DENVER, Aug. 04, 2022 (GLOBE NEWSWIRE) — Akerna (Nasdaq: KERN), a number one undertaking instrument corporate and developer of essentially the most complete generation infrastructure, ecosystem, and compliance engine powering the worldwide hashish trade, as of late introduced the discharge of its annual mid-year assessment.

This document highlights the present state of the hashish trade. It takes a have a look at the desires of rising hashish operators, and the way generation drives that expansion and helps the maturation of the trade.

You can get admission to the document right here.

“Market fluctuations have affected each and every sector, and the hashish trade is not any exception. Despite those demanding situations, the trade stays resilient and continues to transport ahead,” mentioned Jessica Billingsley, Akerna Chief Executive Officer. “This unfastened document supplies a snapshot of an important tendencies within the trade and provides a glimpse of what you’ll be able to be expecting as prison hashish continues to mature.”

Cannabis Industry Mid-Year Review Sections + Authors:

Introduction: Jessica Billingsley, Chief Executive Officer, Akerna

When is Your Business Ready for Accounting & Financials?: Dean Ditto, Chief Financial Officer, Akerna

Value of Mature Analytics for Your Retail Operations: David McCulluogh, Chief Technology Officer, Akerna

The document additionally contains knowledge on 2022 hashish gross sales information, ERP differentiators, and extra.

About Akerna

Akerna (Nasdaq: KERN) is an undertaking instrument corporate occupied with compliantly serving the hashish, hemp, and CBD trade. First introduced in 2010, Akerna was once the primary hashish instrument corporate indexed on Nasdaq. The corporate’s cornerstone generation, MJ Platform, the arena’s main infrastructure as a provider platform, powers shops, producers, manufacturers, vendors, and cultivators.

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Forward-Looking Statements:

Certain statements made on this mid-year assessment are “forward-looking statements” inside the that means of the “protected harbor” provisions of the United States Private Securities Litigation Reform Act of 1995, as amended. When used on this mid-year assessment, the phrases “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “might, ” “will,” “will have to,” “long run,” “suggest” and diversifications of those phrases or identical expressions (or the detrimental variations of such phrases or expressions) are supposed to spot forward-looking statements. Such forward-looking statements come with however don’t seem to be restricted to statements referring to: the expected long run expansion of the hashish trade, the opportunity of the SAFE Banking Act passing, Akerna’s skill to toughen hashish industry and meet long run wishes, long run expansion of Akerna’s industry and different identical statements. These forward-looking statements don’t seem to be promises of long run efficiency, stipulations or effects, and contain quite a few vital identified and unknown dangers, uncertainties, assumptions, and different vital elements, lots of which might be out of doors Akerna’s keep an eye on, that would reason precise effects or results to range materially from the ones mentioned within the forward-looking statements. Important elements, amongst others that can impact precise effects or results, come with (i) Akerna’s skill to handle relationships with shoppers and providers and retain its control and key workers, (ii) adjustments in acceptable rules or rules, (iii) adjustments out there position, (iv) dangers associated with our skill to effectively combine our acquisitions and put in force doable industry alternatives, and (iv) and different dangers and uncertainties disclosed every now and then in Akerna’s filings with the USA Securities and Exchange Commission together with its annual document on Form 10-Okay for the fiscal 12 months ended December 31, 2021, together with the ones beneath “Risk Factors” therein. You are cautioned to not position undue reliance on forwardlooking statements. All knowledge herein speaks simplest as of the date hereof, on the subject of details about Akerna, or the date of such knowledge, on the subject of knowledge from individuals rather then Akerna. Akerna undertakes no accountability to replace or revise the guidelines contained herein, apart from as required by way of legislation.

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Meghan Shine, Head of Strategic Operations & Communications
[email protected]