One World Products Issues Shareholder Update Letter
One World Products (OTCQB: OWPC), a fully-licensed hemp and cannabis producer, has issued a shareholder update letter. CEO Isiah Thomas and Director Ken Perego have invested $5 million personally into the company. Key updates include:
Automotive Industrial Hemp: The company is focusing on replacing plastics in automotive applications, leveraging a team with 60+ years of Stellantis experience. They've passed tests with ORBIS and Flex-N-Gate.
Pro-11: Their CBD muscle rub continues to receive positive feedback. The company is expanding product offerings and distribution channels.
Management: Chris Wolven, with 10+ years of cannabis industry experience, has joined the operational team.
Colombian Operations: OWPC has acquired Petalo Pharmaceutical SAS, transitioning to an asset-light model to reduce overhead and capital expenditure.
The company plans to increase visibility through press releases, conferences, roadshows, and investor calls.
One World Products (OTCQB: OWPC), un produttore di canapa e cannabis completamente autorizzato, ha emesso una lettera di aggiornamento per gli azionisti. Il CEO Isiah Thomas e il Direttore Ken Perego hanno investito personalmente 5 milioni di dollari nell'azienda. Tra gli aggiornamenti principali:
Canapa Industriale per Automotive: L'azienda si sta concentrando sulla sostituzione della plastica nelle applicazioni automobilistiche, contando su un team con oltre 60 anni di esperienza in Stellantis. Hanno superato i test con ORBIS e Flex-N-Gate.
Pro-11: Il loro unguento muscolare al CBD continua a ricevere feedback positivi. L'azienda sta ampliando l'offerta di prodotti e i canali di distribuzione.
Gestione: Chris Wolven, con oltre 10 anni di esperienza nell'industria della cannabis, si è unito al team operativo.
Operazioni in Colombia: OWPC ha acquisito Petalo Pharmaceutical SAS, passando a un modello leggero di asset per ridurre i costi generali e gli investimenti in capitale.
L'azienda prevede di aumentare la visibilità attraverso comunicati stampa, conferenze, roadshow e chiamate agli investitori.
One World Products (OTCQB: OWPC), un productor de cáñamo y cannabis completamente autorizado, ha emitido una carta de actualización para los accionistas. El CEO Isiah Thomas y el Director Ken Perego han invertido personalmente 5 millones de dólares en la empresa. Las actualizaciones clave incluyen:
Cáñamo Industrial Automotriz: La empresa se está enfocando en reemplazar plásticos en aplicaciones automotrices, aprovechando un equipo con más de 60 años de experiencia en Stellantis. Han aprobado pruebas con ORBIS y Flex-N-Gate.
Pro-11: Su bálsamo muscular de CBD continúa recibiendo comentarios positivos. La empresa está ampliando su oferta de productos y canales de distribución.
Dirección: Chris Wolven, con más de 10 años de experiencia en la industria del cannabis, se ha unido al equipo operativo.
Operaciones en Colombia: OWPC ha adquirido Petalo Pharmaceutical SAS, transicionando a un modelo ligero de activos para reducir los costos generales y el gasto de capital.
La empresa planea aumentar su visibilidad a través de comunicados de prensa, conferencias, roadshows y llamadas a inversores.
원월드 프로덕츠(OTCQB: OWPC)는 완전히 허가된 대마 및 대마초 생산업체로, 주주 업데이트 편지를 발송했습니다. CEO 이사이아 톰슨과 이사 켄 페레고는 회사에 개인적으로 500만 달러를 투자했습니다. 주요 업데이트는 다음과 같습니다:
자동차 산업 대마: 회사는 자동차 애플리케이션에서 플라스틱을 대체하는 데 주력하고 있으며, 60년 이상의 스텔란티스 경험을 가진 팀을 활용하고 있습니다. ORBIS와 Flex-N-Gate의 테스트를 통과했습니다.
Pro-11: 그들의 CBD 근육 마사지 크림은 계속해서 긍정적인 피드백을 받고 있습니다. 회사는 제품 제공 및 유통 채널을 확대하고 있습니다.
경영: 10년 이상의 대마초 산업 경험을 가진 크리스 울벤이 운영 팀에 합류했습니다.
콜롬비아 운영: OWPC는 페탈로 제약 SAS를 인수하여 경량 자산 모델로 전환하여 간접비용과 자본 지출을 줄이고 있습니다.
회사는 보도자료, 회의, 로드쇼 및 투자자 전화 통화를 통해 가시성을 높일 계획입니다.
One World Products (OTCQB: OWPC), un producteur de chanvre et de cannabis entièrement licencié, a émis une lettre de mise à jour des actionnaires. Le PDG Isiah Thomas et le directeur Ken Perego ont investi personnellement 5 millions de dollars dans l'entreprise. Les mises à jour clés incluent :
Chanvre Industriel Automobile: L’entreprise se concentre sur le remplacement des plastiques dans les applications automobiles, s'appuyant sur une équipe avec plus de 60 ans d’expérience chez Stellantis. Ils ont réussi des tests avec ORBIS et Flex-N-Gate.
Pro-11: Leur baume musculaire au CBD continue de recevoir des retours positifs. L'entreprise élargit son offre de produits et ses canaux de distribution.
Gestion: Chris Wolven, avec plus de 10 ans d'expérience dans l'industrie du cannabis, a rejoint l'équipe opérationnelle.
Opérations en Colombie: OWPC a acquis Petalo Pharmaceutical SAS, passant à un modèle léger en actifs afin de réduire les coûts indirects et les dépenses d'investissement.
L'entreprise prévoit d’augmenter sa visibilité à travers des communiqués de presse, des conférences, des roadshows et des appels avec les investisseurs.
One World Products (OTCQB: OWPC), ein vollständig lizenziertes Cannabis- und Hanfproduktionsunternehmen, hat einen Aktionärsupdate-Brief veröffentlicht. CEO Isiah Thomas und Direktor Ken Perego haben persönlich 5 Millionen Dollar in das Unternehmen investiert. Wichtige Updates umfassen:
Industriehanf für Automobile: Das Unternehmen konzentriert sich darauf, Kunststoffe in Automobilanwendungen zu ersetzen und nutzt ein Team mit über 60 Jahren Erfahrung bei Stellantis. Sie haben Tests mit ORBIS und Flex-N-Gate bestanden.
Pro-11: Ihr CBD-Muskelsalbe erhält weiterhin positive Rückmeldungen. Das Unternehmen erweitert die Produktpalette und die Vertriebskanäle.
Management: Chris Wolven, der über 10 Jahre Erfahrung in der Cannabisindustrie hat, ist dem Operationsteam beigetreten.
Kolumbianische Operationen: OWPC hat Petalo Pharmaceutical SAS übernommen und wechselt zu einem asset-light Modell, um die Gemeinkosten und Investitionen zu reduzieren.
Das Unternehmen plant, die Sichtbarkeit durch Pressemitteilungen, Konferenzen, Roadshows und Investorenanrufe zu erhöhen.
- Personal investment of $5 million by CEO and Director shows confidence in the company
- Passed rigorous tests with automotive industry partners ORBIS and Flex-N-Gate
- Expanding product offerings and distribution channels for Pro-11 CBD muscle rub
- Acquisition of Petalo Pharmaceutical SAS to complement asset-light model
- Addition of experienced cannabis industry professional Chris Wolven to the operational team
- Progress has been slower than anticipated
- No mention of current revenue figures or profitability
- Lack of specific timelines for securing purchase orders in the automotive sector
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
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
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
CEO of One World Products
For more information, please visit https://oneworldproducts.com/. #HempIsTheNewPlastic (TM)
Forward-Looking Statements:
This press release contains "forward-looking statements." Such statements may be preceded by the words "intends," "may," "will," "plans," "expects," "anticipates," "projects," "predicts," "estimates," "aims," "believes," "hopes," "potential," or similar words. Forward-looking statements are not guarantees of future performance, are based on certain assumptions and are subject to various known and unknown risks and uncertainties, many of which are beyond the Company's control, and cannot be predicted or quantified and consequently, actual results may differ materially from those expressed or implied by such forward-looking statements. More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company's filings with the Securities and Exchange Commission ("SEC"), including the Company's most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Investors and security holders are urged to read these documents free of charge on the SEC's website at www.sec.gov.
All forward-looking statements speak only as of the date on which they are made. The Company undertakes no obligation to update any forward-looking statement or statements to reflect events or circumstances after the date on which such statement was made, except to the extent required by applicable securities laws.
Investor Contact:
ClearThink IR
bloper@clearthink.capital
602-785-4120
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