Company: BUDZ
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001096906-25-000350
Chunk: 218

Company: WEED, INC.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1C
Chunk 218
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 in 2019 - 2022. We will need to raise additional funds in order to complete the planned renovations and
pay the purchase price for the equipment.  On July 24, 2023, we sold another La Veta property for $1,800,000 and $988,375 was recorded
as gain on sale.

Previously, we also owned a $1.2 million dollar
property in Cucharus, CO that was used as WEED’s corporate headquarters that was to house Sangre personnel. This property was a
35 acre, 5300+ sq ft., hilltop custom log home. In May 2022 we sold this property for approximately $1.3 million.

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New York Property

On November 22, 2021, we
acquired certain improved property located in Westfield, New York from DiPaolo for a total purchase price of $477,000. The property is
approximately 43 acres and has unlimited water extraction rights from the State of New York. We plan to use this property as our inroads
to the New York hemp and infused beverage markets in the future. In order to execute our business plans related to the property we must
raise funds.

ITEM 3 – LEGAL PROCEEDINGS

In the ordinary course of
business, we are from time to time involved in various pending or threatened legal actions. The litigation process is inherently uncertain
and it is possible that the resolution of such matters might have a material adverse effect upon our financial condition and/or results
of operations. However, in the opinion of our management, other than as set forth herein, matters currently pending or threatened against
us are not expected to have a material adverse effect on our financial position or results of operations.

ITEM 4 – MINE SAFETY DISCLOSURES

There is no information
required to be disclosed under this Item.

19

PART II

ITEM 5 – MARKET FOR REGISTRANT’S
COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES

Market Information

Our common stock is currently
quoted on the OTCQB-tier of OTC Markets under the symbol “BUDZ.” We were originally quoted over-the-counter on November 2009.
We started being quoted on the OTCQB-tier of OTC Markets on September 13, 2018.  As of March 28, 2025, we had 123,482,685