Akanda Corp. (AKAN)

NASDAQ: AKAN · IEX Real-Time Price · USD
0.133
+0.029 (27.40%)
At close: May 16, 2024, 4:00 PM
0.139
+0.007 (4.91%)
After-hours: May 16, 2024, 5:29 PM EDT
27.40%
Market Cap 1.55M
Revenue (ttm) 2.16M
Net Income (ttm) -32.28M
Shares Out 11.93M
EPS (ttm) -7.16
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 80,106,251
Open 0.102
Previous Close 0.104
Day's Range 0.097 - 0.172
52-Week Range 0.085 - 1.050
Beta 1.61
Analysts n/a
Price Target n/a
Earnings Date May 28, 2024

About AKAN

Akanda Corp., through its subsidiaries, engages in the cultivation, manufacture, and distribution of cannabis products to patients worldwide. It offers medicinal-grade cannabis and cannabis based medical and wellness products. The company was incorporated in 2021 and is headquartered in New Romney, the United Kingdom. [Read more]

Sector Healthcare
IPO Date Mar 15, 2022
Employees 46
Stock Exchange NASDAQ
Ticker Symbol AKAN
Full Company Profile

Financial Performance

In 2023, Akanda's revenue was $2.16 million, a decrease of -17.55% compared to the previous year's $2.62 million. Losses were -$32.28 million, 176.9% more than in 2022.

Financial Statements

News

Akanda Corp. Receives Notice of Non-Compliance from NASDAQ

London, United Kingdom--(Newsfile Corp. - May 16, 2024) - Akanda Corp. (NASDAQ: AKAN) ("Akanda" or the "Company"), announced that it has received a deficiency notification letter from the Nasdaq Listi...

2 hours ago - Newsfile Corp

Akanda Corp Announces Settlement Agreement with Former CEO Tejinder Virk

London, United Kingdom--(Newsfile Corp. - May 13, 2024) - Akanda Corp. (NASDAQ: AKAN) ("Akanda" or the "Company"), today announced a settlement agreement with former chief executive officer and direct...

3 days ago - Newsfile Corp

Akanda Corp. Announces Plans to Be Among International First Movers Pending Completion of Landmark Change in US Drug Policy

London, United Kingdom--(Newsfile Corp. - May 10, 2024) - Akanda Corp. (NASDAQ: AKAN) ("Akanda" or the "Company"), an international medical cannabis company, today announces it is actively following t...

6 days ago - Newsfile Corp

Akanda Appoints Cooper to the Board of Directors

London, United Kingdom--(Newsfile Corp. - April 25, 2024) - Akanda Corp. (NASDAQ: AKAN) ("Akanda" or the "Company"), an international medical cannabis company, Akanda Corp. announces the appointment o...

20 days ago - Newsfile Corp

Akanda Announces No Equity Financing Until Further Notice

London, United Kingdom--(Newsfile Corp. - April 15, 2024) - Akanda Corp. (NASDAQ: AKAN) ("Akanda" or the "Company"), an international medical cannabis company, previously announced the completion of s...

4 weeks ago - Newsfile Corp

Akanda Announces Plans to Enter Blockchain and AI Technology Sector

London, United Kingdom--(Newsfile Corp. - April 12, 2024) - Akanda Corp. (NASDAQ: AKAN) ("Akanda" or the "Company"), an international medical cannabis company, announces its plans to enter the blockch...

4 weeks ago - Newsfile Corp

Akanda Looks to Commercialize and Capitalize on Germany's Legalization of Cannabis, Opening Path to $3BN Market

London, United Kingdom--(Newsfile Corp. - April 12, 2024) - Akanda Corp. (NASDAQ: AKAN) ("Akanda" or the "Company"), an international medical cannabis company, Akanda Corp. announces its plans to eval...

4 weeks ago - Newsfile Corp

Akanda Corp. Announces Plan to Integrate Technology Solutions to Capture UK Market

London, United Kingdom--(Newsfile Corp. - April 11, 2024) - On April 4, 2024, Akanda Corp. (NASDAQ: AKAN) ("Akanda" or the "Company"), an international medical cannabis company, announced its wholly-o...

5 weeks ago - Newsfile Corp

Akanda Corp. Announces Closing of the Sale of RPK

London, United Kingdom--(Newsfile Corp. - April 11, 2024) - On April 1, 2024, Akanda Corp. (NASDAQ: AKAN) ("Akanda" or the "Company"), an international medical cannabis company, completed the transact...

5 weeks ago - Newsfile Corp

Akanda Corp. Announces Canmart's Plans for Facebook and Instagram Social Shopping Technology Integration

London, United Kingdom--(Newsfile Corp. - March 28, 2024) - Akanda Corp. ("Akanda" or the "Company") (NASDAQ: AKAN), an international medical cannabis company, Akanda Corp. announced its wholly-owned ...

7 weeks ago - Newsfile Corp

Akanda Corp. Announces Strategic Plan to Evaluate and Enter Bitcoin, Blockchain, AI Segments of the Cannabis Market

London, United Kingdom--(Newsfile Corp. - March 28, 2024) - Akanda Corp. (NASDAQ: AKAN) ("Akanda" or the "Company"), an international medical cannabis company, announced aspirations to enter technolog...

7 weeks ago - Newsfile Corp

Akanda Corp. Announces Closing of Underwritten Public Offering

London, United Kingdom--(Newsfile Corp. - March 27, 2024) - On March 24, 2024, Akanda Corp. (NASDAQ: AKAN) ("Akanda" or the "Company"), an international medical cannabis company, entered into an under...

7 weeks ago - Newsfile Corp

Akanda Corp. Announces Pricing of Underwritten Public Offering

London, United Kingdom--(Newsfile Corp. - March 25, 2024) - Akanda Corp. (NASDAQ: AKAN) ("Akanda" or the "Company"), an international medical cannabis company, today announced that it has entered into...

7 weeks ago - Newsfile Corp

RETRANSMISSION: Akanda Corp. Signs Share Purchase and Escrow Agreements for the Sale of Portuguese Assets to Somai Pharmaceuticals

London, United Kingdom--(Newsfile Corp. - March 1, 2024) - Akanda Corp. (NASDAQ: AKAN) ("Akanda" or the "Company"), an international medical cannabis company, today announced the signing of a definiti...

2 months ago - Newsfile Corp

Akanda Corp. Signs Share Purchase and Escrow Agreements for the Sale of Portuguese Assets to Somai Pharmaceuticals

London, United Kingdom--(Newsfile Corp. - February 29, 2024) - Akanda Corp. (NASDAQ: AKAN) ("Akanda" or the "Company"), an international medical cannabis company, today announced the signing of a defi...

2 months ago - Newsfile Corp

Akanda Corp. Provides Further Update on Annual Meeting of its Shareholders

London, United Kingdom--(Newsfile Corp. - February 20, 2024) - Akanda Corp. (NASDAQ: AKAN) ("Akanda" or the "Company"), an international medical cannabis company, today announces that it has received ...

3 months ago - Newsfile Corp

Akanda Corp. Provides Update on Annual Meeting of its Shareholders

London, United Kingdom--(Newsfile Corp. - February 20, 2024) - Akanda Corp. (NASDAQ: AKAN) ("Akanda" or the "Company"), an international medical cannabis company, today announces that it has made an a...

3 months ago - Newsfile Corp

Akanda Corp. Discusses Positive Trends in UK Cannabis Market

London, United Kingdom--(Newsfile Corp. - February 13, 2024) - Akanda Corp. (NASDAQ: AKAN) ("Akanda" or the "Company"), provides an overview of the growing cannabis market in the United Kingdom and pr...

3 months ago - Newsfile Corp

Akanda Announces Closing of Registered Direct Offering Priced At-the-Market Under Nasdaq Rules

London, United Kingdom--(Newsfile Corp. - February 2, 2024) - Akanda Corp. (NASDAQ: AKAN) ("Akanda" or the "Company"), an international medical cannabis company, today announced that it has closed its...

3 months ago - Newsfile Corp

Akanda Corp. Provides Update on Scheduling Policy in US Aims to Be Among First International Movers in US Pending Approval

London, United Kingdom--(Newsfile Corp. - February 2, 2024) - Akanda Corp. (NASDAQ: AKAN) ("Akanda" or the "Company"), an international medical cannabis company, today announces it is actively followi...

3 months ago - Newsfile Corp

Akanda Corp. Announces Registered Direct Offering Priced At-the-Market Under Nasdaq Rules

London, United Kingdom--(Newsfile Corp. - February 2, 2024) - Akanda Corp. (NASDAQ: AKAN) ("Akanda" or the "Company"), an international medical cannabis company, today announced that it has entered in...

3 months ago - Newsfile Corp

Akanda Corp. Entered into Non-Binding Letter of Intent for Sale of RPK

London, United Kingdom--(Newsfile Corp. - February 1, 2024) - Akanda Corp. (NASDAQ: AKAN) ("Akanda" or the "Company"), an international medical cannabis company, today announces it has entered into an...

3 months ago - Newsfile Corp

Akanda Receives Additional 180 Day Extension by Nasdaq to Regain Compliance with Minimum Bid Price Rule

London, United Kingdom--(Newsfile Corp. - January 4, 2024) - International medical cannabis platform company Akanda Corp. (NASDAQ: AKAN) ("Akanda" or the "Company") an Ontario company, announced today...

4 months ago - Newsfile Corp

Akanda Corporation Announces CFO Appointment

London, United Kingdom--(Newsfile Corp. - December 11, 2023) - International medical cannabis platform company Akanda Corp. (NASDAQ: AKAN) ("Akanda" or the "Company") an Ontario company, reported that...

5 months ago - Newsfile Corp

Halo Collective Reports Q2 2023 Financial Results and Announces Delisting

Toronto, Ontario--(Newsfile Corp. - August 15, 2023) - Halo Collective Inc. (NEO: HALO) (OTC Pink: HCANF) (FSE: A9K0) ("Halo" or the "Corporation") has reported its financial results for the second qu...

9 months ago - Newsfile Corp