Akanda Corp
As of August 21, 2025, Akanda Corp. was acquired by First Towers & Fiber Corp., in a reverse merger transaction. Akanda Corp., through its subsidiaries, engages in the cultivation, manufacture, and distribution of cannabis-based products. The company was incorporated in 2021 and is headquartered in Toronto, Canada.
Market Cap & Net Worth: Akanda Corp (AKAN)
Akanda Corp (NASDAQ:AKAN) has a market capitalization of $1.69 Million ($1.69 Million) as of March 18, 2026. Listed on the NASDAQ stock exchange, this USA-based company holds position #40671 globally and #13192 in its home market, demonstrating a -4.64% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Akanda Corp's stock price $0.80 by its total outstanding shares 2101526 (2.10 Million).
Akanda Corp Market Cap History: 2022 to 2026
Akanda Corp's market capitalization history from 2022 to 2026. Data shows change from $250.50 Million to $1.69 Million (-90.07% CAGR).
Index Memberships
Akanda Corp is a constituent of 2 market indices:
| Index | Total Market Cap | Weight (%) | Rank by Market Cap |
|---|---|---|---|
|
NASDAQ Health Care
IXHC
|
$2.24 Trillion | 0.00% | #922 of 976 |
|
NASDAQ Composite
IXIC
|
$33.39 Trillion | 0.00% | #2877 of 3165 |
Weight: Akanda Corp's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.
Akanda Corp Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Akanda Corp's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
4.02x
Akanda Corp's market cap is 4.02 times its annual revenue
1.02x
Higher than industry averageLatest Price to Earnings (P/E) Ratio
N/A
P/E ratio not applicable due to negative or zero earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2022 | $250.50 Million | $2.62 Million | -$11.66 Million | 95.62x | N/A |
| 2023 | $74.05 Million | $2.16 Million | -$32.28 Million | 34.28x | N/A |
| 2024 | $3.36 Million | $836.66K | -$4.10 Million | 4.02x | N/A |
Competitor Companies of AKAN by Market Capitalization
Companies near Akanda Corp in the global market cap rankings as of March 18, 2026.
Key companies related to Akanda Corp by market ranking:
- Zoetis Inc (NYSE:ZTS): Ranked #410 globally with a market cap of $53.52 Billion USD.
- Haleon plc (NYSE:HLN): Ranked #434 globally with a market cap of $49.87 Billion USD.
- Takeda Pharmaceutical Co. Ltd. (PINK:TKPHF): Ranked #457 globally with a market cap of $47.47 Billion USD.
- Jiangsu Hengrui Medicine Co Ltd (SHG:600276): Ranked #721 globally with a market cap of $28.19 Billion USD ( CN¥206.84 Billion CNY).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #410 | Zoetis Inc | NYSE:ZTS | $53.52 Billion | $121.68 |
| #434 | Haleon plc | NYSE:HLN | $49.87 Billion | $10.60 |
| #457 | Takeda Pharmaceutical Co. Ltd. | PINK:TKPHF | $47.47 Billion | $30.07 |
| #721 | Jiangsu Hengrui Medicine Co Ltd | SHG:600276 | $28.19 Billion | CN¥55.11 |
Akanda Corp Historical Marketcap From 2022 to 2026
Between 2022 and today, Akanda Corp's market cap moved from $250.50 Million to $ 1.69 Million, with a yearly change of -90.07%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | $1.69 Million | +75.38% |
| 2025 | $961.03K | -71.42% |
| 2024 | $3.36 Million | -95.46% |
| 2023 | $74.05 Million | -70.44% |
| 2022 | $250.50 Million | -- |
End of Day Market Cap According to Different Sources
On Mar 18th, 2026 the market cap of Akanda Corp was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $1.69 Million USD |
| MoneyControl | $1.69 Million USD |
| MarketWatch | $1.69 Million USD |
| marketcap.company | $1.69 Million USD |
| Reuters | $1.69 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.