Notice of ADJOURNED Special Meeting of Shareholders NOTICE IS HEREBY GIVEN THAT a special meeting of the shareholders (the " Meeting ") of Akanda Corp. (the " Corporation ") originally scheduled for

of ADJOURNED Special Meeting of Shareholders

NOTICE IS HEREBY GIVEN THAT a special meeting

of the shareholders (the "Meeting") of Akanda Corp. (the "Corporation") originally scheduled for October

30, 2025 (the "Original Meeting"), was adjourned (the "Adjournment") until 10:00 a.m. (Eastern Time)

on Friday, November 28, 2025 (the "Adjourned Meeting") and will be held in person at the offices of Gowling WLG (Canada)

LLP, Suite 1600, 100 King Street, West, Toronto, ON, M5X 1G5.

The Meeting will also be simulcast on the Zoom

platform, where you can observe the Meeting at:

If a password or meeting ID is required on sign

on, please use the following:

Meeting ID:846 9905 1526

Those observing the Meeting through the zoom

platform will not be able to speak, interact with other participants in the Meeting or other Shareholders, and will not be able to vote

at the Meeting. Any Shareholders wishing to vote at the Meeting must attend the Meeting in person or provide the Corporation with a duly

completed proxy as described herein.

The Adjournment was approved by ordinary resolution

at the Original Meeting in order to satisfy certain requirements of the Nasdaq exchange, on which the Corporation's common shares

are listed, and in order to bring forward new business before the meeting, as described herein.

In accordance with the Business Corporations

Act (Ontario) and the by-laws of the Corporation, at the Adjourned Meeting those Shareholders present in person or by proxy will satisfy

the quorum requirement to transact business at the Adjourned Meeting.

At the Adjourned meeting, the following matters

will be considered (the "Original Business"), as described in the management information circular (the "Circular")

dated September 29, 2025 prepared in respect of the Original Meeting.

In addition to the Original Business, the following

new item (the "New Business") will be presented for consideration by the shareholders and will constitute business

to be conducted at the Special Meeting.

Management of the Corporation is recommending

that all shareholders vote FOR all resolutions presented at the Meeting, including the Original Business and the New Business.

The record date for the determination of the Shareholders

entitled to receive notice of and to vote at the Meeting or any adjournment(s) or postponement(s) thereof is September 25, 2025 (the "Record

Date"), which is the same record date set for the Meeting and which was used for the determination of shareholders of record

as at the Original Meeting. Shareholders of the Corporation whose names have been entered in the register of shareholders of the Corporation

at the close of business on the Record Date will be entitled to receive notice of and to vote at the Meeting or any adjournment(s) or

postponement(s) thereof.

The enclosed proxy provides the opportunity to

vote on both the Original Business as described in the Circular and the New Business as described herein.

Please be advised that all proxies received with

respect to the business presented for the Original Meeting are hereby accepted as valid and voted for the Original Business as previously

presented in the Circular. If you have previously provided a proxy with respect to the Original Business and do not wish to vote on the

New Business, you do not need to send in a new proxy.

However, please be advised that in the event

you do not submit a proxy for the New Business, but submitted a proxy for the Original Business, your shares will be voted FOR the Share

Consolidation Resolution. If you submitted a proxy for the Original Business but wish to vote AGAINST the Share Consolidation Resolution,

you must submit the enclosed proxy for the New Business and vote AGAINST the Share Consolidation Resolution.

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 made mailing of the meeting materials prior to the Original Meeting impracticable, the Company implemented alternative delivery

procedures that fully ensured shareholders' access to the required information.

The Meeting Materials were made 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 Adjourned Meeting. Shareholders were also able to, and continue

to be able to, 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.

If you have not received materials to vote for

matters in respect of the Original Meeting, 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). As a result of the Adjournment,

the Corporation has extended the proxy deadline for submission of the proxies in respect of the Original Business. Shareholders are required

to submit their proxies or voting instructions in respect of the Original Business and the New Business by no later than 48 hours prior

to the time of the Adjourned Meeting, to ensure their votes are counted. If you have already provided voting instructions or a proxy in

respect of the Original Business, you are not required to provide new voting instructions or a new proxy in respect of the Original Business

and your proxy will remain valid.

Beneficial shareholders (those who hold their

shares through a brokerage firm or other intermediary) should contact their intermediary directly to obtain a voting proxy or further

information on how to vote their shares.

If you are a Registered Shareholder

and are unable to attend the Meeting or any adjournment(s) or postponement(s) thereof, please date, sign and return the accompanying form

of proxy (the "New Business Proxy") for use at the Meeting or any adjournment(s) or postponement(s) thereof in accordance

with the instructions set forth in the Proxy and Adjournment Notice. To vote your proxy online please use the control number listed on

the bottom of the enclosed form of proxy and visit: https://vote.odysseytrust.com.

All instructions are listed on the back of the enclosed form of proxy. The Corporation's transfer agent recommends that shareholders

vote in advance of the Meeting.

If you are a Non-Registered

Beneficial Shareholder, a voting information form (also known as a VIF), instead of a form of proxy, may be enclosed. You must

follow the instructions provided by your intermediary in order to vote your Common Shares.

DATED at Toronto, Ontario this 5th,

Approval of Share Consolidation Resolution

At the Adjourned Meeting, Shareholders will be

asked to consider and, if thought advisable, pass a special resolution (the "Share Consolidation Resolution") authorizing

the Board, in its discretion, to direct the Corporation to file one or more articles of amendment (collectively, the "Articles

of Amendment") to amend the Corporation's articles in order to effect one or more consolidations (or reverse splits) of

the Corporation's issued Common Shares into a lesser number of issued Common Shares (each, a "consolidation"

and, collectively, the "Share Consolidation"). The Share Consolidation Resolution will authorize the Board to:

Background to and Reasons for the Share

The Board believes that it is in the best interests

of the Corporation to provide the Board with the flexibility to elect to reduce the number of outstanding Common Shares by way of the

Share Consolidation. Some of the potential benefits of the Share Consolidation include:

The Corporation believes that providing the Board

with the authority to select within a range of Share Consolidation ratios and to effect the Share Consolidation in one or more consolidations

provides the flexibility to implement the Share Consolidation in a manner intended to maximize the anticipated benefits of the Share Consolidation

for the Corporation and the Shareholders.

The Share Consolidation is subject to certain

conditions, including the approval of the Shareholders and acceptance by The Nasdaq Capital Market ("Nasdaq"). If the