Streetbeat News

OWPC

One World Products Inc

Employees

27

Industry

Software and Other Prerecorded Compact Disc, Tape, and Record Reproducing

Open

0.02

Mkt cap

2.4M

Volume

47K

High

0.02

P/E Ratio

-0.38

52-wk high

0.09

Low

0.02

Div yield

N/A

52-wk low

0.02

Colombia's new decree allows the sale of dry cannabis flower locally, benefiting companies and patients. While it seems to protect small producers, it actually favors MIPYMES based on income, allowing many companies to qualify. Regulatory hurdles like sanitary authorization may delay implementation.

Portfolio Pulse from Javier Hasse

October 24, 2024 | 5:29 pm

One World Products, led by Isiah Thomas, unveiled hemp-based packaging for the auto industry, marking a milestone in sustainable materials. The initial order from Flex-N-Gate highlights trust in these eco-friendly solutions, with potential future opportunities.

Portfolio Pulse from Jelena Martinovic

October 15, 2024 | 3:22 pm

One World Products (OWP) has entered into an exclusive agreement with Procepack Corp. for the perpetual exclusive rights to buy PreRoll-Er automated pre-roll filler systems in Colombia. This deal, effective Feb. 26, 2024, aims to enhance OWP's production efficiency significantly. Isiah Thomas, OWP's CEO, emphasizes the importance of this partnership in meeting the growing demand for their products. Despite regulatory challenges in Colombia, the collaboration is seen as a major step forward in the global cannabis market.

Portfolio Pulse from Jelena Martinovic

March 25, 2024 | 7:08 pm

One World Products Inc (OTCQB:OWPC) launched Pro-11, a CBD-enriched muscle rub, during the 2024 NBA All-Star Weekend. This product is a collaboration between Kx Family Care, led by Stephen Marley, and guided by NBA Hall of Famer Isiah Thomas. Kx Family Care made a strategic investment of $400,000 in OWP to boost its operations in Colombia's Bogota Free Trade Zone. Pro-11 is designed for athletes, combining CBD, essential oils, and natural extracts for optimal performance and recovery. It will be available on March 15, 2024, and is expected in select retail locations later that year. OWPC's shares were up 18.60% at $0.0593 per share.

Portfolio Pulse from Patricio Liddle

March 05, 2024 | 5:11 pm

Isiah Thomas, CEO of One World Products Inc (OTC:OWPC), stated that Colombia's halted marijuana legalization is not affecting the company's operations. OWPC, operating in Colombia, continues its business as usual, with recent deals including manufacturing and distributing Smokiez Gummies and a partnership with Kx Family Care for CBD personal care products. Despite regulatory challenges, OWPC's international THC product plans remain on track. The company's stock saw a slight increase after this announcement.

Portfolio Pulse from Jelena Martinovic

February 05, 2024 | 3:00 pm

One World Products, Inc. (OTCQB:OWPC) has announced an exclusive collaboration with Smokiez Edibles. Through this partnership, OWP will become the sole producer and distributor of Smokiez Gummies in Colombia. The company will use its facilities within the Colombian Free Trade Zone to manufacture and distribute the gummies to the Asian, South American, and European markets. This strategy is expected to expand both companies' global outreach and establish a stronger presence in key international markets.

Portfolio Pulse from Jelena Martinovic

September 12, 2023 | 12:50 pm

The Washington Liquor and Cannabis Board has appointed Will Lukela as its new director. Several cannabis companies have announced board of directors voting results and recent top appointments, including Pathway Health Corp., Heritage Cannabis Holdings Corp., TILT Holdings Inc., Agra Ventures Ltd., Unrivaled Brands, Inc., One World Products, SNDL Inc., Bloomios, Inc., Sunsoil, Jones Soda Co., RS BioTherapeutics, and Verano Holdings Corp.

Portfolio Pulse from Jelena Martinovic

June 13, 2023 | 1:58 am

One World Products (OTC:OWPC), a fully-licensed hemp and cannabis producer in Colombia, has appointed Joerg Sommer as its new president. Sommer is an automotive industry veteran with over 20 years of experience, particularly in the electric vehicle space. He has held various roles at disruptive California-based startups and global automotive OEMs.

Portfolio Pulse from Javier Hasse

June 08, 2023 | 8:24 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.