International law firm Dorsey & Whitney LLP represented Denver-based Akerna, an enterprise software company focused on compliantly serving the cannabis, hemp, and CBD industries, in the acquisition of Viridian Sciences, a cannabis business management software system built on SAP Business One.
By combining Viridian's financial integrations with Akerna's compliance and regulatory solutions, it will strengthen the channel connections with existing ERP providers for cannabis businesses.
Akerna's 80+ integrations and broader compliance solution will now have access to various world-class accounting solutions for integrated financials and tax planning, suitable for start-up brands through enterprise-level, multi-state operators (MSOs). Through this acquisition, Akerna provides the only cannabis solutions offering SAP Business One, solidifying its position as the cannabis industry's only scaled technology provider, enabling compliance, regulation, and taxation.
The Dorsey team that represented Akerna in the transaction was led by David Mangum, Jason Brenkert, Shannon Haen and Adams Wickens.