One World Products, Inc. (OWPC)
One World Products, Inc. (OWPC) operates as an international producer and supplier of unrefined cannabis and hemp commodities. The company's operations encompass the cultivation, processing, and distribution of various cannabis derivatives, including crude cannabis oil, purified distillates, and isolates. Previously known as One World Pharma, Inc., the organization rebranded as One World Products, Inc. in November 2021. Its corporate headquarters are located in Las Vegas, Nevada.
Sector: Pharmaceutical Preparations
Industry: Drug Manufacturers - Specialty & Generic
One World Products, Inc.
OTC:OWPCHealthcare · Drug Manufacturers - Specialty & Generic
$0.0001
Mkt Cap$12K
Float44.79M
O/S120.11M
Inst Own-
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$5K
Net Income-$3.94M
Total Assets$68K
Free Cash Flow-$1.2M
Debt & Equity
Total Debt$3.75M
Total Equity-$9.91M
Preferred Stock$4.72M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in OWPC's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$68K
Liabilities$9.98M
Accounts Receivable$1K
Accounts Payable$594K
Inventory$16K
PP&E (Net)$0
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 |
| Revenue | $5K | $8K | $126K | $38K | $60K | $0 | $0 | $0 | $0 | $0 | $0 |
| YoY Growth | -35.9% | -94.0% | 228.4% | -35.8% | - | - | - | - | - | - | - |
| Cost of Revenue | $948 | $173K | $301K | $20K | $105K | $20K | $2K | $0 | $0 | $4K | $0 |
| Gross Profit | $4K | -$166K | -$175K | $19K | -$45K | -$20K | -$2K | $0 | $0 | -$4K | $0 |
| Gross Margin | 80.5% | -2181.2% | -139.3% | 48.4% | -75.8% | - | - | - | - | - | - |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $1.72M | $1.88M | $2.02M | $3.21M | $7.84M | $5.72M | $27K | $57K | $37K | $23K | $420 |
| Other | $160K | $34K | $42K | $40K | $34K | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Operating Expenses | $1.88M | $1.92M | $2.06M | $3.25M | $7.87M | $5.72M | $27K | $57K | $37K | $23K | $420 |
| Operating Income (EBIT) | -$1.87M | -$2.08M | -$2.24M | -$3.23M | -$7.92M | -$5.72M | -$27K | -$57K | -$37K | -$27K | -$420 |
| Operating Margin | -38494.6% | -27419.6% | -1779.5% | -8444.8% | -13291.6% | - | - | - | - | - | - |
| Interest Expense | $1.09M | $309K | $957K | $511K | $48K | $383K | $0 | $0 | $0 | $0 | $0 |
| Interest Income | $0 | $7 | $38 | $2K | $0 | $4 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$2.06M | -$1.87M | -$823K | -$553K | -$48K | -$387K | -$1.93M | $0 | $15K | $0 | $0 |
| Income Before Tax (EBT) | -$3.94M | -$3.95M | -$3.06M | -$3.78M | -$7.97M | -$6.21M | -$27K | -$57K | -$22K | -$27K | -$420 |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | -$161K | $0 | $0 | $0 | $0 |
| Net Income | -$3.94M | -$3.95M | -$3.06M | -$3.78M | -$7.97M | -$6.59M | -$27K | -$57K | -$22K | -$27K | -$420 |
| Net Income Margin | -80917.4% | -52092.8% | -2434.7% | -9890.7% | -13371.5% | - | - | - | - | - | - |
| Supplementary Data | |||||||||||
| EPS | -0.04 | -0.05 | -0.05 | -0.06 | -0.16 | -0.16 | -0.02 | -0.04 | -0.02 | -0.03 | -0.00 |
| Diluted EPS | -0.04 | -0.05 | -0.05 | -0.06 | -0.16 | -0.16 | -0.02 | -0.04 | -0.02 | -0.03 | -0.00 |
| Weighted Average OS | 106.97M | 73.33M | 66.19M | 60.60M | 48.83M | 41.09M | 1.32M | 1.32M | 1.32M | 1.06M | 1.06M |
| EBITDA | -$989K | -$3.61M | -$2.19M | -$3.23M | -$7.88M | -$5.8M | -$1.87M | $129K | -$22K | -$27K | -$420 |
| EBITDA Margin | -20343.0% | -47573.0% | -1745.0% | -8449.5% | -13235.2% | - | - | - | - | - | - |
Balance Sheet
| Period | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 |
| Assets | |||||||||||
| Current Assets | |||||||||||
| Cash and Cash Equivalents | $42K | $726 | $11K | $120K | $29K | $282K | $126 | $5K | $0 | $3K | $1K |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $42K | $726 | $11K | $120K | $29K | $282K | $126 | $5K | $0 | $3K | $1K |
| Accounts Receivable | $1K | $4K | $12K | $130K | $105K | $135K | $0 | $0 | $0 | $0 | $0 |
| Inventory | $16K | $0 | $54K | $199K | $267K | $25K | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $0 | -$4K | $7K | $19K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Assets | $68K | $14K | $123K | $497K | $421K | $574K | $701 | $9K | $0 | $3K | $1K |
| Long-Term Assets | |||||||||||
| Property, Plant & Equipment Net | $0 | $0 | $1.41M | $1M | $922K | $1.2M | $356K | $0 | $0 | $0 | $0 |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $602 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $0 | $85K | $1.63M | $1.26M | $65K | $73K | $4K | $0 | $0 | $0 | $0 |
| Total Long-Term Assets | $0 | $85K | $3.04M | $2.26M | $987K | $1.27M | $362 | $0 | $0 | $0 | $0 |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | -$362K | $0 | $0 | $0 | $0 |
| Total Assets | $68K | $99K | $3.17M | $2.9M | $1.41M | $1.85M | $701 | $9K | $0 | $3K | $1K |
| Liabilities | |||||||||||
| Current Liabilities | |||||||||||
| Accounts Payable | $594K | $529K | $798K | $480K | $735K | $331K | $0 | $0 | $1K | $0 | $0 |
| Short-Term Debt | $1.67M | $2.21M | $1.08M | $457K | $380K | $692K | $1.01M | $0 | $0 | $0 | $2K |
| Current Income Tax Payable | $10K | $0 | $32K | $9K | $19K | $14K | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $12K | $30K | $0 | $0 | -$1.01M | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $200K | $197K | $386K | $296K | $276K | -$13K | -$1K | $0 | $0 | $0 | $0 |
| Total Current Liabilities | $3.17M | $3.87M | $2.98M | $1.52M | $1.7M | $1.13M | $420 | $98K | $41K | $23K | $2K |
| Long-Term Liabilities | |||||||||||
| Long-Term Debt | $2.09M | $0 | $900K | $200K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $4.72M | $4.57M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $6.81M | $4.57M | $1.24M | $200K | $156K | $453K | $0 | $0 | $1K | $0 | $2K |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$1K | $0 | -$2K |
| Total Liabilities | $9.98M | $3.87M | $4.22M | $1.72M | $1.86M | $1.59M | $420 | $98K | $41K | $23K | $2K |
| Stockholders' Equity | |||||||||||
| Preferred Stock | $4.72M | $4.57M | $4.78M | $4.23M | $1.5M | $0 | $4K | $0 | $0 | $27K | $0 |
| Common Stock | $109K | $80K | $67K | $66K | $53K | $45K | $1K | $5K | $5K | $5K | $0 |
| Retained Earnings | -$30.86M | -$26.93M | -$22.98M | -$19.92M | -$16.13M | -$8.17M | -$155K | -$128K | -$71K | -$49K | -$417 |
| Comprehensive Income & Other | $0 | $87K | -$51K | -$64K | -$53K | -$16K | -$4K | $2K | $0 | -$27K | $0 |
| Other Stockholders' Equity | $20.84M | $23.08M | $21.86M | $21.03M | $15.63M | $8.38M | $154K | $25K | $25K | $25K | $0 |
| Total Equity | -$9.91M | -$3.77M | -$1.05M | $1.18M | -$451K | $261K | $281 | -$98K | -$41K | -$20K | -$417 |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | -$101 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $68K | $99K | $3.17M | $2.9M | $1.41M | $1.85M | $701 | $0 | $0 | $3K | $1K |
| Supplementary Data | |||||||||||
| Total Debt | $3.75M | $2.21M | $2.41M | $657K | $582K | $1.2M | $1.01M | $0 | $0 | $3K | $2K |
| Net Debt | $3.71M | $2.21M | $2.4M | $537K | $553K | $918K | $888 | -$5K | $0 | $226 | $717 |
Cash Flow Statement
| Period | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 |
| Operating Activities | |||||||||||
| Net Income | -$3.94M | -$3.95M | -$3.06M | -$3.78M | -$7.97M | -$6.21M | -$27K | -$57K | -$22K | -$27K | -$420 |
| Depreciation & Amortization | $723K | $34K | $42K | $40K | $34K | $20K | $2K | $186K | $0 | $0 | $0 |
| Deferred Income Tax | $0 | $0 | $0 | $1.07M | $0 | $1.6M | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $1.18M | $415K | $339K | $134K | $3.58M | $237K | $381K | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||||
| Accounts Receivable | -$114 | $12K | $8K | -$16K | -$6K | -$201K | $0 | $0 | $0 | $0 | $0 |
| Inventory | -$16K | $8K | $144K | $69K | -$242K | -$25K | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $65K | $132K | $318K | -$254K | $404K | $209K | -$2K | -$469 | $3K | $0 | $0 |
| Other Working Capital | -$77K | $448K | $383K | -$1.45M | $597K | -$23K | -$9K | -$4K | $3K | -$300 | -$300 |
| Total Working Capital Change | -$28K | $600K | $853K | -$1.65M | $753K | -$39K | -$11K | -$469 | $3K | -$300 | -$300 |
| Other Non-Cash Items | $935K | $1.71M | $445K | $457K | $2.17M | $332K | $414K | -$186K | -$14K | $0 | $0 |
| Net Cash from Operating | -$1.12M | -$1.19M | -$1.38M | -$3.73M | -$1.43M | -$4.06M | -$38K | -$57K | -$34K | -$27K | -$720 |
| Investing Activities | |||||||||||
| Capital Expenditures | -$75K | -$5K | -$43K | -$393K | -$63K | -$365K | -$358K | $0 | $0 | $0 | $0 |
| Acquisitions | $0 | $0 | $6K | $5K | $0 | -$102K | $5K | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | -$102K | -$350K | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $204K | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | $0 | $0 | $0 | -$102K | -$50K | $0 | $0 | $0 | $0 |
| Net Cash from Investing | -$75K | -$5K | -$37K | -$388K | -$63K | -$467K | -$754K | $0 | $0 | $0 | $0 |
| Financing Activities | |||||||||||
| Debt Repaid | -$1.13M | -$410K | -$968K | -$641K | - | -$630K | - | - | - | - | - |
| Common Stock Issuance | $150K | $650K | $350K | $3.58M | $1.58M | $4.38M | $1.14M | $0 | $0 | $30K | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | -$60K | -$59K | $0 | -$62K | -$37K | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $60K | $650K | $350K | $62K | -$1.84M | -$314K | $38K | $57K | $31K | $0 | $2K |
| Net Cash from Financing | $1.28M | $1.06M | $1.32M | $4.22M | $1.27M | $4.7M | $38K | $57K | $31K | $32K | $2K |
| Forex Effect | -$42K | $131K | -$9K | -$11K | -$37K | -$12K | -$5K | $4K | $0 | $0 | $0 |
| Net Change in Cash | $42K | -$10K | -$109K | $91K | -$253K | $157K | -$759K | $4K | -$3K | $5K | $1K |
| Supplementary Data | |||||||||||
| Operating Cash Flow | -$1.12M | -$1.19M | -$1.38M | -$3.73M | -$1.43M | -$4.06M | -$38K | -$57K | -$34K | -$27K | -$720 |
| Capital Expenditure | -$75K | -$5K | -$43K | -$393K | -$63K | -$365K | -$358K | $0 | $0 | $0 | $0 |
| Free Cash Flow | -$1.2M | -$1.2M | -$1.42M | -$4.12M | -$1.49M | -$4.43M | -$396K | -$57K | -$34K | -$27K | -$720 |
| Cash at Beginning | $726 | $11K | $120K | $29K | $282K | $126K | $885K | $0 | $3K | $1K | $0 |
| Cash at End | $42K | $726 | $11K | $120K | $29K | $282K | $126K | $4K | $0 | $6K | $1K |