POSaBit won’t match higher bid for Akerna’s marijuana software business
Akerna Corp. backed out of an agreement to sell its marijuana software businesses for $4 million to POSaBit Systems Corp. after a new bidder emerged.
Washington State MMJ News
Akerna Corp. backed out of an agreement to sell its marijuana software businesses for $4 million to POSaBit Systems Corp. after a new bidder emerged.
POSaBit Systems Corp. acquired marijuana e-commerce and compliance software assets from Hypur for as much as $7.5 million if certain benchmarks are hit.
Seattle-based cannabis e-commerce site Leafly Holdings is pivoting away from reporting on the marijuana industry and will instead focus on providing consumer-oriented content such as information about products.
Marijuana e-commerce platform Leafly Holdings this week laid off another 40 employees, or 21% of its workforce, a day before reporting its full-year and fourth-quarter financial results.
Efforts to cap the potency of cannabis products in Washington state and limit high-potency THC to the medical marijuana market appear to have failed.
Alleaves, which acquired cannabis software provider BioTrack last week, announced a deal with Seattle-based marijuana commerce platform Leafly to offer a new integration tool for retailers.
Native American tribes throughout the United States are investing in cannabis.