Gryphon, Akerna will sell its software business to POSaBIT Systems Corporation (OTCQX: POSAF) (CSE:PBIT), a provider of payments infrastructure in the...
-
10 Predictions For The Cannabis Industry In 2023, From A Nasdaq CEO's Perspective
Monday, December 5, 2022 - 1:43pm | 2120By Jessica Billingsley, CEO of Akerna Corp (NASDAQ: KERN) Five years ago, I decided to leverage the knowledge gained from my 13+ years in cannabis and propose some predictions for the cannabis industry for the upcoming year. When those predictions turned out to be largely accurate, sharing my...
-
Akerna Reports Software Revenue Increase Of 40% YTD, Double-Digit YoY Growth For Q3
Monday, November 14, 2022 - 9:58am | 487Akerna (NASDAQ: KERN) reported on Monday its unaudited financial results for the third quarter, which ended September 30, 2022. The company saw a “double-digit growth in reported software sales for the quarter,” Jessica Billingsley, CEO of Akerna, said. The Denver-based company also...
-
Akerna Report: Halloween Cannabis Sales Grew 6%YoY, Reaching Almost $250M
Friday, November 4, 2022 - 9:35am | 372Akerna (NASDAQ: KERN) announced that US cannabis shoppers spent a total of $249.6 million on adult-use and medical cannabis products during this year's Halloween weekend, reflecting year-over-year growth in excess of 6%. Halloween weekend has historically earned a place as one of the top ten...
-
Consumer Spending On Cannabis Roughly Flat YOY Over Labor Day Weekend
Monday, September 12, 2022 - 10:54am | 367Akerna (NASDAQ: KERN) revealed that consumer cannabis spending over Labor Day weekend was roughly flat over the same time period last year, with this year showing a total of $229.8 million in sales. Compared to last year’s Labor Day weekend spend, this year’s holiday weekend showed a 2...
-
Akerna Q2 Revenue Grows 24% YoY, What About Net Loss?
Thursday, August 11, 2022 - 7:28am | 437Akerna (NASDAQ: KERN) released its unaudited financial results for the quarter ended June 30, 2022, revealing revenue of $6.1 million, up 24% year-over-year Q2 2022 Financial Highlights Gross profit of $4.2 million, or 69.8% of total revenues, was up 42% year-over-year compared to $3.0 million,...
-
Akerna Shares Slightly Down On Q1 Earnings Report, Revenue Improves
Tuesday, May 10, 2022 - 9:49am | 391Akerna (NASDAQ: KERN) reported its unaudited financial results for the quarter ended March 31, 2022. "As demand for Akerna’s platforms from cannabis operators, regulators, and brands continues to widen, we are pleased to report 73% year over year total revenue growth for the first...
-
Akerna Reports 61% YoY Increase In Q4 Revenue, Wider Net Loss
Tuesday, March 22, 2022 - 7:33am | 606Akerna (NASDAQ: KERN) has reported its unaudited financial results for the quarter and year ended December 31, 2021. CEO Jessica Billingsley said that the company “experienced significant growth in 2021, with our enterprise business leading the way forward into 2022." "Our...
-
What Do Women Want? Akerna's Report Reveals Top Marijuana Products Among Female Cannabis Shoppers
Thursday, March 3, 2022 - 11:52am | 471Akerna (NASDAQ: KERN) released a data report on women's cannabis shopping habits as the demographic group continues to gain market share, up 3.3% since 2019. "Cannabis has plenty of stigmas and stereotypes, but the data doesn't lie - it has a broad appeal to people of all ages,...
-
Cannabis Movers & Shakers: Akerna, iAnthus, Cronos Group, WSU's Cannabis Research Center
Thursday, January 20, 2022 - 4:28pm | 805Akerna Taps Current COO Ray Thompson As President & COO Akerna Corp (NASDAQ: KERN) announced Thursday that it has appointed its current COO as its president and COO, effective immediately. Thompson brings a wealth of company knowledge and experience, having overseen the day-to-day...
-
Report: Americans Are Celebrating Traditional Holidays With Cannabis, Spend Millions Doing So
Thursday, January 6, 2022 - 10:04am | 601Cannabis enterprise software company Akerna (NASDAQ: KERN) announced Thursday the top five sales days for the cannabis industry in 2021. Sales have far outpaced the previous year and there's no sign of slowing down. 2021 U.S. Top Cannabis Sales Days: 420/April 20: $111...
-
Visa Warns It Will Crack Down On Cannabis Retailers' Use Of Cashless ATM Payment 'Scheme'
Monday, December 13, 2021 - 10:17am | 1064The burgeoning recreational marijuana industry – illegal at the federal level yet legal for adults in some 18 U.S. states and DC – has faced multiple challenges throughout the years, mostly because of the Schedule 1 status of the cannabis plant. The...
-
Akerna's Stock Slightly Up On Announcing 38% YoY Increase In Q3 Revenue
Tuesday, November 9, 2021 - 9:33am | 381Cannabis software company Akerna Corp. (NASDAQ: KERN) reported its unaudited financial results Monday for the quarter ended September 30, with software revenue spiking 37% year-over-year to $4.6 million. The latest financial update follows the company's recent purchase of Viridian Capital...
-
Akerna Launches 'Akerna Connect' – New eCommerce Software Enabling Cannabis Dispensaries To Digitally Reach Customers
Wednesday, August 18, 2021 - 11:00am | 371Cannabis software company Akerna (NASDAQ: KERN) announced its new offering on Wednesday - Akerna Connect. The new eCommerce software provides a suite of digital marketing tools to retailers and dispensaries enabling locations to reach their consumers and enhance their shopping experience...