On July 22, 2022, Mohsen Rahimi notified the board of directors of Akanda Corp. that he intends to resign as a member of the Board, effective July 25, 2022. Mr. Rahimi's decision to resign was not the result of any disagreement with the Company, any matter related to the Company's operations, policies or practices, the Company's management, or the Company's Board.

Effective July 25, 2022, the Board appointed Yuying Liang as a member of the Board to fill the vacancy on the Board that was created as a result of Mr. Rahimi's resignation. Ms. Liang, age 32, has served as a Principal at Canmore Financial Services Inc., a company that provides accounting and financial reporting services to public companies, since January 2019. From August 2014 to November 2018, Ms. Liang served as a Senior Accountant at Jackson & Company, a full-service financial accounting firm that provides audit and accounting, taxation and management consulting services to middle market entrepreneurial businesses.

Ms. Liang currently serves on the board of directors of Montego Resources Inc., a junior mineral exploration company engaged in the business of acquiring, exploring, and evaluating natural resource properties, Modern Plant Based Foods Inc., a Canadian food company based in Vancouver, British Columbia that offers a portfolio of plant-based products including meat and dairy-free alternatives, soups and vegan snacks, and Ultra Brands Ltd., a Canada-based agriculture-food holdings company that is focused on products and technologies in the food services industry. Ms. Liang was also previously a member of the board of directors of Boundary Gold and Copper Mining Ltd. and Essex Minerals Inc.