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One World Products Inc
6605 GRAND MONTECITO PKWY, SUITE 100
Phone: (702) 605-0605p:702 605-0605 LAS VEGAS, NV  89149  United States Ticker: OWPCOWPC

On 12/22/2023, One World Products Pharma SAS (OWP-Colombia), the operational subsidiary of One World Products Inc., filed for Protection from its Creditors under Colombian Law 1116 of 2006, the primary legislation governing Business Insolvency Proceedings in Colombia. During the Reorganization Proceeding, OWP-Colombia intends to satisfy its continuing financial obligations through the negotiation and/or settlement with creditors and the Colombian governmental authorities. Subject to court approval, the Company intends to continue normal operations during the Reorganization Proceeding.

Business Summary
One World Products, Inc. is engaged in a cannabis business that is focused on the manufacturing and distribution of cannabis and hemp plant ingredients for both medical and industrial uses across the globe. The Company is focused on cultivating, processing, and supplying crude cannabis oil, distillate, and isolate to customer specifications. The Company's cultivation site is located in Popayan, Colombia. Its cultivation facility encompasses approximately 30 acres and includes a covered greenhouse built specifically to cultivate high-grade cannabis and hemp. It has approximately 120,000 square feet of covered greenhouse capacity. In addition, it has entered into agreements with local farming co-operatives that include small farmers and indigenous tribe members, under, which they cultivate cannabis on up to approximately 140 acres of land using the Company seeds and propagation techniques and sell their harvested products to Company on an exclusive basis.
(Source: 10-K)

Scores and Ratings
FRISK®
Score
Z''
Score
PAYCE®
Score
DBT
Index
Moody's
Rating
Fitch
Rating
DBRS
Rating
YesYes-----

Financials, News and Filings
Latest
Statement
Last
Audit

News
SEC
Filings
Bankruptcy
Filings
Suit &
Judgment
Filings
Tax
Lien
Filings
9/30/202312/31/2022YesYes---

Industries
SIC Code Description
0139 Field crops, except cash grains, not elsewhere classified

Officers and Directors

Title

Name

Age
Title
Date
Start
Date
Chairman of the Board, Chief Executive Officer IsiahThomas 61 12/1/2021 6/1/2020
President JoergSommer 57 5/23/2023 5/23/2023
Independent Vice Chairman of the Board KennethPerego 53 12/1/2021 1/1/2020
Chief Financial Officer TimothyWoods 56 2/14/2022 2/14/2022
Independent Director TerryBuffalo 58 9/1/2022 9/1/2022

Business Names
Business Name
One World Products Pharma SAS
OWP Ventures, Inc.
OWP-Colombia
OWPC
PNTT
PNTTD

General Information
Number of Employees: 14 (As of 5/10/2023)
Outstanding Shares: 79,827,618 (As of 12/31/2023)
Shareholders: 112
Stock Exchange: OTC
Federal Tax Id: 611744826


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Thursday, March 28, 2024