Company: BUDZ
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001096906-25-000350
Chunk: 489

Company: WEED, INC.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 5
Chunk 489
---
, pension plan, profit sharing or other retirement plan, although it
may adopt one or more of such plans in the future.

Share Issuances

On June 18, 2018, we issued
an aggregate of 100,000 shares of our common stock to Patrick E. Williams, who at the time was one of our Directors and an officer of
Sangre for services rendered. The total fair value of the stock was $514,000 based on the closing price of our common stock on the date
of grant.

On October 1, 2016, we granted
7,000,000 shares of common stock to Glenn E. Martin, our Chief Executive Officer, as a bonus for services to be performed from January
1, 2017 to December 31, 2022, as our primary executive officer, pursuant to an amended employment agreement. The total fair value of the
common stock was $700,000 based on the closing price of our common stock on the date of grant.

In addition, on October
1, 2016, we granted a total of 14,000,000 shares of common stock to Glenn E. Martin, our Chief Executive Officer, for services performed
from January 1, 2015 to December 31, 2016, as our primary executive officer, pursuant to his previous employment agreement. The total
fair value of the common stock was $1,400,000 based on the closing price of our common stock on the date of grant.

On October 1, 2016, we granted
4,000,000 shares of common stock to Nicole Breen, our Secretary and Treasurer, for services to be performed from January 1, 2017 to December
31, 2022, in those capacities, pursuant to an amended employment agreement. The total fair value of the common stock was $400,000 based
on the closing price of our common stock on the date of grant.

In addition, on October
1, 2016, we granted a total of 8,000,000 shares of common stock to Nicole, our Secretary and Treasurer, for services performed from January
1, 2015 to December 31, 2016, in those capacities, pursuant to their previous employment agreement. The total fair value of the common
stock was $800,000 based on the closing price of our common stock on the date of grant.

On January 1, 2015, we granted