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Pulled back after a nice earnings beat. Watching for entry
This gonna be at a buy level soon
Sounds legit....???????
Lol really!? Why and what is anywhere similar to sales force?
Under $20 is definitely coming
It’s all bad when the nonsense fluff articles start rolling out lol
Akerna: 2019 Independence Week U.S. Cannabis Sales to Approach $500 Million
Source: GlobeNewswire Inc.
Akerna Corp. (NASDAQ: KERN) (“Akerna” or the “Company”), a regulatory compliance technology company in the state-legal cannabis space, announced today it expects Americans will spend more on cannabis this Fourth of July than chicken for their BBQs. According to Akerna, Fourth of July-week (June 28 – July 4) cannabis sales are expected to increase by 80% compared with an average week, ringing in approximately $450 million in total sales nationally. At the current growth rate, Americans are poised by 2020 to spend more money on cannabis than wine on the Fourth of July.
Akerna expects 2019 Independence week holiday sales will start to increase on Friday, June 28, realizing double the sales of an average Friday. Increased sales should continue throughout the week with Independence Day itself closing as the busiest Wednesday of 2019.
Akerna’s retail sales data figures are compiled through a statistically relevant analysis of the cannabis retail market analyzing data tracked in MJ Platform® across 20 states, Puerto Rico and Washington D.C.
July 4th by the numbers:
The order total on average will be $3.43 more than the average daily order total of $97.57.
Average basket count for 2019 is 2.64. 4th of July week will ring in an average basket count of 3.12.
Cartridge/Pens are expected to take a category share increase of 5%, as the second most popular category purchased June 28-July 4.
In states where flower is legal, flower will be the largest sales category with 40% of all sales for retailers.
“Utilizing the largest data set in the cannabis industry, we are able to provide unique insight into market peaks and trends to anticipate and prepare for their busiest days,” said Jessica Billingsley, Akerna’s CEO. “Cannabis sales rival the sales of traditional holiday staples. It’s time to stop looking at this industry as niche or marginal. The growth of consumer adoption is explosive as legalization of cannabis expands and Americans across all demographic segments are incorporating cannabis into their everyday lives.”
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 Miller
KCSA Strategic Communications
(212) 896-1282 / (347) 487-6197
jgoldberg@kcsa.com / mmiller@kcsa.com
Investor Contact
Phil Carlson / Scott Eckstein
KCSA Strategic Communications
(212) 896-1233 / (212) 896-210
pcarlson@kcsa.com / seckstein@kcsa.com
Loooking for under $20 soon
GL to you
You know that’s really not debatable, one just need to look at historical data
Lower lows and lower highs for the past 5 days.... that’s not bullish guys
Naw we haven’t touched it yet
I can definitely see it moving up quickly. I just feel like mm gonna make it touch support before running it back up
$19 or below and it’s on IMO
It’s down 5% so yea, there’s definitely someone interested in selling
There’s zero buying interest at these levels
It’s funny, but apparently correct. You must find create your own system
All the indicators I look at are pointing lower
Yea I’m thinking we seen the bottom
Volume dropped a tremendously yesterday, so I wouldn’t call that buying pressure. And it closed red
Looking for more of the same tomorrow $15-18
Below $30 definitely coming
Buy right now
Needs to hit support before it can move, maybe today is the day though
GM I’m thinking it’ll either retest where it gapped from, or the initial rejection. Either way I think it’ll be the bottom
Expecting a hard drop $15-18 early in the day, or at least $19
$22.20 right now
Still waiting on $15-$18 to load up.... 19 at the most
Buy right now
Exactly, I’m looking for $15-18... maybe even 19. I just stick to my game plan and don’t pay much attention to folks lol
GL to you too
Ask under $29 now, so why would I be lucky lol
Looking to load up $15-18
203m OS... I wouldn’t touch this thing past $1.50ish, and maybe not even there
Did you watch how it bounced off $28 like I called? Watch 15-16... after that we run. It was less than $10 at the beginning of the week
I said it before them lol
Stop playing and hit $30 already got dammmit
When it hits next support, loaf the boat because that’s where we run
Don’t be surprised to see $15-$16 next week. $28ish was the price to watch for support
Halts trigger short attacks, if not for it we already be at $100