OWP

One World Products, Inc. Secures Exclusive Rights With Procepack for State-of-the-Art PreRoll-Er Equipment in Colombia

Retrieved on: 
Monday, March 25, 2024

This agreement grants OWP the perpetual exclusive rights to purchase advanced PreRoll-Er™ fully automated pre-roll filler systems within Colombia, contingent on meeting production volume targets and future equipment acquisitions.

Key Points: 
  • This agreement grants OWP the perpetual exclusive rights to purchase advanced PreRoll-Er™ fully automated pre-roll filler systems within Colombia, contingent on meeting production volume targets and future equipment acquisitions.
  • This marks a significant advancement in OWP's production capabilities and positions the company to scale its operations to unprecedented levels.
  • Isiah Thomas, CEO and Chairman of One World Products, expressed his enthusiasm: "Partnering with PreRoll-Er™ represents a significant leap forward for OWP in our production technology.
  • This surge indicates a flourishing market with vast global potential, positioning OWP favorably in its strategic expansion to meet the rising international demand.

One World Products Launches Pro-11 CBD-Enriched Performance Muscle Rub

Retrieved on: 
Tuesday, March 5, 2024

LAS VEGAS, NV, March 05, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire -- Today, One World Products, Inc. ("OWP") (OTCQB: OWPC) proudly introduces Pro-11, a high-performance CBD-enriched muscle rub, born from a pioneering collaboration between Kx Family Care, led by 8-time Grammy-award winner Stephen Marley, and OWP, under the stewardship of NBA Hall of Famer Isiah Thomas. Kx Family Care has also committed to a strategic investment of $400,000 in OWP, underscoring the shared vision between the two companies. The investment will be instrumental in expanding OWP's operations within the Bogota Free Trade Zone in Colombia and will enhance OWP's production capabilities, enabling the company to meet the growing demand for its products and solidify its position in the global market.

Key Points: 
  • This top-tier muscle rub is infused with premium CBD, essential oils, and natural extracts, specially formulated to support the intense physical demands of active and professional lifestyles.
  • This premium muscle rub is formulated to provide rapid absorption, deep muscle penetration, and a non-greasy finish, delivering optimal support where and when it's needed most.
  • "Pro-11 is more than just a muscle rub; it's a fusion of science and nature, designed to elevate athletic performance and recovery," stated 12-time NBA All-Star Isiah Thomas, CEO and Chairman at One World Products.
  • Pro-11 muscle rub will be available Direct-to-Consumer via pro11athletics.com starting March 15, 2024 and is expected to arrive in select retail locations later in the year.

One World Products Confirms That Its Colombian Cannabis Operations are Unaffected by Recent Regulatory Developments in Colombia

Retrieved on: 
Monday, February 5, 2024

LAS VEGAS, NV , Feb. 05, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire -- One World Products, Inc. (the “Company,”) (OTCQB: OWPC), a fully-licensed hemp and cannabis producer in Colombia, today announced that its current business prospects are unaffected by recent regulatory and political hurdles in Colombia.

Key Points: 
  • LAS VEGAS, NV , Feb. 05, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire -- One World Products, Inc. (the “Company,”) (OTCQB: OWPC), a fully-licensed hemp and cannabis producer in Colombia, today announced that its current business prospects are unaffected by recent regulatory and political hurdles in Colombia.
  • The Company's products, which include a range of THC solutions provided through medical channels, are derived from cannabinoids sourced from hemp and are fully compliant with current regulations.
  • Isiah Thomas, Chairman and CEO of One World Products, commented, ”Our plans remain unaltered as our products are not affected by the recent moves by Colombia’s Congress.
  • Meanwhile, a regulatory directive effective February 2024 mandates the destruction of all cannabis inventory over two years old.

One World Products, Inc. Announces Reorganization Plan to Optimize Global Operations

Retrieved on: 
Monday, January 22, 2024

LAS VEGAS, NV, Jan. 22, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire -- One World Products, Inc., a fully-licensed hemp and cannabis producer in Colombia and ascendant international hemp and cannabis company, today announced a strategic reorganization plan for its principal subsidiary, One World Products Pharma SAS ("OWP-Colombia"). This reorganization under Colombian Law 1116 of 2006 represents a step forward in the Company’s strategy to optimize its operations and position itself for significant growth through recently established key partnerships with market leaders in the cannabis and organic cosmetics sectors.

Key Points: 
  • LAS VEGAS, NV, Jan. 22, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire -- One World Products, Inc., a fully-licensed hemp and cannabis producer in Colombia and ascendant international hemp and cannabis company, today announced a strategic reorganization plan for its principal subsidiary, One World Products Pharma SAS ("OWP-Colombia").
  • This reorganization under Colombian Law 1116 of 2006 represents a step forward in the Company’s strategy to optimize its operations and position itself for significant growth through recently established key partnerships with market leaders in the cannabis and organic cosmetics sectors.
  • OWP will continue its extraction operations in Colombia without interruption, as the reorganization proceedings streamline operations and direct resources toward the most promising areas for growth.
  • "This reorganization is a strategic recalibration, allowing us to honor our past commitments while paving a clear path for future growth,” says Isiah Thomas, Chairman and CEO for One World Products.

One World Products, Inc. Partners With Smokiez Edibles for Potential $20 Million Annual Revenue in Colombia and Millions More Globally

Retrieved on: 
Tuesday, September 12, 2023

LAS VEGAS, NV, Sept. 12, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire -- In a strategic move to amplify their global presence, One World Products, Inc. ("OWP") (OTCQB: OWPC), the largest Black-controlled, fully-licensed hemp and cannabis producer in Colombia and a dominant entity in the hemp and cannabis production industry, has announced an exclusive collaboration with Smokiez Edibles. Through this significant partnership, OWP will become the singular producer and distributor of the widely-acclaimed Smokiez Gummies in the Colombian territory.

Key Points: 
  • Through this significant partnership, OWP will become the singular producer and distributor of the widely-acclaimed Smokiez Gummies in the Colombian territory.
  • Isiah Thomas, Chairman, and CEO of One World Products, Inc., expressed his enthusiasm for the venture: "This partnership marks a monumental chapter in One World Products' growth narrative.
  • Smokiez unparalleled reputation for their vegan edibles is precisely the kind of innovation we want to introduce to our markets.
  • Ryan Wright, Co-Founder of Smokiez Edibles, added, "One World Products is an industry partner that aligns perfectly with Smokiez ethos and aspirations.

OneWorld Properties Partners with Social Gifting Marketplace CHEQ

Retrieved on: 
Tuesday, March 7, 2023

MIAMI, March 7, 2023 /PRNewswire/ -- OneWorld Properties, the Florida-based full-service brokerage firm offering elite services for luxury properties, is pleased to announce a partnership with CHEQ, the world's first social payments platform, as its official social gifting partner. The partnership will provide the firm's brokers with exclusive access and discounts to venues on the CHEQ Social Gifting Marketplace. This collaboration also marks CHEQ's first entry into the real estate industry, further expanding its capabilities as a mobile payments platform specifically focused on creating amazing in-person experiences for its users.

Key Points: 
  • Led by CEO Peggy Olin, OneWorld Properties has selected CHEQ, the world's first social payments platform, as the luxury real estate brokerage's exclusive social gifting platform
    MIAMI, March 7, 2023 /PRNewswire/ -- OneWorld Properties, the Florida-based full-service brokerage firm offering elite services for luxury properties, is pleased to announce a partnership with CHEQ, the world's first social payments platform, as its official social gifting partner.
  • The partnership will provide the firm's brokers with exclusive access and discounts to venues on the CHEQ Social Gifting Marketplace.
  • OneWorld Properties partners with CHEQ, the social gifting marketplace
    CHEQ allows friends and colleagues to send food, drink, and gifts to one another from anywhere in the world in real time.
  • "OneWorld Properties is thrilled to partner with CHEQ as our official social gifting platform.

One World Products Secures Additional Equity Funding and Access up to Additional $10 Million

Retrieved on: 
Wednesday, October 5, 2022

LAS VEGAS, Oct. 5, 2022 /PRNewswire/ -- One World Products, Inc. (OTCQB: OWPC) (the "Company" and "OWP"), the largest Black-controlled, fully-licensed hemp and cannabis producer in Colombia, today announced that it has filed its S-1 with the Securities and Exchange Commission as part of the recently announced common stock purchase agreement and registration rights agreement (together, the "Agreements") with an institutional investor for up to $10 million worth of shares issuable over a 36-month period, based upon the current market price of the stock at the time.  Upon filing the S-1, the institutional investor has made its second fixed-price follow-on equity investment of $150,000, which is also subject to Rule 144 and a 6-month holding period.  Both of these fixed-price equity investments were priced at $0.15 per share.

Key Points: 
  • Their second equity investment provides additional capital that will be used to continue to scale our operations in Colombia, enhance industrial sales of hemp products to customers and expand our carbon credits program.
  • A more detailed description of the Agreements was set forth in One World Products' Current Reports on Form 8-K as filed with the SEC.
  • One World Products is the largest Black-controlled, fully licensed hemp and cannabis producer with offices in Las Vegas, Nevada, and offices and operations in Bogota and Popayan, Colombia.
  • Mr. Thomas' business interests include sports and entertainment, real estate, waste management, hemp, cannabis, and a CBD personal products company, among others.

One World Products Establishes Common Stock Equity Agreement to Support its Growth

Retrieved on: 
Wednesday, September 14, 2022

LAS VEGAS, Sept. 14, 2022 /PRNewswire/ -- One World Products, Inc. (OTCQB: OWPC) (the "Company" and "OWP"), the largest Black-controlled, fully-licensed hemp and cannabis producer in Colombia, today announced that it entered into a common stock purchase agreement and registration rights agreement (together, the "Agreements") with an institutional investor for up to $10 million worth of shares issuable over a 36-month period time, based upon the current market price of the stock at the time.  Separately, upon entering into the Agreements, the investor made an initial fixed price equity investment of $150,000, which is subject to Rule 144 and a 6-month holding period. The Company also announced the appointment of a new independent director to its Board of Directors, Terry L. Buffalo.

Key Points: 
  • Of note, the common stock equity agreement will provide us additional growth capital to increase our sales and is at our control and discretion in regard to the amounts and timing.
  • We believe this financing is not dilutive to current shareholders and enhances our value by increasing our cash and shareholder equity positions over time.
  • We are confident that this capital structure will support our operational cash flow requirements while providing the flexibility to achieve our growth targets.
  • We also thank Mr. Raben for his support of our early-stage growth and wish him well as he leaves to pursue other opportunities."

ISIAH International and One World Products Take Next Steps Towards Commercializing its Carbon Credit Opportunities

Retrieved on: 
Wednesday, June 8, 2022

LAS VEGAS, June 8, 2022 /PRNewswire/ -- ISIAH International, LLC and One World Products, Inc. (OTCQB: OWPC) (the "Company" and "OWP"), the largest Black-controlled, fully-licensed hemp and cannabis producer in Colombia, today announced that while attending a special joint U.S.-Colombian Embassy event in Washington, DC commemorating 200 years of diplomatic relations between Colombia and the United States, Mr. Isiah Thomas, OWP's Chief Executive Officer, met with AMUNAFRO's Executive Director, Mr. Jaime Asprilla, to move forward with plans to commercialize the vast carbon credit opportunities contained within its control of approximately 1.2 million acres of farmland in Colombia. 

Key Points: 
  • Industrial hemp has been proven to absorb more CO2 per acre than any forest or commercial crop, making it the ideal carbon sink.
  • About Isiah Thomas and ISIAH International, LLC
    Isiah Thomas was inducted into the National Basketball Association (NBA) Hall of Fame in 2000 after spending his entire career with the Detroit Pistons.
  • His portfolio of companies was developed through Isiah International, Inc., which invests in companies with strong market positions and growth potential.
  • Mr. Thomas' business interests include sports and entertainment, real estate, waste management, hemp, cannabis, and a CBD personal products company, among others.

ONE WORLD PRODUCTS' CHAIRMAN & CEO, ISIAH THOMAS, TO VISIT COLOMBIA THIS WEEK

Retrieved on: 
Monday, April 25, 2022

LAS VEGAS and BOGOTÁ, Colombia, April 25, 2022 /PRNewswire/ -- One World Products, Inc. (OTCQB: OWPC) ("One World," "OWP," or the "Company"), the largest Black-controlled, fully-licensed hemp and cannabis producer in Colombia, is pleased to announce that its Chairman and CEO, Isiah Thomas, will visit Cali and Bogotá in Colombia from April 26-28, 2022.

Key Points: 
  • "Our partnership will also serve as a vehicle for creating a database of public and private organizations in Colombia to create a clearinghouse for synergy and growth," continued Mr. Thomas.
  • Isiah Thomas was inducted into the National Basketball Association (NBA) Hall of Fame in 2000 after spending his entire career with the Detroit Pistons.
  • One World Products is the largest Black-controlled, fully licensed hemp and cannabis producer with offices in Las Vegas, Nevada, and offices and operations in Bogota and Popayan, Colombia.
  • One World Products planted its first crop of cannabis in 2018 at its cultivation site in Popayan, Colombia, and began harvesting commercially in the first quarter of 2020.