Akanda is trading at $5.50 (+6.59%) in pre-market as the stock continues to recover from a selloff triggered by a July 31 Nasdaq listing deficiency notice.

  • The move follows a 4.3% decline during the August 4 regular session, where shares closed at $5.16.
  • The stock is extending a rebound from the earlier shock caused by the listing deficiency news.
  • Investors are monitoring the recovery as the price moves back toward levels seen prior to the July 31 selloff.