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
Akanda stopped trying to grow cannabis and is changing its business completely. Now watch if their new tower and fiber company can actually make money.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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