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Akanda Corp

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What Do They Do?

Leases telecommunications towers and fiber networks, and plans to cultivate cannabis and develop sales channels for medicinal products.

Do Revenues Turn Into Profits?

No. It lost $45.7M in .

Net income,
−17688% of revenue
▲ +1015% (Loss) vs (−$4.1M, −490%)

How Are They Changing?

Added telecom infrastructure The older report described cannabis cultivation, manufacturing, and distribution; the latest also describes tower and fiber leasing and construction, with revenue coming from leasing.

Exited European cannabis operations The older report described UK distribution and Portuguese cannabis cultivation; the latest reports Canmart's shutdown and RPK's sale, ending those operations.

Who Do They Compete With?

Competes with Charlotte’s Web, Cresco Labs, Valens, Aurora Cannabis, Canopy Growth, Aphria, CannTrust Holdings, and Aleafia Health

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