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Medical Cannabis Co. Akanda Files Confidential IPO Docs

cannamed by cannamed
November 22, 2021
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Medical Cannabis Co. Akanda Files Confidential IPO Docs
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By Sarah Jarvis (November 22, 2021, 4:27 PM EST) — Canadian hashish firm Halo Collective Inc. confirmed Monday that Akanda Corp., a medical hashish firm wherein Halo owns a majority stake, has submitted a confidential draft registration assertion associated to a proposed preliminary public providing.

Akanda — whose portfolio features a Lesotho-based cultivation campus and a U.Okay.-based pharmaceutical distributor — had individually introduced Friday that it submitted its draft registration assertion with the U.S. Securities and Change Fee, noting the worth vary for the proposed providing and the variety of shares it would supply have not but been decided.

“The preliminary public providing is anticipated to happen after the SEC…

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