Akanda Corp

London, United Kingdom Founded: 2021 • Age: 5 yrs
Offers medical wellness cannabis products sourcing and processing services
Annual revenue $836,660 Latest available
Total funding $5.3M 2 rounds
Employees 168 Tracked headcount
Investors - Known backers
Products - Services tracked
Competitors - Brand Intelligence

About Akanda Corp

Akanda Corp is a company based in London (United Kingdom) founded in 2021. Akanda Corp has raised $5.32 million across 2 funding rounds. The company has 168 employees as of April 30, 2022. Akanda Corp has completed 3 acquisitions, including Bophelo, CanMart and Holigen.

  • Headquarter London, United Kingdom
  • Employees 168 as on 30 Apr, 2022
  • Stage Public
  • Sectors
    Consumer
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Consumer → Tobacco, Cannabis & Alternative Products Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $836.66 K (USD)
    97.47
    as on Dec 31, 2024
  • Net Profit
    -$4.29 M (USD)
    86.69
    as on Dec 31, 2024
  • EBITDA
    -$4.24 M (USD)
    -22.95
    as on Dec 31, 2024
  • Total Equity Funding
    $5.32 M (USD)

    in 2 rounds

  • Latest Funding Round
    $708 K (USD), Post-IPO

    Feb 02, 2024

  • Investors
    Not available
  • Employee Count
    168

    as on Apr 30, 2022

  • Investments & Acquisitions
    Bophelo

    & 2 more

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IPO & Listings of Akanda Corp

Akanda Corp is a publicly listed company on the NASDAQ with ticker symbol AKAN in USA, operating in the Process industries sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NASDAQ · Ticker: AKAN · Sector: Process industries · USA

People of Akanda Corp

Headcount 200-500
Employee Profiles 11
Employee Profiles
People
Marisa Crispim
Administrativa
People
Joana Carreto
Head Of Engineering And Q&v
People
Ana Vilhena
Agricultural Engineer
People
Sofia Figueiredo
Regulatory Affairs Assistant

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Funding Insights of Akanda Corp

Akanda Corp has successfully raised a total of $5.32M across 2 strategic funding rounds. The most recent funding activity was a Post-IPO round of $708 thousand completed in February 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investments & Acquisitions by Akanda Corp

Akanda Corp has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Bophelo, CanMart and Holigen.

Investments
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Investment portfolio details for Akanda Corp

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Cannabis-based medicines are supplied by CanMart in the United Kingdom.
Locked Locked 2019 Locked
Medicinal cannabis products are produced by Bophelo in Lesotho.
Locked Locked 2018 Locked
Medicinal cannabis products are cultivated, manufactured, and distributed by Holigen.
Locked Locked 2018 Locked
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Complete acquisition details for Akanda Corp

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Financial Statements - Akanda Corp

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Detailed financials for Akanda Corp

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Akanda Corp Comparisons

Akanda Corp Primary company
Description
Offers medical & wellness cannabis products sourcing and pro...
Location
London, United Kingdom
Founded Year
2021
Annual Revenue
$836.66 K (USD)
Net Profit
-$4.29 M (USD)
EBITDA
-$4.24 M (USD)
Employees
168
As of 2022
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Peer comparison for Akanda Corp

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Competitors of Akanda Corp

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Detailed competitors of Akanda Corp

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Latest news on Akanda Corp

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Frequently Asked Questions about Akanda Corp

Akanda Corp was founded in 2021.

Akanda Corp is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Akanda Corp is a funded company, having raised a total of $5.32M across 2 funding rounds to date.

As of Apr 30, 2022, the latest employee count at Akanda Corp is 168.

Annual revenue of Akanda Corp is $836.66K as on Dec 31, 2024.

Akanda Corp, established in 2021, excels in providing healthcare solutions, and cannabis services. Offers medical wellness cannabis products sourcing and processing services. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide. It continues to evolve, meeting industry challenges with strategic approaches.

Yes, Akanda Corp is publicly traded on NASDAQ under the ticker symbol AKAN.

Akanda Corp has made 3 acquisitions, including Bophelo, CanMart, and Holigen.

The ticker symbol of Akanda Corp is AKAN on NASDAQ.

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