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2021-09-14

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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

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Thanks","highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://laohu8.com/post/886862440","repostId":2167053854,"repostType":4,"repost":{"id":"2167053854","kind":"news","pubTimestamp":1631577360,"share":"https://ttm.financial/m/news/2167053854?lang=&edition=full","pubTime":"2021-09-14 07:56","market":"us","language":"en","title":"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","url":"https://stock-news.laohu8.com/highlight/detail?id=2167053854","media":"PR Newswire","summary":"The $17 million acquisition combines Akerna's Compliance Gateway and feature-rich reporting with 365","content":"<div>\n<p>The $17 million acquisition combines Akerna's Compliance Gateway and feature-rich reporting with 365 Cannabis' Microsoft solution. 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The combined solution offers cannabis operators the most ...</p>\n\n<a href=\"https://finance.yahoo.com/news/akerna-acquire-365-cannabis-built-203500211.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSFT":"微软"},"source_url":"https://finance.yahoo.com/news/akerna-acquire-365-cannabis-built-203500211.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2167053854","content_text":"The $17 million acquisition combines Akerna's Compliance Gateway and feature-rich reporting with 365 Cannabis' Microsoft solution. The combined solution offers cannabis operators the most comprehensive ERP system, crucial to scale as the cannabis industry continues to grow.\nDENVER, Sept. 13, 2021 /PRNewswire/ -- 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 it has signed an agreement to acquire 365 Cannabis, a cannabis business management software system built on Microsoft's Dynamics 365 Business Central in a $17 million deal at 2.1x LTM revenue. The combined key capabilities of the acquisition are listed at the bottom of this announcement.\n\nAbout Akerna\nAkerna (Nasdaq: KERN) is an enterprise software company focused on compliantly serving the cannabis, hemp, and CBD industries. Based in Denver, Colorado, the Company's mission is to create the world's most transparent and accountable supply chain by building a cannabis technology ecosystem connecting data points across the global cannabis supply chain from seed to sale to self. 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.\nUsing connected data and information to propel the cannabis industry forward, Akerna empowers businesses, governments, patients, and consumers to make smart decisions. The Company's cornerstone technology, MJ Platform, the world's leading infrastructure as a service platform, powers retailers, manufacturers, brands, distributors, and cultivators. Akerna also offers a complete suite of professional consulting services and data analytics for businesses as well as solo sciences, MJ Freeway, Leaf Data Systems, Trellis, Ample Organics and Viridian Sciences.\nAbout 365 Cannabis\n365 Cannabis is a comprehensive vertically integrated cannabis software solution built on the Microsoft Dynamics platform. The company is a Microsoft Gold Partner and its ERP (Enterprise Resource Planning) solution incorporates Cultivation, Production, Global Compliance, QC, Finance, Dispensing & Retail, CRM,  Warehousing, Distribution, Multi-Facility, Multi-Company, Multi-Entity, Language, Currency and more. The Company services a client base comprised of leading U.S.-based MSOs and single-state operators, and Canadian LPs, in addition to global cannabis clients outside North America. 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