One World Products Inc
oneworldproducts.comWhat Do They Do?
Sells cannabidiol rub products in the United States and develops hemp-based packaging for automotive parts.
10-K for FY2024, filed Jun 3, 2025
How Do They Make Money?
The company sells CBD rub canisters; earlier Colombian seed sales were paid partly on delivery and the balance after harvest.
10-K for FY2024, filed Jun 3, 2025The Company recognizes revenue in accordance with ASC 606 — Revenue from Contracts with Customers. Under ASC 606, the Company recognizes…View ↗
$4.9K
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10-K for FY2024, filed Jun 3, 2025
$4.9K ↗
Who Are Their Customers?
Customers buy the company’s CBD products online.
10-K for FY2024, filed Jun 3, 2025We also entered into a strategic partnership with Stephen Marley’s Kx Family Care in 2024 in which we purchased 2,000 units of CBD…View ↗
Do Revenues Turn Into Profits?
No. It lost $3.9M in FY2024.
10-K for FY2024, filed Jun 3, 2025
How Are They Changing?
- Net income
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Sources
10-Q for Q3 FY2025, filed Jan 2, 2026
$5.3MView ↗
- ▲ Now profitable
- vs −$734.6K in Q3 FY2024
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Mar 27, 2026
Interim CFO resigned; CEO assumed CFO duties
William Rowland resigned as interim CFO and board member; CEO Isiah Thomas assumed the CFO duties.
Sources
8-K, filed Mar 27, 2026
On March 24, 2026, William P. Rowland, a member of the Board of Directors (the “Board”) of One World Products, Inc., a Nevada corporation…View ↗
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Jul 15, 2025
Acquired substantially all of Eco Bio Plastics’ assets
A wholly owned subsidiary acquired substantially all of Eco Bio’s assets for $515,000 in cash.
Sources
8-K, filed Jul 15, 2025
Further to the Eco Bio LOI, on July 11, 2025, the Company, EBPIE, LLC, a Michigan limited liability company wholly owned by the Company…View ↗
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Jun 30, 2025
CFO Todd Peterson resigned and William Rowland became interim CFO
Sources
8-K, filed Jun 30, 2025
Chief Financial Officer. On May 7, 2025, Todd Peterson resigned from his positions as Chief Financial Officer, Secretary and Treasurer of…View ↗
Shrinking. Revenue fell 92% in 4 years, from $59.6K in FY2020 to $4.9K in FY2024, about 47% a year.
From wholesale ingredients to CBD products
The older report planned to cultivate and wholesale cannabis oils and extracts to industrial companies; the latest describes selling a CBD rub in the United States.
10-K for FY2021, filed Apr 15, 2022 10-K for FY2024, filed Jun 3, 2025We are focused on cultivating, processing and supplying crude cannabis oil, distillate and isolate to customers’ specification. We plan to…View ↗
Our business currently involves the sale of CBD based product in the United States, called Pro-11. During the fourth quarter of 2024, the…View ↗
Hemp materials for automotive packaging
The older report described cannabis and hemp ingredients broadly; the latest adds hemp-based molded packaging for automotive parts and research on sustainable materials for automakers.
10-K for FY2021, filed Apr 15, 2022 10-K for FY2024, filed Jun 3, 2025We plan to be a producer of raw cannabis and hemp plant ingredients for both medical and industrial uses across the globe. We have received…View ↗
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