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. What does a medical market look like a year or five years after decriminalizing cannabis?Ĭlick here for more information about MJ Platform.Īkerna (Nasdaq: KERN) is an enterprise software company focused on compliantly serving the cannabis, hemp, and CBD industry.How do basket adjacencies influence discounting and retention strategies?.What is the gross margin return on inventory?.Platform Insights can eliminate the guesswork and provide answers to questions like: Business insights founded in category management methodology.Normalized data (not farmed from various disparate POS platforms).The greatest statistical relevance across countries.Now operators, investors, and regulators can access the industry's largest and most statistically relevant database to drive data-driven business decisions. Its flagship solution, MJ Platform, includes Platform Insights. MJ Freeway is more than software as a service. Edibles have long been perceived as the easiest way to dose your marijuana, but as the stigma around use decreases and availability of cannabis increases, consumers are changing how they consume cannabis.' 'What really caught my attention in this report was that for the first time, females are spending more on concentrates over edibles in 2021. 'While 420 remains the top-grossing cannabis culture holiday, we've seen year-over-year increases in concentrate spending on 710,' said James Ahrendt, Business Intelligence Architect at Akerna. Where the 30-40 age group have had the largest share of spending this year, the under 30 age group took the lead for 710 day:Īnother interesting concentrate trend in year-to-date 2021 data shows a shift in female product preferences, with concentrates overtaking edibles in popularity for the first half of the year:įemale Product Spending Market Share (2021 year to date) In comparing 710 day to 2021 averages, Akerna data uncovered some interesting shifts in consumer behavior. The top-selling concentrate categories for this year's 710 were:ħ10 Concentrate Sales Ranking by Subcategory

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