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Akerna (Nasdaq: KERN ), an enterprise software, leading compliance technology provider, and developer of the cannabis industry’s first seed-to-sale enterprise resource planning (ERP) software technology (MJ Platform ® ), announced a new offering, Akerna Connect. The tools that Akerna Connect provides our dispensary are game changing.
These new team members will be instrumental as we scale our business to tackle the compliance and marketing needs of companies in both the cannabis sector and other highly regulated industries.”. Mainstream brands also use the Fyllo Data Marketplace to target previously inaccessible cannabis and CBD consumers.
Metrc stated, “Seamless data tracking in Metrc helps operators optimize inventory control, accurately report sales data, and improve cultivation management. With the new contract, Metrc is poised to take over Illinois’ seed-to-sale tracking for licensed operators. Illinois uses BioTrack as its current track-and-trace vendor.
Akerna (Nasdaq: KERN ), an enterprise software, leading compliance technology provider, and developer of the cannabis industry’s first seed-to-sale enterprise resource planning (ERP) software technology (MJ Platform®) today announced the release of its second annual mid-year review. Full cannabis supplychaindata.
[link] [link] At Meadowlands, representatives from along the licensed California cannabis supplychain discussed creating an environment of open, cooperative cannabis, scaling in the legal market, and capturing the opportunity to finally a create a cannabis industry in California as it should be. no one can operate in a silo.
Changes in regulations can have ripple effects throughout the industry, impacting supplychains, investment strategies, and consumer access to medical cannabis products. Effective supplychain management encompasses inventory management, transportation logistics, and compliance with regulatory requirements.
It has the potential to revolutionize the experience for consumers and companies alike, from improving the cultivation process and boosting production to increasing efficiency, solving supplychain issues, and enhancing the customer experience. Analysis from AI can help businesses increase customer loyalty and drive sales.
The state’s regulatory agency sent out a bulletin last week to notify business owners it will transition away by the end of the year from Akerna’s Leaf Data Systems platform in favor of one developed and maintained by regulators. The session will cover the fundamental processes and data reporting requirements of CCRS.
Hemp supplychain companies need qualified third-party laboratories that meticulously follow nuanced laws to ensure their products are permissible across the country. The diverse regulations mean multi-state hemp operators need reliable support to remain compliant.
Without compliance boxes checked, the operation will not be able to launch. Data & Software. Nearly every single state requires license holders to document compliance using seed-to-sale tracking software. This ensures that at any moment data can be sourced from every legal cannabis plant that has been grown and sold.
Akerna to acquire 365 Cannabis, built on Microsoft’s Dynamics 365 Business Central, and become the most comprehensive cannabis ERP system offering a complete portfolio of tax, financials, reporting and compliance systems. DENVER , Sept. LTM revenue. An updated investor deck on the transaction will be made available at: ir.akerna.com.
This milestone speaks to the success of licensees that have interacted with the Commission from the application stage, maintained compliance with our strict regulations, and contribute every day to communities across the Commonwealth. This past May, the Commission launched the license application for Marijuana Delivery Operators.
Treez ( www.treez.io ) , a private company and leading provider of an enterprise cloud platform that streamlines retail and supplychain operations in the cannabis market, today announced it was ranked #13 by the San Francisco Business Times on the Fast 100 annual fastest-growing companies in the Bay Area 2021 list.
Building the bridge between brands and the marketplace through testing and the importance of good data. A need for data at all of these levels and data specific to product type drives more advanced methodology in the laboratories, often resulting in a better understanding of the matrix and more accurate data.
Offer cannabis operators a seamless solution from startup to multi-state operator while maintaining regulatory compliance every step of the way through Akerna’s compliance gateway. First launched in 2010, Akerna has tracked more than $20 billion in cannabis sales to date and was the first cannabis software company listed on Nasdaq.
Agricor and Botanacor had achieved industry renown for delivering accurate and compliant product-testing services with the highest standards of cGMP for laboratory testing regulation, cGLP, and for scientific data integrity. Learn more: [link] ; 888-800-8223. About Agricor Laboratories.
This new facility, solely dedicated to our brands, also contains multiple indoor grow rooms that enables us to fully integrate the supplychain in the Washington market and expands our partners existing growing capacity in our southern Washington facility, located at the Cowlitz manufacturing site.
We juxtaposed state license counts against the 320 companies that connect to METRC and Leaf Data Services in WA. Since compiling this data– we took an updated look and found 43 new companies are now part of the software stack. Applications may include ERP, seed-to-sale, compliance, and supplychain/logistics.
20, 2022 /PRNewswire/ — Dama Financial (“Dama”), the nation’s largest provider of access to banking and payment solutions for the cannabis industry, has entered into an agreement to acquire GrowFlow Corp. (“GrowFlow”), whose business management and compliance tools have processed more than $3.3
Seamless data tracking helps operators optimize inventory control, accurately report sales data, and improve cultivation management. We are eager to work side-by-side with the Metrc team to establish a well-regulated supplychain to ensure the long-term safety and security of patients and providers.”.
Last summer, Cannabiz Media published its first Cannabis Software Stack Report where we juxtaposed state license counts against all the companies that connect to METRC and Leaf Data Services in WA. Since compiling this data, we published an update last November with 43 additional companies. Advisory (81). Conclusion.
And recent data released by the USDA on the value of national hemp production in 2021 reveals that, despite challenges across the country, hemp remains a viable and valuable domestic crop. The USDA is keenly aware of the need for more data from the industry to develop more specific, data-driven policies in the future.
Denver-headquartered Flowhub is a cannabis retail software company which delivers compliance, point of sale, inventory tracking and business intelligence data to cannabis dispensaries through a digital platform.
– Integrated solution provides a single platform for compliance with vaccination status tracking and weekly testing requirements – STONY BROOK, N.Y. & By providing both vaccine status management and weekly COVID-19 testing, the integrated platform offers a single solution for compliance with the ETS.
Brown-Forman’s Global Sustainability Goals broaden the company’s focus beyond owned-business operations to include its supplychain, where the majority of the company’s environmental footprint resides, and are centered around four pillars: Climate Action : Reduce greenhouse gas emissions. Imprecision in supply/demand forecasting.
The company’s intelligent UPC aims to reduce cost and increase transparency in all parts of the supplychain, from growers to brands to retailers to consumers. Cultivators and brands can use this barcode to upload and access test results and compliance certifications. Wilder Ramsey from Gron Ventures led the Series A round.
The Department took steps this year to deliver on the promise of consolidation, establishing regulatory reforms that streamline requirements for cannabis licensees, unifying department operations to more efficiently support the entire supplychain, centralizing complaint reporting, and enhancing access to public resources and information.
As part of the different compliance testing that’s required, it’s not mandated to test for any of these additives… What I’m anticipating based on the phone calls we’ve been getting is that a lot of our customers want to get the test to show that they’re not using the stuff.”. We have developed a test for that,” Lannon says. “
The Company is offering pooled surveillance testing in compliance with current CDC, FDA, and CMS guidances. The LinearDNA platform also has non-biologic applications, such as supplychain security, anti-counterfeiting and anti-theft technology. Visit adnas.com for more information.
To start, the idea of tracking marijuana traveling throughout the supplychain sounds simple enough. We’re not seeing it work it’s way all the way through the supplychain, which ultimately means it’s kind of a broken system at the moment,” he said. The Burden of Compliance. But not without some growing pains.
Each legislative modification to Oregon’s regulated cannabis system has attempted to improve the industry’s economic stability by removing barriers to entering the market while at the same time enhancing regulatory compliance to address public safety concerns while withstanding federal scrutiny.
MJ Freeway Co-Founder & Chief Executive Officer (CEO) Jessica Billingsley will lead Akerna and is the first CEO to bring a regulatory compliance technology company in the cannabis space to Nasdaq. Combination Creates Leading Nasdaq-Listed Compliance Technology Company in the Cannabis Space. Full press release below.
We’re going to skip the data highlights today and dive right into our very special interview. So Metrc, Franwell, you guys have been providing supplychain solutions since 1993. And Franwell, when it was founded in the early ’90s, was very focused on supplychain solutions that served the agricultural community.
The state’s regulatory bodies, including the Marijuana Regulatory Agency (MRA), are crucial in overseeing and enforcing compliance with industry standards. Entrepreneurs and businesses leverage this data to navigate the competitive landscape, ensuring they meet market demands.
Specialized coverage is needed for growing operations (indoor, outdoor, greenhouse), extractors, product infusers and manufactures, dispensaries (HIPPA compliance and cash management), transporters (product and cash), testing labs, commercial landlords and property managers, and security providers.
Production facility, aging warehouse, or supplychain disruption. Imprecision in supply/demand forecasting. Cyber breach or failure or corruption of our key information technology systems or those of our suppliers, customers, or direct and indirect business partners, or failure to comply with personal data protection laws.
The rapid increase in the volume of enterprise data and growing automation of business processes across several end-use industries such as retail, manufacturing, healthcare, and transportation are expected to drive the demand for business software and services over the forecast period. billion in 2020 (Grandview Research). from 2021 to 2028.
SEE MORE: 2020 Hemp Cultivation Data By State. When asked for comment, spokesperson for the Commission told Hemp Grower the agency has begun talks with MDAR about how to “safely introduce” hemp products into the cannabis supplychain. In 2020, MDAR licensed 69 growers for hemp cultivation, nearly on par with the previous year.
Production facility, aging warehouse, or supplychain disruption. Imprecision in supply/demand forecasting. Cyber breach or failure or corruption of our key information technology systems or those of our suppliers, customers, or direct and indirect business partners, or failure to comply with personal data protection laws.
Data firms like Leaflink have not yet registered a price drop. A representative for Leaflink said it’s too soon to see definitive or robust data for this summer’s outdoor price drops. Because the rest of the supplychain is better positioned than small farmers, in particular,” Coleman said.
Production facility, aging warehouse, or supplychain disruption. Imprecision in supply/demand forecasting. Cyber breach or failure or corruption of key information technology systems, or failure to comply with personal data protection laws. Decline in the social acceptability of beverage alcohol in significant markets.
Ed Keating: This is a Cannacurio Podcast by Cannabiz Media, your source for cannabis and hemp license news, right from the data vault. Initially started off in manufacturing and supplychain, and then moved over to accounting, working for the likes of folks like NetSuite and using SAP in the past. Welcome to the podcast.
Lori Ajax and David Hua at Meadowlands on Saturday, June 16, 2018 (Photo Credit by Kandid Kush) One of our primary goals for Meadowlands was to open the channels of communication and make sure compliance and regulatory information is available to everyone in the community who needs it, not just those who can afford compliance experts.
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