Source: Benzinga

Ample Organics: Akerna To Acquire Ample Organics In $45M Deal

Akerna Corp (NASDAQ: KERN), a cannabis compliance technology provider, announced Wednesday an agreement to acquire all of the issued and outstanding shares of Canadian-based Ample Organics Inc in liquidity and stock deal estimated at up to $45 million.Ample Organics covers more than 70% of the Canadian market with its seed-to-sale platform with several operational recognitions.The payment is composed of $5.7 million in cash and $32.3 million in stocks. With the additional consideration that if Ample Organics achieves certain revenue targets its shareholders will receive an extra ...Full story available on Benzinga.com

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Est. Annual Revenue
$100K-5.0M
Est. Employees
25-100
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