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Akanda Corporation

Akanda Corporation (AKAN)

0.0891
0.00
(0.00%)
Closed May 09 4:00PM
0.00
0.00
(0.00%)

Professional-Grade Tools, for Individual Investors.

Key stats and details

Current Price
0.0891
Bid
0.085
Ask
0.0851
Volume
-
0.00 Day's Range 0.00
0.0853 52 Week Range 1.22
Market Cap
Previous Close
0.0891
Open
-
Last Trade
Last Trade Time
-
Financial Volume
-
VWAP
-
Average Volume (3m)
9,772,949
Shares Outstanding
3,880,000
Dividend Yield
-
PE Ratio
-0.03
Earnings Per Share (EPS)
-3
Revenue
3.87M
Net Profit
-11.66M

About Akanda Corporation

Akanda Corp is an international medical cannabis company cultivating cannabis of the highest quality at scale, leveraging trusted brands, at a low-cost compared to many of its competitors. The company is building a seed-to-patient supply chain, connecting patients in the UK and Europe with diverse p... Akanda Corp is an international medical cannabis company cultivating cannabis of the highest quality at scale, leveraging trusted brands, at a low-cost compared to many of its competitors. The company is building a seed-to-patient supply chain, connecting patients in the UK and Europe with diverse products including cannabis products cultivated at its competitively advantaged grow operation in the Kingdom of Lesotho and with other trusted third-party brands. Show more

Sector
Pharmaceutical Preparations
Industry
Pharmaceutical Preparations
Website
Headquarters
Toronto, Ontario, Can
Founded
1970
Akanda Corporation is listed in the Pharmaceutical Preparations sector of the NASDAQ with ticker AKAN. The last closing price for Akanda was $0.09. Over the last year, Akanda shares have traded in a share price range of $ 0.0853 to $ 1.22.

Akanda currently has 3,880,000 shares outstanding. The market capitalization of Akanda is $349,200 . Akanda has a price to earnings ratio (PE ratio) of -0.03.

AKAN Latest News

Aptos Declines Ahead of Token Unlock, Hong Kong Nears Approval of Crypto ETFs, and More Updates

Cryptocurrency Aptos’ performance declines ahead of major token release The layer-1 blockchain cryptocurrency Aptos (COIN:APTUSD) underperformed the general cryptocurrency market this week...

Univest Securities, LLC Announces Closing of $5 Million Underwritten Public Offering for its Client Akanda Corp. (NASDAQ: AKAN)

New York, March 27, 2024 (GLOBE NEWSWIRE) -- Univest Securities, LLC (“Univest”), a member of FINRA and SIPC, and a full-service investment bank and securities broker-dealer firm based in New...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
1-0.0153-14.65517241380.10440.1150.08699934160.09294409CS
4-0.0307-25.62604340570.11980.1880.0853212037070.11308919CS
12-0.2029-69.48630136990.2920.3180.085397729490.11965629CS
26-0.3209-78.26829268290.410.710.085347632640.13020269CS
52-0.9709-91.59433962261.061.220.085325055630.1679223CS
156-299.9109-99.97033003100.085323733223.85720158CS
260-299.9109-99.97033003100.085323733223.85720158CS

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AKAN Discussion

View Posts
NomadWarlock49 NomadWarlock49 18 hours ago
Buy Buy Buy Buy! $AKAN get stronger every day, it just the matter of time before it fly! See the this, it will bounce back up again ! Don't miss this chance guys!
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NomadWarlock49 NomadWarlock49 2 days ago
Legit Stock and has a good potential! Im sure $AKAN can make a great comeback 🔥
going to beat other stocks!
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falkus951 falkus951 2 days ago
im in, get it while its still hott!! #AKAN! Nice bottom bouncer play
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falkus951 falkus951 2 days ago
im in, get it while its still hott!! #AKAN! Nice bottom bouncer play
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knrorrel knrorrel 2 days ago
https://stockcharts.com/sc3/ui/?s=AKAN
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knrorrel knrorrel 2 days ago
https://www.stockscores.com/charts/charts/?ticker=akan
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Triple nickle Triple nickle 7 days ago
Hold what ya got tappin it up
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knrorrel knrorrel 7 days ago
After the big drop yesterday and oversold situation - I could have bet that AKAN would go up again today but I am surprised that AKAN is still hovering at 10 cents and not going up, but JAGX is starting to become a monster as it has been going up for days. (at least something)
imho
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knrorrel knrorrel 1 week ago
Very good news and maybe it will continue to go up for the rest of the week
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INV4 INV4 1 week ago
Good morning knrorrel.

The latest news articles (I could find):

========

Akanda Announces Plans to Enter Blockchain and AI Technology Sector

Fri, Apr 12, 2024

London, United Kingdom--(Newsfile Corp. - April 12, 2024) - Akanda Corp. (NASDAQ: AKAN) ("Akanda" or the "Company"), an international medical cannabis company, announces its plans to enter the blockchain and artificial intelligence sector of the cannabis industry.

With an increasingly complex and global supply chain for the international cannabis industry, the Company believes companies and consumers will turn to blockchain and smart contracts to verify the authenticity of genetics, plants, and products alike. There are numerous advantageous applications of this technology such as harnessing blockchain capabilities to certify all clones, or baby plants, with a batch certificate. Cannabis nurseries specialize in plant genetics, producing clones and baby plants and seeds for the purpose of wholesale distribution.

Interim CEO and Director Katie Field commented, "Everyone from consumers, to growers, to manufacturers, to retailers care very much about the stages of production from seed to sale. We believe this technology can be used to verify the authenticity clones and genetic lineage."

The Company believes other applications of blockchain include "track and trace" software for inventory and lab testing results. By utilizing this technology Certificate of Analyses (COAs) will be available at the end customer's fingertips to trace results back to the original laboratory. Blockchain technology provides traceability.

Akanda believes Blockchain solutions will complement the artificial intelligence capability being developed at Canmart. Presently Canmart plans to partner with a platform developed by its directors to make medical cannabis more accessible to UK patients both with social shopping trends and tailored products. Access Kaneh utilizes an AI algorithm that analyzes DNA vis a vis products in the UK market. EndoDNA is a breakthrough test that matches patients with solutions for an individualized wellness journey.

The Company believes there are additional applications of artificial intelligence to augment the cannabis industry. Manufacturers are developing automated processes that allow extraction cycles to be completed with minimal human input or quality control of flower and collect efficiency data from the process as well. Akanda is evaluating less capital intensive applications too such as enhancing consumer education and responsible consumption of the product and a feedback loop to personalize research and development and ultimately strains that are grown locally.

Ms. Field commented, "Akanda is competing in brave new world of global cannabis and we intend to stay at the forefront of it by evaluating the technological solutions that can be leveraged in the business and scaled for our customers and end users. We are excited at the prospect to adopt cutting-edge technology that is a game-changer for companies and consumers alike."

This press release does not constitute an offer to sell or the solicitation of an offer to buy the Company's securities, nor shall there be any sale of such securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction. Any offers, solicitations or offers to buy, or any sales of securities will be made in accordance with the registration requirements of the Securities Act of 1933, as amended.

About Akanda Corp.
Akanda is an international medical cannabis and wellness platform company seeking to help people lead better lives through improved access to high quality and affordable products. Akanda's portfolio includes CanMart, a UK-based fully licensed pharmaceutical importer and distributor which supplies pharmacies and clinics within the UK. The Company's seed-to-patient supply chain also includes partnerships Cellen Life Sciences' Leva Clinic, one of the first fully digital pain clinics in the UK. Akanda also acquired the right to develop a Canadian farming property in British Columbia, including farming land and related operations and licenses. The Company plans to develop THC and cannabinoid (CBD) facilities at this site.

https://finance.yahoo.com/news/akanda-announces-plans-enter-blockchain-150000814.html

========

Akanda Appoints Cooper to the Board of Directors

Fri, Apr 26, 2024

London, United Kingdom--(Newsfile Corp. - April 25, 2024) - Akanda Corp. (NASDAQ: AKAN) ("Akanda" or the "Company"), an international medical cannabis company, Akanda Corp. announces the appointment of Christopher Cooper to its board of directors following the resignation of Harvinder Singh as a director.

Mr. Christopher Cooper has over 20 years of extensive business experience in all facets of corporate development, senior management, finance and operations, in both the private and public sectors. His experience includes spearheading growth strategies, financial reporting, quarterly and annual budgets, overseeing corporate administration, while achieving company objectives and maintaining internal cost controls. Mr. Cooper has been a director of several private and public Company's over the last 20 years. Most recently he was a member of the board of directors of Alpha Lithium Corporation which was acquired by Tecpetrol in October 2023 for approximately CAD$313 million. Mr. Cooper was also a director of Counterpath Corporation, a Nasdaq listed company which was taken over by Alianza, Inc. in March 2021 for USD$25.6 million. He received his Bachelor of Business Administration from Hofstra University and his Master's in Business Administration from Dowling College in New York.

The board would like to thank Mr. Singh for his time with the Company and wish him well in his future endeavors.

About Akanda Corp.
Akanda is an international medical cannabis and wellness platform company seeking to help people lead better lives through improved access to high quality and affordable products. Akanda's portfolio includes CanMart, a UK-based fully licensed pharmaceutical importer and distributor which supplies pharmacies and clinics within the UK. The Company's seed-to-patient supply chain also includes partnerships Cellen Life Sciences' Leva Clinic, one of the first fully digital pain clinics in the UK. Akanda also acquired the right to develop a Canadian farming property in British Columbia, including farming land and related operations and licenses. The Company plans to develop THC and cannabinoid (CBD) facilities at this site.

https://stockhouse.com/news/press-releases/2024/04/25/akanda-appoints-cooper-to-the-board-of-directors

$AKAN
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knrorrel knrorrel 1 week ago
is AKAN - a WEED Stock ?

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knrorrel knrorrel 1 week ago
RUNNING HIGHER / STARTING NOW

WHERE IS THE NEWS LINK ?
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knrorrel knrorrel 1 week ago
LINK TO THEGREAT NEWS PLEASE , TY
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Dell_Griffith Dell_Griffith 1 week ago
Cannabis company exploring crypto as a means of payment. Will likely go nuts on open. Good luck.

P.S. a) I think you knew that already😁 and b) They sure are manipulating the hell out of this pre-market, aren't they? Lol.
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INV4 INV4 1 week ago
What's going on here?

$AKAN
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glenn1919 glenn1919 2 weeks ago
AKAN........................................https://stockcharts.com/h-sc/ui?s=AKAN&p=W&b=5&g=0&id=p86431144783
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The GidDy uP Kid The GidDy uP Kid 2 weeks ago
AKAN .0935… setting uP a daily Bullish Engulfing candle as a nice confirmation to yesterday’s Hammer…
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glenn1919 glenn1919 4 weeks ago
AKAN.........................................................https://stockcharts.com/h-sc/ui?s=AKAN&p=W&b=5&g=0&id=p86431144783
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drumkids drumkids 4 weeks ago
$1.00 bound up it goes green!
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The GidDy uP Kid The GidDy uP Kid 4 weeks ago
AKAN .1237… setting uP a daily Bullish Engulfing candle…
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drumkids drumkids 1 month ago
dollars cometh
https://finance.yahoo.com/news/akanda-corp-announces-canmarts-plans-140000377.html
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drumkids drumkids 1 month ago
This is huge !
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Anite Anite 1 month ago
Few minutes ago
https://finance.yahoo.com/news/akanda-corp-announces-canmarts-plans-140000377.html

London, United Kingdom--(Newsfile Corp. - March 28, 2024) - Akanda Corp. ("Akanda" or the "Company") (NASDAQ: AKAN), an international medical cannabis company,...
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tmonkey tmonkey 2 months ago
pump on----just like clockwork----tmonkey
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tmonkey tmonkey 2 months ago
bt back this scam in .15s---they have run it before and i think they are getting ready for a new pump----tmonkey
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tmonkey tmonkey 2 months ago
Took loss at .27 .
Scam ala halo!!!
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tmonkey tmonkey 3 months ago
got the sub.30s----turn her l,oose!----tmonkey
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The GidDy uP Kid The GidDy uP Kid 3 months ago
AKAN .2910… DoJi follow uP to yesterday’s Inverted Hammer, on the pincher…
https://schrts.co/PCTrjPJa
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The GidDy uP Kid The GidDy uP Kid 3 months ago
GidDy uP AKAN…
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Fredric Fredric 3 months ago
Keeping eye peeled here
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tmonkey tmonkey 3 months ago
got out on the pop-will wait for sub .30s for next meal here-------tmonkey
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tmonkey tmonkey 5 months ago
the old pumps dont happen any more here---ill give it a little more time then dump em----ues to be a flippers dream here---tmonkey
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tmonkey tmonkey 6 months ago
in again under .42 for the next pump--should be soon---tmonkey
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Monksdream Monksdream 6 months ago
AKAN new 52 week low
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investingnotgambling investingnotgambling 6 months ago
I think I have my answer as I see some of my shares have been loaned at a 82.50% interest rate.
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investingnotgambling investingnotgambling 7 months ago
What’s happening here? Shorts in control?
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Scumbag Fraudsters Scumbag Fraudsters 7 months ago
It hasn't rocketed since the scam IPO.
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tmonkey tmonkey 7 months ago
buy when it tanks because it rockets again and again---im not talking weeks -its a day to day t- bone machine-----one day it will stop but so far so good-------tmonkey 12-scammers0-----and counting--ups and dns in ogi doing ok too!-----tmonkey
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Scumbag Fraudsters Scumbag Fraudsters 7 months ago
It's not old geezers, it's 'publicans.

There are plenty of Dems of all ages who want it legalized.
9/21/23

Rep. Jerrold Nadler (D-NY), ranking member of the House Judiciary Committee, refiled the Marijuana Opportunity, Reinvestment and Expungement (MORE) Act on Wednesday. There are 33 initial cosponsors—all Democrats.

The comprehensive legalization legislation has passed the House twice in recent sessions—but this marks the first time it’s being introduced with Republicans in control of the chamber, raising serious questions about whether it will move. The Judiciary Committee, which is the primary panel of jurisdiction, is chaired by anti-cannabis Rep. Jim Jordan (R-OH).

Even the prospects of a modest marijuana banking bill that’s set for committee action in the Senate next week are uncertain in the House under the GOP majority.

https://wp.me/p9eB34-ldg

Look at this shit:
9/21/23

Republican senators, including the lead GOP sponsor of a bipartisan marijuana banking bill, will soon be introducing new legislation to prevent marijuana from being federally legalized by the Food and Drug Administration (FDA) without congressional approval.

The yet-to-be-released bill is being led by Sens. Cynthia Lummis (R-WY) and Steve Daines (R-MT), who is also sponsoring the newly revised Secure and Fair Enforcement Regulation (SAFER) Act that’s set for a Senate Banking Committee markup next week.

The offices of both Lummis and Daines sent out press releases on Wednesday and Thursday emphasizing that the senators do “not support making cannabis legal federally.”

“In the coming days Lummis and Daines will be introducing legislation to ensure marijuana cannot be legalized federally by the FDA without Congressional approval,” it says.

Lummis’s announcement also includes an additional line stating that they “both oppose the legalization of marijuana and believe it is an issue that should be decided at the state level.”

This comes a week after 14 House and Senate Republicans sent a letter to the head of the Drug Enforcement Administration (DEA), imploring the agency to “reject” a recent marijuana rescheduling recommendation from the U.S. Department of Health and Human Services (HHS) and keep cannabis in Schedule I of the Controlled Substances Act (CSA). Neither Daines nor Lummis were listed as signatories on that letter, however.

https://wp.me/p9eB34-ljY
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Scumbag Fraudsters Scumbag Fraudsters 8 months ago
Is that what you call being on a tear?

OGI is down 25% from its high a week ago.

It was a bubble full of hot air. Just like what happened at Akanda the beginning of the month.

AKAN is now down 43% from 11 days ago when it hit $1.05 - suspiciously just enough to keep it on Nasdaq a while longer.

Then it nosedived like it always does.

IMO it's being manipulated - just like its shareholders are.

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tw0122 tw0122 8 months ago
AKAN $1.11 resistance the. AKAN $1.40 next major resistance
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tw0122 tw0122 8 months ago
Nice move from .50 cents last week keep the pump alive
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tmonkey tmonkey 8 months ago
looks like i dumped too early but i have made out on my last 10 trades here--they have fed me for months!!-put this $ and more in OGI which is on a tear also---mentioned ogi here a while back ------tmonkey
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tmonkey tmonkey 8 months ago
dumped last of my 40s today in 6os------10 times i have traded this pig for coin-now i just wait until it comes down again-maybe one day it wont??--tmonkey
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2020Benzo 2020Benzo 8 months ago
Running today
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retired early retired early 8 months ago
Boy this IPO didn't do to well.
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tmonkey tmonkey 8 months ago
Still cooking here and ogi to boot!!
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tmonkey tmonkey 8 months ago
Lobster as big as a dog didn't get high pops but not far off
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tmonkey tmonkey 9 months ago
pot needs the congtess in us to clean out all the old geezers that bl0ck legislation----good entry levels but how long will the wait be----akan in the .30s??-ill probably bite??--who knows what these scammers will pull to squeeze some $ out of this pig------tmonkey
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Scumbag Fraudsters Scumbag Fraudsters 9 months ago
OGI had a good week - don't expect it to last.

AKAN had a good two days, it was all downhill after that.
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