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Akanda shares are trading higher after the company announced its subsidiary, First Towers & Fiber, provided an update on its operational milestones and expansion progress.

Benzinga Newsdesk
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AKAN
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  1. Benzinga Newsdesk

    Akanda Determined That It Was No Longer Going To Pursue The Cultivation Of Cannabis Or Any Future Cannabis-Related Businesses; Going To Focus Its Business Efforts On Growth, Management Of Its First Towers & Fibers Corp. Subsidiary, Potentially Other Business Targets; Declined To Pay Next Option Payment Due Under Its Amended And Restated Option To Purchase Agreement With 1107385 B.C. LTD; Company’s Right To Acquire Or Use The BC Property Under The Option Agreement Has Been Terminated

    On September 24, 2026, the Board of Directors of Akanda Corp. (the "Company") determined that it was no longer going to pursue the cultivation of cannabis or any future cannabis-related businesses, including its

    AKAN