AKAN
HealthcareAkanda Corp.
Drug Manufacturers - Specialty & Generic
$51.58+5.35%
Key events (≥5% daily moves)
Up dayDown day
About This Company
Akanda Corp. is a healthcare company focused on the cannabis industry. It grows, produces, and sells cannabis products, specifically aiming for the medical and wellness markets. The company operates in the United Kingdom, Lesotho, and other international locations, working to supply these specialized cannabis products.
https://www.akandacorp.comKey Statistics
Open$57.72
Day High$78.90
Day Low$44.75
Prev. Close$48.96
52-Week High$209.23
52-Week Low$2.30
Market Cap$1.67M
Volume7.08M
Avg. Volume—
P/E Ratio—
EPS—
Beta1.73
Company Information
Sector
Healthcare
Industry
Drug Manufacturers - Specialty & Generic
Employees
46
Country
GB
IPO Date
2022-03-15
Exchange
NASDAQ
52-Week Range
$2.30
52W Low
$51.58
Current
$209.23
52W High
Catalysts & Risks
Catalysts
- ▲Successful clinical trials or regulatory approvals for new specialty drug formulations or generic equivalents, expanding product pipeline.
- ▲Strategic partnerships or acquisitions that broaden market reach, enhance manufacturing capabilities, or provide access to new intellectual property.
- ▲Increased demand for specific generic or specialty drugs due to market shortages, patent expirations of branded drugs, or favorable healthcare policy changes.
- ▲Improved financial performance driven by cost efficiencies, higher sales volumes, or better pricing power for existing products.
Risks
- ▼Intense competition from larger pharmaceutical companies and other generic manufacturers, leading to price erosion and market share loss.
- ▼Regulatory hurdles, including delays in drug approvals, stricter manufacturing standards, or changes in healthcare reimbursement policies.
- ▼Reliance on a limited number of key products or active pharmaceutical ingredients (APIs), making the company vulnerable to supply chain disruptions or product failures.
- ▼Litigation risks related to patent infringement, product liability, or regulatory non-compliance, which could result in significant financial penalties or operational disruptions.
AI-generated · For informational use only