Akerna Closes $17 Million Debt Financing

DENVER, June 09, 2020 (GLOBE NEWSWIRE) -- Akerna Corp. (Nasdaq: KERN), a leading provider of enterprise software solutions for the cannabis industry, has closed a $17 million debt financing with two institutional investors. Proceeds from the financing will be used to support Akerna’s ongoing growth initiatives, continued investment in technology infrastructure and general corporate purposes. "This financing further strengthens our balance sheet and gives us the ability to capitalize on the significant opportunities that are emerging for Akerna on the heels of the COVID-19 epidemic,” said…

Akerna Set to Join the Russell 2000® Index and Russell 3000® Index

DENVER, June 08, 2020 (GLOBE NEWSWIRE) -- Akerna Corp. (Nasdaq: KERN), a leading provider of enterprise software solutions for the cannabis industry, is set to join the small cap Russell 2000® Index and the broad-market Russell 3000® Index at the conclusion of this year’s reconstitution of the Russell stock indexes, effective after the U.S. stock market opens on Monday, June 29, 2020, according to a preliminary list of additions posted June 5, 2020. “Inclusion in the Russell Indexes is an important milestone and will increase the overall awareness and exposure of our stock within the…

Akerna Flash Report: Boomers Drive the Edibles Market Among First-time Buyers

Purchases of Tinctures, Concentrates, Have Fallen Out of FavorDENVER, May 29, 2020 (GLOBE NEWSWIRE) -- Business intelligence from Akerna (Nasdaq: KERN), a leading compliance technology provider and developer of the cannabis industry’s first seed-to-sale enterprise resource planning (ERP) software technology (MJ Platform®), shows among first-time cannabis buyers, baby boomers (55+) spend 22% on edibles versus 9% on edibles for consumers in the18-34-year-old age range. “The image of Jeff Spicoli as the stereotypical stoner has tainted the image of the cannabis consumer,” said Aryeh Primus, vice…