Akanda (NASDAQ: AKAN) eyes growth from Central Mexico dark fiber network

Rhea-AI Filing Summary

Akanda Corp., through its fully owned subsidiary First Towers & Fiber Corp. (FTF), highlights plans to expand leasing of its approximately 700‑kilometre dark fiber optic network in Central Mexico. The network is described as the largest dark fiber infrastructure in the region, serving major industrial corridors and fast‑growing state economies.

The network was built around a 20‑year dark fiber lease agreement with Telefónica, which acts as anchor tenant and currently leases two of 24 available fiber pairs. FTF also leases capacity to Marcatel. The network was designed for scalability and redundancy, allowing more tenants and incremental recurring revenue with limited additional capital investment. Starting in 2026, the company plans to pursue further dark fiber lease agreements, aiming to support growing connectivity needs across Central Mexico.

Insights

Telecom infrastructure analyst

Akanda’s Mexican dark fiber platform is positioned for multi-tenant growth.

Akanda, via First Towers & Fiber Corp., controls an approximately 700‑kilometre dark fiber network in Central Mexico, described as the largest in that region. A 20‑year lease with Telefónica as anchor tenant, plus Marcatel as another customer, provides long-duration contracted demand.

The network has 24 fiber pairs, with Telefónica currently leasing two pairs, leaving substantial unleased capacity. Management states the network was engineered for scalability and redundancy, which can support multiple additional tenants without major new capital, potentially improving operating leverage if further leases are signed.

The company intends to pursue additional dark fiber lease agreements beginning in 2026, using its regional relationships and operating experience. Actual financial impact will depend on the pace and terms of future leasing, which are not quantified here and may be influenced by competitive dynamics and broader demand for connectivity in Central Mexico.

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE

SECURITIES EXCHANGE ACT OF 1934

For the month of February 2026

Commission File Number: 001-41324

AKANDA CORP.

(Exact Name of Registrant as Specified in Charter)

Akanda Corp.
100 King Street W, Suite 1600
Toronto, Ontario M5X 1G5, Canada

(Address, including zip code, and telephone number, including area code, of Registrant’s principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F ☒         Form 40-F ☐ 

Exhibit Index 

Exhibit Number		Description
99.1		Press Release dated February 27, 2026

1 

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

Date: February 27, 2026

	AKANDA CORP. (Registrant)
	By:	/s/ Katie Field
	Name:	Katie Field
	Title:	Interim Chief Executive Officer and Director

2

Exhibit 99.1

First Towers & Fiber Corp. Owns The Largest Dark Fiber Network In Central Mexico

Toronto, Ontario--(Newsfile Corp. – February 27, 2026) - Akanda Corp. (NASDAQ: AKAN) (“Akanda”) and its 100% owned subsidiary First Towers & Fiber Corp. (“FTF” or the “Company”), an emerging telecommunications infrastructure developer in Mexico, announced today plans to further expand the leasing of its approximately 700-kilometre dark fiber optic network located in Central Mexico. The network represents the largest dark fiber infrastructure in the region, serving several of Mexico’s most active industrial corridors and fastest-growing state economies.

The network was constructed following the execution of a 20-year long-term dark fiber lease agreement with Telefónica, the Spanish multinational telecommunications company, which serves as the Company’s anchor tenant. Telefónica currently leases two fiber pairs from a total of 24 available fiber pairs on the network, leaving significant remaining capacity available for additional customers.

FTF also leases dark fiber capacity to Marcatel, a rapidly growing telecommunications provider in Mexico. The network was designed with scalability and redundancy to support multiple additional tenants and incremental leasing opportunities, allowing the Company to increase recurring revenue with limited incremental capital investment.

The Company plans to pursue additional dark fiber lease agreements beginning in 2026, leveraging its established regional presence, operating experience, and relationships within the telecommunications sector.

Chris Cooper, President of First Towers & Fiber Corp., stated:

“Our dark fiber network was intentionally designed to support long-term scalability. We believe the significant available capacity within the network, combined with increasing demand for high-capacity fiber infrastructure, positions the Company to pursue additional leasing opportunities and enhance recurring revenue over time.”

FTF believes that continued leasing of its dark fiber assets will further strengthen its role as a shared telecommunications infrastructure provider supporting growing connectivity requirements across Central Mexico.

About First Towers & Fiber Corp.

First Towers & Fiber Corp. is an emerging developer of telecommunications infrastructure in Mexico, specializing in cellular tower construction and dark fiber networks. FTF partners with national carriers and technology providers to deliver scalable, reliable, and future-ready connectivity solutions, driving both commercial growth and digital inclusion.

For further information, contact:

AKANDA CORP. GENERAL ENQUIRIES
E: ir@akandacorp.com

Forward-Looking Statements

This press release contains ” forward-looking statements.” Such statements which are not purely historical (including, but not limited to statements that contain words such as “will,” “believes,” “plans,” “anticipates,” “expects,” “intends,” “would,” “could” and “estimates”) are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future.

Important factors, among others, that may affect actual results or outcomes include: (i) changes in domestic and foreign business, market, financial, political and legal conditions; (ii) failure to realize the anticipated benefits of Akanda’s acquisition of FTF; (iii) the limited operating history of each of Akanda and FTF; (iv) the ability of Akanda and its subsidiaries (collectively, “Akanda Group”) to grow and manage growth effectively; (v) the ability of Akanda Group to execute their business plans; (vi) estimates of the size of the markets for Akanda Group’s products and services; (vii) the rate and degree of market acceptance of Akanda Group’s products and services; (viii) Akanda Group’s ability to identify and integrate acquisitions; (ix) future investments in technology and operations; (x) potential litigation involving Akanda Group; (xi) risks relating to the uncertainty of projected financial information; (xii) the effects of competition on Akanda Group’s businesses; (xiii) developments and changes in laws and regulations; (xiv) the impact of significant investigative, regulatory or legal proceedings; (xv) general economic and market conditions impacting demand for Akanda Group’s products and services; (xvi) the ability to meet Nasdaq’s listing standards; (xvii) the ability of Akanda to raise capital, and to issue equity or equity-linked securities in the future; (xviii) the ability of Akanda to manage its significant debt load and liabilities; and (xix) such other risks and uncertainties as are discussed in Akanda’s Annual Report on Form 20-F filed with the SEC or in other documents Akanda files from time to time with the SEC. Akanda expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in Akanda’s expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.

Actual results could differ from those projected in any forward-looking statements due to numerous factors. These forward-looking statements are made as of the date of this press release, and Akanda assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements, except as required by law. Although Akanda believes that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in Akanda’s reports and statements filed from time-to-time with the Securities and Exchange Commission.

FAQ

What did Akanda Corp. (AKAN) announce about First Towers & Fiber Corp.?

Akanda Corp. announced that its wholly owned subsidiary First Towers & Fiber Corp. plans to further expand leasing of its approximately 700‑kilometre dark fiber network in Central Mexico, targeting more tenants and recurring revenue from its existing infrastructure.

How large is First Towers & Fiber Corp.’s dark fiber network in Central Mexico?

First Towers & Fiber Corp. operates an approximately 700‑kilometre dark fiber optic network in Central Mexico. The company states this is the largest dark fiber infrastructure in the region, spanning several of Mexico’s most active industrial corridors and fastest‑growing state economies.

Who are the current tenants on Akanda’s First Towers & Fiber dark fiber network?

The current tenants are Telefónica, which serves as anchor tenant under a 20‑year dark fiber lease agreement, and Marcatel, a rapidly growing Mexican telecommunications provider. Telefónica presently leases two fiber pairs out of a total of 24 available on the network.

What is significant about Telefónica’s agreement with First Towers & Fiber Corp.?

Telefónica has a 20‑year long‑term dark fiber lease agreement with First Towers & Fiber Corp. This agreement provided the basis for constructing the network and positions Telefónica as anchor tenant, while still leaving significant fiber capacity available for additional customers.

What growth plans does First Towers & Fiber Corp. have for 2026?

First Towers & Fiber Corp. plans to pursue additional dark fiber lease agreements beginning in 2026. It aims to leverage its established regional presence, operating experience, and telecommunications relationships to add more tenants and enhance recurring revenue from its existing network.

What type of business does First Towers & Fiber Corp. operate for Akanda (AKAN)?

First Towers & Fiber Corp. is an emerging telecommunications infrastructure developer in Mexico. It focuses on cellular tower construction and dark fiber networks, partnering with national carriers and technology providers to deliver scalable, reliable connectivity solutions that support commercial growth and digital inclusion.

What risks does Akanda Corp. mention in relation to its business and FTF?

Akanda cites risks including changing market and legal conditions, realizing benefits from acquiring FTF, limited operating history, competition, regulatory developments, litigation risk, the ability to raise capital, manage debt, and maintain Nasdaq listing standards, as outlined in its SEC filings and risk disclosures.

Filing Exhibits & Attachments

1 document

Press Releases

• EX-99.1 PRESS RELEASE DATED FEBRUARY 27, 2026 8.8 KB