AKANDA CORP Stock Price, News & Analysis

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.

Akanda (NASDAQ: AKAN) is researching security requirements and next steps to pursue a full Health Canada cultivation license for THC and CBD at its British Columbia site.

The company extended its option on the BC asset for an additional two years and plans a staged security build—perimeter controls, access management, continuous surveillance and secure storage—to support inspections and operational readiness. Milestone-linked payments are expected, tied to THC cultivation, product sales and CBD cultivation. Analysts project Canada’s legal cannabis market to grow to about USD $5.8–$7.2 billion by 2030 (~10–12% CAGR), which Akanda cites as part of its strategic context.

Akanda (NASDAQ: AKAN) is researching security requirements and next steps to pursue a full cultivation license through its cannabis operating subsidiary, while currently operating under a hemp cultivation license.

The company extended its option on its British Columbia asset for an additional two years and plans a staged build-out of Health Canada–compliant security (perimeter controls, access management, continuous surveillance, secure storage) to support licensing inspections and operational readiness for THC and CBD activities.

Additional payments tied to milestones (THC cultivation, product sales, CBD cultivation) are expected; analysts project Canada's legal cannabis market at USD $5.8–7.2B by 2030 (~10–12% CAGR), which Akanda intends to address with staged commissioning and regulatory engagement.

Akanda (NASDAQ: AKAN) said its subsidiary First Towers & Fiber will build or acquire up to 20 additional telecom towers by the end of 2025, expanding a footprint that already includes 30 towers and 700 km of dark-fiber in Mexico. The expansion targets urban and regional corridors and strengthens FTF's role inside the Altán Redes $7 billion national network project.

Earlier in 2025 the company raised $12 million in convertible funding to support expansion. Management frames each new tower and fiber route as recurring-revenue assets that compound value, while the release notes AKAN has seen notable share-price volatility during October as investors reprice the microcap amid execution milestones.

Akanda Corp (NASDAQ: AKAN) extended its option on a British Columbia cultivation asset for two additional years to continue pursuing a full cultivation license for THC products while currently operating under a hemp cultivation license.

The company plans to develop THC and CBD assets at the Gabriola Island site, with milestone-based payments tied to THC cultivation, product sales, and CBD cultivation. Management cites Gabriola Island's favorable growing conditions—sunshine, balanced rainfall, moderate temperatures, clean air, and fertile soils—as supporting premium, sustainable, high-yield cannabis and hemp production.

Akanda (NASDAQ:AKAN) announced that subsidiary First Towers & Fiber was named a preferred contractor for Mexico's Altán Redes national buildout tied to a >$7 billion program. The company said FTF already operates 30 towers and 700 kilometers of dark fiber, and plans to construct or acquire up to 20 new towers by end of 2025 to strengthen coverage and recurring revenue.

After the announcement, AKAN shares rose more than 49% after hours to close at $3.33; the release also notes Akanda's low float of fewer than 730,000 shares outstanding.