Welcome to our dedicated page for AKANDA news (Ticker: AKAN), a resource for investors and traders seeking the latest updates and insights on AKANDA stock.
Akanda Corp. reports corporate and operating developments across its public-company structure, including updates involving First Towers & Fiber Corp., its wholly owned telecommunications infrastructure subsidiary in Mexico. Recent company news centers on dark fiber network leasing, long-term fiber capacity agreements, and expansion of network coverage in Central Mexico.
Akanda news also includes shareholder voting matters, special meeting adjournments, reverse stock splits, convertible-note financing, and other capital-structure actions. The company's historical cannabis operations have included cultivation, manufacturing, and distribution of medical cannabis products, while current updates also reference operating and financial results and clinical or regulatory disclosure categories.
Akanda (NASDAQ: AKAN) adjourned its Special Meeting of Shareholders on April 29, 2026, because a quorum was not present and no business was transacted. The meeting will reconvene in person in Toronto on May 25, 2026 at 10:00 a.m. ET. Previously submitted proxies will be voted at the reconvened meeting unless properly revoked. The record date for voting remains February 26, 2026. The company is soliciting additional proxies and will send a notice of adjournment to eligible shareholders; the meeting location and online simulcast URL will remain unchanged.
Akanda Corp (NASDAQ: AKAN) will implement a 1-for-4.5 reverse stock split effective April 13, 2026, with trading on an adjusted basis under the existing ticker AKAN.
The split was approved by shareholders on November 28, 2025 and by the Board on March 23, 2026. New CUSIP 00971M700 and ISIN CA00971M7008. Outstanding shares will fall from ~2.4 million to ~534,400. Fractions will be rounded down; no cash will be paid. Vstock Transfer is exchange agent; articles of amendment will be filed in Ontario before April 13, 2026.
Akanda (NASDAQ: AKAN) adjourned its Special Meeting of Shareholders held March 31, 2026, because a quorum was not present and no business was transacted. The meeting will reconvene in person in Toronto on April 27, 2026 at 10:00 a.m. ET, with the same location and online simulcast URL.
The adjournment lets the company solicit additional proxies; previously submitted proxies remain valid unless properly revoked. The record date for voting remains February 26, 2026. Shareholders are encouraged to vote promptly or contact the company for voting assistance.
Akanda (NASDAQ: AKAN) expanded its Mexican dark fiber network by ~200 kilometres to ~900 kilometres, secured via a long-term IRU expected to generate approximately USD $2.0 million in contracted cash flow over 10 years. The deal includes enterprise customers under a five-year initial lease with a five-year renewal option.
The acquisition targets the Bajío industrial corridor, aims to increase network density and margin leverage, and is described as the first of several proposed bolt-on transactions to scale FTF's high-margin digital infrastructure platform.
First Towers & Fiber Corp. (NASDAQ: AKAN) owns an approximately 700-kilometre dark fiber network in Central Mexico, described as the region's largest. The network serves major industrial corridors and was built under a 20-year lease with Telefónica, which leases two fiber pairs as anchor tenant.
FTF also leases capacity to Marcatel, says the network was designed for scalability and redundancy, and the company plans to pursue additional dark fiber lease agreements beginning in 2026 to increase recurring revenue with limited incremental capital investment.
Akanda (NASDAQ: AKAN) closed a private placement of 12-month convertible promissory notes for an aggregate purchase price of $7.0 million on January 23, 2026. The company said net proceeds will be used for marketing up to $2.3 million, working capital and general corporate purposes ~ $2.6 million, and up to $2.1 million to repay debt. Univest Securities acted as exclusive placement agent and Ruskin Moscou Faltischek served as company counsel. The notes and shares issuable on conversion are unregistered under the Securities Act and may not be offered or sold in the U.S. absent registration or an exemption. Additional transaction details are filed in the company's Form 6-K.
Akanda (NASDAQ: AKAN) announced a private placement of 12-month convertible promissory notes for an aggregate purchase price of $7.0 million, with closing expected on January 21, 2026, subject to customary conditions. Proceeds are allocated: up to $2.3M for marketing, approximately $2.6M for working capital and general corporate purposes, and up to $2.1M to repay debt.
Univest Securities acted as exclusive placement agent and Ruskin Moscou Faltischek PC served as counsel. The notes and shares issuable on conversion are unregistered and may not be offered or sold in the U.S. without registration or an exemption. Additional details will be filed in a Form 6-K with the SEC.
Akanda Corp. (NASDAQ: AKAN) will implement a 1-for-5 reverse stock split effective at the market open on January 12, 2026. The split was approved by shareholders on November 28, 2025 and by the Board on December 23, 2025. Outstanding shares will be reduced from approximately 10.1 million to approximately 2.0 million. The ticker remains AKAN; new CUSIP is 00971M601 and new ISIN is CA00971M6018. Fractional shares will be rounded down; no cash will be paid for fractions.
Akanda Corp (NASDAQ: AKAN) on December 18, 2025 welcomed reports that the US administration is considering federal cannabis policy changes, including potential rescheduling from Schedule I to Schedule III. The company said rescheduling could accelerate medical research, improve consumer safety, and shift consumers away from illicit supply chains. Akanda compared the approach to Canada’s Cannabis Act (effective October 17, 2018) as a model for reconciling federal and state law and urged policymakers to focus reforms on measurable outcomes: expanding research, protecting public health, supporting responsible regulation, and reducing illicit markets.
Akanda (NASDAQ:AKAN) has positioned itself as a foundational infrastructure landlord in Mexico's telecom upgrade by owning towers and fiber routes that carriers require. The company currently operates 30 active towers and 700 km of dark fiber, and announced plans for up to 20 additional towers through 2025. Recurring lease revenue from towers and fiber underpins its commercial model. A $12 million convertible financing earlier in the year funded expansion rather than survival. Akanda’s assets sit alongside national projects, creating durable demand and measurable commercial footprints.