Akanda corp. announces share exchange agreement with first towers and fiber corp

First towers develops, constructs and owns telecommunications infrastructure in mexico akanda reaffirms its continued focus on the growth of its pre-revenue canadian farming property in british columbia, at which the company plans to develop thc and cbd facilities intends to discontinue and cease its business of importing and distributing cannabis-based products in the united kingdom through its canmart ltd. subsidiary toronto, ontario--(newsfile corp. - march 10, 2025) - akanda corp. (nasdaq: akan) ("akanda" or the "company") today announced that it entered into a share exchange agreement with first towers & fiber corp., a corporation existing under the laws of the province of british columbia ("first towers"), pursuant to which all of the common shares of first towers (the "exchanged shares") shall be exchanged for either common shares, no par value, of the company (the "purchaser shares"), or cash, and first towers shall continuing as a wholly owned subsidiary of the company (the "transaction").
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