First Towers Growth Puts Akanda Corps Scarce Float in the Spotlight (NASDAQ:AKAN)

Rhea-AI Summary

Akanda Corp (NASDAQ:AKAN) has emerged as a unique player on the Nasdaq with an exceptionally scarce float of only 728,000 shares outstanding following a reverse split. The company reported significant progress through its subsidiary, First Towers & Fiber (FTF), which is playing a crucial role in Mexico's telecom infrastructure project with 30 towers deployed and 700 kilometers of dark fiber connecting five cities.

The company maintains a dual-market strategy, combining telecom infrastructure operations with plant-based wellness therapeutics potential in British Columbia and UK markets. Akanda recently secured $12 million in convertible note financing to support expansion and working capital needs.

Positive

• Extremely limited float of only 728,000 shares outstanding, creating potential for amplified stock movements
• Successfully deployed 30 revenue-generating towers and 700km of dark fiber infrastructure in Mexico
• Secured $12 million in convertible note financing for expansion
• Dual revenue strategy combining steady infrastructure income with future wellness market potential

Negative

• Recent reverse stock split indicates previous share price weakness
• Plant-based wellness segment faces regulatory restrictions and uncertain timeline for market access
• Convertible note financing may lead to future dilution

Insights

Financial Analyst

Akanda's tiny float creates amplified stock impact potential, but promotional language raises concerns about the actual substance behind the announcement.

This press release appears unusually promotional for a NASDAQ-listed company. While it highlights Akanda's extremely scarce float (only 728,000 shares outstanding after a reverse split), the actual substantive news is limited. The company reports that its subsidiary First Towers & Fiber (FTF) has deployed 30 towers and 700 kilometers of dark fiber in Mexico, while also mentioning a recent $12 million convertible note offering.

The extremely small float is indeed notable and could create significant share price volatility on any news. However, the release contains several concerning elements typical of promotional materials rather than substantive corporate updates. It repeatedly emphasizes the scarcity of shares rather than financial performance metrics, uses emotionally charged language ("ripple becomes a wave"), and makes forward-looking statements about "therapeutic wellness" opportunities without concrete financial projections.

The $12 million convertible note will likely be dilutive to existing shareholders despite the company's emphasis on its tight float. The release mentions this financing will fund British Columbia operations expansion, marketing, and working capital, but provides no specific allocation or expected ROI from these investments.

Investors should approach with caution - while the scarcity of shares could indeed create price movement on positive news, this particular announcement contains limited concrete operational progress relative to the promotional tone. The lack of specific revenue figures from the telecom operations or growth metrics is particularly notable for a company emphasizing its accountability due to its share structure.

TORONTO, ON / ACCESS Newswire / September 30, 2025 / Owning shares in most small caps can feel like holding a lottery ticket where the odds of winning are one in millions. Many flood the market with paper, leaving individual ownership positions barely registering. Akanda Corp (NASDAQ:AKAN) flipped that script. With roughly 728,000 shares outstanding after its reverse split, its float is one of the leanest on the Nasdaq. That kind of scarcity doesn't just stand out - it ensures every operational milestone carries amplified weight.

And Akanda isn't wasting it. On September 30, the company spotlighted significant operational progress at its 100% owned subsidiary, First Towers & Fiber (FTF). A recognized leader in Mexico's telecom buildout, Akanda highlighted FTF's expanding role as a preferred contractor in the country's largest public/private infrastructure project, managed by Altan Redes and CFE Telecomunicaciones. With 30 towers already deployed and generating revenue, and another 700 kilometers of dark fiber connecting five cities, FTF brings market expertise and operational capacity to the table. Its position isn't symbolic - it's central to strengthening Mexico's network backbone and ensuring reliable, future-ready connectivity for millions.

Meanwhile, Akanda hasn't lost sight of its roots in plant-based wellness therapeutics - still federally restricted, but gaining strong momentum under state and provincial frameworks. Its British Columbia operations and UK distribution arm are quietly setting the stage for a wellness market that regulators can delay but not deny. When that gate finally swings open, Akanda won't be scrambling to catch up. It will already be positioned and ready to market from a solid infrastructure.

Capitalizing on Dual Market Opportunities
This dual identity - infrastructure today, therapeutic wellness tomorrow - is what makes Akanda far more valuable than it's being credited for. Both sectors are tightly regulated, both require discipline, and both are tied to billion-dollar narratives. Together, they create balance: steady cash flow from contracted infrastructure and long-term upside from therapeutic wellness. And all of it rests on a float so scarce it feels less like a Nasdaq listing and more like a seed-stage investment.

The difference, of course, is that Akanda isn't chasing its first check - it's already securing institutional financing to fuel growth. Earlier this month, Akanda closed a $12 million convertible note offering to expand its British Columbia site, fund marketing, and strengthen working capital. That's not a bailout move. That's discipline - ensuring the balance sheet is tuned to support both sides of the business. With many companies borrowing and then diluting endlessly, Akanda is taking a different tack by positioning itself to make "scale" its value driver.

Don't mistake share scarcity for fragility. In Akanda's case, it's a strength. With so few shares in play, ownership becomes rare - and the upside impossible to ignore, especially with updates like the one about FTF announced Tuesday.

Why Scarcity Matters Now
Best said, AKAN's tiny float doesn't just make Akanda unusual - it makes it accountable. Management can't hide behind millions of shares and endless dilution. Every financing, every contract win, every operational update lands squarely in view. That pressure creates a culture where execution is the only option. Scarcity doesn't allow for complacency.

Moreover, it sharpens the lens through which the market views progress. When new revenue from FTF's infrastructure projects hits the books, the impact is magnified. When therapeutic wellness sales expand under favorable jurisdictions, the growth is amplified. With fewer than a million shares to absorb momentum, the ripple becomes a wave.

Indeed, at a time when a new boom of AI stocks is getting investors fatigued by over-issued stock and broken promises, Akanda offers something rare: scarcity aligned with tangible results. That combination can be catalytic. And it's the reason Akanda's story doesn't just read like another microcap pitch. It reads like a company that knows scarcity can be its strongest asset.

About Akanda Corp.
Akanda Corp. is an international cannabis company with operations in Europe and North America. The company is dedicated to cultivating and distributing high-quality medical cannabis and wellness products that improve lives. Akanda's mission is to provide safe, reliable, and accessible cannabis products to consumers worldwide while promoting sustainable business practices.

About First Towers & Fiber Corp.
First Towers is focused on tower development and operating its 700+km fiber optic network in the attractive wireless market of Mexico, with an intention to expand to other Latin American countries. It is a wholly-owned subsidiary of Akanda Corp. (NASDAQ:AKAN).

Forward-Looking Statements
This article was prepared by Hawk Point Media Group, LLC and may contain information, views, or opinions regarding the future expectations, plans, and prospects of Akanda Corp. that constitute or may constitute forward-looking statements. These statements are not historical facts and are based on assumptions, beliefs, and expectations regarding future economic and operating performance. Although Hawk Point Media Group, LLC believes such statements are made in good faith and based on information available at the time of writing, there can be no assurance that the expectations expressed will prove accurate. Akanda Corp and Hawk Point Media Group, LLC undertake no obligation to update or revise any forward-looking statements, except as required by applicable law.

Forward-looking statements are inherently subject to risks, uncertainties, and factors that could cause actual results to differ materially from those projected. Such factors include, but are not limited to, industry conditions, regulatory developments, economic trends, and risks identified in Akanda Corp filings with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of publication.

Accuracy & Disclosure Statement: Hawk Point Media Group, LLC (HPM) works on a retainer basis with IR Agency, Inc. to provide press release, editorial, digital media, and consulting services. Accordingly, IR Agency, Inc. may engage HPM to create content SPONSORED CONTENT relating to public companies during the term of its retainer. Up to one thousand dollars of the retainer received will be allocated toward the creation and syndication of content about Akanda Corp. Because of this arrangement, this content should be considered sponsored content. The information contained herein is based on sources believed to be reliable, including publicly available filings, company disclosures, and direct website content, and is accurate to the best of our knowledge at the time of creation. This content is for informational purposes only and should not be construed as investment advice. At the time of creation, HPM does not own, buy, sell, or trade securities of the companies covered. Any reproduction or syndication of this content must include this statement. This disclosure is made in accordance with Section 17(b) of the Securities Act of 1933, the Federal Trade Commission's Endorsement Guides, and other applicable regulations governing sponsored investment content.

EMAIL contact for this release: info@hawkpointmedia.com

SOURCE: Akanda Corp

View the original press release on ACCESS Newswire

FAQ

What is the current float of Akanda Corp (NASDAQ:AKAN) stock?

Akanda Corp has approximately 728,000 shares outstanding following its reverse split, making it one of the smallest floats on the Nasdaq.

What progress has Akanda's First Towers & Fiber (FTF) made in Mexico?

FTF has deployed 30 revenue-generating towers and installed 700 kilometers of dark fiber connecting five cities as part of Mexico's major telecom infrastructure project.

How much funding did Akanda (AKAN) secure in September 2025?

Akanda secured $12 million through a convertible note offering to fund expansion of its British Columbia site, marketing initiatives, and working capital.

What are the main business segments of Akanda Corp (AKAN)?

Akanda operates in two main segments: telecom infrastructure through First Towers & Fiber in Mexico, and plant-based wellness therapeutics in British Columbia and UK markets.

How will Akanda's limited float affect its stock performance?

The extremely small float of 728,000 shares means operational milestones and business developments could have amplified effects on the stock price due to limited supply.