Page 1

September 13 , 2021 AKERNA CORP . 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 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 . DENVER , 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 .