Akanda
Leases dark-fiber and telecommunications-tower infrastructure across Central Mexico.
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Profile
Leases dark-fiber capacity and tower infrastructure in Central Mexico through First Towers & Fiber, generating active revenue from customer leases while maintaining a pre-revenue Canadian cannabis-property option.
Leases dark-fiber capacity and telecommunications towers in Central Mexico through First Towers & Fiber. Revenue comes from fiber capacity and tower equipment or site-space leases, including build-to-suit and shared-infrastructure arrangements that can serve multiple tenants. Development spans Aguascalientes, San Luis Potosi, Jalisco, Guanajuato and Queretaro, building on a regional fiber network and local development relationships.
Maintains a separate pre-revenue option on a Gabriola Island, British Columbia property planned for cannabis cultivation. The formerly operated Portuguese cultivation and UK distribution businesses have been sold or wound up, leaving infrastructure leases as the active revenue business. Fiber and tower deployment depends on permits, rights of way, ground leases, equipment, subcontractors, and Mexican telecommunications, construction, environmental, and zoning requirements; the Canadian initiative requires cannabis-related licences.
Company facts
Categories
Key statistics
Year to date −60.7% · Average volume (30d) 1.2M
Analysts
No analyst consensus on record.
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Jul 30, 2025Q2 FY25 | — | −$41.24 | — | — | — | — | −3.39% |
| Aug 7, 2024Q2 FY24 | — | −$3.55 | — | — | $477.0K | — | −6.06% |
| Aug 7, 2023Q2 FY23 | — | −$72.94 | — | — | $1.4M | — | −0.76% |
| Dec 31, 2021 | — | −$0.97 | — | — | $24.1K | — | — |
Financial highlights
| 12 quarters | Q2 FY23 | Q4 FY23 | Q2 FY24 | Q4 FY24 | Q2 FY25 | Q4 FY25 | |
|---|---|---|---|---|---|---|---|
| Revenue | $1.4M | $762.6K | $477.0K | $359.7K | $0 | $258.1K | |
| Gross profit | −$2.8M | −$824.0K | −$139.2K | $347.6K | −$83.9K | −$903.7K | |
| Operating income | −$5.9M | −$4.2M | −$2.4M | −$2.0M | −$1.5M | −$3.7M | |
| Net income | −$5.9M | −$26.4M | −$2.7M | −$1.4M | −$815.0K | −$44.8M | |
| Diluted EPS | −$7,293.96 | −$1,876,264.00 | −$355.20 | −$49.20 | −$41.24 | −$655.12 | |
| Gross margin | -197.9% | -108.0% | -29.2% | 96.7% | — | -350.2% | |
| Operating margin | -424.3% | -554.7% | -493.2% | -564.3% | — | -1,445.0% |
Balance sheet, Dec 31, 2025Cash & short-term investments $503.6K · Total debt $14.2M · Total assets $6.2M · Shareholders' equity −$10.8M
Dividends
No dividends on record.
Ownership
Shares outstanding 32.4K · Float 32.2K · 99.4% free float
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Jan 16, 2026 | HRT Financial LP | 10 percent owner | −7,868 | $1.29 |
| Jan 15, 2026 | HRT Financial LP | 10 percent owner | +29,036 | $1.40 |
Peers
- American Tower
Named Mexican tower rival with a much larger shared-site platform.
- América Móvil (ADR)
Mexican carrier and fiber incumbent with broad backhaul scale.
- Grupo Televisa (ADR)
Mexican enterprise-fiber provider with carrier network overlap.
- Aurora Cannabis
Canadian medical-cannabis producer for future THC facility overlap.
- Direxion Daily CSI China Internet Index Bull 2X ETF
CBD wellness specialist overlapping future hemp-product plans.
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Akanda | $3.98 | +2.84% | $125.9K | — | — | 0.5 | — |
| American Tower | $176.00 | −0.14% | $82.12B | 24.2 | 26.0 | 7.5 | +4.7% |
| América Móvil (ADR) | $23.43 | +1.01% | $69.56B | 13.2 | 14.1 | 1.2 | +9.8% |
| Grupo Televisa (ADR) | $2.76 | +0.36% | $1.45B | — | 15.4 | 0.4 | +3.6% |
| Aurora Cannabis | $4.01 | +0.25% | $248.4M | — | — | 1.2 | −26.5% |
| Direxion Daily CSI China Internet Index Bull 2X ETF | $21.44 | +0.02% | $161.3M | — | — | — | — |
| Median | 18.7 | 15.4 | 1.2 | +4.1% |







