Akanda Corp Fully Capitalizes on Shelf Registration

Akanda Corp (AKAN) has released an update.

Akanda Corp, an international medical cannabis company, has fully utilized its $5 million Form F-3 shelf registration, raising nearly $4.98 million through public offerings. Interim CEO Katie Field confirmed that the company has reached its funding limit under this registration and plans to file a new registration for future offerings. Akanda is known for its comprehensive seed-to-patient supply chain and is involved in developing THC and CBD facilities in Canada.

For further insights into AKAN stock, check out TipRanks’ Stock Analysis page.