Company: BUDZ
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001096906-25-000350
Chunk: 323

Company: WEED, INC.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 2
Chunk 323
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 IN) FINANCING ACTIVITIES 
     285,269  
     (587,979)

    NET CHANGE IN CASH 
     (130,255) 
     (30,993)

    EFFECT OF EXCHANGE RATE ON CASH 
     (799) 
     5,576 

    CASH, BEGINNING OF PERIOD 
     290,409  
     315,826 

    CASH, END OF PERIOD 
    $159,355  
    $290,409 

    SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION 

    Cash paid during the years ended December 31: 

    Income taxes 
    $399  
    $980 
  
    Interest paid 
    $1,216  
    $31,622 

The accompanying notes are an integral part of the
consolidated financial statements

F-7

WEED, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

December 31, 2024

(Audited)

Note 1 – Nature of Business and Significant
Accounting Policies

Nature of Business

WEED, Inc. (the “Company”), (formerly
United Mines, Inc.) was incorporated under the laws of the State of Arizona on August 20, 1999 (“Inception Date”) as Plae,
Inc. to engage in the exploration of gold and silver mining properties. On November 26, 2014, the Company was renamed from United Mines,
Inc. to WEED, Inc. and was repurposed to pursue a business involving the purchase of land, and building Commercial Grade “Cultivation
Centers” to consult, assist, manage & lease to Licensed Dispensary owners and organic grow operators on a contract basis, with
a concentration on the legal and medical marijuana sector. The Company’s plan is to become a True “Seed-to-Sale” company
providing infrastructure, financial solutions and real estate options in this new emerging market. The Company, under United Mines, was
formerly in the process of acquiring mineral properties or claims located in the State of Arizona, USA. The name was previously changed
on February 18, 2005 to King Mines, Inc. and then subsequently changed to United Mines, Inc. on March 30, 2005. The Company trades on
the OTC Pink Sheets under the stock symbol: BUDZ.

On April