Company: BUDZ
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001096906-25-000350
Chunk: 293

Company: WEED, INC.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 2
Chunk 293
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 in inconsistent practices. Further, our Board of Directors does not
currently have any independent members and no director qualifies as an audit committee financial expert as defined in Item 407(d)(5)(ii)
of Regulation S-K. Since these entity level programs have a pervasive effect across the organization, management has determined that these
circumstances constitute a material weakness.

4. We have no formal process
related to the identification and approval of related party transactions.

To address these material
weaknesses, management performed additional analyses and other procedures to ensure that the financial statements included herein fairly
present, in all material respects, our financial position, results of operations and cash flows for the periods presented. Accordingly,
we believe that the consolidated financial statements included in this report fairly present, in all material respects, our financial
condition, results of operations and cash flows for the periods presented.

(c) Remediation of Material Weaknesses

In order to remediate the
material weakness in our documentation, evaluation and testing of internal controls, we hope to hire additional qualified and experienced
personnel to assist us in remedying this material weakness.

(d) Changes in Internal Control over Financial
Reporting

There are no changes to
report during our fiscal quarter ended December 31, 2024.

ITEM 9B – OTHER INFORMATION

There are no events required
to be disclosed by the Item.

ITEM 9C – DISCLOSURE REGARDING FOREIGN JURISDCITIONS THAT
PREVENT INSPECTIONS

Not applicable.

28

PART III

ITEM 10 – DIRECTORS, EXECUTIVE OFFICERS
AND CORPORATE GOVERNANCE

Directors and Executive Officers

The following table sets
forth the names and ages of the current directors and executive officers of the Company, the principal offices and positions with the
Company held by each person and the date such person became a director or executive officer of the Company. The executive officers of
the Company are elected annually by the Board of Directors. The directors serve one-year terms until their successors are elected. The
executive officers serve terms of one year or until their death, resignation or removal by the Board of Directors. Unless described below,
there are no family relationships among any of the directors and officers.

    Name
     
    Age
     
    Position(s)

    Glenn E. Martin
     
    71
     
    President, Chief Executive Officer, Chief Financial Officer and a Director

    Nicole M. Breen
     
    48