Akanda Corp (AKAN) has released an update.
Akanda Corp., a leading international medical cannabis company, has announced plans to explore the integration of Bitcoin, Blockchain, and AI technologies within the cannabis industry to address banking challenges and supply chain integrity. They are also reinforcing their global cannabis market presence via Canmart, their UK subsidiary, and developing the Gabriola Green Project in Canada. The strategic move aligns with their cash-positive status and aims to capitalize on the growing European medical cannabis market, projected to exceed €550 million in sales by 2023.
For further insights into AKAN stock, check out TipRanks’ Stock Analysis page.