Company: BUDZ
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001096906-25-000350
Chunk: 162

Company: WEED, INC.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1B
Chunk 162
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17 States that have implemented or approved the “Adult Use” i.e. recreational psychoactive aspects of high THC usage of
cannabis.

In conjunction with WEED
Israel Cannabis Ltd., we made arrangements with Professor Elka Touitou to be available to be the head of WEEDs Israeli Advisory Board
to lead and assist us with clinical trials in cannabis & hemp research studies in Israel. Professor Touitou was the Head of the Innovative
Dermal, Transdermal and Transmucosal Delivery Lab at the Institute of Drug Research, The School of Pharmacy, HUJ, now retired but still
has HUJ clinical trial & independent studies/lab privileges. Professor Touitou is an internationally renowned authority in the field
of drug delivery and design of new technologies for efficient administration of drugs and development of new products. Professor Touitou
has been involved in Cannabinoid research since 1988 at The Hebrew University of Jerusalem, (HUJ) Jerusalem, Israel. Previously, WEED
was in the process of buying Professor Touitou’s various patents to include the bioavailability aspects of the cannabaceae plant.
However, after expending over $500,000 USD to acquire the Professor Touitou’s patents, we had to terminate 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