Welcome to our dedicated page for AKANDA news (Ticker: AKAN), a resource for investors and traders seeking the latest updates and insights on AKANDA stock.
Akanda Corp. reports corporate and operating developments across its public-company structure, including updates involving First Towers & Fiber Corp., its wholly owned telecommunications infrastructure subsidiary in Mexico. Recent company news centers on dark fiber network leasing, long-term fiber capacity agreements, and expansion of network coverage in Central Mexico.
Akanda news also includes shareholder voting matters, special meeting adjournments, reverse stock splits, convertible-note financing, and other capital-structure actions. The company's historical cannabis operations have included cultivation, manufacturing, and distribution of medical cannabis products, while current updates also reference operating and financial results and clinical or regulatory disclosure categories.
Akanda (NASDAQ: AKAN) received a Nasdaq notice on June 16, 2026 for not meeting Listing Rule 5550(b)(1), which requires at least $2.5 million in stockholders' equity. Akanda reported -$11,990,437 equity as of December 31, 2025. The notice has no immediate effect on listing. Akanda has until July 31, 2026 to submit a compliance plan and may receive up to 180 days from the notice date to regain compliance.
Akanda Corp. (NASDAQ: AKAN) announced it has regained compliance with Nasdaq Listing Rule 5250(c)(1) after filing its delayed Annual Report on Form 20-F for fiscal 2025 with the SEC on June 9, 2026. Nasdaq confirmed on June 10, 2026 that the compliance matter is closed.
Akanda (NASDAQ:AKAN) reported receiving a Nasdaq noncompliance notice for missing the filing deadline of its Form 20-F for the year ended December 31, 2025. The company must submit a compliance plan by July 19, 2026 and could receive up to a 180-day extension, to November 16, 2026. There is currently no immediate impact on listing or trading, but Akanda will appear on Nasdaq’s list of non-compliant companies and carry a non-compliance indicator. Failure to regain compliance would subject its shares to potential delisting.
Akanda Corp (NASDAQ: AKAN) cancelled its special shareholder meeting that was to be held on May 25, 2026.
The meeting, previously adjourned from March 31 and April 27, 2026, cannot proceed because the required quorum of at least two shareholders holding 10% of voting shares is not expected to be met.
Akanda (NASDAQ: AKAN) adjourned its Special Meeting of Shareholders on April 29, 2026, because a quorum was not present and no business was transacted. The meeting will reconvene in person in Toronto on May 25, 2026 at 10:00 a.m. ET. Previously submitted proxies will be voted at the reconvened meeting unless properly revoked. The record date for voting remains February 26, 2026. The company is soliciting additional proxies and will send a notice of adjournment to eligible shareholders; the meeting location and online simulcast URL will remain unchanged.
Akanda Corp (NASDAQ: AKAN) will implement a 1-for-4.5 reverse stock split effective April 13, 2026, with trading on an adjusted basis under the existing ticker AKAN.
The split was approved by shareholders on November 28, 2025 and by the Board on March 23, 2026. New CUSIP 00971M700 and ISIN CA00971M7008. Outstanding shares will fall from ~2.4 million to ~534,400. Fractions will be rounded down; no cash will be paid. Vstock Transfer is exchange agent; articles of amendment will be filed in Ontario before April 13, 2026.
Akanda (NASDAQ: AKAN) adjourned its Special Meeting of Shareholders held March 31, 2026, because a quorum was not present and no business was transacted. The meeting will reconvene in person in Toronto on April 27, 2026 at 10:00 a.m. ET, with the same location and online simulcast URL.
The adjournment lets the company solicit additional proxies; previously submitted proxies remain valid unless properly revoked. The record date for voting remains February 26, 2026. Shareholders are encouraged to vote promptly or contact the company for voting assistance.
Akanda (NASDAQ: AKAN) expanded its Mexican dark fiber network by ~200 kilometres to ~900 kilometres, secured via a long-term IRU expected to generate approximately USD $2.0 million in contracted cash flow over 10 years. The deal includes enterprise customers under a five-year initial lease with a five-year renewal option.
The acquisition targets the Bajío industrial corridor, aims to increase network density and margin leverage, and is described as the first of several proposed bolt-on transactions to scale FTF's high-margin digital infrastructure platform.
First Towers & Fiber Corp. (NASDAQ: AKAN) owns an approximately 700-kilometre dark fiber network in Central Mexico, described as the region's largest. The network serves major industrial corridors and was built under a 20-year lease with Telefónica, which leases two fiber pairs as anchor tenant.
FTF also leases capacity to Marcatel, says the network was designed for scalability and redundancy, and the company plans to pursue additional dark fiber lease agreements beginning in 2026 to increase recurring revenue with limited incremental capital investment.
Akanda (NASDAQ: AKAN) closed a private placement of 12-month convertible promissory notes for an aggregate purchase price of $7.0 million on January 23, 2026. The company said net proceeds will be used for marketing up to $2.3 million, working capital and general corporate purposes ~ $2.6 million, and up to $2.1 million to repay debt. Univest Securities acted as exclusive placement agent and Ruskin Moscou Faltischek served as company counsel. The notes and shares issuable on conversion are unregistered under the Securities Act and may not be offered or sold in the U.S. absent registration or an exemption. Additional transaction details are filed in the company's Form 6-K.