Akanda Corp has announced plans to implement another reverse stock split, its second to date, following a non-compliance notice from NASDAQ last week.

  The international medical cannabis company informed investors this week that it expects to push through a 1-40 reverse stock split on its ordinary shares, effective May 23, 2024. This will mark the second time the company has employed such a strategy to bump up its share price in the wake of a non-compliance notice, […]