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) 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) 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 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) and its subsidiary First Towers & Fiber Corp announced an expansion to construct and/or acquire up to 20 new cellular towers by the end of 2025 to expand coverage, increase network capacity, and grow recurring revenue.
The initiative builds on FTF's existing 30 operational revenue-generating towers and its 700-kilometer dark fiber network. Management says each additional tower should drive incremental cash flow, improve network utilization, and support partnerships with Altan and CFE.
The plan is positioned as a strategic investment to capture rising mobile data and enterprise connectivity demand across Mexico, with completion targeted by December 31, 2025.
Akanda (NASDAQ: AKAN) said the ongoing Canadian postal strike has made mailing proxy materials for its special meeting impracticable. The special meeting remains scheduled for 10:00 a.m. (Toronto time) on October 30, 2025 at Gowling WLG in Toronto.
The company implemented alternative delivery: Meeting Materials are downloadable at akandacorp.com and on SEC EDGAR, available for six months. Shareholders can request free printed copies by email or courier within Canada and the U.S., and registered holders can obtain voting assistance from Odyssey Trust.
Akanda Corp. (NASDAQ: AKAN) through its subsidiary First Towers & Fiber Corp. (FTF) details its involvement in Mexico's massive Red Compartida telecommunications project led by Altán Redes. The $7 billion initiative aims to provide LTE/4G and 5G-ready network coverage to 92.2% of Mexico's population, serving over 100 million people.
The infrastructure deployment includes a $1.7-1.8 billion investment in partnership with Mexico's Federal Electricity Commission (CFE). The project has already installed 11,383 telecommunications towers, providing internet access to 82,178 localities with over 24 million people. Key financial partners include Macquarie Investment Group, International Finance Corporation, Morgan Stanley, Axtel, and Megacable.
Akanda Corp. (NASDAQ: AKAN) through its subsidiary First Towers & Fiber Corp. (FTF) reported significant progress in Mexico's largest telecommunications infrastructure project. The company has successfully deployed 30 cellular towers that are currently generating revenue and operates a 700-kilometer dark fiber network connecting five cities in central Mexico.
FTF serves as a preferred contractor in the public-private project managed by Altan Redes and CFE Telecomunicaciones. The company has secured Telefonica as an anchor tenant, which leases dark fiber across FTF's entire network. The company plans to expand its telecommunications infrastructure in the coming weeks to meet growing client demands.