UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF ...

Akanda Corp. Announces Share Exchange Agreement with First Towers and Fiber CorpMarch 10, 2025 4:01 PM EDT | Source: Akanda CorpFirst Towers develops, constructs and owns telecommunications infrastructure in MexicoAkanda Reaffirms its Continued Focus on the Growth of its Pre-Revenue Canadian Farming Property in British Columbia, at which the Company Plans to Develop THC and CBD FacilitiesIntends to Discontinue and Cease its Business of Importing and Distributing Cannabis-Based Products in the ...

Core Points - Akanda Corp. announced a 1-for-2 reverse stock split effective November 14, 2024, which was approved by shareholders on March 22, 2024, and the Board of Directors on October 25, 2024 [1][2] - The reverse stock split will reduce the number of outstanding common shares from approximately 4.1 million to approximately 2.0 million, without altering shareholders' percentage interests, except for fractional shares adjustments [2][3] - Vstock Transfer will act as the exchange agent for the reverse stock split, providing instructions to shareholders regarding the exchange of stock certificates [4] Company Overview - Akanda Corp. is a cannabis cultivation, manufacturing, and distribution company focused on providing premium quality medical cannabis products globally [6] - The company is in an early stage of growth, with a limited operating history and minimal revenues to date, aiming to expand its operations and sales channels in international markets, particularly in the United Kingdom [6]

Akanda Corp. Announces Closing of Underwritten Public OfferingOctober 04, 2024 8:30 AM EDT | Source: Akanda CorpLondon, United Kingdom--(Newsfile Corp. - October 4, 2024) - Akanda Corp. (NASDAQ: AKAN) ("Akanda" or the "Company"), an international medical cannabis company, entered into an underwriting agreement (the "Underwriting Agreement") with Univest Securities, LLC ("Univest") as the underwriter in connection with the issuance and sale by the Company in an underwritten public offering (the ...

Core Points - Akanda Corp. has announced a public offering of 1,500,000 common shares at a price of $1.00 per share, with gross proceeds estimated at approximately $1,500,000 before expenses [2][3] - The offering is expected to close on about October 3, 2024, pending customary closing conditions [3] - The net proceeds will be used for capital expenditures, operating capacity, working capital, potential milestone payments for a Canadian property, general corporate purposes, and refinancing existing debt [3] Company Overview - Akanda Corp. is an international medical cannabis company operating in Europe and North America, focused on cultivating and distributing high-quality medical cannabis and wellness products [5] - The company's mission is to provide safe, reliable, and accessible cannabis products while promoting sustainable business practices [5]

Akanda Corp. Secures Hemp Cultivation License in Canada, Building on Previous Development AgreementSeptember 16, 2024 12:40 PM EDT | Source: Akanda CorpLondon, United Kingdom--(Newsfile Corp. - September 16, 2024) - Akanda Corp. (NASDAQ: AKAN) ("Akanda" or the "Company"), a global cannabis company, is excited to announce that it has obtained a license for hemp cultivation in Canada. This license is directly tied to Akanda's previously announced agreement with 1107385 B.C. LTD, further advancin ...

Akanda (NASDAQ:AKAN) stock is on the rise Friday alongside heavy pre-market trading of the cannabis company’s shares this morning.This has more than 6.8 million shares of AKAN stock changing hands as of this writing. That’s well above the company’s daily average trading volume of about 1.3 million shares. It’s also higher than Akanda’s float of 760,620 units.This increase in trading volume on Friday comes without any clear news from Akanda. That includes no press releases or filings with the Securities and ...

Akanda Corporation Announces Completion of F-3 Shelf Registration StatementJune 14, 2024 9:00 AM EDT | Source: Akanda CorpLondon, United Kingdom--(Newsfile Corp. - June 14, 2024) - Akanda Corp. (NASDAQ: AKAN) ("Akanda" or the "Company"), an international medical cannabis company, today announced that it has successfully completed sales of its securities under its existing Form F-3 shelf registration. The shelf registration statement had a $5 million capacity and allowed the Company to raise ca ...

Akanda Has Regained Compliance with Nasdaq's Minimum Bid Price RequirementJune 12, 2024 2:30 PM EDT | Source: Akanda CorpLondon, United Kingdom--(Newsfile Corp. - June 12, 2024) - Akanda Corp. (NASDAQ: AKAN) ("Akanda" or the "Company"), an international medical cannabis company, today announced that it has received a letter (the "Compliance Notice") from the Listing Qualifications Department of The Nasdaq Stock Market Inc. ("Nasdaq") dated June 7, 2024, informing the Company that it has regain ...

Akanda (NASDAQ:AKAN) stock is rocketing higher on Friday alongside heavy pre-market trading of the cannabis company’s shares.This has more than 6.3 million shares of AKAN stock changing hands as of this writing. That’s a massive increase over its daily average trading volume of about 590,000 shares.While there’s no news from Akanda today, the company did enact a reverse stock split yesterday. That saw it combine shares on a one-for-40 basis. The company enacted this reverse stock split to boost the price of ...