Company: BUDZ
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001096906-25-000350
Chunk: 284

Company: WEED, INC.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 2
Chunk 284
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 the agreement in 2019
due to the downturn of the Cannabis marketplace, and specifically as to public cannabis companies, which could not be resumed due to the
Covid pandemic that was/is still ongoing globally. We have kept in constant contact with Professor Touitou thru our Managing Director
of WEED Israel, Mr. Elliot Kwestel. As of 2022, Dr. Touitou still has interest in working with WEED to complete the purchase of her patents
and begin clinical trials upon proper funding. WEED looks to achieve that funding thru offerings of our securities. 

Corporate Overview

We were originally incorporated
under the name Plae, Inc., in the State of Arizona on August 20, 1999. At the time we operated under the name Plae, Inc., no business
was conducted. No books or records were maintained and no meetings were held. In essence, nothing was done after incorporation until Glenn
E. Martin took possession of Plae, Inc. in January 2005. On February 18, 2005, the corporate name was changed to King Mines, Inc. and
then subsequently changed to its current name, United Mines, Inc., on March 30, 2005. No shares were issued until the Company became United
Mines, Inc. From 2005 until 2015, we were an exploration stage mineral exploration company that owned a number of unpatented mining claims
and Arizona State Land Department claims.

On November 26, 2014, our
Board of Directors approved the redomestication of our company from Arizona to Nevada (the “Articles of Domestication”), and
approved Articles of Incorporation in Nevada, which differed from then-Articles of Incorporation in Arizona, primarily by (a) changing
our name from United Mines, Inc. to WEED, Inc., (b) authorizing Twenty Million (20,000,000) shares of preferred stock, with blank check
rights granted to our Board of Directors, and (c) authorizing Two Hundred Million (200,000,000) shares of common stock (the “Nevada
Articles of Incorporation”). On December 19, 2014, the holders of a majority of our outstanding common stock approved the Articles
of Domestication and the Nevada Articles of Incorporation at a Special Meeting of Shareholders. On January 16, 2015, the Articles of Domestication
and the Nevada Articles of Incorporation went effective with