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

Company: WEED, INC.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1
Chunk 25
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-dealer practices in connection with transactions in “penny stocks”
are regulated by certain penny stock rules adopted by the Securities and Exchange Commission. Penny stocks, like shares of our common
stock, generally are equity securities with a price of less than $5.00, other than securities registered on certain national securities
exchanges or quoted on NASDAQ. The penny stock rules require a broker-dealer, prior to a transaction in a penny stock not otherwise exempt
from the rules, to deliver a standardized risk disclosure document that provides information about penny stocks and the nature and level
of risks in the penny stock market. The broker-dealer also must provide the customer with current bid and offer quotations for the penny
stock, the compensation of the broker-dealer and its salesperson in the transaction, and, if the broker-dealer is the sole market maker,
the broker-dealer must disclose this fact and the broker-dealer’s presumed control over the market, and monthly account statements
showing the market value of each penny stock held in the customer’s account. In addition, broker-dealers who sell these securities
to persons other than established customers and “accredited investors” must make a special written determination that the
penny stock is a suitable investment for the purchaser and receive the purchaser’s written agreement to the transaction. Consequently,
these requirements may have the effect of reducing the level of trading activity, if any, in the secondary market for a security subject
to the penny stock rules, and investors in our common stock may find it difficult to sell their shares.

17

ITEM 1B – UNRESOLVED STAFF COMMENTS

This Item is not applicable
to us as we are not an accelerated filer, a large accelerated filer, or a well-seasoned issuer; however, we have not received written
comments from the Commission staff regarding our periodic or current reports under the Securities Exchange Act of 1934 within the last
180 days before the end of our last fiscal year.

ITEM 1C – CYBERSECURITY

The identification, detection,
prevention and remediation of known or potential IT security vulnerabilities, including those arising from third-party hackers, hardware
or software, is extremely costly and time consuming. Company does not have the manpower, expertise or financial resources to effectively
identify, detect, prevent or remediate cybersecurity risks. No assurance or guarantee whatsoever can be given that Company will not be
damaged by the exploitation of its cybersecurity vulnerabilities.

During the year ended, we
did not identify any