Company: BUDZ
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001096906-25-000350
Chunk: 219

Company: WEED, INC.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1C
Chunk 219
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 shares
of our common stock outstanding. Over-the-counter market quotations on the OTCQB reflect inter-dealer prices, without retail mark-up,
mark-down or commission and may not necessarily represent actual transactions.

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.

We have not adopted any
stock option or stock bonus plans.

Holders

As of December 31, 2024,
there were 123,482,685 shares of our common stock outstanding held by approximately 281 holders of record and numerous shares held in
brokerage accounts. As of March 28, 2025, there were 123,482,685 shares of our common stock outstanding held by 281 holders of record.
Of these shares, 48,090,680 were held by non-affiliates. As of June 30, 2024, we had 47,210,680 shares held by non-affiliates. On the
cover page of this filing we value the 47,210,680 shares held by non-affiliates as of June 30, 2024 at $4,248,961. These shares were valued
at $0.09 per share, based on our closing share price on June 30, 2024.

As of December 31, 2024,
we did not have any shares of preferred stock issued or outstanding.

Warrants and Other Convertible Instruments

We do not currently have
any warrants outstanding to purchase our common stock. All the warrants we previously issued have expired by their terms.

Dividends

There have been no 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