Research analysts covering AKANDA.
Recent press releases and 8-K filings for AKAN.
Akanda Closes $7.0 Million Convertible Note Offering
AKAN
Debt Issuance
Convertible Preferred Issuance
New Projects/Investments
- Akanda Corp. announced the closing of a $7.0 million offering of 12-month convertible promissory notes in a private placement transaction.
- The proceeds from the sale of the notes will be used for marketing purposes (up to $2.3 million), working capital and general corporate purposes (approximately $2.6 million), and debt (up to $2.1 million).
- Univest Securities, LLC acted as the exclusive placement agent for the offering.
Jan 23, 2026, 10:25 PM
Akanda Announces $7.0 Million Convertible Note Offering
AKAN
Debt Issuance
Convertible Preferred Issuance
New Projects/Investments
- Akanda Corp. announced a $7.0 million convertible note offering through a private placement with institutional investors, with the closing expected on January 21, 2026.
- The proceeds from the offering are designated for marketing purposes (up to $2.3 million), working capital and general corporate purposes (approximately $2.6 million), and the repayment of certain indebtedness (up to $2.1 million).
- The convertible promissory notes have a 12-month maturity and bear interest at a rate of 10% per annum.
- The initial conversion price for the notes is $1.27 per share, with a floor price of $0.254.
Jan 20, 2026, 1:48 PM
Akanda Corp. Announces Reverse Stock Split
AKAN
Delisting/Listing Issues
Proxy Vote Outcomes
- Akanda Corp. announced a 1-for-5 reverse stock split.
- The reverse stock split is expected to be effective on January 12, 2026, with shares trading on an adjusted basis from that date.
- This action will reduce the number of outstanding common shares from approximately 10.1 million to approximately 2.0 million.
- Shareholders approved the reverse stock split on November 28, 2025, and the Board of Directors approved it on December 23, 2025.
- No fractional shares will be issued; instead, they will be rounded down to the nearest whole number.
Jan 8, 2026, 1:00 PM
AKAN Researches Security for Full Cannabis Cultivation License
AKAN
New Projects/Investments
Product Launch
- Akanda Corp. is researching security requirements and plans to design and commence the build-out of Health Canada-compliant security measures to advance toward a full cultivation license for Tetrahydrocannabinol (THC) products.
- The company has extended its option on its British Columbia asset for an additional two years, during which it will work to develop THC and cannabidiol (CBD) assets.
- This planned security program is expected to support future licensing inspections and operational readiness for THC and CBD activities, with additional payments tied to milestones such as THC cultivation, product sales, and CBD cultivation.
- Akanda aims to capitalize on the projected growth of Canada's legal cannabis market, which analysts forecast to expand from USD $3.25\u2013$3.61 billion in 2024 to approximately USD $5.8\u2013$7.2 billion by 2030.
Nov 13, 2025, 10:25 PM
Akanda Corp. Schedules Adjourned Special Meeting to Vote on Share Issuances and Reverse Stock Split
AKAN
Delisting/Listing Issues
Convertible Preferred Issuance
M&A
- Akanda Corp. has adjourned its special meeting of shareholders to November 28, 2025, at 10:00 a.m. Eastern Time, to consider significant share issuances and a potential share consolidation.
- Shareholders will vote on the FT Share Compensation Resolution to approve the issuance of 4,775,972 common shares to former First Towers & Fibers Corp. shareholders, which would result in them collectively owning approximately 87.11% of the outstanding common shares.
- An Assumed Indebtedness Share Resolution is also on the agenda, proposing the issuance of up to 28 million common shares related to debt settlement agreements and convertible promissory notes, which would lead to noteholders collectively owning approximately 83% of the outstanding common shares.
- A Share Consolidation Resolution (reverse stock split) will be presented, authorizing the board to implement a consolidation ratio between 1-for-2 and 1-for-100 to help maintain Nasdaq listing and potentially increase investor interest.
- Management recommends shareholders vote FOR all resolutions.
Nov 10, 2025, 10:25 PM
Akanda's subsidiary First Towers & Fiber Corp. announces cellular tower expansion in Mexico
AKAN
New Projects/Investments
Revenue Acceleration/Inflection
- Akanda Corp.'s wholly-owned subsidiary, First Towers & Fiber Corp. (FTF), announced plans to construct and/or acquire up to 20 new or existing cellular towers/sites by the end of 2025 in Mexico.
- This expansion aims to strengthen network coverage and capacity, and is expected to drive incremental cash flow and long-term recurring revenue for the company.
- The initiative builds upon FTF's existing infrastructure, which includes 30 operational revenue generating towers and a 700-kilometer dark fiber network.
Oct 17, 2025, 1:00 PM
Akanda Plans 20-Tower Network Expansion Across Mexico by 2025
AKAN
New Projects/Investments
Revenue Acceleration/Inflection
- Akanda Corp. plans to construct or acquire up to 20 new cellular towers in Mexico by the end of 2025 through its subsidiary First Towers & Fiber Corp. (FTF).
- This expansion will add to FTF's existing 30 operational towers and 700-kilometer dark fiber network, aiming to boost recurring revenues and meet Mexico's growing demand for connectivity.
- The company's limited share float of fewer than 730,000 shares outstanding has contributed to significant market interest and stock price volatility.
Oct 16, 2025, 11:12 PM
AKANDA CORP. to hold special meeting for significant share issuances and potential change of control
AKAN
M&A
Debt Issuance
Delisting/Listing Issues
- Akanda Corp. will convene a special meeting on October 30, 2025, to seek shareholder approval for resolutions concerning substantial share issuances.
- The FT Share Compensation Resolution proposes issuing 4,775,972 common shares to former First Towers & Fibers Corp. shareholders, which could result in them collectively owning approximately 87.11% of the outstanding common shares.
- The Assumed Indebtedness Share Resolution seeks approval for issuing 732,384 Common Shares for debt settlement and up to 27,300,000 Common Shares upon conversion of convertible promissory notes totaling US$4,909,995.28. If approved, noteholders could collectively own approximately 83% of the outstanding common shares.
- These approvals are necessary to comply with NASDAQ listing rules, as the proposed issuances represent 20% or more of the company's outstanding common shares as of August 21, 2025, and will lead to significant dilution for existing shareholders.
Oct 9, 2025, 9:15 PM
Akanda's Subsidiary First Towers & Fiber Corp. Leads Deployment in Mexico's Largest Telecommunication Infrastructure Project
AKAN
New Projects/Investments
Revenue Acceleration/Inflection
- Akanda Corp.'s wholly-owned subsidiary, First Towers & Fiber Corp. (FTF), is a preferred contractor in Mexico's largest telecommunications infrastructure project, as of September 30, 2025.
- FTF has 30 cellular towers already deployed and generating revenue throughout Mexico.
- The company also operates an over 700 km dark fiber network connecting five cities in central Mexico, with Telefonica as an anchor tenant.
- FTF is expanding its telecommunications infrastructure network in the coming weeks.
Oct 1, 2025, 11:01 AM
Akanda Reports H1 2025 Results, Details Acquisition and Financing
AKAN
Earnings
M&A
Debt Issuance
- Akanda Corp. reported a net loss of $(815,001) and loss per share of $(1.17) for the six months ended June 30, 2025, an improvement from the prior year period.
- The company completed a business combination with First Towers & Fiber Corp. on August 21, 2025, making it a wholly-owned subsidiary.
- In connection with the acquisition, Akanda assumed $4,909,995.28 in First Towers' indebtedness and issued a $14,133,966 promissory note.
- On September 12, 2025, Akanda issued convertible promissory notes for $12,000,000 in gross proceeds, intended for marketing, site development, working capital, and debt repayment.
- A 1-for-3.125 Reverse Stock Split was implemented on August 26, 2025.
Oct 1, 2025, 12:52 AM
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