Akanda Corp. Addresses Impacts of Postal Strike on Receiving Materials for its Upcoming Special Meeting Toronto, Ontario

Akanda Corp. Addresses Impacts of Postal Strike

on Receiving Materials for its Upcoming Special Meeting

Toronto, Ontario, October 10, 2025 - Akanda

Corp. ("Akanda" or the "Company") today announced that, due to the ongoing postal strike in

Canada, the Company is unable to mail shareholder proxy materials (the "Meeting Materials") for its upcoming special

meeting (the "Meeting") of shareholders scheduled for 10:00 a.m. (Toronto time) on Thursday, October 30, 2025, at the

offices of Gowling WLG (Canada) LLP, Suite 1600, 100 King Street West, Toronto, Ontario.

Akanda is incorporated under the Business Corporations

Act (Ontario), which ordinarily requires delivery of Meeting Materials to registered shareholders by mail. As the postal strike has

made mailing impracticable, the Company has implemented alternative delivery procedures that fully ensure shareholders' access to

the required information.

The Meeting Materials are available for download

on the Company's website at https://akandacorp.com and will remain accessible there for six months following the date of the Meeting.

Shareholders may also request printed copies of the Meeting Materials be sent to them via email or couriered to them within Canada or

the United States, at no cost by contacting the Company by email at ir@akandacorp.com or they may access

the documents online under the Company's profile on EDGAR at www.sec.gov.

Registered shareholders (those who hold their

shares directly in the Company and not through a broker or other intermediary) may obtain a control number or receive assistance with

voting by contacting the Company's Meeting proxy provider, Odyssey Trust Company. To facilitate this process, shareholders are encouraged

to use the "Chat with Odyssey Trust" feature at https://odysseytrust.com/contact/ or to contact Odyssey Trust by telephone

at 1-888-290-1175 (toll-free in North America) or 1-587-885-0960 (outside North America). Shareholders are reminded to submit their proxies

or voting instructions by no later than 48 hours prior to the time of the Meeting, as indicated in the Meeting Materials, to ensure their

Beneficial shareholders (those who hold their

shares through a brokerage firm or other intermediary) who have not yet received information about the Meeting should contact their intermediary

directly to obtain a voting proxy.

These alternative procedures have been implemented

to ensure that all shareholders receive timely access to the Meeting Materials and can participate fully in the Meeting, notwithstanding

the postal disruption. The Company is confident that these measures provide a secure, accessible, and compliant alternative to traditional

The Company appreciates shareholders' understanding

and cooperation during this postal disruption. Akanda remains committed to maintaining the highest standards of transparency and governance

and encourages all shareholders to review the Meeting Materials and participate in the Meeting.

Forward-Looking Statements

This press release may contain " forward-looking

statements." Such statements which are not purely historical (including, but not limited to statements that contain words such as

"will," "believes," "plans," "anticipates," "expects," "intends,"

"would," "could" and "estimates") are forward-looking statements and include any statements regarding

beliefs, plans, expectations or intentions regarding the future.

Important factors, among others, that may affect

actual results or outcomes include: (i) any delay to or adjournment of the Meeting, or changes in the status of the postal strike; (ii)

changes in domestic and foreign business, market, financial, political and legal conditions; (iii) risks that could adversely affect Akanda

or the expected benefits of its recent acquisition of FTF (the "Transaction") or that the approval of the stockholders of

Akanda to authorize and issue its Class B Special Shares, or to approve the Transaction, is not obtained; (iv) failure to realize the

anticipated benefits of the Transaction; (v) the limited operating history of each of Akanda and FTF; (vi) the ability of Akanda and its

subsidiaries to grow and manage growth effectively; (vii) the ability of Akanda and its subsidiaries to execute their business plans;

(viii) estimates of the size of the markets for Akanda's and its subsidiaries' products and services; (ix) the rate and degree

of market acceptance of Akanda's products and services; (x) Akanda's ability to identify and integrate acquisitions; (xi)

future investments in technology and operations; (xii) potential litigation involving Akanda; (xiii) risks relating to the uncertainty

of projected financial information; (xiv) the effects of competition on Akanda's businesses; (xv) developments and changes in laws

and regulations; (xvi) the impact of significant investigative, regulatory or legal proceedings; (xvii) general economic and market conditions

impacting demand for Akanda's products and services; (xviii) the ability to meet Nasdaq's listing standards; (xix) the ability

of Akanda to raise capital, and to issue equity or equity-linked securities in connection with the Transaction or in the future; (xx)

the ability of Akanda to manage its significant debt load and liabilities; and (xxi) such other risks and uncertainties as are discussed

in Akanda's Annual Report on Form 20-F filed with the SEC or in other documents Akanda files from time to time with the SEC. Akanda

expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained

herein to reflect any change in Akanda's expectations with respect thereto or any change in events, conditions or circumstances

on which any statement is based.

Actual results could differ from those projected

in any forward-looking statements due to numerous factors. These forward-looking statements are made as of the date of this press release,

and Akanda assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from

those projected in the forward-looking statements, except as required by law. Although Akanda believes that the beliefs, plans, expectations

and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions

will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors

disclosure outlined in Akanda's reports and statements filed from time-to-time with the Securities and Exchange Commission.