One World Produc Stock Price, News & Analysis

One World Products, Inc. (OTCQB: OWPC) has announced the appointment of Carlos DeFex as Director of International Operations. DeFex, a co-founder of OWPC, brings extensive experience from multinational companies, particularly in luxury brand management and operational excellence. His role is seen as pivotal as the company prepares to scale its operations in the hemp and cannabis sectors. Chairman and CEO Isiah Thomas expressed confidence in DeFex's capability to enhance brand development and operational efficiency. OWPC is positioned as the largest Black-controlled hemp and cannabis producer in Colombia, aiming for significant growth in international markets.

One World Products, Inc. (OTCQB: OWPC), a major Black-controlled hemp and cannabis producer in Colombia, has engaged ClearThink IR to enhance its investor outreach and communications. CEO Isiah Thomas stated that the company is poised for growth, with necessary licenses, equipment, and marketing deals in place. ClearThink IR aims to elevate investor relations by broadening exposure and effectively communicating the company's strategy and milestones. The firm specializes in connecting underfollowed companies with sophisticated investors, further enhancing One World Products' visibility in the market.

One World Products (OTCQB: OWPC) announced a $10 million equity financing agreement with an institutional investor over 36 months. The initial investment is $150,000 at a fixed price, believed to enhance shareholder value and support operational growth in Colombia's hemp and cannabis sector. CEO Isiah Thomas emphasized that the funding will not dilute current shares and aims for a major U.S. exchange listing in 2023. Additionally, Terry L. Buffalo was appointed as an independent director, bringing over 25 years of industry experience.

One World Products, Inc. (OTCQB: OWPC) has strengthened its partnership with AMUNAFRO to develop a significant carbon capture and hemp production initiative in Colombia. This collaboration, announced by CEO Isiah Thomas during a U.S.-Colombian Embassy event, aims to commercialize carbon credits from approximately 1.2 million acres of farmland. The company anticipates generating hundreds of millions in annual revenue from carbon credit sales alone. The partnership signifies a major step toward enhancing sustainability and providing economic benefits to Afro-Colombian communities.

On May 18, 2022, One World Products, Inc. (OTCQB: OWPC), a leading Black-controlled hemp producer, announced the hiring of three automotive industry veterans: Fred Massat, Larry Lyons, and Edward Luibrand. With over 110 years of combined experience, their expertise will support the company's effort to develop sustainable hemp-based bioplastic solutions for automotive giants like Stellantis. CEO Isiah Thomas emphasized the importance of these new hires as part of a commitment to reducing petroleum-based plastic consumption in the automotive sector, aiming to minimize carbon footprints.

One World Products (OTCQB: OWPC) has announced a groundbreaking partnership with Amunafro to control over 1,000,000 acres in Colombia for industrial hemp production. This historic agreement aims to support Indigenous and Afro-Colombian communities while contributing to eco-friendly products that reduce carbon emissions. CEO Isiah Thomas highlighted the significance of this collaboration for environmental sustainability and social equity. The company aims to become the largest Black-owned land organization in the Americas, emphasizing ESG standards in its operations.

One World Products (OTCQB: OWPC), led by Chairman and CEO Isiah Thomas, will embark on a visit to Cali and Bogotá, Colombia from April 26-28, 2022. This visit is significant as it marks the first trip without COVID-19 travel restrictions. The company aims to strengthen its partnership with the National Association of Mayors of Municipalities with Afro-Colombian population (AMUNAFRO) to enhance economic viability in Afro-Colombian communities. The partnership intends to establish a consortium for small businesses focused on cultivating industrial hemp, promoting trade, education, and sustainable growth.

One World Products (OTCQB: OWPC), the largest Black-controlled hemp and cannabis producer in Colombia, announced that Chairman and CEO Isiah Thomas will be the opening keynote speaker at the 2022 Benzinga Cannabis Conference on April 20-21. Thomas highlighted the company's commitment to environmental, social, and governance (ESG) standards, noting significant advancements since its inception, including the establishment of scalable production facilities and a portfolio of licensed genetic strains. One World aims to lead in sustainable solutions for various industries as interest in hemp grows.

One World Products, Inc. (OTC: OWPC) has appointed Timothy Woods as the new Chief Financial Officer, focusing on enhancing the financial team as the company expands its global cannabis and hemp operations. Woods brings extensive experience from Fortune 500 companies and emphasizes leveraging partnerships, particularly with Stellantis, to drive growth in sustainable solutions. He has held significant roles at various firms, including WGL Holdings and Freddie Mac, and has a strong background in business development and financial management.