{"url_path":"/sec/akan/10-k/2026/cover-page","section_key":"cover-page","section_title":"Cover Page","topic":"sec","document":{"doc_type":"20-F","doc_date":"2026-06-09","source_url":"https://www.sec.gov/Archives/edgar/data/1888014/0001213900-26-066800-index.html","accession_number":"0001213900-26-066800","cik":"0001888014","ticker":"AKAN","issuer_name":"AKANDA CORP.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1888014/0001213900-26-066800-index.html","primary_entity_key":"0001888014","primary_entity_name":"AKANDA CORP."},"word_count":821,"has_tables":true,"body_markdown":"**UNITED STATES**\n\n**SECURITIES AND EXCHANGE COMMISSION**\n\n**WASHINGTON, D.C. 20549**\n\n \n\n**FORM 20-F**\n\n \n\n**(Mark One)**\n\n☐ **REGISTRATION\nSTATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934**\n\n** **\n\n**OR**\n\n \n\n☒ **ANNUAL REPORT\nPURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934**\n\n \n\n**For the fiscal year\nended December 31, 2025**\n\n** **\n\n**OR**\n\n \n\n☐ **TRANSITION REPORT\nPURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934**\n\n \n\n**For the transition period\nfrom                  to**\n\n \n\n**OR**\n\n \n\n☐ **SHELL COMPANY REPORT PURSUANT TO SECTION 13\nOR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934**\n\n \n\n**Date of event requiring this shell company\nreport**\n\n \n\n**Commission file number\n001-41324**\n\n \n\n**AKANDA CORP.**\n\n**(Exact name of Registrant as specified in its\ncharter and translation of Registrant’s name into English)**\n\n \n\n**Canada**\n\n**(Jurisdiction of incorporation or organization)**\n\n \n\n**c/o Gowling WLG (Canada) LLP**\n\n**100 King St. W, Suite 1600**\n\n**Toronto, ON M5X 1G5, Canada**\n\n**Tel: +1 (416) 862-7525**\n\n**(Address of principal executive offices)**\n\n** **\n\n**Katie Field, Interim Chief Executive Officer\nand Director**\n\n**100 King St. W, Suite 1600**\n\n**Toronto, ON M5X 1G5, Canada**\n\n**Phone: +1 (202) 498 7917**\n\n**(Name, Telephone, E-mail and/or Facsimile number\nand Address of Company Contact Person)**\n\n** **\n\n**Securities registered or to be registered pursuant\nto Section 12(b) of the Act.**\n\n \n\n**Title of each class**   **Trading Symbol(s)**   **Name of each exchange on which registered**\n\n**Common Shares**   **AKAN**   **The Nasdaq Capital Market**\n\n \n\nSecurities registered or to be registered pursuant\nto Section 12(g) of the Act. **None**\n\n \n\nSecurities for which there is a reporting obligation\npursuant to Section 15(d) of the Act. **None**\n\n \n\n \n\n \n\n \n\nIndicate the number of outstanding shares of each\nof the issuer’s classes of capital or common stock as of the close of the period covered by the annual report.\n\n \n\n**The number of common shares outstanding as\nof December 31, 2025 was 1,983,546**\n\n \n\nIndicate by check mark if the registrant is a\nwell-known seasoned issuer, as defined in Rule 405 of the Securities Act. ☐ Yes  ☒ No\n\n \n\nIf this report is an annual or transition report,\nindicate by check mark if the registrant is not required to file reports pursuant to Section 13 or 15(d) of the Securities\nExchange Act of 1934. ☐ Yes  ☒ No\n\n \n\nIndicate by check mark whether the registrant\n(1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the\npreceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject\nto such filing requirements for the past 90 days. ☒ Yes  ☐ No\n\n \n\nIndicate by check mark whether\nthe registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation\nS-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required\nto submit such files). ☒ Yes  ☐ No\n\n \n\nIndicate by check mark whether the registrant\nis a large accelerated filer, an accelerated filer, a non-accelerated filer, or an emerging growth company. See definition of “large\naccelerated filer,” “accelerated filer,” and “emerging growth company” in Rule 12b-2 of the Exchange\nAct.\n\n \n\nLarge accelerated filer ☐   Accelerated filer ☐\n\nNon-accelerated filer ☐   Emerging growth company ☒\n\n \n\nIf an emerging growth company that prepares its\nfinancial statements in accordance with U.S. GAAP, indicate by check mark if the registrant has elected not to use the extended transition\nperiod for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange\nAct. ☐\n\n \n\nIndicate by check mark whether the registrant\nhas filed a report on and attestation to its management’s assessment of the effectiveness of its internal control over financial\nreporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that\nprepared or issued its audit report. ☐\n\n \n\nIndicate by check mark which basis of accounting\nthe registrant has used to prepare the financial statements included in this filing:\n\n \n\nU.S. GAAP  ☐\nInternational Financial Reporting Standards as issued\n\nby the International Accounting Standards Board  ☒\nOther  ☐\n\n \n\nIf “Other” has been checked in response\nto the previous question, indicate by check mark which financial statement item the registrant has elected to follow. ☐ Item 17  ☐ Item 18\n\n \n\nIf securities are registered pursuant to Section\n12(b) of the Act, indicate by check mark whether the financial statements of the registrant included in the filing reflect the correction\nof an error to previously issued financial statements. ☐\n\n \n\nIndicate by check mark whether any of those error\ncorrections are restatements that required a recovery analysis of incentive-based compensation received by any of the registrant’s\nexecutive officers during the relevant recovery period pursuant to §240.10D-1(b). ☐\n\n \n\nIf this is an annual report,\nindicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). ☐ Yes  ☒ No\n\n \n\n \n\n \n\n \n\n \n\n \n\n**TABLE OF CONTENTS**\n\n \n\n \n \n**PAGE**\n\n \n \n \n\n**INTRODUCTION**\niii\n\n \n \n \n\n[**PART I**](#a_002)\n \n1"}