DENVER, Jan. 25, 2022 /PRNewswire/ -- Akerna
(Nasdaq: KERN), a leading enterprise software company and the
developer of the most comprehensive technology infrastructure,
ecosystem, and compliance engine powering the global cannabis
industry, today announced the release of its annual Cannabis
Industry Year-End Review.
Despite its challenges, 2021 brought another year of growth in
markets, consumers, and spending for the cannabis industry
You can access the report here.
This report highlights the state of the ever-changing and
emerging cannabis industry. It takes a deep dive into capital
markets, investing, new opportunities, data, consumer trends,
marketing, eCommerce, and more.
Cannabis Industry Year-End Review Sections + Authors:
- Introduction: Jessica
Billingsley, CEO, Co-Founder & Board Chair for Akerna;
Board Chair for the US Cannabis Council
- Cannabis Markets & Investing: Tahira Rehmatullah, CEO & Co-Founder of
Commons; Partner at Highlands Venture Partners; Member of the Board
of Directors for Akerna, Ceres Acquisition Corp., and
Superette
- Journalist Thoughts: Javier
Hasse, Managing Director, Benzinga Cannabis; CEO, El
Planteo
- Journalist Thoughts: Debra
Borchardt, Co-Founder, Executive Editor at Green Market
Report
- Analyzing the Data: Consumer Spending and Trends:
James Ahrendt, Business Intelligence
Architect, Akerna
- Cannabis Marketing Trends for 2022: Navigating the Present
While Predicting the Future: Brad
Bogus, Vice President of Marketing & Communications,
Akerna
- Using eCommerce to Drive Cannabis Sales: Rafael Sabbagh, Enterprise Account Executive,
Akerna
The report also includes information on 2021 data, current US
federal reform efforts, legal cannabis states, the US Cannabis
Council, and more.
"Despite its challenges, 2021 brought another year of growth in
markets, consumers, and spending for the resilient cannabis
industry," said Jessica Billingsley,
Akerna Chief Executive Officer. "I knew cannabis would never reach
mass legalization and wide consumer adoption until it could be
tracked and traced transparently and safely, and I am thrilled that
Akerna's ecosystem of software has provided that supply chain
tracking need for our vibrant and growing industry."
About Akerna:
Akerna (Nasdaq: KERN) is an enterprise software company focused
on compliantly serving the cannabis, hemp, and CBD industry. First
launched in 2010, Akerna was the first cannabis software company
listed on Nasdaq. The company's cornerstone technology, MJ
Platform, the world's leading infrastructure as a service platform,
powers retailers, manufacturers, brands, distributors, and
cultivators.
For more information, visit https://www.akerna.com/.
Forward-Looking Statements:
LEGAL DISCLAIMERS: Certain statements made in this year-end
review are "forward-looking statements" within the meaning of the
"safe harbor" provisions of the United States Private Securities
Litigation Reform Act of 1995, as amended. When used in this
mid-year review, the words "estimates," "projected," "expects,"
"anticipates," "forecasts," "plans," "intends," "believes,"
"seeks," "may," "will," "should," "future," "propose" and
variations of these words or similar expressions (or the negative
versions of such words or expressions) are intended to identify
forward-looking statements. Such forward-looking statements include
but are not limited to statements regarding: the future state of
the cannabis marketplace, the key drivers for future cannabis
markets, the potential benefits of Akerna Connect for brands and
retailers, potential federal cannabis legislation in 2022, and
other similar statements. These forward-looking statements are not
guarantees of future performance, conditions or results, and
involve a number of significant known and unknown risks,
uncertainties, assumptions, and other important factors, many of
which are outside Akerna's control, that could cause actual results
or outcomes to differ materially from those discussed in the
forward-looking statements. Important factors, among others that
may affect actual results or outcomes, include (i) Akerna's ability
to maintain relationships with customers and suppliers and retain
its management and key employees, (ii) changes in applicable laws
or regulations, (iii) changes in the market place due to the
coronavirus pandemic or other market factors, (iv) risks related to
our ability to successfully integrate our acquisitions and
implement potential business opportunities, and (iv) and other
risks and uncertainties disclosed from time to time in Akerna's
filings with the U.S. Securities and Exchange Commission, including
those under "Risk Factors" therein. You are cautioned not to place
undue reliance on forward-looking statements. All information
herein speaks only as of the date hereof, in the case of
information about Akerna, or the date of such information, in the
case of information from persons other than Akerna. Akerna
undertakes no duty to update or revise the information contained
herein, except as required by law. Forecasts and estimates
regarding Akerna's industry and end markets are based on sources
believed to be reliable; however, there can be no assurance these
forecasts and estimates will prove accurate in whole or in
part.
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SOURCE Akerna