“Akerna’s 420 data showed large increases in purchasing and consumption.
It didn’t even make the top five sales days of the year, indicating the cannabis retail industry had some work to do to adapt to new social guidelines and customer changing needs.
“Earlier this month, we released predictions for this year’s 420, derived from MJ Platform, which correctly predicted the $373+ million value,” said James Ahrendt, Business Intelligence Architect at Akerna.
Senate Majority Leader Chuck Schumer gave a speech on the Senate floor commemorating the holiday and calling for reform, some of which has already passed in the House.
Because cannabis is a Class I controlled substance at the federal level, cannabis businesses cannot access traditional banking services that are a given with other mainstream industries, which creates a variety of problems from securing loans, processing payments, receiving high fees, and in some cases, can impact payroll.
First launched in 2010, Akerna has tracked more than $20 billion in cannabis sales to date and is the first cannabis software company listed on Nasdaq.
MJ Freeway provides operators with MJ Platform, the industry-leading solution for regulatory compliance technology, from seed-to-sale-to-self.
states, including Pennsylvania, Oklahoma, Puerto Rico, Arizona, California, Utah, Michigan, Colorado, Montana, Nevada, Maine, Vermont, New Mexico, Missouri, Texas, Ohio, Maryland, Washington D.C., Kansas, Arkansas, New York.
Now operators, investors, and regulators can access the industry’s largest and most statistically relevant database to drive data-driven business decisions.
When used in this press release, the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “should,” “future,” “propose” and variations of these words or similar expressions and other risks and uncertainties disclosed from time to time in Akerna’s filings with the U.S.
A surge in shares of Alphabet following strong earnings drove the S&P 500 to a record high and bolstered the Nasdaq index, while investors hoped that the Federal Reserve would stick to its promise of keeping monetary policy loose.
It warns in the draft that it could cancel government contracts granted to firms that gain an unfair advantage from such subsidies.European officials are seeking the power to inspect companies’ offices outside of Europe, with the permission of the company and the knowledge of the foreign state, according to the draft.Regulators suggest ways that companies could allay concerns over subsidies, including granting rivals access to infrastructure, licensing on fair terms or publishing research.
Spot gold was down 0.6% to $1,765.85 per ounce by 1106 GMT, after dipping to its lowest since April 20 at $1,762.50.
Investors will be scrutinizing the Federal Reserve’s comments at the close of its policy meeting this week, which will come on Wednesday, for insight into the central bank’s thinking on inflation, bond purchases and risks to the financial system posed by soaring asset prices.
The measures highlight an increased focus on servicing the domestic market and come as the country’s steel mills grapple with raw material costs that have surged to historic highs.China churns out half the world’s steel, and is the biggest exporter, but has vowed to reduce output in 2021 as part of a drive to contain carbon emissions from one of its dirtiest industries.
Firms in Japan, which was an early leader in Bitcoin acceptance, have been slow to join this trend.Nexon said it intended to guard itself against a potential drop in the value of non-digital currencies in case of inflation, with Mahoney seeing Bitcoin as a “form of cash likely to retain its value, even if it is not yet widely-recognized as such.”For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
That demand has helped Sony continue its shift from consumer electronics to entertainment content and digital subscription services and game downloads, but as more people in key markets such as the United States get vaccinated against the coronavirus those gains could wane.
By grabbing market share in the booming market for cloud computing and expanding business services such as its Teams collaboration service and LinkedIn social network, the Redmond, Washington company has become one of the world’s most valuable companies, worth close to $2 trillion after a 50% stock runup over the past year.
Tepid results from Tesla and 3M weighed on Wall Street on Tuesday, with the S&P 500 and Dow ending near flat as investors focused on wave of earnings reports from Microsoft, Alphabet and other corporate heavyweights.