Akanda Corp. (AKAN)

NASDAQ: AKAN · IEX Real-Time Price · USD
0.117
-0.048 (-29.29%)
At close: Mar 28, 2024, 4:00 PM
0.128
+0.011 (9.69%)
After-hours: Mar 28, 2024, 7:59 PM EDT
-29.29%
Market Cap 1.46M
Revenue (ttm) 3.94M
Net Income (ttm) -14.94M
Shares Out 4.03M
EPS (ttm) -4.36
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 78,576,745
Open 0.250
Previous Close 0.165
Day's Range 0.104 - 0.270
52-Week Range 0.104 - 2.700
Beta 1.75
Analysts n/a
Price Target n/a
Earnings Date Apr 30, 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 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. 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 ...

16 hours 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...

18 hours 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...

1 day 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...

3 days 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...

27 days 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...

4 weeks 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 ...

5 weeks 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...

5 weeks 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...

6 weeks 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...

7 weeks 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...

7 weeks 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...

7 weeks 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...

2 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...

3 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...

3 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...

8 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...

8 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...

9 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 ...

10 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....

10 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...

10 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...

11 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...

11 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...

1 year 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