5G dark fiber optic network
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Akanda (AKAN) - Prospectus(update)
2026-03-20 21:17
Toronto, ON M5X 1G5, Canada Tel: +1 (416) 862-7525 (Address, including zip code, and telephone number, including area code, of Registrant's principal executive offices) C T Corporation System 1015 15 Street N.W., Suite 1000 Washington, D.C., 20005 Tel: +1 (866) 925-9916 (Name, address, including zip code, and telephone number, including area code, of agent for service) With copies to: Sharagim Habibi Gowling WLG(Canada) LLP 1600, 421 7 Avenue SW, Calgary Alberta, T2p 4K9, Canada Tel: +1 (403) 298-1000 Union ...
Akanda (AKAN) - Prospectus
2025-09-18 21:30
As filed with the Securities and Exchange Commission on September 18, 2025 Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Akanda Corp. (Exact name of Registrant as specified in its charter) Ontario, Canada 2833 Not Applicable FORM F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classification Code Number) Akanda Corp. c/o Gowling WLG (Canada) LLP 100 King St. ...
Akanda Corp. Announces Share Exchange Agreement with First Towers and Fiber Corp
Newsfile· 2025-03-10 20:01
Core Viewpoint - Akanda Corp. has announced a Share Exchange Agreement with First Towers & Fiber Corp, focusing on expanding its telecommunications infrastructure in Mexico while discontinuing its cannabis distribution business in the UK [2][4][12]. Company Overview - Akanda Corp. is an international cannabis company dedicated to cultivating and distributing high-quality medical cannabis and wellness products [20]. - First Towers specializes in telecommunications infrastructure development in Mexico, operating a 700+ km fiber optic network and focusing on expanding its services to other Latin American countries [6][9]. Transaction Details - The Share Exchange Agreement will result in First Towers shareholders receiving one share of Akanda for every 2.5 shares held, totaling approximately 15.3 million shares, with an additional US$14.1 million payable 18 months post-transaction [4][5]. - Upon closing, First Towers shareholders are expected to own approximately 83.1% of the combined company [5]. Market Opportunity - The telecommunications industry in Latin America is valued at approximately US$81 billion, with Mexico being the second-largest market [7]. - There is a significant demand for new wireless towers in Mexico, with First Towers estimating that several thousand towers are needed to achieve 4G LTE coverage for 96.4% of the population [8][15]. - An estimated 244 million people in Latin America lack internet access, presenting a substantial opportunity for 5G network deployment, projected to develop into a market exceeding US$21 billion annually [10]. Business Strategy - Akanda Corp. plans to focus on the growth of its pre-revenue Canadian farming property in British Columbia, where it intends to develop THC and CBD facilities [13]. - The decision to cease operations in the UK was influenced by challenges in management and the cost-effectiveness of maintaining the business in light of projected revenues [12].