Akerna Corp

$6.27+1.24+24.64%USD

Akerna Corp (KERN) is a ancillary cannabis company trading on the NASDAQ. The stock is currently priced at $6.27 with a market capitalization of $376.3M and trailing twelve-month revenue of $6.8M. The company reports a gross margin of 4.0%.

Market Cap

$376.3M

Volume

70.8K

Prev Close

$5.03

52W High

$6.27

52W Low

$6.27

P/S Ratio

55.05

Shares Out

60.0M

Revenue

$6.8M

Gross Margin

4.0%

Cash

N/A

KERN Price Chart

Trading Data

Trading Data

Previous Close$5.03
Open$5.03
Day Range$6.27 – $6.27
52-Week Range$6.27 – $6.27
$6.27$6.27
Volume70.8K
Avg Volume70.8K
Market Cap$376.3M
Enterprise Value$381.5M
Shares Outstanding60.0M
P/S Ratio55.05
Revenue Growth YoY0.00%

Valuation Metrics

Valuation Metrics

P/S Ratio (TTM)
55.05Above 15x — elevated
EV / Revenue
55.80xvs industry avg ~8x
Gross Margin
4.0%Thin margins
Revenue Growth YoY
0.00%Revenue declining
Cash Runway
Debt-to-Equity

Financial Highlights

View Full Financials

Financial Highlights

R
Revenue TTM$6.8MTrailing twelve months
G
Gross Profit$274.8KRevenue x Margin
%
Gross Margin4.0%Thin profitability
$
Cash & Equivalents$0Available liquidity
D
Total Debt$5.1MOutstanding obligations
N
Net Cash Position-$5.1MCash minus debt

Quarterly Revenue

Last 8 Quarters (Estimated)

TTM: $6.8M

KERN Key Takeaways

  • Akerna Corp (KERN) trades at $6.27 with a market cap of $376.3M, ranking #15 among 100 cannabis stocks.
  • Trailing twelve-month revenue is $6.8M.
  • Gross margin stands at 4.0% — thin margins indicating cost pressures.
  • Balance sheet shows N/A cash against $5.1M debt — net debt position.
  • Price-to-Sales ratio of 55.05x — premium valuation relative to sector.
  • Ranked #3 by market cap in the Ancillary sector. Trades on the NASDAQ exchange.

KERN Stock Analysis

Akerna Corp (KERN) is a ancillary cannabis company listed on the NASDAQ exchange, headquartered in the United States. With a current share price of $6.27 and a market capitalization of $376.3M, KERN ranks #15 out of 100 publicly traded cannabis stocks tracked on Cannabismarketcap.

From a fundamental perspective, Akerna Corp reports trailing twelve-month revenue of $6.8M. The company maintains a gross margin of 4.0%, which reflects the cost pressures common to emerging cannabis operators. At a price-to-sales multiple of 55.05x, the stock carries a premium valuation that prices in significant growth expectations.

The company's balance sheet shows N/A in cash and equivalents against $5.1M in total debt, leaving net debt of $5.1M. Investors looking for a deeper dive can explore KERN's full financial statements including quarterly breakdowns and balance sheet history.

KERN currently trades within a 52-week range of $6.27 to $6.27. Average daily trading volume stands at 70.8K shares.

Corporate Information

Corporate Information

Company Name
Akerna Corp
Ticker Symbol
KERN
Exchange
NASDAQ
Sector
AncillaryAncillary Services
Industry
Headquarters
United States
IPO / List Date
Employees
Website
Market Cap
$376.3M#15 in cannabis
Shares Outstanding
60.0M
Status
Active
Currency
USD

Share Structure

Share Structure

Shares Outstanding
60.0M
Market Cap
$376.3M
Enterprise Value
$381.5M
Float (est.)
51.0M~85% of outstanding
Dilution Rate
Avg Volume
70.8K
Insider Ownership
N/AData pending
Institutional Ownership
N/AData pending
Short Interest
N/AData pending

KERN Latest News

Latest News

No recent news available for KERN

KERN Price History

Price History

No price data available.

Investment Snapshot

Investment Snapshot

Programmatic analysis based on available financial data. Not investment advice.

Market PositionPositive

Ranked #15 of 100 by market cap ($376.3M). Sector median: $32.7M.

Financial HealthNeutral

Net cash position: -$5.1M ($0 cash, $5.1M debt). Gross margin at 402.0%.

GrowthNeutral

Revenue growth at +0.0% YoY. Sector median: +0.0%.

ValuationCaution

P/S ratio of 55.05x vs sector median of 1.83x. Premium valuation — high expectations priced in.

Cannabis Industry Context

Cannabis Industry Overview

Ancillary cannabis companies — often described as the picks-and-shovels plays of the industry — provide products and services to the cannabis supply chain without directly touching the plant. This model carries meaningfully lower regulatory risk because ancillary businesses are not subject to the same licensing requirements, 280E tax penalties, or banking restrictions that encumber plant-touching operators. The ancillary segment spans a wide range of verticals including cultivation technology (LED lighting, HVAC, nutrients), extraction and processing equipment, packaging and compliance solutions, seed-to-sale tracking software, point-of-sale systems, and professional services such as legal, accounting, and consulting. As the cannabis industry matures, ancillary companies benefit from growing total addressable markets in every newly legalized jurisdiction. Many of these businesses also serve adjacent markets in agriculture, food processing, or enterprise software, which diversifies their revenue base and reduces dependence on cannabis-specific demand cycles. Investors often favor ancillary names for their comparatively cleaner financial profiles, conventional banking access, and eligibility for major exchange listings.

Akerna Corp in the Ancillary Landscape

Akerna Corp (KERN) currently ranks #3 out of 12 publicly traded ancillary companies by market capitalization, with a market cap of $376.3M. The company reports trailing-twelve-month revenue of $6.8M, placing it below the sector median of $90.5M. The ancillary sector comprises 12 tracked companies, reflecting the broad competitive landscape within this segment of the cannabis industry.

The top companies in the ancillary sector by market capitalization are Scotts Miracle-Gro (SMG) at $3.54B, Turning Point Brands (TPB) at $1.73B, and Akerna Corp (KERN) at $376.3M. Akerna Corp competes within this group for market share, investor attention, and operational scale as the sector continues to mature.

Key Metrics at a Glance

Market Cap$376.3MSector median: $68.4M
Revenue (TTM)$6.8MSector median: $90.5M
Gross Margin+4.02%Sector median: +0.56%
P/S Ratio55.0xSector median: 1.7x

Regulatory & Risk Considerations

All cannabis investors should be aware that federal legalization status in the United States remains uncertain. While cannabis is legal for medical use in the majority of US states and for adult use in a growing number of jurisdictions, it remains classified as a Schedule I controlled substance at the federal level. This creates material legal, financial, and operational risks across the industry. Ancillary companies like Akerna Corp generally face lower direct regulatory risk because they do not handle the cannabis plant itself. This distinction allows ancillary businesses to access conventional banking services, list on major exchanges, and avoid the 280E tax penalty that burdens plant-touching operators. However, ancillary companies remain exposed to the overall health of the cannabis industry — a major regulatory setback or prolonged downturn in cannabis operator spending would flow through to ancillary revenue.

Some ancillary businesses that provide services closely tied to cannabis operations — such as compliance software, testing laboratories, or cultivation consulting — may face state-specific licensing or registration requirements. Companies serving both cannabis and non-cannabis markets benefit from revenue diversification that mitigates cannabis-specific regulatory risk, though investors should assess the degree to which each company's growth trajectory depends on continued cannabis market expansion.

KERN Key Takeaways

  • Akerna Corp has a market cap of $376.3M, making it a mid-cap cannabis company listed on the NASDAQ.
  • Trailing twelve-month revenue is $6.8M with year-over-year growth of 0.0%. Declining revenue is a concern that warrants attention.
  • The company's gross margin stands at 4.0%. Low or negative margins raise questions about pricing power and cost structure.
  • Akerna Corp holds $0 in cash against $5.1M in debt, resulting in a net debt position of $5.1M and an estimated 0.0 months of cash runway.
  • The stock trades at a P/S ratio of 55.05x and EV/Revenue of 0.00x. Elevated multiples suggest the market is pricing in significant future growth.
  • At $6.27, the stock trades at 50% of its 52-week range ($6.27 – $6.27). The stock is trading mid-range, offering a balanced risk-reward profile.
  • The annual share dilution rate is 0.0%. Low dilution is a positive sign of disciplined capital management.

Akerna Corp Stock Analysis

Akerna Corp (NASDAQ: KERN) is a ancillary cannabis company currently trading at $6.27 per share with a market capitalization of $376.3M. The stock gained +24.64% in the most recent trading session on volume of 70.8K shares. Akerna Corp is headquartered in the United States and employs approximately 0 people. As a participant in the ancillary cannabis segment, the company operates within one of the most dynamic and rapidly evolving sectors of the North American economy.

On the revenue front, Akerna Corp generated $6.8M in trailing twelve-month (TTM) revenue, reflecting year-over-year growth of 0.0%. This growth rate is trailing the Ancillary sector average of 0.0%. Akerna Corp is marginally profitable at the gross level with a 4.0% gross margin, suggesting the company is covering its direct costs of goods sold but may face challenges scaling to full profitability. Revenue trends in the cannabis industry are closely watched by analysts, as the sector continues to navigate pricing compression, oversupply dynamics in certain markets, and the ongoing burden of IRS Section 280E, which prevents cannabis businesses from deducting ordinary business expenses at the federal level.

From a valuation perspective, Akerna Corp trades at a price-to-sales (P/S) ratio of 55.05x, which is above the sector median of 0.89x, suggesting the market is pricing in higher growth expectations or a premium for Akerna Corp's market position. The enterprise value-to-revenue (EV/Revenue) multiple stands at 0.00x. Cannabis stock valuations have compressed significantly from their 2021 highs, and current multiples reflect a more mature market environment where investors demand clear paths to profitability. For context, the broader Ancillary sector contains 12 publicly traded companies tracked by CannaCap, and Akerna Corp's valuation should be considered within the context of its specific growth profile and competitive positioning.

Akerna Corp carries net debt of $5.1M, with $5.1M in total debt against $0 in cash and equivalents. At the current pace, the company has an estimated 0.0 months of cash remaining, making capital management a critical near-term priority. Access to capital remains a persistent challenge for cannabis companies, particularly plant-touching operators that are excluded from traditional banking services and institutional lending. Many cannabis companies have turned to sale-leaseback transactions, private placements, and at-the-market (ATM) equity offerings to fund operations. Akerna Corp's balance sheet should be evaluated with these industry-specific constraints in mind.

Key risk factors for Akerna Corp investors include the ongoing federal prohibition of cannabis in the United States, which creates regulatory uncertainty and limits access to capital markets. The company has maintained relatively low share dilution at 0.0% annually, which is favorable for existing shareholders and indicates disciplined capital management. The stock currently trades at $6.27, which is 50% of the way between its 52-week low of $6.27 and its 52-week high of $6.27. Additional industry-wide risks include potential state-level regulatory changes, evolving consumer preferences, price compression from increased competition, and the impact of illicit market activity on legal operators. The Section 280E tax burden continues to weigh on cannabis company profitability, and any federal rescheduling or descheduling of cannabis would be a significant catalyst for the entire sector.

The cannabis industry is at a pivotal juncture, with potential federal reform, state-level market expansion, and increasing institutional interest all shaping the investment landscape. Akerna Corp, with its $376.3M market cap and $6.8M revenue base, is positioned as a mid-sized player in the ancillary cannabis space. Investors considering KERN should weigh the company's financial metrics against the broader opportunity set within the cannabis sector, which includes 100 publicly traded companies tracked on CannaCap with a combined market capitalization measured in the tens of billions of dollars.

KERN Price Performance

Akerna Corp (KERN) currently trades at $6.27, which places the stock at approximately 50% of its 52-week trading range. Over the past twelve months, KERN has traded as high as $6.27 and as low as $6.27, representing a 0.0% spread between the yearly high and low. The current price sits 0.0% below the 52-week high and 0.0% above the 52-week low. This range provides important context for understanding the stock's recent volatility and where current levels fall within the broader price history.

In the most recent trading session, KERN rose +24.64% from a previous close of $5.03 to $6.27, on volume of 70.8K shares. This positive session represents a significant single-day move that may have been driven by company-specific news, sector-wide sentiment, or broader market dynamics. The stock has 60,000,000 shares outstanding, giving it a fully diluted market capitalization that investors should factor into their analysis alongside the current $376.3M market cap figure.

Cannabis stocks have historically exhibited significant price volatility driven by regulatory developments, earnings surprises, and shifts in market sentiment toward the sector. KERN is trading in the middle of its 52-week range, which suggests the stock has room to move in either direction based on fundamental catalysts. Historical price levels should be considered alongside fundamental data — including revenue trends, margin improvement, and balance sheet health — to form a complete investment thesis.

How to Invest in Akerna Corp

Akerna Corp (KERN) is listed on the NASDAQ stock exchange, one of the largest and most liquid equity markets in the world. NASDAQ-listed stocks can be purchased through virtually any U.S. brokerage account, including online platforms such as Fidelity, Charles Schwab, TD Ameritrade, Robinhood, and Interactive Brokers. To purchase shares of KERN, you will need a brokerage account that supports trading on the NASDAQ. The stock currently trades at $6.27 per share with an average daily volume of 70.8K shares, which provides limited liquidity for most retail investors. When placing an order, consider using limit orders rather than market orders to control your entry price, especially during periods of high volatility.

Investors evaluating Akerna Corp should closely monitor several key financial metrics. The company's trailing twelve-month revenue of $6.8M and year-over-year revenue growth of 0.0% provide insight into top-line momentum. The gross margin of 4.0% indicates how efficiently the company converts revenue into gross profit. On the balance sheet, Akerna Corp holds $0 in cash against $5.1M in total debt, giving it approximately 0.0 months of operating runway. The price-to-sales ratio of 55.05x and enterprise value-to-revenue of 0.00x help contextualize the stock's valuation relative to its revenue generation. Watch quarterly earnings reports for trends in these metrics, as well as any changes to guidance or strategic direction.

When comparing Akerna Corp to other cannabis investments, consider the company's sector (Ancillary Cannabis), geographic focus (United States), and stage of growth. As a mid-cap cannabis company, Akerna Corp balances growth potential with a degree of operational maturity. The cannabis sector is highly fragmented, and understanding where a company fits within the broader competitive landscape — including its market share, geographic footprint, and product differentiation — is essential for making informed investment decisions.

Important risk disclosure: Cannabis stocks carry unique risks beyond those of typical equity investments. Federal illegality in the United States creates regulatory, banking, and tax challenges (particularly Section 280E). State-by-state legalization creates a patchwork of market opportunities and compliance requirements. Cannabis companies frequently issue additional shares to fund operations, which dilutes existing shareholders — Akerna Corp's current dilution rate is 0.0% annually. Past performance is not indicative of future results, and investors should only allocate capital they can afford to lose. This content is for informational purposes only and does not constitute investment advice. Always conduct your own due diligence and consider consulting a financial advisor before investing in cannabis stocks.

Compare KERN With Peers

Peer Comparison

CompanyPriceChange %Mkt CapRevenueMarginP/S
KERN$6.27+24.64%$376.3M$6.8M4.0%55.05
SMG$60.96+0.96%$3.54B$3.35B0.3%1.06
TPB$90.62+0.69%$1.73B$463.1M0.6%3.75
LFLY$135.50+17.98%$271.0M$34.6M0.9%7.82
AGFY$47.12+4.71%$94.2M$15.4M0.8%6.12
MAPS$0.68-7.27%$73.0M$174.7M0.9%0.42

Related Ancillary Stocks

Frequently Asked Questions

What is Akerna Corp's (KERN) stock price today?

Akerna Corp (KERN) stock is currently trading at $6.27 per share on the NASDAQ exchange. This represents a daily gain of +24.64% ($1.24) from the previous closing price of $5.03. Over the past 52 weeks, KERN has traded between a low of $6.27 and a high of $6.27, placing the current price at approximately currently at its 52-week high from its annual high. The stock has a market capitalization of $376.3M, making it a notable cannabis-adjacent companies tracked by Cannabismarketcap. Akerna Corp operates in the Ancillary sector, serving the broader cannabis industry.

What is Akerna Corp's market capitalization?

Akerna Corp (KERN) has a current market capitalization of $376.3M, calculated by multiplying its 60.0M shares outstanding by the current stock price of $6.27. Market capitalization is a key measure of a company's total equity value as perceived by the public market, and it places Akerna Corp among the mid-cap cannabis companies tracked on Cannabismarketcap. For context, the enterprise value (market cap plus debt minus cash) stands at $381.5M, which accounts for the company's balance sheet structure. Investors often use market cap alongside revenue and profitability metrics to assess relative valuation within the cannabis sector.

Is Akerna Corp profitable?

Akerna Corp (KERN) currently reports a gross margin of 4.0%, which means the company retains 4.0 cents of every revenue dollar after direct costs of goods sold. On trailing twelve month revenue of $6.8M, this translates to an estimated gross profit of approximately $274.8K. Profitability is a critical factor in the cannabis industry, where many companies are still investing heavily in growth and regulatory compliance. Investors should review the full income statement, cash flow trends, and operating expense breakdown on Cannabismarketcap for a complete picture of Akerna Corp's financial health.

What is Akerna Corp's annual revenue?

Akerna Corp (KERN) reports trailing twelve month (TTM) revenue of $6.8M, reflecting the total sales generated by the company over the most recent four quarters. The current price-to-sales ratio is 55.05x, which means investors are paying $55.05 for every $1 of annual revenue — a premium valuation in the context of the cannabis sector. Revenue is one of the most closely watched metrics for cannabis companies, as many are still scaling operations in a rapidly evolving regulatory environment. View the full income statement and quarterly revenue breakdown on Cannabismarketcap for detailed trend analysis.

What are Akerna Corp's key financial metrics?

Akerna Corp (KERN) reports several important financial metrics that investors track closely. The company has a market capitalization of $376.3M, trailing twelve month revenue of $6.8M, and a gross margin of 4.0%. On the balance sheet, Akerna Corp holds $0 in cash and equivalents against $5.1M in total debt, resulting in a debt-to-market-cap ratio of 0.01x. The price-to-sales ratio stands at 55.05x, while the enterprise value to revenue multiple is N/A. With 60.0M shares outstanding, investors should consider both the fundamental financial performance and share structure when evaluating KERN.

What exchange is KERN listed on?

Akerna Corp trades under the ticker symbol KERN on the NASDAQ exchange, and the stock is denominated in US dollars (USD). Shares can typically be purchased through most standard brokerage accounts. The stock sees average daily trading volume of approximately 70.8K shares, which is an important consideration for liquidity and the ability to enter or exit positions without significant price impact.

What sector is Akerna Corp in?

Akerna Corp is classified as a Ancillary company within the cannabis industry, meaning it provides supporting products, services, or technology to the cannabis industry without directly handling the plant. The Ancillary sector is a key segment of the cannabis market, and investors often compare companies within the same sector to identify relative outperformers. You can compare KERN with other Ancillary stocks on Cannabismarketcap's sector page to see how it ranks on metrics like market cap, revenue, and margins.

What is Akerna Corp's gross margin?

Akerna Corp (KERN) has a gross margin of 4.0%, which represents the percentage of revenue the company retains after paying for the direct cost of goods sold. On trailing twelve month revenue of $6.8M, this translates to an estimated gross profit of approximately $274.8K. Gross margin is a critical profitability indicator in the cannabis industry, where companies face unique cost pressures from regulatory compliance, testing requirements, and the tax burden of IRC Section 280E (which prevents cannabis companies from deducting standard business expenses). A thin gross margin like Akerna Corp's suggests the company has pricing power and operational efficiency relative to peers.

How does KERN compare to other cannabis stocks?

You can compare Akerna Corp (KERN) side-by-side with any cannabis stock on Cannabismarketcap using the dedicated comparison tool. Key comparison metrics include market cap ($376.3M), trailing twelve month revenue ($6.8M), gross margin (4.0%), and price-to-sales ratio (55.05x). Akerna Corp sits in the Ancillary sector, so the most relevant peer comparisons would be against other Ancillary companies, though cross-sector comparisons can also reveal interesting insights about relative valuation. Visit the rankings page to see where KERN stands across all cannabis companies on metrics like revenue growth (0.00% YoY), cash position ($0), and employee count (N/A).

What is KERN's 52-week trading range?

Akerna Corp (KERN) has traded between a 52-week low of $6.27 and a 52-week high of $6.27, with the current price of $6.27 sitting approximately currently at its 52-week high from the annual high. This range represents a spread of $0.00 (0% from low to high), which reflects the volatility the stock has experienced over the past year. The 52-week range is a commonly used technical indicator that helps investors understand whether a stock is trading near the top or bottom of its recent range, and it can inform decisions about entry and exit points. Cannabis stocks in general tend to exhibit higher volatility than broader market indices due to evolving regulations and market sentiment.

How does Akerna Corp's valuation compare to cannabis industry peers?

Akerna Corp (KERN) is valued at a market capitalization of $376.3M with a price-to-sales ratio of 55.05x, and an enterprise value of $381.5M. In the cannabis industry, valuations can vary significantly depending on sector (MSO, LP, Ancillary, etc.), growth rate, and path to profitability. Akerna Corp's current revenue trajectory of 0.00% YoY may result in a lower valuation relative to faster-growing peers. Investors can use the Cannabismarketcap rankings and comparison tools to benchmark KERN against specific competitors on valuation multiples, growth rates, and profitability.

What is Akerna Corp's enterprise value?

Akerna Corp (KERN) has an estimated enterprise value (EV) of $381.5M, which is calculated by taking the market capitalization of $376.3M, adding total debt of $5.1M, and subtracting cash and equivalents of $0. Enterprise value is widely considered a more comprehensive measure of a company's total value than market cap alone because it accounts for the capital structure, including debt obligations and available liquidity. For cannabis companies in particular, where balance sheet health varies dramatically, enterprise value provides a more accurate picture of acquisition cost and relative valuation.

Is Akerna Corp stock overvalued or undervalued?

Determining whether Akerna Corp (KERN) is overvalued or undervalued requires analyzing multiple valuation metrics in context. The current price-to-sales ratio of 55.05x is on the higher end for cannabis stocks, which could indicate overvaluation unless justified by exceptional growth prospects. The stock is currently trading at $6.27, which is currently at its 52-week high from its 52-week high of $6.27, with a gross margin of 4.0%. Investors should consider the company's enterprise value of $381.5M, its cash position of $0, and the broader cannabis industry outlook when forming a valuation opinion. Cannabismarketcap provides all the data needed for a thorough analysis, but this information should not be considered investment advice.

What are the risks of investing in Akerna Corp?

Investing in Akerna Corp (KERN) carries several risks that investors should carefully consider. First, the cannabis industry remains federally illegal in the United States, creating regulatory uncertainty that can impact stock prices, banking access, and tax obligations (notably IRC Section 280E). Second, Akerna Corp's balance sheet shows $5.1M in total debt against $0 in cash, which investors should monitor for dilution risk or liquidity concerns. Additionally, the stock has shown a 52-week range of $6.27 to $6.27, reflecting meaningful price volatility. As with all cannabis stocks, investors face risks from changing state regulations, competitive pressures, and the evolving legal landscape. This information is for educational purposes only and is not investment advice.

What is Akerna Corp's cash position and debt level?

Akerna Corp (KERN) holds $0 in cash and equivalents on its balance sheet, set against $5.1M in total debt. This gives the company a net debt position of $5.1M. Balance sheet strength is especially important in the cannabis industry, where companies often face limited access to traditional banking and capital markets. Investors should track these metrics over time on Cannabismarketcap to identify trends in cash consumption and debt management.

How many shares outstanding does Akerna Corp have?

Akerna Corp (KERN) currently has 60.0M shares outstanding, which when multiplied by the current stock price of $6.27 gives the company its market capitalization of $376.3M. Share count is important because all per-share metrics (earnings per share, book value per share, etc.) are directly impacted by changes in shares outstanding. Cannabis companies frequently issue new shares to raise capital, so monitoring dilution trends on Cannabismarketcap is recommended for long-term investors.

Does Akerna Corp pay a dividend?

Most cannabis companies, including Akerna Corp (KERN), do not currently pay dividends. The cannabis industry is still in a growth phase, and companies typically reinvest available capital into expanding operations, securing new licenses, building out retail and cultivation infrastructure, and navigating complex regulatory requirements. Additionally, the IRC Section 280E tax burden significantly reduces the free cash flow available for shareholder distributions. Investors in cannabis stocks should generally expect returns to come from capital appreciation rather than dividend income. If Akerna Corp initiates a dividend in the future, it would be reported in their SEC filings and reflected on Cannabismarketcap.

How can I research Akerna Corp stock before investing?

To research Akerna Corp (KERN) before investing, start with the company overview on Cannabismarketcap, which provides current price ($6.27), market cap ($376.3M), and key financial metrics. Next, review the full financial statements page for quarterly revenue trends, margins, and balance sheet details. Check the analyst ratings page for Wall Street consensus and price targets, and the technical analysis page for chart patterns and momentum indicators. Compare KERN against sector peers using the comparison tool to understand relative valuation. Review recent news coverage for regulatory developments or corporate events. Finally, read the investment analysis page for a comprehensive deep-dive. Cannabis investing carries unique risks including federal illegality, regulatory uncertainty, and limited banking access — always conduct thorough due diligence before making any investment decision.

What does Akerna Corp's market cap of $376.3M mean?

Akerna Corp's market capitalization of $376.3M represents the total market value of all its outstanding shares (60.0M shares multiplied by the current stock price of $6.27). Market cap is the primary measure investors use to classify companies by size: mid-cap companies ($100M–$1B) like Akerna Corp offer a balance between growth potential and stability. In the cannabis sector, market cap is especially important because it determines index weighting, institutional investment eligibility, and often correlates with the company's operational scale and geographic reach. Akerna Corp currently ranks # among cannabis stocks tracked on Cannabismarketcap.

What regulatory risks does Akerna Corp face?

Akerna Corp (KERN), like all cannabis companies, faces significant regulatory risks that investors should understand. At the federal level, cannabis remains a Schedule I controlled substance in the United States, which restricts banking access, prevents standard business expense deductions under IRC Section 280E, and creates legal uncertainty. Akerna Corp is subject to the evolving regulatory landscape across the jurisdictions where it operates. Potential catalysts include federal rescheduling (which could ease 280E burdens), the SAFE Banking Act (which would improve banking access), and individual state legalization events. Conversely, regulatory setbacks such as license moratoriums, increased enforcement, or unfavorable tax policy changes pose downside risks. Investors should monitor legislative developments closely using Cannabismarketcap's news and legalization tracker.

Akerna Corp (KERN) is a ancillary cannabis company listed on the NASDAQ exchange, headquartered in the United States. With a market capitalization of $376.3M, Akerna Corp ranks #15 among all 100 publicly traded cannabis companies tracked on Cannabismarketcap. The stock is currently trading at $6.27, representing a gain of +24.64% today on volume of 70.8K shares. For real-time price tracking and analysis, see our KERN news page and financial statements.

Investors researching KERN can access detailed financial data including revenue, margins, and balance sheet metrics. The company reported $6.8M in trailing twelve-month revenue with a gross margin of 4.0%. For broader market context, explore the Ancillary sector overview, browse all NASDAQ-listed cannabis stocks, or view the market cap rankings, revenue rankings, and P/S ratio rankings. Use the stock screener to filter cannabis stocks by any metric.

Compare Akerna Corp head-to-head with other cannabis stocks using our comparison tool. Popular comparisons include KERN vs SMG, KERN vs TPB, and KERN vs LFLY. Track KERN alongside the entire cannabis market with Cannabismarketcap's comprehensive gross margin rankings, cash position rankings, and valuation rankings.

New to cannabis investing? Learn about the industry with our guides on cannabis stock basics, how to evaluate cannabis stocks, and industry overview. Cannabismarketcap tracks every publicly traded cannabis company with real-time pricing, detailed financials, and programmatic analysis to help investors make informed decisions.

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Disclaimer

The information on this page is provided for informational purposes only and does not constitute financial advice, investment recommendations, or an offer to buy or sell securities. Cannabismarketcap is not a registered broker-dealer or investment advisor. All data, including stock prices, market capitalizations, financial metrics, and analysis for Akerna Corp (KERN), is provided “as is” without warranty of any kind. Past performance does not guarantee future results. Cannabis stocks are highly volatile and carry significant risk, including the potential for total loss of investment. Marijuana remains illegal under federal law in the United States. Always conduct your own due diligence and consult a qualified financial advisor before making investment decisions. Data may be delayed or inaccurate. See our terms of service and privacy policy for more information.