Welcome to our dedicated page for One World Produc news (Ticker: OWPC), a resource for investors and traders seeking the latest updates and insights on One World Produc stock.
One World Products, Inc. develops hemp and cannabis products and renewable industrial hemp materials under the OWPC symbol. Company news centers on Colombian hemp and cannabis operations, extraction and production capacity, operational restructuring, and commercial partnerships tied to CBD-enriched personal care, edible cannabis products, and automated pre-roll equipment.
Recurring updates also cover Pro-11, a CBD-enriched performance muscle rub; collaborations involving Kx Family Care and Smokiez Edibles; and hemp-based molded reusable containers for automotive parts packaging. The company’s releases frequently connect its cannabis production model with export-oriented operations and sustainable packaging applications.
One World Products, Inc. (OTC: OWPC) has appointed Jim Hackney as Chief Global Strategist on its Advisory Board, focusing on international initiatives and market expansion. Hackney, alongside newly appointed Advisory Board Chair Minyon Moore, aims to drive global growth in sustainable hemp and cannabis solutions. Recently, One World was selected by Stellantis N.V. for developing hemp-based bioplastic solutions. Hackney brings over 40 years of experience in international investment and trade, which is expected to enhance One World's strategic direction in the evolving cannabis market.
One World Products (OTC: OWPC) has appointed Isiah Thomas as Executive Chairman while he retains his role as CEO. The company continues to expand in the industrial hemp market, focusing on bioplastic production and supplier diversity programs with major corporations. Recently, One World was included in the Stellantis-National Business League Black Supplier Development Program, which will involve supplying hemp-based bioplastic solutions to Stellantis N.V. This appointment and new partnerships highlight the company's commitment to sustainable practices and environmental, social, and governance (ESG) standards.
One World Pharma changes its name to One World Products: Sustainable Hemp and Cannabis Solutions, effective December 1, 2021. This rebranding reflects its expanding role in the cannabis and hemp industries and aligns with its commitment to ESG standards. The company is recognized as a significant player in developing hemp-based bioplastics through its collaboration with Stellantis. Shareholders will not need to take action regarding the name change. One World Products remains the largest Black-controlled cannabis and hemp producer in Colombia, emphasizing high-quality industrial applications.
One World Universe (OTC: OWUV) has announced a plan to buy back around 5 million shares to ease shareholder dilution concerns. CFO Caren Currier stated that the shares will be deposited back into the treasury and potentially used as leverage for future acquisitions. The company is also looking to enter the Metaverse space and plans to announce two additional acquisitions by year-end. Management has engaged with various stakeholders, including entrepreneurs and large shareholders, to explore business opportunities aimed at enhancing shareholder value.
One World Pharma announces its participation in the National Black Supplier Development Program, aimed at enhancing collaboration with Black businesses for contracting opportunities. This initiative, in partnership with Stellantis and the National Business League, seeks to capitalize on the expanding hemp market, expected to reach $36 billion globally by 2026. The company aims to provide significant amounts of hemp fiber for bioplastics manufacturing, projecting a need for 300,000 metric tons by 2025. One World Pharma emphasizes its commitment to environmental, social, and governance (ESG) principles.
One World Pharma (OTC: OWPC) has begun construction on a vertically integrated extraction facility in Colombia, becoming one of the first companies in the country with both licenses and the capability to produce high-quality CBD and THC oils. The facility, designed in partnership with United Sciences, will process cannabis flower and aims for operational status within six months, targeting EU GMP certification by mid-2022. This initiative signifies a major step in the company’s growth, enhancing its environmental responsibility and compliance with ESG standards.
One World Pharma (OTC: OWPC) announced the appointment of Vahé Gabriel as its Chief Operating Officer and Chief Financial Officer. Gabriel brings over 20 years of leadership experience in finance and operations, with a strong focus on optimizing organizational performance. His prior roles include CEO of Atthis LLC and President & COO of CGL Companies. Gabriel expressed enthusiasm for joining One World, emphasizing the company’s strategic position in the cannabis and hemp market, particularly with its substantial Colombian land holdings. The company aims to meet growing product demand while adhering to ESG standards.
One World Pharma (OTC: OWPC) has retained CORE IR for investor relations and public relations services to enhance market awareness. The partnership aims to communicate the company's growth strategies to both institutional and retail investors. CEO Isiah Thomas highlighted the importance of conveying One World's unique story as it continues to grow. CORE IR specializes in strategic communications for small to mid-sized companies. One World Pharma is a licensed cannabis and hemp producer, with operations in Colombia, focusing on high-quality products and maintaining strong ESG standards.
On April 26, 2021, One World Pharma (OTC: OWPC) announced its first sales of cannabis cuttings following approval from Instituto Colombiano Agropecuario (ICA). The company can now sell genetically superior plantlets, enhancing customer options by reducing germination risks. Currently, OWP has a production capacity of 9,000 cuttings per 20-day cycle, with plans to expand to 18,000 by year-end. This initiative complements existing revenue streams from seed and oil sales and strengthens OWP’s market position in cannabis genetics.
One World Pharma Inc. (OWPC), a licensed hemp and cannabis ingredient producer, announced the addition of NBA star John Salley to its Board of Advisors. Salley, a four-time NBA champion, brings extensive entrepreneurial experience in the cannabis industry, including his brand Deuces22 and an ownership role in Greenspace Labs. CEO Isiah Thomas expressed confidence in Salley's impact on the company's growth in the cannabis market. Formed in 2017, One World Pharma aims to supply high-quality hemp-derived ingredients globally for various industries.