One World Products Inc (QB) (OWPC) Quote

Dilution time…OTCN has been sitting on the ask all week

I just had to step away. The shareholder letter before this one said 4th quarter before any expected operations. They weren't saying shit. I haven't had much to say but I haven't sold a share in over a year, I added 350k at a .035 average on the last dip.

I had to go back to work after 5 1/2 years of living off trading! That was tough but the OTC market went to hell and that's all I have ever traded, all I knew. I have been caught up in rebuilding a business for the last year or so I can't post all day like the old days.

Just waiting to see what happens here.

Hopefully, they start talking more as promised in the letter and more important maybe they finally start making some damn money!

@sello is a con man

Rise from the ashes?

$OWPC Nice to see, thanks for posting!

Shareholder update

Shifting Operational Strategy in Colombia and Ramping Up Other Initiatives in Order to Accelerate the Timeline to More Significant Revenue


LAS VEGAS, NV , Sept. 11, 2024 (GLOBE NEWSWIRE) -- One World Products, Inc. (the “Company,”) (OTCQB: OWPC), a fully-licensed hemp and cannabis producer, is pleased today to provide the following shareholder update letter.
Dear Valued Shareholders,
I write to you today with a deep sense of gratitude, pride, and optimism. Gratitude for the unwavering dedication of our employees, partners, and shareholders in supporting our journey so far, and great optimism for the promising path ahead. Director Ken Perego and I remain aligned with our shareholders, having invested $5 million of our personal funds into One World Products . Though our progress has been slower than anticipated, we believe strongly in the foundation we have built and are confident in our strategy for generating and scaling revenue.
Automotive Industrial Hemp Update:
The automotive industry presents a substantial opportunity for us, particularly as global OEMs target to incorporate 200 pounds of renewable materials per vehicle. Our focus is on leveraging industrial hemp to replace plastics and additives in automotive applications. To drive this initiative, we have assembled a team of experienced material and application engineers with over 60 years of combined expertise at Stellantis.
We stand apart from many hemp startups by offering validated products that have passed rigorous tests with our container partner, ORBIS Corporation , and tier-one supplier, Flex-N-Gate , both suppliers to Stellantis. Through our strategic partnership with West Michigan Compounding, our materials can now be molded into automotive component containers. We are also working on substituting mica with hurd powder in protective plastic wraps used for shipping, replacing glass fiber in brackets, and enhancing decorative components in automotive interiors. With these innovations, we remain optimistic about securing purchase orders in the near future.
Pro-11 Update:
Pro-11, our premium CBD-enriched muscle rub, continues to receive excellent feedback since its launch. The product’s success is a testament to its high-quality blend of CBD, essential oils, and natural extracts. As we continue to refine the Pro-11 brand, we are expanding our product offerings, enhancing packaging, and strengthening our distribution channels. Through strategic partnerships, we are poised to scale operations both online and in retail, catering to the growing demand for natural wellness solutions. Our focus on refining brand identity and improving customer experience will further elevate Pro-11’s market presence.
Management and Operational Team Update:
We are thrilled to welcome Chris Wolven to our operational team. With over 10 years of experience in the cannabis industry, Chris has successfully scaled operations in previous roles, reaching revenues of up to $30 million annually. Since joining One World Products , Chris has quickly become an integral part of the team, bringing valuable insight and strategic contributions across multiple facets of the business. His work has already helped us improve operational efficiency, streamline processes, and lay the groundwork for sustainable growth. Additionally, we have refined our management structure to enhance overall efficiency, reduce overhead, and position the Company for long-term success.
Colombian Operations Update:
As we continue to refine our initiatives and operations in Colombia , we are pleased to announce the acquisition of Petalo Pharmaceutical SAS. This acquisition complements our transition to an asset-light model, allowing us to focus on operational efficiency while reducing overhead and capital expenditure. Our strategy leverages new and existing partnerships and resources to ensure flexible and scalable growth as market conditions evolve.
We remain committed to diligently managing all aspects of our current and future operations, ensuring that we adapt to changing circumstances while preserving capital. By optimizing our approach and focusing on sustainable growth, we are positioning the Company to seize emerging opportunities and strengthen our foundation for long-term success.
On the capital markets side, we will ramp up efforts to increase visibility and attract new shareholders through press releases, conferences, roadshows, and investor calls. We look forward to keeping you updated as we continue to execute on our strategic initiatives.
Sincerely,
Isiah Thomas

Joerg Sommer and Isiah Thomas are nowhere to be found what the hell is going here out of business? a scam? bankruptcy? .. my god all these years

Pistons

Fred massat

President of Knicks…disaster

Walked off court early

Swept by bulls

NBA tv

Isiah international

Phoenix Suns

Kevin durant

Dream team

Better than Jordan

Cannabis

Cbd

Colombia

Isiah hemp

Dear Shareholders,

Despite the challenges we experienced with logistics and installation delays for our distillation machine, we believe 2022 was a set-up year enabling the next 12 months to be transformational as we transition into production and sales. I remain as confident as ever in One World Products, having personally invested $3 million in the Company to-date. I am pleased to provide the following detailed informational update, which outlines our achievements thus far and delineates our plans for the future.

Our first cultivation site is located in Popayan, Colombia and our extraction facility will be located in the outskirts of Bogota, Colombia, in the town of Mosquera. Our cultivation facility encompasses approximately 30 acres and includes a covered greenhouse built specifically to cultivate high-grade cannabis and hemp. In addition, we have forged agreements with local farming co-operatives that include small farmers and indigenous tribe members. Under these agreements, they will cultivate cannabis on up to approximately 140 acres of land using our seeds and propagation techniques, and sell their harvested products to us on an exclusive basis.

We employ modern propagation and cultivation techniques drawn from U.S. practices that allow us to rapidly multiply the cells of a specific plant strain to produce large numbers of genetically consistent progeny plants using our own plant tissue culture method. We believe this technique allows us to cultivate plants which are stable, robust, and able to produce genetically superior cannabis and hemp-derived products. We are committed to adhering to international quality standards. As such, we intend to certify our processes and products as compliant with Good Agricultural Practices (“GAP”), Good Manufacturing Practice (“GMP”), and the standards outlined in EU Pharmacopoeia—a publication setting forth quality standards applicable to the European pharmaceutical industry.

We currently have 120,000 square feet of covered greenhouse capacity, which we intend to increase to 160,000 square feet. We are building out our extraction and production facility and expect it to be operational before the end of the third quarter of 2023. During the first quarter of 2022, we invested approximately $1,400,000 into state-of-the-art distillation equipment. Installed during the first quarter of 2023, we anticipate putting this equipment into service within our vertically integrated extraction facility in the second quarter of 2023.

On October 1, 2022, we entered into a five-year lease for this facility, which combines our office and extraction operations into one building. This arrangement is approximately half the cost of our previous setup, and the facility already contains necessary infrastructure, such as electrical wiring and epoxy floors, which will significantly reduce our tenant improvement costs. Once the equipment is placed in service, we will be one of the only companies in Colombia to both hold licenses and possess the capability to extract high-quality CBD and THC oils. To further boost our cultivation capabilities, we have a contractual relationship with a local co-operative under which they agree to assist us in cultivation at our facility.

We have received full registrations from the Instituto Colombiano Agropecuario (the “ICA”) for the full registration of 3 non-psychoactive high CBD strains and 13 proprietary high THC cannabis strains. This approval is crucial as only registered strains may be sold under Colombian law. We have also initiated the quota process, a necessary step for the commercialization of THC products, and received a supplementary quota on December 30, 2022 that will allow us to sell THC products, based on the thirteen strains that were approved.

We recently added premium coffee certified by the Colombian National Coffee Federation infused CBD, teas infused with CBD, and a series of wellness products, including sports CBD energy drinks for optimum performance, CBD facial and body creams for anti-inflammatory and anti-aging use to our product pipeline. As we look to the second half of 2023, we expect to start exporting our product pipeline, including CBD flower and distillate oil, while developing our white-label commercial agreements with Europe, USA, and Latin America. By streamlining our processes and adopting lean best practices, we aim to become the preferred just-in-time supplier of premium cannabinoid-based products and raw ingredients. This approach will enable us to offer our customers attractive pricing without compromising on quality.

We remain confident about the burgeoning global market for cannabis and hemp products, with the CBD segment, in particular, demonstrating substantial demand and growth. We will pursue sales into this market using a direct sales force to establish direct customer relationships and distributor relationships. We will seek out customers who have large and recurring needs and demands. Countries that we intend to focus on include EU countries, the UK, Poland, Israel, and Canada. Each of these markets offers unique opportunities and we are prepared to navigate these dynamics to establish a strong presence.

Your continued support is invaluable to us and we look forward to updating you on our progress in the exciting months ahead.

Thank you,

Isiah ThomasChairman and CEO, One World Products, Inc.

NT 10Q’s NT10K’s. Delinquent reporting

Shareholder letter

We’re ready to start communicating and producing revenue

Clearthinkcapital

CBD infused coffee

Procepack

Carbon Credits

Pro-11

Bezinga

Hempisthenewplastic

Letitbeknown

PBIO

Stellantis

Smokiez

Stevie Marley

Ric Schumaker

Craig ellins

Jimmy Hackney

Todd Peterson

Joerg Sommer

Timmy Woods

Isiah Lord Thomas

Josh Thomas

Kenny Perego

Carlos Defex

Terry Buffalo

Minyon Moore