Company: BUDZ
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001096906-25-000350
Chunk: 159

Company: WEED, INC.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1B
Chunk 159
---
 cash
dividends declared on our common stock, and we do not anticipate paying cash dividends in the foreseeable future. Dividends are declared
at the sole discretion of our Board of Directors.

Securities Authorized for Issuance Under Equity
Compensation Plans

There are no outstanding
options or warrants to purchase shares of our common stock under any equity compensation plans.

Currently, we do not have
any equity compensation plans. As a result, we did not have any options, warrants or rights outstanding under equity compensation plans
as of December 31, 2024.

Recent Issuance of Unregistered Securities

None.

If our stock is listed on
an exchange we will be subject to the Securities Enforcement and Penny Stock Reform Act of 1990 requires additional disclosure relating
to the market for penny stocks in connection with trades in any stock defined as a penny stock. The Commission has adopted regulations
that generally define a penny stock to be any equity security that has a market price of less than $5.00 per share, subject to a few exceptions
which we do not meet. Unless an exception is available, the regulations require the delivery, prior to any transaction involving a penny
stock, of a disclosure schedule explaining the penny stock market and the risks associated therewith.

20

ITEM 6 – [Reserved]

ITEM 7 – MANAGEMENT’S DISCUSSION
AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATION

Disclaimer Regarding Forward Looking Statements

Our Management’s Discussion
and Analysis or Plan of Operations contains not only statements that are historical facts, but also statements that are forward-looking.
Forward-looking statements are, by their very nature, uncertain and risky. These risks and uncertainties include international, national
and local general economic and market conditions; demographic changes; our ability to sustain, manage, or forecast growth; our ability
to successfully make and integrate acquisitions; raw material costs and availability; new product development and introduction; existing
government regulations and changes in, or the failure to comply with, government regulations; adverse publicity; competition; the loss
of significant customers or suppliers; fluctuations and difficulty in forecasting operating results; changes in business strategy or development
plans; business disruptions; the ability to attract and retain qualified personnel; the ability to protect technology; and other risks
that might be detailed from time to time in our filings with the Securities and Exchange Commission.

Although the forward-looking
statements in this Annual Report reflect the good faith judgment of our management, such statements can only be based on facts and factors