Akanda Corp

NASDAQ:AKAN   3:46:52 PM EDT
1.03
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Debt Financing / Related, Bankruptcy / Related

Akanda Corp Says High Court Of Lesotho Has Placed In Liquidation Co's Indirect, Wholly-Owned Subsidiary, Bophelo Bio Science & Wellness

Published: 07/27/2022 01:45 GMT
(AKAN) - High Court of Lesotho Has Placed in Liquidation Company's Indirect, Wholly-owned Subsidiary, Bophelo Bio Science & Wellness (pty) Ltd.company Also Intends to Contest and Seek to Reverse the Determination by the Lesotho Court to Place Bophelo in Liquidation.
Akanda- Intends to Convene a Special Committee to Investigate Mojela's Actions and Conduct.
Also Intends to Contest and Seek to Reverse Determination by Lesotho Court to Place Bophelo in Liquidation.
Mojela Has Been Summarily Terminated As Chairman of Bophelo for Cause, As a “bad Leaver”.