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AKAN · NASDAQ · Drug Manufacturers - Specialty & Generic

Akanda (AKAN)

Leases dark-fiber and telecommunications-tower infrastructure across Central Mexico.

$3.18
vs last close+0.12 (+3.92%)
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Akanda Corp.AKAN
Health Care

Leases dark-fiber capacity and tower infrastructure in Central Mexico through First Towers & Fiber, generating active revenue from customer leases while maintaining a pre-revenue Canadian cannabis-property option.

Leases dark-fiber capacity and telecommunications towers in Central Mexico through First Towers & Fiber. Revenue comes from fiber capacity and tower equipment or site-space leases, including build-to-suit and shared-infrastructure arrangements that can serve multiple tenants. Development spans Aguascalientes, San Luis Potosi, Jalisco, Guanajuato and Queretaro, building on a regional fiber network and local development relationships.

Maintains a separate pre-revenue option on a Gabriola Island, British Columbia property planned for cannabis cultivation. The formerly operated Portuguese cultivation and UK distribution businesses have been sold or wound up, leaving infrastructure leases as the active revenue business. Fiber and tower deployment depends on permits, rights of way, ground leases, equipment, subcontractors, and Mexican telecommunications, construction, environmental, and zoning requirements; the Canadian initiative requires cannabis-related licences.

Company facts

CEOKatharyn "Katie" Field
ListedMar 15, 2022
ExchangeNASDAQ
HeadquartersToronto, Canada
CountryUnited Kingdom
Employees8
CIK0001888014
ISINCA00971M7008

Market cap$99.0K
EPS (ttm)−$696.36
P/E (ttm)−0.0044
ROE
P/B
P/S0.3838
Dividend yieldDiv yield
Beta3.31vs XLV 0.39

No analyst consensus on record.

EPSReportedEstimate

Dec '20Sep '21Dec '21Aug '23Aug '24Jul '25
Reported$0.21−$1.67−$0.97−$72.94−$3.55−$41.24
Estimate
Surprise

RevenueReportedEstimate

Dec '20Sep '21Dec '21Aug '23Aug '24Jul '25
Reported$274$13.4K$24.1K$1.4M$477.0K
Estimate
Surprise
Estimate
Reported−$41.24
Estimate
Reported
View details

Current ratio58.10%

ProfitabilityRevenueNet incomeNet margin

Q2 FY22Q4 FY22Q2 FY23Q4 FY23Q2 FY24Q4 FY24Q2 FY25Q4 FY25
Revenue$73.1K$2.5M$1.4M$762.6K$477.0K$359.7K$0$258.1K
Net income−$2.6M−$9.1M−$5.9M−$26.4M−$2.7M−$1.4M−$815.0K−$44.8M
Net margin0.0%0.0%0.0%0.0%0.0%0.0%0.0%

GrowthOperating income

Q2 FY22Q4 FY22Q2 FY23Q4 FY23Q2 FY24Q4 FY24Q2 FY25Q4 FY25
Operating income−$11.0M−$10.4M−$5.9M−$4.2M−$2.4M−$2.0M−$1.5M−$3.7M
YoY growthLoss widenedLoss widenedLoss narrowedLoss narrowedLoss narrowedLoss narrowedLoss narrowedLoss widened

Balance sheet, Dec 31, 2025Cash & short-term investments $503.6K · Total debt $14.2M · Total assets $6.2M · Shareholders' equity −$10.8M

Revenue
$258.1K
Operating income
−$3.7M
Net income
−$44.8M
View details

No dividends on record.

32.4K ADS as of Aug 22, 2026 · holders as of their latest filing

The share count is from the company's Dec 2023 annual report; nothing newer is on file here.

Some positions are filed in underlying shares, not receipts; the ratio is unknown, so no percentage.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
1306077 B.C. Ltd.Strategic
6.17% of class, as filedfiled Jan 9, 2023
HRT Financial LP1Strategic10 percent owner
filed Jan 20, 2026
Halo Collective Inc.Strategic
13.00% of class, as filedfiled Feb 20, 2024
Wilson SuInsider
15.50% of class, as filedfiled Oct 25, 2023
  1. This position is filed in underlying shares, not receipts; the ratio is unknown, so no percentage.

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Jan 16, 2026HRT Financial LP10 percent owner−7,868$1.29
Jan 15, 2026HRT Financial LP10 percent owner+29,036$1.40
View details

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