Enterprise resource platform (ERP) solutions are used to carry out the core processes needed to run a company — finance, manufacturing, HR, supply chain, services, and procurement, among others. Modern ERPs use advanced technologies, such as machine learning and artificial intelligence to provide efficiency across every aspect of a business.
With the rapid growth of the cannabis industry, the demand for best-in-class ERP software in the market is increasing.
Akerna Corp. (NASDAQ: KERN), the cannabis industry's first seed-to-sale ERP, has always been the first at every stage for a cannabis software company — from listing on Nasdaq to now being the only cannabis-compliant SAP Business One offering.
This comes after the recent acquisition of Viridian Sciences, a fully-integrated cannabis ERP system built on SAP Business One.
The acquisition springboards Akerna’s business model, solidifying its space as the first and only true ERP software solution specifically built for the cannabis industry, serving cannabis operators sized from startup to multistate operators (MSOs).
The SAP Solution for Cannabis
In February 2021, Akerna announced that the platform had received the SAP Certification in integration with SAP NetWeaver. With this SAP-certified integration, Akerna could provide its clients with in-depth ledger information that helps it stand out from other …