Akerna Corp. Adds to International Expansion with New Cannabis Clients in Europe; Opens Colombian Office
July 02 2019 - 9:26AM
MJ Freeway LLC (“MJ Freeway”), a wholly owned subsidiary of Akerna
Corp. (NASDAQ: KERN) (“Akerna” or the “Company”), a regulatory
compliance technology company in the legal cannabis space, expands
further into Europe by serving clients in two additional countries,
Italy and Macedonia.
“We believe it is imperative for countries with
emerging cannabis businesses such as Italy and Macedonia to have
access to our compliance technology,” says Jessica Billingsley, CEO
of Akerna and MJ Freeway. “By giving governments, businesses, and
consumers the tools needed to productively manage regulatory
demands, we are able to execute our plan to connect data points
across the global cannabis supply chain.”
Macedonia is one of the few countries in the
world to approve medical cannabis for cultivation and export. Italy
has significantly increased its hemp production to serve its
growing domestic market for industrial products and infusing in
cosmetics and other consumer goods. As a result of the expansion
into Italy and Macedonia, MJ Freeway has increased its footprint to
five European countries including Spain, Switzerland and Denmark.
The new clients are cultivation operators who have chosen to run
their businesses with MJ Platform®, an enterprise resource planning
compliance and inventory management technology platform.
MJ Freeway has recently opened a Medellín,
Colombia office to serve its growing footprint in South America.
Clever Leaves, a MJ Freeway client, is the first Colombian company
authorized to export cannabis into Canada. In addition to
Clever Leaves, MJ Freeway’s clients in Colombia are
enterprise-scale, multi-national organizations poised to capitalize
on the growing global market with approved export licenses.
MJ Platform is available in four languages, and
MJ Platform is fundamentally architected with enterprise class
language localization to quickly accommodate additional languages
as the company continues to expand.
About Akerna Corp.
Akerna is a regulatory compliance technology
company in the cannabis space. The cornerstones of Akerna’s service
offerings are MJ Platform® and Leaf Data Systems®, which are
highly-versatile platforms that provide clients and government
entities with a central data management system for tracking
regulated cannabis products—from seed to product to shelf to
customer—through the complete supply chain. Since establishment in
2010, the company has tracked more than $15 billion in cannabis
sales. As part of its business strategy, Akerna intends to grow
through targeted, strategic acquisitions that are complementary to
its current business and organically by accelerating its product
development efforts. Akerna is based in Denver.
Akerna Media Contact Jon Goldberg / McKenna
MillerKCSA Strategic Communicationsjgoldberg@kcsa.com /
mmiller@kcsa.com (212) 896-1282 / (347) 487-6197
Investor ContactPhil Carlson / Scott
EcksteinKCSA Strategic Communicationspcarlson@kcsa.com /
seckstein@kcsa.com(212) 896-1233 / (212) 896-210
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