Company: BUDZ
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001096906-25-000350
Chunk: 336

Company: WEED, INC.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 2
Chunk 336
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The stock option will expire on the tenth anniversary
of the granted date, which is February 1, 2028. As of December 31, 2024, the stock option will expire in 37 months.

A summary of the Company’s stock option activity and related information
is as follows:

    Schedule of stock option activity 

    For the year ended December 31, 2023 

    Number of  
    Average 

    Shares  
    Price 
  
    Outstanding at the beginning of period 
    $6,000,000  
    $10.55 
  
    Granted 
        
     - 
  
    Exercised/Expired/Cancelled 
     -  
     - 
  
    Outstanding at the end of period 
     6,000,000  
    $10.55 
  
    Exercisable at the end of period 
     6,000,000  
    $10.55 

    For the year ended December 31, 2024 

    Number of  
    Average 

    Shares  
    Price 
  
    Outstanding at the beginning of period 
    $6,000,000  
    $10.55 
  
    Granted 
     -  
     - 
  
    Exercised/Expired/Cancelled 
     -  
     - 
  
    Outstanding at the end of period 
     6,000,000  
    $10.55 
  
    Exercisable at the end of period 
     6,000,000  
    $10.55 

Note 11 – Other Income

During the year ended December 31, 2024, the Company received a $35,000 settlement from the Titan laboratory deal. This amount represents
refunds from the prepaid rent of a purchase deal that fell through in 2023.

F-16

Note 12 – Income Tax

The Company accounts for income taxes under FASB ASC
740-10, which requires use of the liability method. FASB ASC 740-10-25 provided that deferred tax assets and liabilities, are recorded
based on the differences between the tax bases of assets and liabilities and their carrying amounts for financial reporting purposes,
referred to as temporary differences.

For the years ended December 31, 2024 and year ended
December 31, 2023, the Company incurred a net operating