Akanda Corp. (AKAN)

NASDAQ: AKAN · IEX Real-Time Price · USD
0.441
-0.015 (-3.21%)
At close: Dec 29, 2023, 4:00 PM
0.461
+0.021 (4.70%)
After-hours: Dec 29, 2023, 7:35 PM EST
-3.21%
Market Cap 1.50M
Revenue (ttm) 2.62M
Net Income (ttm) -11.66M
Shares Out 3.40M
EPS (ttm) -3.90
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 59,474
Open 0.480
Previous Close 0.455
Day's Range 0.430 - 0.480
52-Week Range 0.398 - 6.350
Beta n/a
Analysts n/a
Price Target n/a
Earnings Date Jan 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 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...

20 days 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...

4 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...

5 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...

6 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 ...

6 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....

7 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...

7 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...

8 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...

8 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...

9 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...

10 months 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...

10 months 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...

11 months 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...

11 months 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...

11 months 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

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...

1 year 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...

1 year 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...

1 year 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...

1 year 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...

1 year 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
1 year 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...

1 year 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...

1 year ago - Business Wire