Tag: Akerna

Avatar photoDebra BorchardtJanuary 12, 2023
BusinessFinancial

Marijuana M&A Moves

7min00
There have been a lot of expectations for consolidation in the cannabis industry and so it seems 2023 is already off to a busy start. Today there are three deals to mention. Akerna Akerna (Nasdaq: KERN) announced it was selling 365 Cannabis also known as The NAV People to 365 Holdco LLC as of an […]
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Avatar photoStaffNovember 3, 2022
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BusinessDaily Hit

The Daily Hit: November 3, 2022

3min00
The Daily Hit is a recap of cannabis business news for Nov. 3, 2022. ON THE SITE Report: New York State Cannabis Fund Managers Have Conflicts of Interest New York’s vaunted $200 million fund to support social equity cannabis companies with real estate has an apparent ethics problem: The two individuals appointed to lead the […]
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Avatar photoStaffOctober 3, 2022
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BusinessDaily Hit

The Daily Hit: October 3, 2022

7min00
The Daily Hit is a recap of cannabis business news for October 3, 2022. ON THE SITE SEC Charges Eight In Cannabis Stock Promotion Scheme Elegance Brands, Emerald Health Pharmaceutical, and High Times are accused of a stock promotion scheme – The Securities and Exchange Commission announced on September 30 that it had charged eight […]
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Avatar photoStaffAugust 11, 2022
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BusinessDaily Hit

The Daily Hit: August 11, 2022

9min00
The Daily Hit is a recap of cannabis business news for August 11, 2022. ON THE SITE Cannabis Consumption on Track to Beat Alcohol As talks revolving around the federal legalization of cannabis splinter in Congress, the question of whether cannabis can eat beverage alcohol’s margins remains a growing one. In a report, titled, “Is […]
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Avatar photoAdam JacksonAugust 11, 2022
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BusinessTechnology

Akerna Misses on Revenue, Bookings Down

3min00
Akerna Corp. (Nasdaq: KERN) posted less than positive results as it missed expectations — showing that mixed demand and weaker sales are rippling through the sector. The cannabis tech firm released its second-quarter financial report card ending June 30, 2022. Akerna missed expectations with total revenues of approximately $6.1 million during the period, a 24% […]
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Avatar photoStaffJune 30, 2022
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BusinessDaily Hit

The Daily Hit: June 30, 2022

11min00
The Daily Hit is a recap of the top cannabis business stories for June 30, 2022. ON THE SITE Tyson 2.0 Raises $9M with Plans to Expand Celebrity Property Cannabis advocate and former boxer  Mike Tyson’s cannabis brand Tyson 2.0 announced the close of its oversubscribed $9 Million Series A round led by JW Asset […]
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Avatar photoStaffJune 30, 2022
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BusinessPublicTechnology

Akerna Shares Plunge On New Offering

3min00
Despite being in financial trouble, cannabis tech firm Akerna Corp. (Nasdaq: KERN) announced the pricing of an underwritten public offering of 29,382,861 units with common stock warrants. The units are being sold at a public offering price of $0.23 per unit and the pre-funded units are being sold at a public offering price of $0.2299 […]
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Avatar photoDebra BorchardtJune 3, 2022
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Business

Cannabis Tech Begins Cutting Jobs

7min00
First Akerna (NASDAQ: KERN) and now Eaze seem to be laying off cannabis tech workers. Akerna had announced it was looking at strategic alternatives for the company as the CFO left. Then last week, it announced was cutting its workforce and operating costs to save money. Akerna Cuts CEO Jessica Billingsly said, “We can see a […]
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The Green Market Report focuses on the financial news of the rapidly growing cannabis industry. Our target approach filters out the daily noise and does a deep dive into the financial, business and economic side of the cannabis industry. Our team is cultivating the industry’s critical news into one source and providing open source insights and data analysis

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