STOCK TITAN

Akanda unit starts cash flow from 200 km fiber

Akanda’s Mexican telecom subsidiary reports first cash lease payment from its 200 km fiber network and fully active 28‑tower portfolio.

(Neutral)
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Akanda Corp. (AKAN) reports that its 100% owned subsidiary First Towers & Fiber Corp. in Mexico has begun generating cash flow from a new 200‑kilometer fiber network, following collection of its first cash lease payment in August 2026. A second monthly invoice has been submitted, with cash collection expected in September/October 2026, and revenue realization on the network is described as fully on track. Technical delivery of the fiber network is progressing ahead of expectations, with only a few remaining kilometers pending client sign-off and full operational acceptance targeted by December 2026. The subsidiary is also in discussions with its client regarding the allocation of additional fiber kilometers, and its existing portfolio of 28 cellular tower sites remains fully active and generating recurring lease income.

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Fiber network length 200 kilometers Length of First Towers & Fiber Corp.’s new fiber build-out in Mexico
Active tower sites 28 sites Cellular tower sites reported as 100% active and generating recurring lease income
First cash lease payment August 2026 Month in which the first cash lease payment on the new fiber network was collected
Target for full operational acceptance December 2026 Target date by which full operational acceptance of the fiber network is expected
Second invoice cash collection window September/October 2026 Period during which cash collection for the second monthly invoice is scheduled
Momentum reference year 2027 Year cited in management’s comment about strong momentum heading into 2027
recurring revenue-generating financial
"mark a significant step forward in the Company’s transition into a recurring revenue-generating"
lease payment financial
"FTF successfully collected its first cash lease payment in August 2026"
telecommunications infrastructure technical
"an emerging telecommunications infrastructure developer in Mexico"
Telecommunications infrastructure is the physical and digital network—cell towers, fiber-optic cables, data centers, satellites, switches and routers—that carries phone calls, internet traffic and data between people and businesses. Investors care because it is the backbone that enables modern services: its condition and capacity drive revenue potential, require large upfront spending, and are sensitive to demand growth, regulation and technology upgrades—think of it as the highways and utility lines that keep the digital economy moving.
dark fiber networks technical
"specializing in cellular tower construction and dark fiber networks"
forward-looking statements regulatory
"This press release contains “forward-looking statements.”"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
Nasdaq’s listing standards regulatory
"the ability to meet Nasdaq’s listing standards"

FAQ

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

Akanda announced that First Towers & Fiber Corp. collected its first cash lease payment in August 2026 from its new 200‑kilometer fiber network, marking a transition from network build-out to active revenue generation and recurring cash flow from this infrastructure.

How large is the new fiber network highlighted by Akanda Corp. (AKAN)?

The subsidiary’s new fiber network spans 200 kilometers. The network has moved from construction to operational status, with the first cash lease payment received and only a few remaining kilometers pending client sign-off toward full operational acceptance.

What is the status of First Towers & Fiber Corp.’s tower portfolio under AKAN?

First Towers & Fiber Corp.’s tower portfolio consists of 28 cellular tower sites, all of which are reported as 100% active, radiating, and generating steady recurring lease income, providing an ongoing base of telecommunications infrastructure revenue.

What timeline did Akanda Corp. (AKAN) provide for full operational acceptance of the fiber network?

The company stated it is well positioned to achieve full operational acceptance of the 200‑kilometer fiber network ahead of its December 2026 target, with only a few remaining kilometers still awaiting client sign-off.

Is Akanda Corp. (AKAN) pursuing further expansion of its fiber network in Mexico?

Yes. Based on the strategic value of the initial 200‑kilometer deployment for the client’s regional coverage, First Towers & Fiber Corp. is in discussions to secure additional fiber kilometers, which could expand the joint network footprint.

What risks did Akanda Corp. (AKAN) highlight in connection with this update?

Akanda included forward-looking statements language citing risks such as market and legal conditions, the ability to realize benefits from acquiring FTF, limited operating history, competition, regulatory developments, Nasdaq listing standards, capital-raising needs, and managing debt and liabilities.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

 

 

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 September 2026

 

Commission File Number: 001-41324

 

AKANDA CORP.

(Name of registrant)

 

c/o Gowling WLG

100 King St. W, Suite 1600

Toronto, ON M5X 1G5

(Address of principal executive office)

 

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
Number
  Description
99.1   Press Release dated September 4, 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.

 

  AKANDA CORP.
  (Registrant)
     
Date: September 4, 2026 By: /s/ Katie Field
    Name:  Katie Field
    Title: Interim Chief Executive Officer and Director

 

2

 

Exhibit 99.1

 

First Towers & Fiber Corp. Delivers First Cash Flow from New 200 KM Fiber Network, Eyes Expansion with Client

 

Toronto, Ontario--(Newsfile Corp. – September 4, 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, today announced a series of operational and financial milestones that mark a significant step forward in the Company’s transition into a recurring revenue-generating telecommunications infrastructure business.

 

First Cash Lease Payment Collected

 

FTF successfully collected its first cash lease payment in August 2026 from its new 200-kilometer fiber build-out, marking the Company’s transition from network build-out to active revenue generation. The second monthly invoice was submitted in August, with cash collection scheduled for September/October 2026. Revenue realization on the network remains fully on track.

 

Technical Delivery Ahead of Schedule

 

Technical delivery of the Company’s fiber network is advancing ahead of Company expectations, with only a few remaining kilometers pending client sign-off. The Company believes that it is well positioned to achieve full operational acceptance of the network ahead of its December 2026 target.

 

Strategic Value Driving Expansion Discussions

 

The initial 200-kilometer fiber network deployment has proven strategic for the client’s regional coverage. Building on this success, FTF is now in discussions with the client to secure the allocation of additional fiber kilometers, positioning the Company to expand its joint network footprint further.

 

Tower Portfolio Continues to Deliver Steady Income

 

The Company’s tower portfolio remains a reliable contributor to recurring revenue, with all 28 cellular tower sites 100% active, radiating, and generating steady recurring lease income.

 

Chris Cooper, President of FTF, stated: “Collecting our first cash lease payment on the new fiber network is a defining moment for First Towers & Fiber Corp. — it validates the strategy we’ve been executing and marks our transition into a recurring revenue business. With technical delivery ahead of schedule, our tower portfolio performing consistently, and active discussions underway to expand our fiber footprint with our client, we see strong momentum heading into 2027.”

 

FTF remains committed to advancing connectivity through strategic infrastructure growth and efficient service delivery, positioning itself as a reliable partner for telecom providers and the communities they serve.

 

 

 

 

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.

 

 

 

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