Akerna (Nasdaq: KERN) has launched of MJ Retail, a first-of-its-kind proprietary software technology designed to provide merchants and consumers with a flexible and mobile-friendly experience. The product is currently available in beta form and will be live in a couple of weeks.
“MJ Platform is integral to the success of our clients’ business. Launching MJ Retail was the next logical step to support our growing number of clients who are focused on delivering an exceptional customer experience no matter how customers shop,” said Jessica Billingsley, chief executive officer, Akerna. “As the in-store experience continues to evolve MJ Retail has been designed to help our clients accelerate and streamline customer checkout, creating an optimal customer experience.”
Akerna said that MJ Retail is an independent POS product that connects to Akerna’s ecosystem for compliance, back office, and reporting functionality. It is specifically designed to provide merchants and consumers with a flexible and mobile-friendly experience by allowing transactions to happen at any time throughout the retail experience on any device.
The company says it benefits the industry since with most POS software platforms, businesses are usually presented with the choice of either a full-featured, data-rich system that requires an investment in training or a simple to use platform that lacks essential features. MJ Retail says it marries both form and function, that it is easy to use and lightweight, and it does not sacrifice critical data collection and analytics reporting features.
MJ Retail says it gives back to retail workers much needed time, cost, and energy spent on unnecessary clicks. This is something that has benefits that continue long after you begin using it.
Akerna said that for CBD businesses that sign up for Akerna’s payment processing solution MJ Payments, MJ Retail will be made available to them for free. Existing MJ Platform customers will also be able to upgrade to MJ Retail at no cost.