Company: BUDZ
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001096906-25-000350
Chunk: 91

Company: WEED, INC.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1A
Chunk 91
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 funded with a strong and experienced lobby that
eclipses the funding of the medical cannabis movement. Any inroads the pharmaceutical industry could make in halting or impeding the cannabis
industry could have a detrimental impact on our proposed business.

Cannabis remains illegal
under Federal law.

Cannabis is a schedule-I
controlled substance and is illegal under federal law. Even in those states in which the use of cannabis has been legalized, its production
and use remains a violation of federal law. Since federal law criminalizing the use of cannabis preempts state laws that legalize its
use, strict enforcement of federal law regarding cannabis would likely result in our inability to proceed with our business plan.

Laws and regulations
affecting the medical cannabis industry are constantly changing, which could detrimentally affect our proposed operations.

Local, state and federal
medical cannabis laws and regulations are broad in scope and subject to evolving interpretations, which could require us to incur substantial
costs associated with compliance or alter our business plan. In addition, violations of these laws, or allegations of such violations,
could disrupt our business and result in a material adverse effect on our operations. In addition, it is possible that regulations may
be enacted in the future that will be directly applicable to our proposed business. We cannot predict the nature of any future laws, regulations,
interpretations or applications, nor can we determine what effect additional governmental regulations or administrative policies and procedures,
when and if promulgated, could have on our business.

If we are unable to
recruit and retain qualified personnel, our business could be harmed.

Our growth and success highly
depend on qualified personnel. Competition in the industry could cause us difficulty in recruiting or retaining a sufficient number of
qualified technical personnel, which could harm our ability to develop new products. Also, the fact cannabis remains illegal at the federal
level may dissuade qualified personnel from working in the cannabis industry, thus limiting the pool of qualified individuals to run our
business. If we are unable to attract and retain necessary key talents, it would harm our ability to develop competitive product and retain
good customers and could adversely affect our business and operating results.

We may be unable to
adequately protect our proprietary rights.

Our ability to compete partly
depends on the superiority, uniqueness and value of our intellectual property. To protect our proprietary rights, we will rely on a combination
of patent, copyright and trade secret laws, confidentiality agreements with our employees and third parties, and protective contractual
provisions.