Akanda Corporation Announces $7 Million Convertible Note Offering
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Akanda Corporation (NASDAQ: AKAN) has announced a $7 million private placement of 12-month convertible promissory notes with institutional investors. The funds will be allocated for marketing ($2.3 million), working capital and general corporate purposes ($2.6 million), and debt repayment ($2.1 million). The transaction is expected to close on January 21, 2026, pending customary conditions.
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