5 High Growth UK Stocks to Buy

Page 5 of 5

1. Akanda Corp. (NASDAQ:AKAN)

Q/Q Sales Growth: N/A

Number of Hedge Fund Holders in Q4 2022: 2

Akanda Corp. (NASDAQ:AKAN) is a medicinal cannabis firm that grows its own marijuana and is headquartered in New Romney, United Kingdom.

Akanda Corp. (NASDAQ:AKAN)’s fiscal quarter ending in December 2022 was the first in which it recognized material revenues according to its preliminary release. In fact, it managed to earn EUR1.8 billion in high quality medical marijuana sales during two of the three months of the quarter. Two of the 943 hedge funds polled by Insider Monkey had invested in the firm during 2022’s final quarter.

Disclosure: None. You can also take a peek at Ken Griffin’s High Dividend Stock Picks and 15 Fastest Growing Countries in Asia.

Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below.

Follow Insider Monkey on Twitter

Page 5 of 5