Akanda Corp. announced that Mr. Trevor Scott notified of his resignation as Chief Financial Officer of the Company, effective on January 5, 2023 following a six-month notice period as required under the provisions of the Service Agreement dated January 24, 2022 between Mr. Scott, the Company, and Canmart Ltd, a subsidiary of the Company. Mr. Scott has advised that his resignation was due to personal reasons and not due to any disagreement with the Company on any matter related to the operations, policies, or practices of the Company.

The Company is actively searching for a candidate to succeed Mr. Scott as Chief Financial Officer and Secretary. Mr. Scott will continue as the Company's Chief Financial Officer and Secretary until the effective date of his resignation.