Akerna Flash Report: Gin Beats Tequila and Cannabis Sales Surpass Them Both
Akerna Corp. (KERN)
Company Research
Source: GlobeNewswire
DENVER, April 13, 2020 (GLOBE NEWSWIRE) -- Business intelligence from Akerna (Nasdaq: KERN), a leading compliance technology provider and developer of the cannabis industry’s first seed-to-sale enterprise resource planning (ERP) software technology (MJ Platform®) in collaboration with *Ample Organics, shows, year-over-year, spirits sales have increased 32%. According to market insights from Ample Organics, Gin sales topped that growth with a year-over-year increase of 55% in March. This is among the few times where stronger growth in the basics like Gin at 55%, Rum at 38%, and Vodka at 36% has been seen. Tequila, recently a category leader, fell to sixth place with 18%. Some theories suggest consumers are turning to basics because of attractive price points per liter against more fancy and differentiated spirits. Business intelligence from Akerna also shows, year-over-year, March 2019 to March 2020, recreational cannabis spending is up with a 20% increase in ticket size. The tic
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