Company: LIFD
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001096906-25-000346
Chunk: 223

Company: LFTD PARTNERS INC.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1
Chunk 223
---
. The foregoing risks may have a material adverse effect on our Company and the trading price of our common stock. 

Lifted may be subject to personal injury or workman’s compensation claims 

If notwithstanding appropriate training protocols and safety measures, Lifted’s employees are injured or killed on the job, Lifted may be subject to personal injury or workman’s compensation claims. Defending these claims may require the expenditure of substantial management time and legal fees, and may result in material judgments or settlements that may or may not be covered by insurance. Such settlements or judgments related to personal injury or workman’s compensation claims may have a material adverse effect on our business, reputation, financial condition or results of operations. The foregoing risks may have a material adverse effect on our Company and the trading price of our common stock.

Litigation regarding Lifted’s business and products, and related unfavorable media attention, may expose Lifted to significant liabilities and reduce demand for its products

From time to time third parties may claim that certain statements made in Lifted’s advertisements, certificates of analysis and/or on the labels of its products were false and/or misleading or otherwise not in compliance with standards applicable to food, other edibles, or non-prescription cannabinoid formulations under local, state or federal law, and/or that Lifted's products are not safe. Pending or threatened business-related and product-related litigation may consume significant financial and managerial resources and result in decreased demand for Lifted’s products, significant monetary awards against Lifted, and injury to Lifted’s and its management’s reputations. The foregoing risks may have a material adverse effect on our Company and the trading price of our common stock.

Criticism of Lifted’s products and/or criticism or a negative perception of Lifted’s industry, could adversely affect Lifted

Unfavorable reports on the health effects or pricing of Lifted’s products, including product safety concerns, whether generated by scientists, researchers, journalists, consumers, government regulators, industry groups, or on social media may have an adverse effect on Lifted’s business, financial condition and results of operations. The foregoing risks may have a material adverse effect on our Company and the trading price of our common stock.

Vape, e-liquid, e-cigarette, and nicotine product risks

Some of Lifted’s inhalable products may contain nicotine or other substances. There is a risk that Lifted may be targeted by regulators or consumers with claims that its products are unsafe for vaping or consumption. The market for vapes, e-liquid, e