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Akerna announces eCommerce platform, Akerna Connect, enabling cannabis dispensaries to offer online ordering, loyalty programs, and text messaging

Cannabis Law Report

Akerna Connect is an eCommerce software which provides a suite of digital marketing tools to retailers and dispensaries so locations can reach their consumers and enhance the shopping experience through online ordering, loyalty programs, and text messaging.

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cbdMD Therapeutics Releases Research Plan

Cannabis Law Report

NYSE American: YCBD, YCBDpA), one of the leading, and most highly trusted and recognized CBD companies, announced today that its recently formed division, cbdMD Therapeutics, has initiated talks with one of the leading US cannabinoid research institutes, to identify novel cannabinoids for therapeutic use. produced, THC-free 1 CBD products.

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HempFusion Reports Q2, 2021 Financial Results

Cannabis Law Report

Year Over Year Revenues Up 84%, Q2 net revenues up 25% sequentially over Q1 and Year Over Year Ecommerce Sales Up 268%. CBD –HempFusion Wellness Inc. Direct-to-consumer eCommerce sales increased 37% to $334,322 from $244,255 in Q1. HempFusion’s ecommerce business is growing. All dollars are stated in US Dollars.

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OLB Group Achieves Annual Transaction Volume Run Rate of $1.35 Billion Following CBD Merchants Acquisition

Cannabis Law Report

Annual Revenue Run Rate for eCommerce Merchant Services, Anticipated to be Approximately $36 Million and Positive EBITDA for 2022. After the Company’s acquisition of a portfolio of CBD merchant accounts in the last quarter, OLB has started the current year with the highest revenue run rate in the history of the company.

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Merrco Payments Launches Enhanced Functionality for Software Solution Providers to Seamlessly Enable Payment Processing in the U.S. and Canada

Cannabis Law Report

TORONTO–(BUSINESS WIRE)– #CBD –With a strong desire to meet the growing needs of technology partners and their U.S. PayHQ is now available for easy REST API integration with POS and ISV partners at large, enabling in-person and online payment card acceptance, including for CBD and cannabis ancillary businesses in the U.S.

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OLB Group Acquires CBD Merchant Portfolio with Annual Transaction Volume Over $400 Million

Cannabis Law Report

(NASDAQ: OLB), a diversified fintech merchant services provider and Bitcoin mining enterprise, today announced it has entered into a definitive agreement to acquire a portfolio of cannabidiol (CBD) merchants that will utilize the company’s SecurePay Payment Gateway to process payments. through 2028. Future OLB Press Releases and Updates.

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Canopy Growth posts CA$1.7 billion annual loss

Cannabis Law Report

.” 1 Unless otherwise indicated, market share data disclosed in this press release is calculated using the Company’s internal proprietary market share tool that utilizes point of sales data supplied by a third-party data provider, government agencies and our own retail store operations across the country.

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