Press Releases

Gryphon Digital Mining, a privately held bitcoin mining company, to merge with Akerna in an all-stock transaction that will advance Gryphon’s leading ESG-committed, carbon neutral bitcoin mining business Akerna to sell its cannabis software business, including MJ Platform and Leaf Data Systems, to POSaBIT in a $4 million cash transaction DENVER, Jan. 27, 2023 (GLOBE NEWSWIRE) -- Akerna Corp. (“Akerna”) (Nasdaq: KERN) today announced it will merge with Gryphon Digital Mining, Inc. (“Gryphon”) in an all-stock deal. Simultaneously with the closing of the merger with Gryphon, Akerna will sell its…

Akerna’s sale of 365 Cannabis to 365 Holdco LLC closed today January 11. Akerna received consideration for 365 with an aggregate value of approximately $2.8 million. DENVER, Jan. 11, 2023 (GLOBE NEWSWIRE) -- Akerna (Nasdaq: KERN) today announced its sale of 365 Cannabis to 365 Holdco LLC (“365 Holdco”). The sale was completed pursuant to the terms and conditions of stock purchase agreement by and between Akerna and 365 Holdco (the “SPA”) entered into by the parties on January 11, 2023. Under the terms of the SPA, as consideration for the sale of all of the outstanding shares of common stock of…

Cannabis sales for the Thanksgiving holiday were up 12% YoY, Green Wednesday on track to become the second highest cannabis sales day of 2022 with a staggering $116.4M in single day sales, showing 16% increase YOYDENVER, Nov. 29, 2022 (GLOBE NEWSWIRE) -- Business intelligence from 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, delivered data showing that Green Wednesday and Black Friday are on track yet again to become the second- and…

Software revenue increases 17% for Q3 and 39% for the year-to-dateDENVER, Nov. 14, 2022 (GLOBE NEWSWIRE) -- Akerna (Nasdaq: KERN), a leading enterprise software company and developer of one of the most comprehensive technology infrastructures, ecosystems, and compliance engines powering the global cannabis industry, today reported its unaudited financial results for the third quarter, ended September 30, 2022. “We continue to focus our resources on building a stable and sustainable financial model at Akerna, and we are well-positioned for future growth,” said Jessica Billingsley, CEO of Akerna…

DENVER, Nov. 07, 2022 (GLOBE NEWSWIRE) -- 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, today announced that it will effect a 20-for-1 reverse stock split (the “Reverse Stock Split”) of its shares of common stock, $0.0001 par value (“Common Shares”) that will become effective on November 8, 2022 at 12:01 a.m. Eastern Standard Time. The Company’s Common Shares are expected to begin trading on a split-adjusted basis when the market opens on…

DENVER, Nov. 07, 2022 (GLOBE NEWSWIRE) -- 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, today announced that management will report its financial results for the third quarter ended September 30, 2022, prior to the commencement of trading on Monday, November 14, 2022. The company will subsequently host a conference call at 11:00 AM ET, consisting of prepared remarks by management and a live Q&A Session. Any interested parties who would like…

Cannabis sales over Halloween weekend were 6% more than last yearDENVER, Nov. 03, 2022 (GLOBE NEWSWIRE) -- Akerna (Nasdaq: KERN), a leading enterprise software company and the developer of one of the most comprehensive technology infrastructures, ecosystems, and compliance engines powering the global cannabis industry, today 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…

DENVER, Oct. 03, 2022 (GLOBE NEWSWIRE) -- Akerna Corp. (Nasdaq: KERN) (“Akerna” or the “Company”), a leading enterprise software company and developer of one of the most comprehensive technology infrastructures, ecosystems, and compliance engines powering the global cannabis industry, today announced that it has entered into a securities purchase agreement with certain institutional investors to purchase 400,000 shares of Series A convertible redeemable preferred stock and 100,000 shares of Series B convertible redeemable preferred stock. Each share of Series A and Series B preferred stock has…

Consumer spending on cannabis roughly flat YOY over Labor Day weekend, a historic Top 5 Cannabis Spending holidayDENVER, Sept. 12, 2022 (GLOBE NEWSWIRE) -- Akerna (Nasdaq: KERN), a leading enterprise software company and the developer of one of the most comprehensive technology infrastructures, ecosystems, and compliance engine powering the global cannabis industry, notes 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 $229.8M in sales. Compared to last year’s Labor Day weekend spend, this year’s…

DENVER, Sept. 07, 2022 (GLOBE NEWSWIRE) -- Akerna (Nasdaq: KERN), a leading enterprise software company and developer of one of the most comprehensive technology infrastructures, ecosystems, and compliance engines powering the global cannabis industry, announced today that Dean Ditto, CFO, will present a corporate overview at the 24th Annual H.C. Wainwright Global Investment Conference, which is being held September 12 – 14, 2022. The virtual presentation will be available on-demand beginning on September 12, 2022 at 7:00 a.m. ET to H.C. Wainwright registered attendees of the conference…