Akerna Releases 2021 Cannabis Industry Year-End Review — Greenway Magazine


2021 brought the biggest cannabis sales day ever, the first ever comprehensive cannabis reform bills, new markets, new opportunities and much more.

Akerna (Nasdaq: KERN), a leading enterprise software company and developer of the most comprehensive technology infrastructure, ecosystem and compliance engine powering the global cannabis industry, announced today released its annual year-end review of the cannabis industry.

You can access the report here.

This report sheds light on 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, e-commerce, and more.

Cannabis Industry Year-End Review Sections + Authors:

  • Introduction: Jessica Billingsley, CEO, Co-Founder and Chairman of the Board of Akerna; Chairman of the Board of the US Cannabis Council
  • Cannabis markets and investment: Tahira Rehmatullah, CEO and co-founder of Commons; Partner at Highlands Venture Partners; Member of the board of directors of Akerna, Ceres Acquisition Corp. and convenience store
  • Journalist thoughts: Javier Hasse, Managing Director, Benzinga Cannabis; CEO, El Planteo
  • Journalist thoughts: Debra Borchardtco-founder, editor at Green Market Report
  • Data analysis: Consumer spending and trends: James AhrendtBusiness Intelligence Architect, Akerna
  • Cannabis Marketing Trends for 2022: Navigating the Present While Predicting the Future: Brad BogusVice President of Marketing and Communications, Akerna
  • Using e-commerce to drive cannabis sales: Raphael SabbaghCorporate Account Manager, Akerna

The report also includes information on 2021 data, current US federal reform efforts, cannabis legal states, the US Cannabis Council, and more.

“Despite its challenges, 2021 has brought another year of growth in markets, consumers and spending for the resilient cannabis industry,” said Jessica Billingsley, CEO of Akerna. “I knew cannabis would never achieve mass legalization and wide-scale consumer adoption until it could be transparently and securely tracked and traced, and I am thrilled that the ecosystem of Akerna’s software has provided the supply chain monitoring that our dynamic and growing industry needs.”

About Akerna:

Akerna (Nasdaq: KERN) is an enterprise software company focused on compliant service to the cannabis, hemp and CBD industry. First launched in 2010, Akerna was the first Nasdaq-listed cannabis software company. The company’s core technology, MJ Platform, the world’s leading infrastructure-as-a-service platform, powers retailers, manufacturers, brands, distributors and growers.

For more information, visit https://www.akerna.com/.

Forward-looking statements:

DISCLAIMER: 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”, “projects”, “expects”, “anticipates”, “anticipates”, “plans”, “intends”, “believes” , “seeks”, “may”, “will”, “should”, “future”, “propose” and variations of these similar words or expressions (or negative versions of these words or expressions) are intended to identify statements prospective. These forward-looking statements include, but are not limited to, statements regarding: the future state of the cannabis market, key drivers of future cannabis markets, the potential benefits of Akerna Connect for brands and retailers, legislation potential cannabis federal in 2022, and other similar statements. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are beyond the control of ‘Akerna, which could cause actual results to differ materially from those referred to in the forward-looking statements. Important factors, among others that could affect actual results or results, include (i) Akerna’s ability to maintain customer and supplier relationships and retain its management and key employees, (ii ) changes in applicable laws or regulations, (iii) market changes 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 United States Securities and Exchange Commission, including those under “Risk Factors” in this document. You are cautioned not to place undue reliance on forward-looking statements. All information contained herein speaks only as of the date hereof, in the case of information about Akerna, or as of the date of such information, in the case of information from persons other than Akerna. Akerna assumes no obligation 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 that such forecasts and estimates will prove to be accurate in whole or in part.


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