Table of Contents 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, 2022 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 SECT ...

Exhibit 99.1 Akanda Corp. Unaudited Condensed Consolidated Statements of Financial Position (Expressed in US Dollars) June 30, December 31, Note 2022 2021 ASSETS Current Cash $ 3,930,702 $ 3,495,390 Cash held in trust 4 472,512 — Trade and other receivables 5 726,865 242,357 Prepayments 380,837 107,759 Biological assets 198,631 — Inventory 895,774 — Financial asset measured at FVTPL 8 337,145 — Total Current Assets 6,942,466 3,845,506 Non-Current Property, plant and equipment 9 12,608,287 1,897,748 Intangib ...