Akanda Corp. (AKAN)

NASDAQ: AKAN · IEX Real-Time Price · USD
0.324
-0.016 (-4.71%)
Feb 2, 2023, 10:27 AM EST - Market open
-4.71%
Market Cap 11.23M
Revenue (ttm) 41,431
Net Income (ttm) -8.13M
Shares Out 34.04M
EPS (ttm) -0.50
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 2,600,413
Open 0.357
Previous Close 0.340
Day's Range 0.313 - 0.360
52-Week Range 0.124 - 31.000
Beta n/a
Analysts n/a
Price Target n/a
Earnings Date n/a

About AKAN

Akanda Corp., through its subsidiaries, engages in the cultivation, manufacture, and distribution of cannabis products in the United Kingdom, Lesotho, and internationally. It intends to supply 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 107
Stock Exchange NASDAQ
Ticker Symbol AKAN
Full Company Profile

Financial Performance

In 2021, Akanda's revenue was $41,431, an increase of 1909.26% compared to the previous year's $2,062. Losses were -$8.13 million, 253.4% more than in 2020.

Financial Statements

News

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...

3 hours ago - Business Wire

Why Is Akanda (AKAN) Stock Up 31% Today?

Akanda (NASDAQ: AKAN) stock is on the rise Friday as the company's shares continue a rally that started yesterday. That rally was kicked off by an update from the U.S. Food and Drug Administration (F...

6 days ago - InvestorPlace

Why Is Akanda (NASDAQ:AKAN) Stock Up 200% Today?

Shares of cannabis specialist Akanda (NASDAQ: AKAN) skyrocketed 200% this morning before significantly paring back gains. With AKAN stock still up more than 60% this afternoon, though, today's move r...

6 days ago - InvestorPlace

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 month 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...

2 months ago - PRNewsWire

Akanda Targets 10% of German Medical Cannabis Market with its Premium Flower Cultivation Operations in Portugal

LONDON--(BUSINESS WIRE)--Medical cannabis cultivation company Akanda Corp. ("Akanda" or the "Company") (NASDAQ: AKAN) (Frankfurt: Y23) is affirming a shift in strategy to become a significant player...

2 months ago - Business Wire

Akanda Announces Arrival of First Shipment and Sales of Medical Cannabis to Germany

LONDON--(BUSINESS WIRE)--International medical cannabis platform company Akanda Corp. (“Akanda” or the “Company”) (NASDAQ: AKAN) expects to take a leading position in the fast-growing German medical c...

3 months ago - Business Wire

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...

4 months ago - Business Wire

Akanda Plans First Shipment of Medical Cannabis to Germany and Anticipates Leading Market Share Position

LONDON--(BUSINESS WIRE)--International medical cannabis platform company Akanda Corp. ("Akanda" or the “Company”) (NASDAQ: AKAN) expects to take a leading position in the fast-growing German medical c...

4 months ago - Business Wire

Halo Collective Completes Acquisition of Premium Indoor Grow and Distribution Hub in Portland, Oregon

TORONTO , Sept. 22, 2022 /PRNewswire/ - Halo Collective Inc. ("Halo" or the "Company") (NEO: HALO) (OTCQX: HCANF) (Germany: A9KN) today announced, further to its press release dated August 27, 2021, t...

4 months ago - PRNewsWire

Akanda Partners with Cookies to Bring the Iconic Cannabis Brand and High THC Strains to European Consumers for the First Time

LONDON--(BUSINESS WIRE)---- $AKAN #breakingboundaries--International medical cannabis platform company Akanda Corp. ("Akanda" or the “Company”) (NASDAQ: AKAN) today announced an exclusive license agre...

5 months ago - Business Wire

Founder of Aurora Cannabis Terry Booth, Joins Akanda as Chair of Advisory Board

LONDON--(BUSINESS WIRE)--International cannabis company Akanda Corp. ("Akanda" or the “Company”) (NASDAQ: AKAN) today announced that Terry Booth, the founder of Aurora Cannabis Inc. (“Aurora Cannabis”...

Other symbols: ACB
5 months ago - Business Wire

Akanda pivots to German market as cannabis reform gains traction

Akanda Corp. CEO Taj Virk is pivoting the micro-capitalization cannabis company toward the European Union amid rising interest in the sector as German Chancellor Olaf Scholz continues to push for mari...

5 months ago - Market Watch

Akanda Bolsters Leadership Team to Scale Medical Cannabis Platform Across Europe

LONDON--(BUSINESS WIRE)--International medical cannabis platform company Akanda Corp. (“Akanda” or the “Company”) (NASDAQ: AKAN) today announced that it has appointed Tom Flow to the role of Chief Ope...

5 months ago - Business Wire

Halo Collective Reports Second Quarter 2022 Financial Results

All figures in USD unless stated otherwise TORONTO , Aug. 16, 2022 /PRNewswire/ - Halo Collective Inc. ("Halo" or the "Company") (NEO: HALO) (OTCQB: HCANF) (Germany: A9KN) today announces its financia...

6 months ago - PRNewsWire

Halo Collective Appoints Katie Field as Chairman of the Board

TORONTO , Aug. 12, 2022 /PRNewswire/ -  Halo Collective Inc. ("Halo" or the "Company") (NEO: HALO) (OTCQX: HCANF) (Germany: A9KN) today announced the appointment of Katie Field, Chief Executive Office...

6 months ago - PRNewsWire

Halo Collective Receives All Regulatory Approvals for its Third Budega™ Dispensary in Hollywood, Halo's first Superstore

All figures in USD unless stated otherwise TORONTO , Aug. 10, 2022 /PRNewswire/ - Halo Collective Inc. ("Halo" or the "Company") (NEO: HALO) (OTCQX: HCANF) (Germany: A9KN) today announced that its Bud...

6 months ago - PRNewsWire

Akanda to Supply Cansativa with Premium Indoor Cannabis Flower Grown at its Sintra Facility in Portugal

LONDON--(BUSINESS WIRE)--International medical cannabis platform company Akanda Corp. (“Akanda” or the “Company”) (NASDAQ: AKAN) today announced it has signed a multi-year supply agreement with Europe...

6 months ago - Business Wire

Cansativa Group and Akanda Corp. to Bring New Medical Cannabis Flowers to Germany

FRANKFURT AM MAIN & LONDON--(BUSINESS WIRE)--Akanda Corp. ("Akanda") (NASDAQ: AKAN) and Cansativa GmbH (“Cansativa Group”) today jointly announced a new cooperation that will soon allow German pharmac...

6 months ago - Business Wire

Halo Collective Announces Initiatives to Enhance Shareholder Value

All figures in USD unless stated otherwise TORONTO , Aug. 8, 2022 /PRNewswire/ - Halo Collective Inc. ("Halo" or the "Company") (NEO: HALO) (OTCQX: HCANF) (Germany: A9KN) today announced a series of i...

6 months ago - PRNewsWire

Akanda to Contest Unauthorized Liquidation of its Lesotho-Based Subsidiary, Bophelo Bio Science & Wellness (Pty) Ltd.

LONDON--(BUSINESS WIRE)-- #akanda--Akanda Corp. ("Akanda" or the “Company”) (NASDAQ: AKAN), an international medical cannabis platform company, today announced that the High Court of Lesotho (the “Les...

6 months ago - Business Wire

Akanda to Supply Tetra Bio-Pharma with Pharmaceutical-Grade Cannabis for FDA Trials of QIXLEEF™, a Potential Multimillion Dollar Prescription Drug

LONDON & MONTREAL--(BUSINESS WIRE)-- #akanda--Akanda will supply Tetra with pharmaceutical grade cannabis flower in a microdose cap form for global commercialization of Tetra's QIXLEEF.

7 months ago - Business Wire

Halo Collective Promotes Katharyn Field to Chief Executive Officer

Proven Cannabis Executive, with Experience at The Brookings Institution and Bain & Company, to Lead Halo's Streamlined and Retail-Focused Strategy to Drive Near-Term Profitability Cassidy McCord Named...

7 months ago - PRNewsWire

Akanda's CanMart Partners with Phlo Connect and Cellen Life Sciences to Dispense & Deliver High Quality Medical Cannabis Products in the UK

LONDON--(BUSINESS WIRE)-- #akanda--Akanda Corp. ("Akanda" or the “Company”) (NASDAQ: AKAN), an international medical cannabis platform company, today announced that its UK import and distribution whol...

7 months ago - Business Wire

Akanda Announces Changes to Board of Directors and Postponement of Annual General Meeting

TORONTO--(BUSINESS WIRE)--Akanda Corp. ("Akanda" or the "Company") today announced certain changes to its board of directors (the "Board") and the postponement of its annual general meeting of shareho...

7 months ago - Business Wire