Akanda Corp

Akanda Corp (AKAN) stock is currently trading at $1.07 per share on the NASDAQ exchange. This represents a daily decline of -1.83% ($0.0200) from the previous closing price of $1.09. Over the past 52 weeks, AKAN has traded between a low of $1.00 and a high of $78.90, placing the current price at approximately -99% from its annual high. The stock has a market capitalization of $2.1M, making it a notable cannabis companies tracked by Cannabismarketcap. Akanda Corp operates in the International sector, serving the broader cannabis industry.

Akanda Corp (AKAN) has a current market capitalization of $2.1M, calculated by multiplying its 2.0M shares outstanding by the current stock price of $1.07. Market capitalization is a key measure of a company's total equity value as perceived by the public market, and it places Akanda Corp among the small-cap cannabis companies tracked on Cannabismarketcap. Investors often use market cap alongside revenue and profitability metrics to assess relative valuation within the cannabis sector.

Akanda Corp currently employs approximately 2 people across its operations. As an international cannabis company headquartered in UK, its workforce supports activities spanning related business functions. Employee count is an important indicator of a company's operational scale and its capacity for growth in an industry that remains highly labor-intensive due to regulatory requirements.

Akanda Corp trades under the ticker symbol AKAN on the NASDAQ exchange, and the stock is denominated in US dollars (USD). Shares can typically be purchased through most standard brokerage accounts. The company has been publicly listed since 2022-03-15, giving it a track record in the public markets that investors can analyze for long-term trends. The stock sees average daily trading volume of approximately 85.4K shares, which is an important consideration for liquidity and the ability to enter or exit positions without significant price impact.

Akanda Corp (AKAN) has traded between a 52-week low of $1.00 and a 52-week high of $78.90, with the current price of $1.07 sitting approximately -99% from the annual high. This range represents a spread of $77.90 (7790% from low to high), which reflects the volatility the stock has experienced over the past year. The 52-week range is a commonly used technical indicator that helps investors understand whether a stock is trading near the top or bottom of its recent range, and it can inform decisions about entry and exit points. Cannabis stocks in general tend to exhibit higher volatility than broader market indices due to evolving regulations and market sentiment.

Akanda Corp reports $2.5M in cash and equivalents; total debt is not reported in our data. Balance sheet strength is especially important in the cannabis industry, where companies often face limited access to traditional banking and capital markets. Investors should track these metrics over time on Cannabismarketcap to identify trends in cash consumption and debt management.

Akanda Corp (AKAN) currently has 2.0M shares outstanding, which when multiplied by the current stock price of $1.07 gives the company its market capitalization of $2.1M. Share count is important because all per-share metrics (earnings per share, book value per share, etc.) are directly impacted by changes in shares outstanding. Cannabis companies frequently issue new shares to raise capital, so monitoring dilution trends on Cannabismarketcap is recommended for long-term investors.