# EDGAR Filing Document

**Accession Number:** 0001888014
**File Stem:** 0001213900-26-008630
**Filing Date:** 2026-1
**Character Count:** 50369
**Document Hash:** 2a461fb0187b5334c8df865d70e06fe5
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001213900-26-008630.hdr.sgml**: 20260128

**ACCESSION NUMBER**: 0001213900-26-008630

**CONFORMED SUBMISSION TYPE**: F-1/A

**PUBLIC DOCUMENT COUNT**: 3

**FILED AS OF DATE**: 20260128

**DATE AS OF CHANGE**: 20260128

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AKANDA CORP.
- **CENTRAL INDEX KEY:** 0001888014
- **STANDARD INDUSTRIAL CLASSIFICATION:** MEDICINAL CHEMICALS & BOTANICAL PRODUCTS [2833]
- **ORGANIZATION NAME:** 03 Life Sciences
- **EIN:** 000000000
- **STATE OF INCORPORATION:** A6
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** F-1/A
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-292964
- **FILM NUMBER:** 26569700

**BUSINESS ADDRESS:**
- **STREET 1:** 1A, 1B LEAROYD ROAD
- **CITY:** NEW ROMNEY
- **STATE:** X0
- **ZIP:** TN28 8XU
- **BUSINESS PHONE:** 442034889514

**MAIL ADDRESS:**
- **STREET 1:** 77 KING STREET WEST, SUITE 400
- **STREET 2:** C/O DENTONS CANADA LLP
- **CITY:** TORONTO
- **STATE:** A6
- **ZIP:** M5K 0A1

**As filed with the Securities and Exchange Commission on January 28, 2026**

**Registration No. 333-292964**

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**AMENDMENT NO. 1**

**TO**

**FORM F-1**

**REGISTRATION STATEMENT**

**UNDER**

**THE SECURITIES ACT OF 1933**

**Akanda Corp.**

(Exact name of Registrant as specified in its charter)

---

| | | |
|:---|:---|:---|
| **Ontario, Canada** | **2833** | **Not Applicable** |
| (State or other jurisdiction of <br> incorporation or organization) | (Primary Standard Industrial <br> Classification Code Number) | (I.R.S. Employer <br> Identification No.) |

---

**Akanda Corp.**

**c/o Gowling WLG (Canada) LLP**

**100 King St. W, Suite 1600**

**Toronto, ON M5X 1G5, Canada**

**Tel: +1 (416) 862-7525**

(Address, including zip code, and telephone number, including area code, of Registrant's principal executive offices)

**C T Corporation System**

**1015 15<sup>th</sup> Street N.W., Suite 1000**

**Washington, D.C., 20005**

**Tel: +1 (866) 925-9916**

(Name, address, including zip code, and telephone number, including area code, of agent for service)

**With copies to:**

---

| | |
|:---|:---|
| **Stephen E. Fox**<br> **Liam P. Bradley**<br> **Ruskin Moscou Faltischek, PC**<br> **1424 RXR Plaza**<br> **East Tower, 15<sup>th</sup> Floor**<br> **Uniondale, New York 11576**<br> **Tel: +1 (516) 663-6600** | **Sharagim Habibi<br> Gowling WLG(Canada) LLP<br> 1600, 421 7<sup>th</sup> Avenue SW, Calgary<br> Alberta, T2p 4K9, Canada<br> Tel: +1 (403) 298-1000** |

---

Approximate date of commencement of proposed sale to the public: From time to time after this registration statement becomes effective.

If any of the securities being registered on this Form are to be offered on a delayed or continuous basis pursuant to Rule 415 under the Securities Act of 1933, check the following box. ☒

If this Form is filed to register additional securities for an offering pursuant to Rule 462(b) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. ☐

If this Form is a post-effective amendment filed pursuant to Rule 462(c) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. ☐

If this Form is a post-effective amendment filed pursuant to Rule 462(d) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. ☐

Indicate by check mark whether the Registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933.

Emerging Growth Company ☒

If an emerging growth company that prepares its financial statements in accordance with U.S. GAAP, indicate by check mark if the Registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards† provided pursuant to Section 7(a)(2)(B) of the Securities Act. ☐

**The Registrant hereby amends this Registration Statement on such date or dates as may be necessary to delay its effective date until the Registrant shall file a further amendment which specifically states that this Registration Statement shall thereafter become effective in accordance with Section 8(a) of the Securities Act of 1933, as amended, or until the Registration Statement shall become effective on such date as the U.S. Securities and Exchange Commission, acting pursuant to said Section 8(a), may determine.**

† The
term "**new or revised financial accounting standard**" refers to any update issued by the Financial Accounting Standards
Board to its Accounting Standards Codification after April 5, 2012.

**PART II**

**INFORMATION NOT REQUIRED IN PROSPECTUS**

**Item 6. Indemnification of Directors and Officers.**

In accordance with the *Business Corporations Act* (Ontario) and pursuant to the bylaws of the Company (the "**Bylaws**"), subject to certain conditions, the Company shall, to the maximum extent permitted by law, indemnify a director or officer, a former director or officer, or another individual who acts or acted at the Company's request as a director or officer, or an individual acting in a similar capacity, of another entity, against all costs, charges and expenses, including any amount paid to settle an action or satisfy a judgment, reasonably incurred by the individual in respect of any civil, criminal, administrative, investigative or other proceeding in which the individual is involved because of that association with the Company or other entity. We shall advance monies to a director, officer or other individual for costs, charges and expenses reasonably incurred in connection with such a proceeding; provided that such individual shall repay the moneys if the individual does not fulfill the conditions described below or is not successful on the merits in their defense of the action or proceeding. Indemnification is prohibited unless the individual:

● Acted honestly and in good faith with a view to our best interests;

● In the case of a criminal or administration action or proceeding enforced by a monetary penalty, had reasonable grounds to believe the conduct was lawful; and

● Was not judged by a court or other competent authority to have committed any fault or omitted to do anything that the individual ought to have done.

We also entered into indemnification agreements with each of our executive officers and directors. The indemnification agreements provide the indemnitees with contractual rights to indemnification, and expense advancement and reimbursement, to the fullest extent permitted under Ontario law.

**Item 7. Recent Sales of Unregistered Securities.**

Since January 1, 2022, we have issued and sold the securities described below without registering the securities under the Securities Act. The below described securities reflect the number of shares and prices as of the transaction date, and do not reflect any subsequent reverse stock splits.

● On March 14, 2022, the Company issued 69 Common Shares to the Akanda Bokamoso Empowerment Trust. The share based payment to the Akanda Bokamoso Empowerment Trust is a social development initiative of the Company and its beneficiaries are the employees of subsidiaries within the group.

● On March 15, 2022, the Company issued 131 Common Shares to Halo at a price of $50,000 each to settle the principal amount of $6,559,294 plus accrued interest $23,686 owing to Halo in terms of a convertible debenture agreement, which totaled $6,582,980 at the time of conversion. The conversion of the debt owing was triggered by the Company' initial public offering under the terms of the convertible debenture agreement.

● On April 20, 2022, we issued 152 Common Shares as consideration to The Flowr Corporation in connection with the Share Purchase Agreement, dated April 20, 2022, whereby our wholly owned subsidiary, Cannahealth, acquired all of the ordinary shares of Holigen Limited. The Common Shares were issued pursuant to Regulation S of the Securities Act.

● On October 26, 2022, we issued 48 restricted stock units to our former CEO, Tejinder Virk. The units were issued pursuant to our 2021 Equity Incentive Plan and vested immediately.

● On November 1, 2022, we issued 17 restricted stock units to Dr. Akkar-Schenki in connection with her resignation as President of the Company. The units were issued pursuant to our 2021 Equity Incentive Plan and vested immediately.

● On August 14, 2023, we issued 465 Common Shares to Halo in full satisfaction of the remaining outstanding balance of a promissory note payable to Halo;

● On October 11, 2023, we issued 704 Common Shares to 1107385 B.C. Ltd. as the first option payment pursuant to the Amended and Restated Option to Purchase Agreement dated September 22, 2023. The agreement is in connection to our acquisition of the right to develop a Canadian farming property in British Columbia, including farming land and related operations and licenses.

● In May 2024, we issued an aggregate of 12,050 Common Shares to certain of our consultants for services rendered.

● In September 2025, we issued an aggregate of 28,986 Class A Special Common Shares to the former shareholders of First Towers.

● In November 2025, we issued an aggregate of 955,194 Class B Special Common Shares to the former shareholders of First Towers and 146,476 Class B Special Common Shares to the former holders of certain First Towers' debts. We additionally authorized the issuance, from time to time in accordance with the terms of 6-year convertible promissory notes, of up to 5,460,000 Common Shares, which is the maximum number of shares issuable upon the conversion of $4,909,995.28 of principal, plus interest under the convertible promissory notes.

● Between September 29, 2025 and January 20, 2026, we issued an aggregate of approximately 2,259,322 Common Shares upon the conversion of unsecured convertible promissory notes issued on September 12, 2025, to institutional accredited investors.

The issuances of the above securities were deemed to be exempt from registration under the Securities Act in reliance upon Section 4(a)(2) of the Securities Act or Regulation D promulgated thereunder, as transactions by an issuer not involving any public offering, or were issued in reliance upon Regulation S of the Securities Act, to an investor who is an "accredited investor," as such term is defined in Rule 501(a) under the Securities Act, in an offshore transaction (as defined in Rule 902 under Regulation S of the Securities Act), based upon representations made by such investor.

**Item 8. Exhibits and Financial Statements Schedule**

(10) The following exhibits are filed as part of this Registration Statement and are numbered in accordance with Item 601 of Regulation S-K:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | | **Incorporated by Reference** | **Incorporated by Reference** | **Incorporated by Reference** | **Incorporated by Reference** |
| <br>**Exhibit** | <br>**Description** | **Schedule/ <br> Form** | **File <br> Number** | **Exhibit** | **File Date** |
| 2.1 | [Share Exchange Agreement dated as of March 5, 2025, among Akanda Corp., First Towers & Fiber Corp., and the other signatories thereto](http://www.sec.gov/Archives/edgar/data/1888014/000121390025022449/ea023385101ex99-1_akanda.htm) | 6-K | 001-41324 | 99.1 | 3/10/25 |
| 2.2 | [Second Amendment to Share Exchange Agreement dated as of August 19, 2025, between Akanda Corp. and First Towers & Fiber Corp., individually and on behalf of its shareholders](http://www.sec.gov/Archives/edgar/data/1888014/000121390025079913/ea025396301ex10-1_akanda.htm) | 6-K | 001-41324 | 10.1 | 8/22/25 |
| 3.1 | [Articles of Incorporation of Akanda Corp., dated July 16, 2021.](http://www.sec.gov/Archives/edgar/data/1888014/000110465922009804/tm2129724d4_ex3-1.htm) | F-1 | 001-41324 | 3.1 | 2/14/22 |
| 3.2 | [Articles of Amendment of Akanda Corp., dated August 30, 2021.](http://www.sec.gov/Archives/edgar/data/1888014/000110465922009804/tm2129724d4_ex3-2.htm) | F-1 | 001-41324 | 3.2 | 2/14/22 |
| 3.3 | [Articles of Amendment of Akanda Corp., dated March 8, 2023.](http://www.sec.gov/Archives/edgar/data/1888014/000110465923030017/tm238940d1_ex99-2.htm) | 6-K | 000-41324 | 99.2 | 3/8/23 |
| 3.4 | [Articles and Certificate of Amendment of Akanda Corp. dated May 23, 2024](http://www.sec.gov/Archives/edgar/data/1888014/000121390024046137/ea020671201ex99-2_akanda.htm) | 6-K | 001-41324 | 99.2 | 5/23/24 |
| 3.5 | [Articles and Certificate of Amendment of Akanda Corp. dated August 22, 2025](https://www.sec.gov/Archives/edgar/data/1888014/000121390025079602/ea025421201ex99-2_akanda.htm) | 6-K | 001-41324 | 99.2 | 8/22/25 |
| 3.6 | [Bylaws of Akanda Corp., dated July 16, 2021.](http://www.sec.gov/Archives/edgar/data/1888014/000110465922009804/tm2129724d4_ex3-3.htm) | F-1 | 001-41324 | 3.3 | 2/14/22 |
| 5.1# | [Opinion of Gowling WLG (Canada) LLP](https://www.sec.gov/Archives/edgar/data/1888014/000121390026007796/ea027381001ex5-1_akanda.htm) |  |  |  |  |
| 8.1# | [Opinion of Gowling WLG (Canada) LLP as to Canadian tax matters (included in Exhibit 5.1)](https://www.sec.gov/Archives/edgar/data/1888014/000121390026007796/ea027381001ex5-1_akanda.htm) |  |  |  |  |
| 10.1+ | [Stock Option Plan of Akanda Corp.](http://www.sec.gov/Archives/edgar/data/1888014/000110465922009804/tm2129724d4_ex10-1.htm) | F-1 | 001-41324 | 10.1 | 2/14/22 |
| 10.2+ | [Form of Indemnity Agreement with directors and executive officers.](http://www.sec.gov/Archives/edgar/data/1888014/000110465922009804/tm2129724d4_ex10-8.htm) | F-1 | 001-41324 | 10.8 | 2/14/22 |
| 10.3 | [Lock Up Agreement with Chris Cooper](https://www.sec.gov/Archives/edgar/data/1888014/000121390025089085/ea025693201ex10-3_akanda.htm) | F-1 | 333-290367 | 10.3 | 9/18/25 |
| 10.4 | [Lock Up Agreement with Francisco Juarez](https://www.sec.gov/Archives/edgar/data/1888014/000121390025089085/ea025693201ex10-4_akanda.htm) | F-1 | 333-290367 | 10.4 | 9/18/25 |
| 10.5 | [Non-Competition Agreement dated April 21, 2022.](http://www.sec.gov/Archives/edgar/data/1888014/000110465922050522/tm2213618d1_ex10-3.htm) | 6-K | 001-41324 | 10.3 | 4/27/22 |
| 10.6 | [Form of Independent Contractor Agreement between Akanda Corp. and Kiranjit Sidhu](http://www.sec.gov/Archives/edgar/data/1888014/000121390024015225/ff12024ex10-21_akandacorp.htm) | F-1 | 333-277182 | 10.21 | 2/20/24 |
| 10.7 | [Consulting Agreement with IR Agency LLC](http://www.sec.gov/Archives/edgar/data/1888014/000121390024026766/ea020275101ex10-1_akanda.htm) | 6-K | 001-41324 | 10.1 | 3/28/24 |
| 10.8+ | [2024 Equity Incentive Plan](http://www.sec.gov/Archives/edgar/data/1888014/000121390024038353/ea020418901ex4-31_akanda.htm) | 20-F | 001-41325 | 4.31 | 5/1/24 |
| 10.9 | [Form of Securities Purchase Agreement](http://www.sec.gov/Archives/edgar/data/1888014/000121390024045072/ea020652901ex1-1_akanda.htm) | 6-K | 001-41325 | 1.1 | 5/20/24 |
| 10.10 | [Registration Rights Agreement dated August 19, 2025](http://www.sec.gov/Archives/edgar/data/1888014/000121390025079913/ea025396301ex10-2_akanda.htm) | 6-K | 001-41324 | 10.2 | 8/22/25 |
| 10.11 | [Debt Settlement Agreement with PGC Finco Inc.](http://www.sec.gov/Archives/edgar/data/1888014/000121390025079913/ea025396301ex10-3_akanda.htm) | 6-K | 001-41324 | 10.3 | 8/22/25 |
| 10.12 | [Debt Settlement Agreement with Dunstan Holdings Ltd.](http://www.sec.gov/Archives/edgar/data/1888014/000121390025079913/ea025396301ex10-4_akanda.htm) | 6-K | 001-41324 | 10.4 | 8/22/25 |
| 10.13 | [Convertible Promissory Note with PGC Finco Inc.](http://www.sec.gov/Archives/edgar/data/1888014/000121390025079913/ea025396301ex10-5_akanda.htm) | 6-K | 001-41324 | 10.5 | 8/22/25 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | | **Incorporated by Reference** | **Incorporated by Reference** | **Incorporated by Reference** | **Incorporated by Reference** |
| <br>**Exhibit** | <br>**Description** | **Schedule/ <br> Form** | **File <br> Number** | **Exhibit** | **File Date** |
| 10.14 | [Convertible Promissory Note with Dunstan Holdings Ltd.](http://www.sec.gov/Archives/edgar/data/1888014/000121390025079913/ea025396301ex10-6_akanda.htm) | 6-K | 001-41324 | 10.6 | 8/22/25 |
| 10.15 | [Promissory Note with 1353744 B.C. Ltd.](http://www.sec.gov/Archives/edgar/data/1888014/000121390025079913/ea025396301ex10-7_akanda.htm) | 6-K | 001-41324 | 10.7 | 8/22/25 |
| 10.16 | [General Security Agreement in favor of 1353744 B.C. Ltd.](http://www.sec.gov/Archives/edgar/data/1888014/000121390025079913/ea025396301ex10-8_akanda.htm) | 6-K | 001-41324 | 10.8 | 8/22/25 |
| 10.17 | [Form of Securities Purchase Agreement dated September 11, 2025](http://www.sec.gov/Archives/edgar/data/1888014/000121390025088204/ea025731701ex10-1_akanda.htm) | 6-K | 001-41324 | 10.1 | 9/16/25 |
| 10.18 | [Form of Convertible Promissory Note](http://www.sec.gov/Archives/edgar/data/1888014/000121390025088204/ea025731701ex10-2_akanda.htm) | 6-K | 001-41324 | 10.2 | 9/16/25 |
| 10.19 | [Form of Registration Rights Agreement](http://www.sec.gov/Archives/edgar/data/1888014/000121390025088204/ea025731701ex10-3_akanda.htm) | 6-K | 001-41324 | 10.3 | 9/16/25 |
| 10.20 | [Form of Securities Purchase Agreement dated January 20, 2026](https://www.sec.gov/Archives/edgar/data/1888014/000121390026005399/ea027331301ex10-1_akanda.htm) | 6-K | 001-41324 | 10.1 | 1/20/26 |
| 10.21 | [Form of Convertible Promissory Note](https://www.sec.gov/Archives/edgar/data/1888014/000121390026005399/ea027331301ex10-2_akanda.htm) | 6-K | 001-41324 | 10.2 | 1/20/26 |
| 10.22 | [Form of Registration Rights Agreement](https://www.sec.gov/Archives/edgar/data/1888014/000121390026005399/ea027331301ex10-3_akanda.htm) | 6-K | 001-41324 | 10.3 | 1/20/26 |
| 10.23\* | [Consulting Agreement, effective February 1, 2026, between IR Agency LLC and Akanda Corp.](ea027435701ex10-23_akanda.htm) |  |  |  |  |
| 14.1 | [Code of Business Conduct and Ethics of Akanda Corp.](http://www.sec.gov/Archives/edgar/data/1888014/000110465922009804/tm2129724d4_ex14-1.htm) | F-1 | 001-41324 | 14.1 | 2/14/22 |
| 14.2 | [Whistleblower Policy of Akanda Corp.](http://www.sec.gov/Archives/edgar/data/1888014/000110465922009804/tm2129724d4_ex14-2.htm) | F-1 | 001-41324 | 14.2 | 2/14/22 |
| 14.3 | [Related Party Transactions Policy of Akanda Corp.](http://www.sec.gov/Archives/edgar/data/1888014/000110465922009804/tm2129724d4_ex14-3.htm) | F-1 | 001-41324 | 14.3 | 2/14/22 |
| 21.1 | [List of Significant Subsidiaries of Akanda Corp.](https://www.sec.gov/Archives/edgar/data/1888014/000121390025089085/ea025693201ex21-1_akanda.htm) | F-1 | 333-290367 | 21.1 | 9/18/25 |
| 23.1# | [Consent of Gowling WLG (Canada) LLP (included in Exhibit 5.1).](https://www.sec.gov/Archives/edgar/data/1888014/000121390026007796/ea027381001ex5-1_akanda.htm) |  |  |  |  |
| 23.2# | [Consent of Green Growth CPAs, independent registered public accounting firm.](https://www.sec.gov/Archives/edgar/data/1888014/000121390026007796/ea027381001ex23-2_akanda.htm) |  |  |  |  |
| 23.3# | [Consent of Bush & Associates CPA LLC Consent of Green Growth CPAs, independent registered public accounting firm](https://www.sec.gov/Archives/edgar/data/1888014/000121390026007796/ea027381001ex23-3_akanda.htm) |  |  |  |  |
| 24.1# | [Power of Attorney (included on the signature page to this registration statement)](#s_001) |  |  |  |  |
| 101.INS# | Inline XBRL Instance Document. |  |  |  |  |
| 101.CAL# | Inline XBRL Taxonomy Extension Calculation Linkbase Document. |  |  |  |  |
| 101.SCH# | Inline XBRL Taxonomy Extension Schema Document. |  |  |  |  |
| 101.DEF# | Inline XBRL Taxonomy Extension Definition Linkbase Document. |  |  |  |  |
| 101.LAB# | Inline XBRL Taxonomy Extension Labels Linkbase Document. |  |  |  |  |
| 101.PRE# | Inline XBRL Taxonomy Extension Presentation Linkbase Document. |  |  |  |  |
| 104# | Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101). |  |  |  |  |
| 107# | [Filing Fee Table](https://www.sec.gov/Archives/edgar/data/1888014/000121390026007796/ea027381001ex-fee_akanda.htm) |  |  |  |  |

---

+ Indicates management contract or compensatory plan. <br> \* Filed herewith. <br> # Previously filed.

**Item 9. Undertakings.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) The undersigned hereby undertakes:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) to file, during any period in which offers or sales are being made, a post-effective amendment to this registration statement:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) to include any prospectus required by Section 10(a)(3) of the Securities Act;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) to reflect in the prospectus any facts or events arising after the effective date of the registration statement (or the most recent post-effective amendment thereof) that, individually or in the aggregate, represent a fundamental change in the information set forth in the registration statement. Notwithstanding the foregoing, any increase or decrease in volume of securities offered (if the total dollar value of securities offered would not exceed that which was registered) and any deviation from the low or high end of the estimated maximum offering range may be reflected in the form of prospectus filed with the SEC pursuant to Rule 424(b) if, in the aggregate, the changes in volume and price represent no more than 20 percent change in the maximum aggregate offering price set forth in the "Calculation of Registration Fee" table in the effective registration statement; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) to include any material information with respect to the plan of distribution not previously disclosed in the registration statement or any material change to such information in the registration statement;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) that for the purpose of determining any liability under the Securities Act, each post-effective amendment that contains a form of prospectus shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) to remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination of the offering;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4) to file a post-effective amendment to the registration statement to include any financial statements required by "Item 8.A. of Form 20-F" at the start of any delayed offering or throughout a continuous offering. Financial statements and information otherwise required by Section 10(a)(3) of the Securities Act need not be furnished; provided, that the registrant includes in the prospectus, by means of a post-effective amendment, financial statements required pursuant to this paragraph and other information necessary to ensure that all other information in the prospectus is at least as current as the date of those financial statements; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5) that, for the purpose of determining liability under the Securities Act to any purchaser:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) if the registrant is relying on Rule 430B:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(A) each prospectus filed by the registrant pursuant to Rule 424(b)(3) shall be deemed to be part of the registration statement as of the date the filed prospectus was deemed part of and included in the registration statement; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(B) each prospectus required to be filed pursuant to Rule 424(b)(2), (b)(5), or (b)(7) as part of a registration statement in reliance on Rule 430B relating to an offering made pursuant to Rule 415(a)(1)(i), (vii), or (x) for the purpose of providing the information required by section 10(a) of the Securities Act shall be deemed to be part of and included in the registration statement as of the earlier of the date such form of prospectus is first used after effectiveness or the date of the first contract of sale of securities in the offering described in the prospectus. As provided in Rule 430B, for liability purposes of the issuer and any person that is at that date an underwriter, such date shall be deemed to be a new effective date of the registration statement relating to the securities in the registration statement to which that prospectus relates, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof; provided, however, that no statement made in a registration statement or prospectus that is part of the registration statement or made in a document incorporated or deemed incorporated by reference into the registration statement or prospectus that is part of the registration statement will, as to a purchaser with a time of contract of sale prior to such effective date, supersede or modify any statement that was made in the registration statement or prospectus that was part of the registration statement or made in any such document immediately prior to such effective date; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) if the registrant is subject to Rule 430C, each prospectus filed pursuant to Rule 424(b) as part of a registration statement relating to an offering, other than registration statements relying on Rule 430B or other than prospectuses filed in reliance on Rule 430A, shall be deemed to be part of and included in the registration statement as of the date it is first used after effectiveness; provided, however, that no statement made in a registration statement or prospectus that is part of the registration statement or made in a document incorporated or deemed incorporated by reference into the registration statement or prospectus that is part of the registration statement will, as to a purchaser with a time of contract of sale prior to such first use, supersede or modify any statement that was made in the registration statement or prospectus that was part of the registration statement or made in any such document immediately prior to such date of first use.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Insofar as indemnification for liabilities arising under the Securities Act may be permitted to directors, officers and controlling persons of the registrant pursuant to the foregoing provisions, or otherwise, the registrant has been advised that in the opinion of the SEC such indemnification is against public policy as expressed in the Securities Act and is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the registrant of expenses incurred or paid by a director, officer or controlling person of the registrant in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the registrant will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Securities Act and will be governed by the final adjudication of such issue.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) The undersigned hereby undertakes:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) that for purposes of determining any liability under the Securities Act, the information omitted from the form of prospectus filed as part of this registration statement in reliance upon Rule 430A and contained in a form of prospectus filed by the registrant pursuant to Rule 424(b)(1) or (4) or 497(h) under the Securities Act shall be deemed to be part of this registration statement as of the time it was declared effective; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) for the purpose of determining any liability under the Securities Act, each post-effective amendment that contains a form of prospectus shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.

**SIGNATURES**

Pursuant to the requirements of the Securities Act of 1933, as amended, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form F-1 and has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the city of Boca Raton, FL, USA on January 28, 2026.

**Akanda Corp.**

---

| | | |
|:---|:---|:---|
| By: | /s/ Katie Field | /s/ Katie Field |
|  | Name: | Katie Field |
|  | Title: | Interim Chief Executive Officer and<br> Executive Director |

---

Pursuant to the requirements of the Securities Act of 1933, as amended, this registration statement has been signed by the following persons in the capacities and on the dates indicated.

---

| | | |
|:---|:---|:---|
| \* | \* | Date: January 28, 2026 |
| Name: | Katie Field |  |
| Title: | Interim Chief Executive Officer <br> and Executive Director |  |
|  | (*Principal Executive Officer*) |  |
| \* | \* | Date: January 28, 2026 |
| Name: | Gurcharn Deol |  |
| Title: | Chief Financial Officer |  |
|  | (*Principal Financial Officer and Principal Accounting Officer*) |  |
| \* | \* | Date: January 28, 2026 |
| Name: | Christopher Cooper |  |
| Title: | Director |  |
| \* | \* | Date: January 28, 2026 |
| Name: | Jatinder Dhaliwal |  |
| Title: | Director |  |
| \* | \* | Date: January 28, 2026 |
| Name: | David Jenkins |  |
| Title: | Director |  |
| \* | \* | Date: January 28, 2026 |
| Name: | Usama Chaudhry |  |
| Title: | Director |  |

---

\* Katie Field, pursuant to Powers of Attorney (executed by each of the officers and directors listed above and indicated as signed above, and filed with the Securities and Exchange Commission), by signing her name hereto does hereby sign and execute this Amendment to the Registration Statement on behalf of each of the persons referenced above.

---

| | |
|:---|:---|
| /s/ Katie Field | Date: January 28, 2026 |
| Katie Field, Attorney-in-fact |  |

---

**Signature of Authorized U.S. Representative of Registrant**

Pursuant to the requirements of the Securities Act of 1933, as amended, the undersigned, the duly authorized representative in the United States of Akanda Corp., has signed this registration statement in the city of Boca Raton, FL, USA, on January 28, 2026.

**Authorized U.S. Representative**

---

| | | |
|:---|:---|:---|
| By: | /s/ Katie Field | /s/ Katie Field |
|  | Name: | Katie Field |

---

## Exhibit 10.23

**Exhibit 10.23**

**<u>CONSULTING AGREEMENT</u>**

IR Agency LLC (the "Consultant" or "IR Agency") is pleased to provide certain consulting services to Akanda Corp ("you," "Client" or "Company") as more fully described in this agreement (the "Agreement"). This Agreement sets forth the terms and conditions pursuant to which Company engages Consultant to provide such services.

1. **Consulting Services.** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Commencing on 02/01/2026, Consultant will provide marketing and advertising services ("Advertising"
or "Services") to communicate information about the Company (trading symbol: AKAN to the financial community including, but
not limited to, creating company profiles, media distribution and building a digital community with respect to the Company.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Consultant does not make any representation about and assumes no responsibility for the response by the
market, if any, to the public release of Advertising for the Company. For avoidance of doubt, Client acknowledges that Consultant assumes
no responsibility for and does not make any representation, guarantee or promise that in response to the public release of Advertising
for the Company, the trading volume will increase or the trading price of **[AKAN]** will rise, or in the event of a increase in trading
volume or rise in price, the amount or duration of any such increase in trading volume or rise in price

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) Client acknowledges that Consultant carries no professional licenses. Consultant will not participate
in discussions or negotiations with potential investors. Consultant will not solicit orders, make recommendations or give investment advice.
Consultant will not effect transactions of securities for potential investors or anyone else. Consultant and Client agree that Consultant
is not being engaged for, and is not permitted to engage in, activities that would give rise to Consultant being required to register
federally or in any state or other jurisdiction as a broker or an investment advisor. If a financial intermediary expresses interest in
the Company to Consultant, Consultant will refer the intermediary to the Company. In providing services under the Agreement, Consultant
agrees to comply in all materials respects with all applicable U.S. securities laws. Client acknowledges and agrees that (a) it and its
affiliates each have relied and will continue to rely on the advice of its own legal, regulatory, and securities law advisors for all
matters and (b) neither Client nor any of its affiliates has received, or has relied upon, the advice of Consultant or any of its affiliates
or their counsel regarding legal, regulatory, or securities law matters.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) The Services of Consultant shall not be exclusive to Client, and Client acknowledges that Consultant will
be performing similar Services for other clients and Consultant shall be free to perform Services for such other persons.

2. **Independent Contractor.** Client and Consultant agree that Consultant shall perform its duties under
this Agreement as an independent contractor. Nothing contained herein shall be considered as creating a relationship of agent-principal,
employer-employee or joint venturers between Consultant and either Client.

**3.** **Compensation.** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) As consideration for the performance of the Services hereunder, upon the date of the execution and delivery
of this Agreement, Client shall pay to Consultant the sum of Two Million Three Hundred Thousand Dollars ($2,300,000) by 1/31/2026 in cash
via Bank Wire Transfer for providing the Services over a 6 Month period of Marketing Distribution Campaigns term starting on 2/01/2026.
Such consideration shall be deemed earned in full upon receipt.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Unless otherwise provided in this Agreement, all other services, including out-of-scope assignments, rendered
by Consultant shall be subject to additional compensation under a separate agreement between Consultant and Company. Consultant shall
be responsible for all out-of-pocket expenses incurred or paid in connection with its performance of the Services hereunder.

**4.** **Term and Termination.** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) The term of this Agreement shall commence on the start date and continue for a period of for 6 Month period
of Marketing Distribution Campaigns (the "Term") unless otherwise extended by mutual agreement of the parties (the "Extended
Term"). This Agreement may be terminated, with or without cause, by either Client or Consultant at any time by written notice to
the other Party. If the Agreement is terminated by Client during the Term for any reason, Client will not be entitled to return of any
of the compensation. If Client files for bankruptcy, becomes insolvent or is in material breach of this Agreement ("Cause"),
Consultant may terminate the Agreement and Client will not be entitled to the return of any of the compensation. If Consultant terminates
the Agreement without Cause, then Consultant must return the unused portion (if any) of the Compensation. Within ten days after the termination
or expiration of this Agreement, each party shall return to the other all Proprietary or Confidential Information (defined below) of the
other party (and any copies thereof) in the party's possession or, with the approval of the other party, destroy all such Proprietary
or Confidential Information.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) In the event Client elects to purchase and Consultant agrees to supply additional Services during the
Term or the Extended Term of this Agreement, the terms andcondition of this Agreement will apply to such additional Services.

**5.** **Information.** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) In connection with Consultant's performance of its Services, Consultant will rely on Company's
press releases and Company's most recent reports, if any, filed with the Securities and Exchange Commission (collectively, the "Company
Information"). In this regard, Company agrees to make all filings required by the exchange act and all other applicable laws, in
each case on a timely basis in accordance with such laws. Client hereby grants to Consultant the right to use the name and service marks

Services be submitted to Company for its review and approval, such approval not to be unreasonably withheld, conditioned or delayed.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Client hereby acknowledges and agrees that, in performing its Services hereunder, Consultant will be using
and relying on the Company Information without independent verification thereof. Consultant will also be under no obligation to determine
whether there have been, or to investigate any changes in, such information. Consultant will be entitled to submit any materials created
by Consultant to Company for its review and approval, such approval not to be unreasonably withheld, conditioned, or delayed. Client represents
and warrants that that the Company Information and all information provided by Company or its affiliate or representatives to Consultant
shall, at the time provided, not contain any untrue statement or material fact or omit to state a material fact necessary in order to
make the statement made, in light of the circumstances under which they were made, not misleading.

---

| | |
|:---|:---|
| () | Client, by its authorization or approval of the Advertisement, represents and warrants to Consultant that, to its knowledge, the Advertisement is complete and correct in all material respects and does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements therein not misleading. Client agrees to promptly notify Consultant upon the occurrence of any material adverse change in the business or affairs of the Company or upon the occurrence of any event which causes Client to believe that the Advertisement contains any untrue statement of a material fact or omits to state a material fact necessary to make the statements therein not misleading. |

---

6. **Securities Laws.** Client represents and warrants that the Company Information and all information
provided by Company or its affiliates or representatives complies in all respects with the U.S. federal and applicable state securities
laws, and are not and will not be or constitute a part of any activity that is or may be deemed to be illegal under the U.S. federal or
applicable state securities laws, including, without limitation, being a part of any illegal offering, illegal pump-and-dump, illegal
scalping, illegal touting schemes, or an effort to assist with a violation of any court order including, but not limited to, any order
banning or limiting a person's involvement in the securities markets.

**7.** **Work Product.** All information and materials produced for Client shall be the property of Consultant,
free and clear of all claims thereto by Client, and Client shall have no claim of authorship therein. Consultant shall retain all right,
title, and interest in and to, including any intellectual property rights with respect to, any data, designs, processes, specifications,
software, applications, course, code, object code, utilities, methodologies, know-how, materials, information and skills (and any derivative
works, modifications and enhancements thereto) owned, acquired or developed by or for Consultant's databases.

**8.** **Confidentiality.** The parties agree to hold each other's Proprietary or Confidential Information
in strict confidence. "Proprietary or Confidential Information" shall include, but is not limited to, written or oral contracts,
trade secrets, know-how, business methods, business policies, memoranda, reports, records, computer retained information, notes, or financial
information. Proprietary or Confidential Information shall not include any information which: (i) is or becomes generally known to the
public by any means other than a breach of the obligations of the receiving party; (ii) was previously known to the receiving party or
rightly received by the receiving party from a third party; (iii) is independently developed by the receiving party; or (iv) is subject
to disclosure under court order or other lawful process. The parties agree not to make each other's Proprietary or Confidential Information
available in any form to any third party or to use each other's Proprietary or Confidential Information for any purpose other than as
specified in this Agreement. Each party's Proprietary or Confidential Information shall remain the sole and exclusive property of that
party. The parties agree that in the event of use or disclosure by the other party other than as specifically provided for in this Agreement,
the non-disclosing party may be entitled to equitable relief. Notwithstanding termination or expiration of this Agreement, the parties
acknowledge and agree that their obligations of confidentiality with respect to Proprietary or Confidential Information shall continue
in effect for a total period of three (3) years from the termination date.

**9.** **Non** - **Public Material Information.** Consultant acknowledges that to prepare appropriate Advertising
in a timely manner it may be made aware of price sensitive or confidential information that has not been publicly disclosed yet. Consultant
confirms that it is fully aware of its obligations in relation to such information and will ensure that the confidentiality of such information
is maintained at all times and that it, and its employees and contractors, are all fully aware of and comply with, all appropriate securities
laws and regulations in relation to insider trading and related matters.

**10.** **Covenant Not to Sue.** Client agrees that it will not file any suit, claim, proceeding or complaint
against Consultant arising out of or based on the failure of the trading volume of the stock to increase or price to rise, or to maintain
any increase in trading volume or rise in stock price as may be occur, as a result of or in response to the public release of Advertising
for the Company or Consultant's provision of services under this Agreement.

**11.** **Limitation of Liability.** Consultant shall not be liable to Client or any other person for any damages
in connection with the provision of services under the Agreement, whether because of Consultant's negligence or otherwise, and regardless
of the form of action, except in the event of Consultant's deliberate fault or gross negligence. Nevertheless, regardless of the
form of action, whether in contract, tort or otherwise, Consultant shall not be liable to Client for any lost profits, business interruption,
or for any indirect, incidental, special, consequential, exemplary or punitive damages arising out of or relating to this Agreement, nor
shall Consultant's aggregate liability for any damages arising out of this Agreement exceed the compensation paid by Client to Consultant.

**12.** **Indemnification.** Client shall indemnify and hold Consultant harmless from and against any and all
actions, claims, investigations (including but not limited to any formal or informal investigations brought by any state or federal regulator
and any subpoenas or requests for documents, information or testimony issued in connection therewith), liabilities, losses, or damages
arising from the preparation, presentation or dissemination of any Advertising covered by this Agreement including, but limited to, the
costs of defense and attorneys' fees. You will also indemnify Consultant from and against all losses, expenses (including costs
and attorneys' fees) and all manner of actions, claims and judgments sustained by or made against Consultant in connection with
your use or misuse of the Service, any medium used with the Service, violation of this Agreement, or based upon any alleged violation
of any statute, ordinance, code, or regulation.

**13.** **Notices.** Any notice or other communication required or permitted to be given to either party hereunder
shall be in writing and shall be given to such party at such party's address set forth below or such other address as such party
may hereafter specify by notice in writing to the other party. Any such notice or other communication shall be addressed as aforesaid
and given by (a) certified mail, return receipt requested, with first class postage prepaid, (b) hand delivery, or (c) via electronic
communication (i.e., e-mail) or (d) reputable overnight courier. Any notice or other communication will be deemed to have been duly given
(i) on the fifth (5) day after mailing, provided receipt of delivery is confirmed, if mailed by certified mail, return receipt requested,
with first class postage prepaid, (ii) on the date of Service if served personally or (iii) on the business day after delivery to an overnight
courier service or by sending of an electronic communication, provided the notifying party specifies next day delivery and receipt of
delivery has been confirmed:

If to the Client:

Email:

If to Consultant:

IR Agency LLC

23 Downing Street, Newark NJ 07105

E-mail: [Raf@ir.agency]

**14.** **Waiver of Breach.** Any waiver by either party of a breach of any provision of this Agreement by
the other party shall not operate or be construed as a waiver of any subsequent breach by any party.

**15.** **Assignment.** Neither this Agreement nor any of the rights, interests or obligations hereunder may
be assigned by either party hereto without the prior written consent of the other party, which will not be delayed or withheld unreasonably;
provided that Client shall not be required to consent to any assignment by Consultant of its cash and compensation payable pursuant to
this Agreement. Any assignment without such consent, when required, shall have no legal validity; subject to the foregoing, this Agreement
and all of the provisions hereof will be binding upon and inure to the benefit of the parties to this Agreement and their respective successors
and permitted assigns.

**16.** **Governing Law and Jurisdiction.** This Agreement shall be governed and construed under New Jersey
law. The parties consent to the exclusive jurisdiction of the federal and state courts located in New Jersey, to hear and determine any
dispute that may arise under this Agreement.

**17.** **Entire Agreement.** This Agreement contains the complete agreement between the parties with respect
to the subject matter hereof and supersedes any prior proposals, understandings, agreements or representations by or between the parties,
written or oral.

**18.** **Severability.** Whenever possible, each provision of this Agreement will be interpreted in such manner
as to be effective and valid under applicable law, but if any provision of this Agreement is held by any court of competent jurisdiction
to be prohibited by or invalid under applicable law, such provision will be ineffective only to the extent of such prohibition or invalidity,
without invalidating the remainder of such provision or the remaining provisions of this Agreement.

**19.** **Waiver and Modification.** Any waiver, alteration, or modification of any of the provisions of
 this Agreement shall be valid only if made in writing through an amendment of this Agreement and signed by the parties hereto.

**20.** **Acceptance.** Please confirm that the foregoing is in accordance with Company's understanding
by signing and returning this Agreement, which will thereupon constitute a binding Agreement between the Company and IR Agency, LLC as
of the date of your execution. The undersigned officers of IR Agency, LLC and Company represent that they have the authority to bind IR
Agency and Company, respectively. This Agreement may be executed in counterparts and with electronic or facsimile signatures.

---

| | |
|:---|:---|
| IR Agency LLC | IR Agency LLC |
| By: | /s/ Rafael Pereira |

---

Print Name: Rafael Pereira

---

| | |
|:---|:---|
| Akanda Corp | Akanda Corp |
| By: | /s/ Katie Field |

---

Print Name: Katie Field

Position: Interim CEO

Date: 1-27-26