Akanda Corp (AKAN) has released an update.
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Akanda Corp, an international medical cannabis company, has successfully regained compliance with Nasdaq’s Minimum Bid Price Requirement after its share price consistently closed at $1.00 or higher for 10 consecutive business days. This recovery follows a previous notification of non-compliance from Nasdaq when the company’s share price fell below the required minimum. Akanda’s operations include a UK-based pharmaceutical distributor and plans to develop THC and CBD facilities in Canada.
For further insights into AKAN stock, check out TipRanks’ Stock Analysis page.
