Akanda Corp (AKAN) has released an update.
Akanda Corp is positioning itself to enter the burgeoning German cannabis market, following the country’s legalization of cannabis for personal use, eyeing a market projected to reach nearly $5.8 billion by 2030. The company plans to leverage its expertise in cultivation, production, retail, and dispensaries to capitalize on Germany’s new legislation, which could also influence cannabis policy across Europe. Akanda’s strategic investments and potential acquisitions are aimed at tapping into the anticipated increase in demand for both medical and recreational cannabis in Germany.
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