Akanda Corp. (AKAN)Healthcare | Drug Manufacturers - Specialty & Generic | Toronto, Canada | NasdaqCM
3.54 USD
+0.25
(7.599%)
⇧
(April 17, 2026, 4 p.m.
EDT)
After hours: 3.36 -0.18 (-0.179%) ⇩ (April 17, 2026, 7:59 p.m. EDT) Short-term: ★☆☆☆☆ | Long-term: ☆☆☆☆☆ | Dividends: ☆☆☆☆☆ |
Hot Take | April 11, 2026, 1:32 p.m. EDT
Akanda Corp. (AKAN) presents a highly volatile and risky investment opportunity. The recent price history shows a significant decline, with the current price at $0.626, well below the 52-week low of $0.51. The stock has experienced a steep drop, with a 50-day average change of -29.7% and a 200-day average change of -93.4%, indicating a lack of momentum and a bearish trend. The negative profit margins, low return on assets, and negative return on equity further suggest poor financial health. The recent news headlines, including a reverse stock split and strategic moves, may have contributed to the volatility, but they do not provide a clear path to recovery. The stock's low market cap and high debt-to-equity ratio also indicate financial instability. Given the lack of dividends and the overall negative fundamentals, this stock is not suitable for either short-term trading or long-term investment. The forecasting model's prediction of a -60.89% price drop in the next 45 days reinforces the bearish outlook. Investors should avoid this stock unless they are willing to take on significant risk. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.212533 |
| MSTL | 0.277220 |
| AutoETS | 0.295859 |
| AutoARIMA | 0.298973 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 51% |
| H-stat | 3.52 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.524 |
| Excess Kurtosis | -0.77 |
| Attribute | Value |
|---|---|
| Sector | Healthcare |
| Debt to Equity Ratio | 11.851 |
| Revenue per Share | 31.122 |
| Market Cap | 1,891,843 |
| Trailing P/E | 0.01 |
| Beta | 1.73 |
| Profit Margins | -266.31% |
| Website | https://www.akandacorp.com |
| Attribute | Value |
|---|---|
| 52 Week Change | -0.9570117 |
| Address1 | 100 King St. W |
| Address2 | Suite 1600 |
| All Time High | 1,745,495.5 |
| All Time Low | 2.297297 |
| Ask | 3.64 |
| Ask Size | 1 |
| Average Daily Volume10 Day | 50,000 |
| Average Daily Volume3 Month | 186,438 |
| Average Volume | 186,438 |
| Average Volume10Days | 50,000 |
| Beta | 1.73 |
| Bid | 3.34 |
| Bid Size | 1 |
| Book Value | 101.996 |
| City | Toronto |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Country | Canada |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 3.54 |
| Current Ratio | 1.255 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,774,915,200 |
| Day High | 3.5699 |
| Day Low | 3.14 |
| Debt To Equity | 11.851 |
| Display Name | Akanda |
| Ebitda | -3,678,018 |
| Ebitda Margins | 0.0 |
| Enterprise To Ebitda | 0.549 |
| Enterprise To Revenue | -2.412 |
| Enterprise Value | -2,017,902 |
| Eps Trailing Twelve Months | 696.8 |
| Esg Populated | 0 |
| Exchange | NCM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 3.702564 |
| Fifty Day Average Change | -0.16256404 |
| Fifty Day Average Change Percent | -0.043905802 |
| Fifty Two Week Change Percent | -95.70117 |
| Fifty Two Week High | 209.23424 |
| Fifty Two Week High Change | -205.69424 |
| Fifty Two Week High Change Percent | -0.9830812 |
| Fifty Two Week Low | 2.297297 |
| Fifty Two Week Low Change | 1.242703 |
| Fifty Two Week Low Change Percent | 0.54094136 |
| Fifty Two Week Range | 2.297297 - 209.23424 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,647,351,000,000 |
| Float Shares | 32,174 |
| Free Cashflow | -4,874,154 |
| Full Exchange Name | NasdaqCM |
| Gmt Off Set Milliseconds | -14,400,000 |
| Gross Margins | 0.24906 |
| Gross Profits | 208,382 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.0 |
| Held Percent Institutions | 0.01901 |
| Implied Shares Outstanding | 534,419 |
| Industry | Drug Manufacturers - Specialty & Generic |
| Industry Disp | Drug Manufacturers - Specialty & Generic |
| Industry Key | drug-manufacturers-specialty-generic |
| Ipo Expected Date | 2,022-03-15 |
| Language | en-US |
| Last Fiscal Year End | 1,735,603,200 |
| Last Split Date | 1,776,038,400 |
| Last Split Factor | 222:1000 |
| Long Business Summary | As of August 21, 2025, Akanda Corp. was acquired by First Towers & Fiber Corp., in a reverse merger transaction. Akanda Corp., through its subsidiaries, engages in the cultivation, manufacture, and distribution of cannabis-based products. The company was incorporated in 2021 and is headquartered in Toronto, Canada. |
| Long Name | Akanda Corp. |
| Market | us_market |
| Market Cap | 1,891,843 |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1757573328 |
| Most Recent Quarter | 1,751,241,600 |
| Net Income To Common | -2,395,394 |
| Next Fiscal Year End | 1,767,139,200 |
| Non Diluted Market Cap | 1,843,742 |
| Open | 3.27 |
| Operating Cashflow | -1,763,989 |
| Operating Margins | -4.4384203 |
| Payout Ratio | 0.0 |
| Phone | 416 862 7525 |
| Post Market Change | -0.1789999 |
| Post Market Change Percent | -5.056494 |
| Post Market Price | 3.361 |
| Post Market Time | 1,776,470,376 |
| Previous Close | 3.29 |
| Price Hint | 4 |
| Price To Book | 0.03470724 |
| Price To Sales Trailing12 Months | 2.2611742 |
| Profit Margins | -2.66312 |
| Quick Ratio | 0.889 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | 0.25 |
| Regular Market Change Percent | 7.59878 |
| Regular Market Day High | 3.5699 |
| Regular Market Day Low | 3.14 |
| Regular Market Day Range | 3.14 - 3.5699 |
| Regular Market Open | 3.27 |
| Regular Market Previous Close | 3.29 |
| Regular Market Price | 3.54 |
| Regular Market Time | 1,776,456,000 |
| Regular Market Volume | 162,758 |
| Return On Assets | -0.28688 |
| Return On Equity | -0.60863996 |
| Revenue Per Share | 31.122 |
| Sand P52 Week Change | 0.38150132 |
| Sector | Healthcare |
| Sector Disp | Healthcare |
| Sector Key | healthcare |
| Shares Outstanding | 534,418 |
| Shares Percent Shares Out | 0.0461 |
| Shares Short | 24,611 |
| Shares Short Previous Month Date | 1,772,150,400 |
| Shares Short Prior Month | 5,595 |
| Short Name | Akanda Corp. |
| Short Percent Of Float | 0.0461 |
| Short Ratio | 0.3 |
| Source Interval | 15 |
| State | ON |
| Symbol | AKAN |
| Total Cash | 2,523,719 |
| Total Cash Per Share | 77.974 |
| Total Debt | 391,241 |
| Total Revenue | 836,664 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | 696.8 |
| Trailing P E | 0.0050803674 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 39.704063 |
| Two Hundred Day Average Change | -36.164062 |
| Two Hundred Day Average Change Percent | -0.91084033 |
| Type Disp | Equity |
| Volume | 162,758 |
| Website | https://www.akandacorp.com |
| Zip | M5X 1G5 |