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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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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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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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High Tide Continues Expansion into Global CBD Market With Acquisition of Colorado Based NuLeaf Naturals

Cannabis Law Report

Founded in 2014 with its headquarters in Denver, Colorado , NuLeaf is a market leader in the production and distribution of premium cannabidiol (CBD) wellness products. It has quickly grown to become one of the most popular brands for hemp-derived CBD products across the U.S., November 22, 2021 (CNW Group/High Tide Inc.).

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Oregon Cannabis: State of the State (2021)

Canna Law Blog

This year was relatively staid compared to 2020, but key features included: a plateau in pricing and regulated sales; intensifying local competition; important new laws, administrative rules and policies; a hollowed out hemp market; and some interesting large company activity. Hemp is stuck. Sales look good, but dig a little.

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HempFusion Closes Acquisition of Apothecanna

Cannabis Law Report

TSX:CBD.U) (OTCQX:CBDHF) (FWB:8OO) (“HempFusion” or the “Company”), a leading health and wellness Company offering premium probiotic supplements and products containing CBD, is pleased to announce that it has completed its previously announced acquisition of APCNA Holdings LLC (“Apothecanna”) (the “Transaction”). ABOUT HEMPFUSION.

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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.

Data 95