Company: BUDZ
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001096906-25-000350
Chunk: 24

Company: WEED, INC.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1
Chunk 24
---
 rights, including patent rights through lawsuits, interference or opposition proceedings, and other legal and
administrative proceedings, would be costly and divert our technical and management personnel from their normal responsibilities. An adverse
determination of any litigation or defense proceedings could put our pending patent applications at risk of not being issued.

Furthermore, because of
the substantial amount of discovery required in connection with intellectual property litigation, there is a risk that some of our confidential
information could be compromised by disclosure during this type of litigation. For example, during the course of this kind of litigation,
confidential information may be inadvertently disclosed in the form of documents or testimony in connection with discovery requests, depositions
or trial testimony. This disclosure could have a material adverse effect on our business and our financial results.

We may be involved
in litigation at some in the future.

In the ordinary course of
business, we are from time to time involved in various pending or threatened legal actions. The litigation process is inherently uncertain
and it is possible that the resolution of such matters might have a material adverse effect upon our financial condition and/or results
of operations. Litigation is also expensive and could cause us to spend substantial sums on legal fees even if we are eventually successful
in the litigation.

We have several opportunities
that we may not be able to take advantage of or close without substantial funding.

As detailed elsewhere in
this Annual Report we have several business opportunities that we either cannot continue or cannot begin without raising substantial funds
either in this Offering or through other sources. Notably, we have closed on the golf course property in New York and we have an opportunity
to enter the hemp and infused beverage market since the property has water extraction rights. However, like our other business opportunities
we will need to raise substantial funds to execute on these business plans.

Our common stock has
been thinly traded and we cannot predict the extent to which a trading market will develop.

Our common stock is traded
on the OTC Markets’ “OTCQB” tier. Our common stock is thinly traded compared to larger more widely known companies.
Thinly traded common stock can be more volatile than common stock trading in an active public market. We cannot predict the extent to
which an active public market for our common stock will develop or be sustained after this Offering.

Because we are subject
to the “penny stock” rules, the level of trading activity in our stock may be reduced.

Our common stock is traded
on the OTC Markets’ “OTCQB” tier. Broker