The Daily Hit: December 22, 2021

It’s time for your Daily Hit of cannabis financial news for December 22, 2021.

On the Site

Akerna

Cannabis tech firm Akerna (NASDAQ: KERN) has some pretty interesting data when it comes to flower strains and demographics. If you are a shopping procrastinator, this might still help you. If you’ve already made your Christmas purchases, this list could help if you want to show up for New Year’s with a gift for the host. Better yet, if you are staying in because of the newest Corona variant and just want to drop off a gift to someone else who is also staying home – this list will help. Akerna data unveiled the following recommendations for each gender and adult-use age group, based on each demographic group’s preferences and trends in 2021 so far.

Ayr Wellness

Ayr Wellness (OTC: AYRWF) Head of Strategy and M&A Jamie Mendola spoke with Green Market Report last week at the NCIA conference in San Francisco. Mendola talked about the coming opportunities in New Jersey as the state prepares for adult-use sales. He also spoke about the delays in Massachusetts and how Ayr Wellness has weathered those issues and is about to open a key location in Boston.

In Other News

Ascend Wellness Holdings, Inc. (CSE: AAWH.U) (OTCQX: AAWH), a multi-state, vertically integrated cannabis operator focused on bettering lives through cannabis, announced the closing of the Company’s definitive agreement to acquire Ohio Cannabis Clinic, LLC, d/b/a Ohio Cannabis Company (“OCC”) and its licensed medical marijuana retail dispensary in Coshocton, Ohio. The announcement represents AWH’s second dispensary in the state. Located at 23024 Co Rd 621 Suite 1, the dispensary will benefit from its position close to all major thoroughfares and it is less than 90 minutes from all major cities including Columbus, Cincinnati and Cleveland. The dispensary will offer patients access to a wide selection of high-quality products across flower, pre-rolls, vapes, edibles and topicals.

“Ohio is a key focus of expansion for our Ascend brand given its rapidly-maturing market and near-term potential for adult-use,” said Abner Kurtin, CEO of AWH. “We are thrilled to officially add a second Ascend location to our Ohio retail portfolio and look forward to continued growth in the state as we further secure our position in the most attractive U.S. cannabis markets.”

Agrify

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The Green Market Report focuses on the financial news of the rapidly growing cannabis industry. Our target approach filters out the daily noise and does a deep dive into the financial, business and economic side of the cannabis industry. Our team is cultivating the industry’s critical news into one source and providing open source insights and data analysis


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