Company: BUDZ
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001096906-25-000350
Chunk: 221

Company: WEED, INC.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1C
Chunk 221
---
 business, financial condition, and results of operations and prospects.

Overview

Currently, WEED and its
subsidiaries are working on or planning for several different business opportunities in the cannabis & hemp field, including, but
not limited to: both indoor and outdoor “grows”, cultivations & harvest for research, product development, processing
and manufacturing of both Pharma & non-Pharma products, services, therapeutics, and treatments on a global basis for both the Medical
Cannabis & Hemp (<.03 thc) global market space. Long terms goals include hopeful cures for many diseases and ailments for both
man & animals utilizing the Cannabaceae plant and its derivatives. We will need additional financing to attempt to accomplish these
goals.

Second, on November 22,
2021, WEED completed the purchase of the Sugar Hill Golf course property located in the town of Portland, New York. WEED’s acquisition
of this ~43 acre property with ~2000 ft. of Lake Erie waterfront also comes with the “unlimited water extractions rights”
from Lake Erie related to the property, along with a complete wastewater management plant. WEED’s initial plan is to utilize the
property to access the hemp and infused beverage markets as our property in the middle of the largest concord grape producing region of
the United States. In the future, WEED may look to use the unique property infrastructure to build a luxury condos & resort development
in the most natural settings to be ESG compliant in conjunction to WEEDs forming its Social Equity Advisory Council (SEAC) to create Diversity
& Equality in our industry. This project is only in its conceptual stage, no funding or plans have been developed other than the proposed
name: The 4 Winds Luxury condos & resort to be “Cannabis Friendly” which would be a “FIRST” in the nation.

Third, WEED established
WEED Australia Ltd. and its wholly owned Cannabis Institute of Australia (C.I.A.) in Australia in March of 2017, for the purpose of conducting
cannabis and hemp research and potentially developing products and educational services in and for Australians as stated above. C.I.A.
is a non-profit entity formed for the purpose of conducting cannabis and hemp research with universities and other non-profits to protect
all intellectual rights, properties and usage in our highly regulated industry. The C.I.A. has the potential to develop products in Australia
for domestic research and development of products, services and educational purposes to