Company: BUDZ
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001096906-25-000350
Chunk: 335

Company: WEED, INC.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 2
Chunk 335
---
of Incorporation, pursuant to which 20,000,000 shares of “blank check” preferred stock with a par value of $0.001 were authorized.
No series of preferred stock has been designated to date.

Common Stock

On December 5, 2014, the Company amended the Articles
of Incorporation, and increased the authorized shares to 200,000,000 shares of $0.001 par value common stock.

2024 Common Stock Activity 

Common Stock Sales (2024)

No stocks were issued during the year ended December
31, 2024.

Common Stock Issued for Services (2024)

During the quarter ended June 30, 2024, 1,750,000
shares of common stocks valued at $315,000 were issued for the services, and such amount has been included in subscriptions payable.

During the quarter ended June 30, 2024, the Company
agreed to issue an aggregate of 200,000 shares to consultants for services performed. The total fair value of common stock was $14,000
based on the closing price of the Company’s common stock earned on the measurement date.

Common Stock Cancellations

No common stocks were cancelled during the year ended
December 31, 2024.

2023 Common Stock Activity 

Common Stock Sales (2023)

No stocks were issued during the year ended December
31, 2023.

Common Stock Issued for Services (2023)

During the year ended December 31, 2023, 600,000 shares
of common stocks valued at $90,000 were not issued for the services, and such amount has been included in subscriptions payable.

Common Stock Cancellations

No common stocks were cancelled during the year ended
December 31, 2023.

    F-15

Note 10 – Stockholders’ Equity (Continued)

Common Stock Warrants and Options

2024 Common Stock Warrant Activity

Common Stock Warrants Granted (2024)

No common stock warrants were granted during the year
ended December 31, 2024.

Warrants Exercised (2024)

No warrants were exercised during the year ended December
31, 2024.

2023 Common Stock Warrant Activity

Common Stock Warrants Granted (2023)

No common stock warrants were granted during the year
ended December 31, 2023.

Warrants Exercised (2023)

No warrants were exercised during the year ended December
31, 2023