Akanda Corp. (AKAN)

NASDAQ: AKAN · IEX Real-Time Price · USD
0.295
-0.001 (-0.44%)
Feb 27, 2024, 9:30 AM EST - Market open
-0.44%
Market Cap 1.88M
Revenue (ttm) 3.94M
Net Income (ttm) -14.94M
Shares Out 6.47M
EPS (ttm) -4.36
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 6,527
Open 0.295
Previous Close 0.296
Day's Range 0.295 - 0.295
52-Week Range 0.260 - 2.700
Beta n/a
Analysts n/a
Price Target n/a
Earnings Date Mar 12, 2024

About AKAN

Akanda Corp., through its subsidiaries, engages in the cultivation, manufacture, and distribution of cannabis products to patients worldwide. The company operates through Cultivation and Distribution segments. It intends to supply medicinal-grade cannabis and cannabis based medical and wellness products. The company was founded in 2018 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 2022, Akanda's revenue was $2.62 million, an increase of 6223.00% compared to the previous year's $41,431. Losses were -$11.66 million, 43.4% more than in 2021.

Financial Statements

News

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 ...

6 days 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...

7 days 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...

14 days 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...

24 days 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...

24 days 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...

25 days 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...

26 days 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...

7 weeks 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...

2 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...

6 months ago - Newsfile Corp

Halo Collective Provides Fourth Quarter 2022, First Quarter 2023 Financial Results

Toronto, Ontario--(Newsfile Corp. - August 9, 2023) - Halo Collective Inc. (NEO: HALO) (OTC Pink: HCANF) (FSE: A9K0) ("Halo" or the "Corporation"), a leading player in the cannabis industry, has relea...

7 months ago - Newsfile Corp

Akanda Corp. Receives Nasdaq Notification Regarding Minimum Bid Price Deficiency

LONDON--(BUSINESS WIRE)--International medical cannabis platform company Akanda Corp. ("Akanda" or the “Company”) (NASDAQ: AKAN) today announced that the Company has received a written notification (t...

8 months ago - Business Wire

Halo Collective Announces Change of Auditors and Failure to File Cease Trade Order

Toronto, Ontario--(Newsfile Corp. - June 22, 2023) - Halo Collective Inc. (NEO: HALO) (OTCQB: HCANF) (FSE: A9K0) ("Halo" or the "Company") announces today that it has changed its auditor (the "Change ...

8 months ago - Newsfile Corp

Akanda Corp. Announces Termination of Loan Agreement

FRANKFURT, Germany & LONDON--(BUSINESS WIRE)--International Medical Cannabis Company, Akanda Corp. (“Akanda” or the “Company”) (NASDAQ: AKAN, WKN: A3DG83) announces that Akanda and Veridia Canada Ltd....

9 months ago - Business Wire

Halo Collective Provides Update on Status of Financial Statements

Toronto, Ontario--(Newsfile Corp. - May 26, 2023) - Halo Collective Inc. (NEO: HALO) (OTCQB: HCANF) (FSE: A9K0) ("Halo" or the "Corporation") is providing an update to its previously announced managem...

9 months ago - Newsfile Corp

Halo Collective Provides Disclosure on Share Issuances Pursuant to Convertible Loan Facility

Toronto, Ontario--(Newsfile Corp. - May 1, 2023) - Halo Collective Inc. (NEO: HALO) (OTCQB: HCANF) (FSE: A9K0) ("Halo" or the "Company") is providing disclosure regarding recent share issuances to Ree...

10 months ago - Newsfile Corp

Akanda Corp. Announces Loan Agreement

FRANKFURT, Germany & LONDON--(BUSINESS WIRE)--International medical cannabis company Akanda Corp. (“Akanda” or the “Company”) (NASDAQ: AKAN, WKN: A3DG83) announces that it has entered into a loan agre...

10 months ago - Business Wire

Akanda Corporation Has Regained Compliance with NASDAQ's Minimum Bid Price Requirement

LONDON--(BUSINESS WIRE)--International medical cannabis platform company Akanda Corp. ("Akanda" or the “Company”) (NASDAQ: AKAN) an Ontario company, today announced that it received a notification let...

11 months ago - Business Wire

Halo Collective Announces Delay in Filing Audited Annual Financial Statements

Toronto, Ontario--(Newsfile Corp. - March 20, 2023) - Halo Collective Inc. (NEO: HALO) (OTCQB: HCANF) (FSE: A9K0) ("Halo" or the "Corporation") announced today that it does not anticipate being in a p...

1 year ago - Newsfile Corp

Akanda Corporation Announces 1-for-10 Reverse Stock Split

LONDON--(BUSINESS WIRE)--International medical cannabis platform company Akanda Corp. ("Akanda" or the “Company”) (NASDAQ: AKAN) an Ontario company, reported that it expects to implement a 1-for-10 re...

1 year ago - Business Wire

Canmart Ends CEO Service Agreement; Akanda Approves Appointment of Director

LONDON--(BUSINESS WIRE)--International medical cannabis platform company Akanda Corp. (“Akanda” or the “Company”) (NASDAQ: AKAN) today announced its subsidiary Canmart Ltd. brought Tejinder Virk's Ser...

1 year ago - Business Wire

Akanda Corp.'s Chief Executive Officer Submits Resignation

LONDON--(BUSINESS WIRE)--International medical cannabis platform company Akanda Corp. ("Akanda" or the “Company”) (NASDAQ: AKAN) today announced that Tejinder Virk resigned from his position as CEO an...

1 year ago - Business Wire

Akanda Books €1.8M of Revenue in Q4 2022 As German Sales Start

FRANKFURT, Germany & LONDON--(BUSINESS WIRE)--International medical cannabis company Akanda Corp. (“Akanda” or the “Company”) (NASDAQ: AKAN, WKN: A3DG83) today announced that it successfully launche...

1 year ago - Business Wire

Akanda Corp.'s Chief Executive Officer On Paid Leave of Absence

LONDON--(BUSINESS WIRE)--International medical cannabis platform company Akanda Corp. ("Akanda" or the “Company”) (NASDAQ: AKAN) today announced that Chief Executive Officer Tej Virk has been on a p...

1 year ago - Business Wire

Halo Collective Reports Highest Selling Quarter for Budega Retail Locations and Plans to Continue Expansion

TORONTO , Nov. 22, 2022 /PRNewswire/ - Halo Collective Inc. ("Halo" or the "Company") (NEO: HALO) (OTCQB: HCANF) (Germany: A9KN) reports highest selling quarter and continues planned expansion for the...

1 year ago - PRNewsWire