Akanda net loss widens 667% to $6.25 million in six months ended June 30, 2026; revenue totals $404,394
AKAN•Akanda reported revenue of $404,394 for the six months ended June 30, 2026, compared with none a year earlier, while its net loss widened 667% to $6.25 million.
1. Six-month results
Akanda reported revenue of $404,394 for the six months ended June 30, 2026, versus no revenue a year earlier. Net loss widened to $6.25 million from $815,001, and operating loss widened to $4.82 million from $1.49 million. Cash was $755,238 at June 30, while total liabilities increased to $22.91 million. First Towers expanded its dark fiber network by about 200 km to roughly 900 km across Central Mexico.
