Akanda Extends Option on British Columbia Cannabis Asset

Reuters
2025.10.20 12:02
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Akanda Corporation has extended its option on a British Columbia cannabis asset for two more years, reinforcing its investment in the sector. The company, currently holding a hemp cultivation license, aims to secure a full cultivation license for THC and CBD production at its Gabriola Island facility. The expansion will include milestone payments linked to cultivation and sales, leveraging the region's favorable climate for premium cannabis production.