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One World Products Inc - OWPC STOCK NEWS

Welcome to our dedicated news page for One World Products (Ticker: OWPC), a resource for investors and traders seeking the latest updates and insights on One World Products.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect One World Products's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of One World Products's position in the market.

News
One World Products, Inc. Secures Exclusive Rights With Procepack for State-of-the-Art PreRoll-Er Equipment in Colombia
Rhea-AI Summary
One World Products, Inc. (OWP) announces an exclusive agreement with Procepack Corp. for advanced PreRoll-Er™ systems in Colombia, boosting production capabilities significantly. The agreement ensures OWP's access to cutting-edge technology to meet growing demand in the global cannabis market.
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One World Products Launches Pro-11 CBD-Enriched Performance Muscle Rub
Rhea-AI Summary
One World Products, Inc. introduces Pro-11, a high-performance CBD-enriched muscle rub, in collaboration with Kx Family Care led by Stephen Marley and NBA Hall of Famer Isiah Thomas. The partnership includes a $400,000 strategic investment by Kx Family Care in OWP to expand operations in Colombia. Pro-11, designed for athletes, offers rapid absorption, deep muscle penetration, and a non-greasy finish. The product aims to enhance athletic performance and recovery, combining science and nature to provide natural, health-forward solutions. Pro-11 will be available Direct-to-Consumer from March 15, 2024.
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5.2%
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One World Products Confirms That Its Colombian Cannabis Operations are Unaffected by Recent Regulatory Developments in Colombia
Rhea-AI Summary
One World Products, Inc. (OWPC), a hemp and cannabis producer in Colombia, remains unaffected by recent regulatory and political hurdles in the country. The company's focus on international markets and medicinal applications insulates it from uncertainties surrounding the domestic Colombian THC market. Agreements with Smokiez Edibles and Kx Family Care are expected to ramp up operations in early 2024, and the company's THC products are intended for the international market. However, Colombia's cannabis industry is facing a crisis due to regulatory and political challenges, including efforts to legalize recreational use stumbling in Congress and a regulatory directive mandating the destruction of old cannabis inventory. One World Products' shares outstanding slightly increased from 78.3 million to 79.8 million as of January 15, 2024.
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-2.3%
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One World Products, Inc. Announces Reorganization Plan to Optimize Global Operations
Rhea-AI Summary
One World Products, Inc., a hemp and cannabis producer in Colombia, announced a strategic reorganization plan for its subsidiary, OWP-Colombia, under Colombian Law 1116 of 2006. The reorganization aims to optimize operations, focus on growth, and honor past commitments. The company will continue its extraction operations in Colombia without interruption and has established key partnerships with market leaders in the cannabis and organic cosmetics sectors. The reorganization will enhance efficiencies and allow the company to concentrate on its core strategic initiatives for the future. OWP's partnership and distribution agreements with Smokiez Edibles and the Marley family’s Kx Family Care remain top priorities and will continue their commercial development as planned in early 2024. The company is also advancing its plans to acquire a new fully-licensed subsidiary within the Bogotá Free Trade Zone to streamline operational efficiencies and generate revenue in line with current business projections.
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-17.29%
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One World Products Inc. Partners With Stephen Marley’s Kx Family Care for Strategic Partnership
Rhea-AI Summary
One World Products, Inc. ($OWPC) and Kx Family Care have formed a strategic alliance to expand their global reach in the wellness sector. One World Products will be the sole producer and distributor of Kx Family Care products in Colombia and Latin America, utilizing its state-of-the-art facilities in the Colombian Free Trade Zone. The partnership aims to leverage Kx Family Care's user base and establish a stronger presence in international markets. Isiah Thomas, Chairman, and CEO of One World Products, expressed enthusiasm for the venture, emphasizing the shared vision for wellness and the sustainable future of personal care. Stephen Marley, founder of Kx Family Care, highlighted the importance of supporting the healing and regenerative uses of the cannabis plant, while Shelly O'Neill, Co-Founder and CEO of Kx Family Care, emphasized the significance of the partnership in promoting the 'Kaya Lifestyle' movement.
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-4.69%
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One World Products, Inc. Partners With Smokiez Edibles for Potential $20 Million Annual Revenue in Colombia and Millions More Globally
Rhea-AI Summary
One World Products secures exclusive production and distribution of Smokiez Gummies in Colombia, with plans for global expansion.
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19.35%
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partnership
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One World Products Issues Shareholder Update Letter Providing Review of 2022 and Business Outlook for 2023
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7.14%
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One World Products Appoints Joerg Sommer as President
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-10.02%
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One World Products Brings Back Co-Founder Carlos DeFex as Director International Operations
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1.32%
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One World Products Engages ClearThink IR to Lead Expanded Investor Relations Program
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One World Products Inc

OTC:OWPC

OWPC Rankings

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OWPC Stock Data

5.68M
29.55M
47.21%
Software and Other Prerecorded Compact Disc, Tape, and Record Reproducing
Manufacturing
Link
US
Las Vegas

About OWPC

one world pharma, inc. focuses on producing and manufacturing raw cannabis and hemp plant ingredients for medical and industrial uses. it intends to cultivate, process, and supply cannabis oil, distillate, and isolate to customers' specification. the company was founded in 2017 and is headquartered in las vegas, nevada.