Government Highlight: David “DMC” McCullough, CTO of Akerna

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Previous to being appointed CTO of Akerna, David McCullough served as Akerna’s Government Vice President of Product & Engineering, overseeing all software program improvement, improvement operations, high quality assurance, automations, methods, and safety operations. He has 16 years of Software program Engineering expertise. Earlier than becoming a member of Akerna, he was the CTO of StudentPublishing.com, the place he actively managed the technical facets of Scholar Publishing’s sale to and methods integration with lulu.com. David has in depth authorities methods expertise and was additionally a professor at New Mexico State College the place he taught programs in information communications and networking. 

 

GMR Government Highlight Interview Q & A:

 

Title:

Chief Know-how Officer (CTO)

Firm:

Akerna

Years at present firm:

Six

Most profitable skilled accomplishment earlier than cannabis:

Earlier than David’s work in cannabis, he invented a web based self-publishing software program that enables colleges and youngsters to create and publish books on-line to be revealed as bodily books and returned to the author.

Firm Mission:

We’re enthusiastic about fixing issues that higher our world. Akerna supplies data-driven cannabis options worldwide throughout your complete cannabis provide chain. Our know-how empowers the cannabis trade to show outcomes that positively change lives daily.

Firm’s most profitable achievement:

Our CEO, Jessica Billingsley, co-founded the corporate that invented seed-to-sale monitoring in 2010. This was finished upon figuring out the necessity for natural materials monitoring and compliance SaaS options within the nascent cannabis trade. We acknowledged that as a result of distinctive complexities and wishes of the trade, cannabis wanted know-how constructed for it particularly, not simply tailored from different industries. We believed visibility throughout your complete provide chain from seed-to-sale could be a requirement for the trade’s sustained development. At present, any such monitoring is a requirement of most states that regulate authorized cannabis.

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In 2017, we launched MJ Platform, the cannabis trade’s first ERP in response to the maturing of the cannabis market to multi-state enterprise companies. We additionally led worldwide growth within the cannabis know-how sector very early on in 2012 in Canada then into Spain. At present, our whole footprint spans 23 states and 15 international locations. Innovation and seeing what alternatives are subsequent on the horizon – after which being prepared for them first – has been a trademark of Akerna for the reason that inception of our flagship product MJ Freeway.

In 2019, Akerna grew to become the primary cannabis software program enterprise to be traded on a serious U.S. trade, Nasdaq (ticker KERN). This itemizing was an unprecedented milestone for the cannabis trade and signified a shift in beliefs and generated ripples of alternative for the way forward for the trade.

Since then, we’ve grown the Akerna household to incorporate many main cannabis and alcohol know-how answer s: Ample Organics,  Final Name Analytics,  Leaf Knowledge Techniques,  MJ Freeway/MJ Platform, solo sciences, Trellis, and Viridian Sciences.

At present,  Akerna is the cannabis trade’s solely scaled know-how supplier, enabling compliance, regulation, and taxation. We present the single most complete product ecosystem for cannabis operators which have companies throughout any a part of the provision chain, from seed-to-sale. This supplies transparency and accountability alongside just about every bit of the provision chain.

Over the previous decade, we’ve seen a lot change within the political and social environments surrounding cannabis. As we put together for a post-legalization panorama and the trade continues to consolidate and mature, we firmly imagine the enterprise capabilities we provide, together with complete compliance options and monetary reporting integrations, will develop into more and more essential to the long run leaders of the cannabis trade.

Has the corporate raised any capital (sure or no): 

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Sure

If that’s the case, how a lot?

Since going public Akerna has raised $22,000,000

Any plans on elevating capital sooner or later?

 We really feel we’re properly capitalized as we speak and proceed to have institutional assist and entry to the markets ought to the necessity come up.  We’re all the time rigorously evaluating the wants of the enterprise to maximise long-term shareholder worth. 

Most vital firm  5  yr  purpose:

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To be the dominant supplier of know-how to the cannabis, hemp, and CBD industries, whereas additionally serving extra verticals by offering full accountability and transparency to what customers are placing in and on their our bodies.


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Disclosure

The statements made regarding these merchandise haven’t been evaluated by the Meals and Drug Administration. The efficacy of these merchandise has not been confirmed by FDA-approved evaluation. These merchandises are normally not meant to diagnose, cope with, treatment, or forestall any sickness. All information discovered proper right here is not going to be meant as another choice to or totally different from information from well-being care practitioners. Please search the recommendation of your well-being care expert about potential interactions or totally different attainable points sooner than using any product. The Federal Meals, Drug and Magnificence Act requires this discovery.

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