Akanda Corp (AKAN) has released an update.
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Akanda Corp has reached a settlement with its former CEO Tejinder Virk, putting an end to disputes that arose after Virk’s resignation in early 2023, and clearing the way for the company to concentrate on strategic priorities. CEO Katharyn Field emphasized the settlement will allow the company to focus on growth without distraction. Akanda Corp operates as a medical cannabis and wellness platform, with a UK-based pharmaceutical distributor and plans for THC and CBD facilities in Canada.
For further insights into AKAN stock, check out TipRanks’ Stock Analysis page.
