Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
An update from Akanda Corp ( (AKAN) ) is now available.
On August 21, 2025, Akanda Corp. completed a business combination with First Towers & Fiber Corp., making it a wholly owned subsidiary. This transaction involved exchanging First Towers’ shares for Akanda’s convertible special shares, pending shareholder approval, and assuming First Towers’ existing debt. The move strengthens Akanda’s position in telecommunications infrastructure while reaffirming its commitment to its Canadian cannabis development plans.
More about Akanda Corp
Akanda Corp. operates in the telecommunications and cannabis industries, focusing on developing telecommunications infrastructure in Mexico through its subsidiary First Towers & Fiber Corp., and planning to develop THC and CBD facilities on its pre-revenue Canadian farming property in British Columbia.
Average Trading Volume: 213,777
Technical Sentiment Signal: Sell
Current Market Cap: $3M
For detailed information about AKAN stock, go to TipRanks’ Stock Analysis page.