Akanda Corp. Announces Strategic Plan to Evaluate and Enter Bitcoin, Blockchain, AI Segments of the Cannabis Market [Yahoo! Finance]
Akanda Corp. (AKAN)
Company Research
Source: Yahoo! Finance
company, announced aspirations to enter technology segments of the cannabis industry. The Company is evaluating potential opportunities to enter Bitcoin, Blockchain, and AI applications in the cannabis industry. The Company believes cryptocurrencies may provide a viable solution to some of the cannabis industry's banking problems. Cryptocurrency enables users to store value, and engage in direct, peer-to-peer transactions with counterparties. Decentralized blockchain technology instead of the traditional financial system support these transactions. With the struggle cannabis operators have to bank traditionally, cryptocurrencies thus present an opportunity for businesses to bank themselves. The cannabis industry has faced further challenges with quality control and its supply chain. Blockchain technology can also help address these needs. One essential component is Certificate of Analysis (COA), which verifies the product's quality, safety, and potency. However, COAs can be vulnerab
Show less
Read more
Impact Snapshot
Event Time:
AKAN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
AKAN alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
AKAN alerts
High impacting Akanda Corp. news events
Weekly update
A roundup of the hottest topics
AKAN
News
- Akanda Announces No Equity Financing Until Further Notice [Yahoo! Finance]Yahoo! Finance
- Akanda Announces Plans to Enter Blockchain and AI Technology Sector [Yahoo! Finance]Yahoo! Finance
- Akanda Looks to Commercialize and Capitalize on Germany's Legalization of Cannabis, Opening Path to $3BN Market [Yahoo! Finance]Yahoo! Finance
- Akanda Corp. Announces Closing of the Sale of RPK [Yahoo! Finance]Yahoo! Finance
- Akanda Corp. Announces Canmart's Plans for Facebook and Instagram Social Shopping Technology Integration [Yahoo! Finance]Yahoo! Finance
AKAN
Sec Filings
- 5/1/24 - Form 20-F
- 4/30/24 - Form NT
- 4/15/24 - Form 6-K
- AKAN's page on the SEC website