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OWPC

One World Products, Inc.

One World Products, Inc. is an American pharmaceutical preparations company, incorporated in Nevada.1 It is headquartered in Las Vegas, Nevada.1

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Last updated Oct 21, 2026.

Overview

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  • TickerOWPC1
  • IndustryPharmaceutical Preparations1
  • HeadquartersLas Vegas, Nevada1
  • Incorporated inNV2
  • Business address6605 Grand Montecito Pkwy, Suite 100, Las Vegas, Nv 891492
  • Filer categoryNon-accelerated filer, Smaller reporting company, Emerging growth company2

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February 21, 2019, we entered into an Agreement and Plan of Merger (“Merger Agreement”) with OWP Merger Subsidiary, Inc.3 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2024

80.5%Gross margin4
-38494.6%Operating margin4
-80917.4%Net margin4
-35.9%Revenue growth, 20244

Where the money goes

Where each dollar of revenue went, fiscal 2024

  • Cost of revenue0¢$948
  • Interest100¢$471.0K

Out of $4.9K in revenue.4 The company lost money this year.

Financial statements

Revenue5674$4.9K in 2024−92% since 2020
0$50.0K$100.0K$150.0K2020: $59.6K$59.6K20202021: $38.3K$38.3K2021−36%2022: $125.7K$125.7K2022+228%2023: $7.6K$7.6K2023−94%2024: $4.9K$4.9K2024−36%
Gross profit5674$3.9K in 2024
-$200.0K-$150.0K-$100.0K-$50.0K0$50.0K2020: -$45.2K-$45.2K20202021: $18.5K$18.5K20212022: -$175.1K-$175.1K20222023: -$165.5K-$165.5K2023−5%2024: $3.9K$3.9K2024
Operating income895674-$1.9M in 2024+6843% since 2018
-$8.0M-$6.0M-$4.0M-$2.0M02018: -$27.0K-$27.0K20182019: -$5.8M-$5.8M2019+21486%2020: -$7.9M-$7.9M2020+36%2021: -$3.2M-$3.2M2021−59%2022: -$2.2M-$2.2M2022−31%2023: -$2.1M-$2.1M2023−7%2024: -$1.9M-$1.9M2024−10%
Net income895674-$3.9M in 2024+14494% since 2018
-$8.0M-$6.0M-$4.0M-$2.0M02018: -$27.0K-$27.0K20182019: -$6.2M-$6.2M2019+22920%2020: -$8.0M-$8.0M2020+28%2021: -$3.8M-$3.8M2021−52%2022: -$3.1M-$3.1M2022−19%2023: -$4.0M-$4.0M2023+29%2024: -$3.9M-$3.9M2024−0%
Fiscal year2018201920202021202220232024
Revenue$59.6K5$38.3K6$125.7K7$7.6K4$4.9K4
Cost of revenue$104.7K5$19.7K6$300.8K7$173.1K4$9484
Gross profit-$45.2K5$18.5K6-$175.1K7-$165.5K4$3.9K4
Operating expenses$3.2M6$2.1M7$1.9M4$1.9M4
Operating income-$27.0K8-$5.8M9-$7.9M5-$3.2M6-$2.2M7-$2.1M4-$1.9M4
Interest$382.6K9$47.6K5$511.1K6$956.9K7$308.7K4$471.0K11
Net income-$27.0K8-$6.2M9-$8.0M5-$3.8M6-$3.1M7-$4.0M4-$3.9M4
Earnings per share-$0.066-$0.057-$0.054-$0.044
Earnings per share (diluted)-$0.057-$0.054-$0.044
Shares (weighted, basic)60.6M shares666.2M shares773.3M shares4107.0M shares4
Shares (weighted, diluted)66.2M shares773.3M shares4107.0M shares4

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Corporate structure

One World Products, Inc. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of One World Products, Inc.

  • John S. McCabe Filed SC 13D on One World Products, Inc., latest Jan 19, 2024
  • One World Products, Inc. Las Vegas, Nevada

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What One World Products, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Inventory

ItemLatestA year beforeChange
Inventory, total$16.2K4 Dec 31, 2024$54.2K7 Dec 31, 2022−70.0%

Properties, in its own words

Our principal executive offices are located at 6605 Grand Montecito Pkwy., Suite 100, Las Vegas, NV 89149, Telephone No.: (800) 605-3210. Our leased premises are shared and are utilized for corporate business offices. Our Nevada premises are subject to a month-to-month lease agreement.

We believe that our current facilities are adequate for our current needs. We intend to secure new facilities or expand existing facilities as necessary to support future growth. We believe that suitable additional space will be available on commercially reasonable terms as needed to accommodate our operations.

Item 2 of the 10-K filed Jun 3, 2025.3

Leadership

Who has led One World Products, Inc., and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Lei Wang2016
  2. Craig Ellins2020
  3. Isiah Thomas Iii.2020–now

Chair

  1. Isiah Thomas Iii.2024–now

President

  1. Joerg Herman Walter Sommer2023–now

Chief financial officer

  1. Lei Wang2016
  2. Craig Ellins2020
  3. Bruce I. Raben2021
  4. Vahe Gabriel2021–2022
  5. Timothy Woods2022
  6. Todd A. Peterson2024–now

Chief operating officer

  1. Vahe Gabriel2021–2022
20202025
Board members and other officers (7)

Former names

  • One World Pharma, Inc.Feb 25, 2019 to Nov 30, 20212
  • PUNTO GROUP, CORP.Nov 24, 2014 to Jan 8, 20192

Timeline

  1. Jul 27, 20268-K Executive or director change26
  2. Mar 27, 20268-K Executive or director change27
  3. Oct 21, 20258-K Executive or director change; Regulation FD disclosure28
  4. Sep 30, 20258-K Executive or director change29
  5. Jul 15, 20258-K Entered a material agreement; Completed an acquisition or sale; Unregistered sale of shares30
  6. Jun 30, 20258-K Entered a material agreement; Executive or director change31
  7. Jun 10, 20258-K Entered a material agreement32
  8. Jul 5, 20248-K Entered a material agreement; Unregistered sale of shares; Executive or director change33
  9. Apr 25, 20248-K Entered a material agreement; New debt or obligation; Unregistered sale of shares34
  10. Jan 19, 20248-K Entered a material agreement; Bankruptcy or receivership; Debt or obligation accelerated35
  11. Jun 1, 20238-K Executive or director change36
  12. Sep 7, 20228-K Entered a material agreement; Unregistered sale of shares; Executive or director change37
  13. Jun 10, 2020New chief executive Isiah Thomas Iii. becomes CEO15
  14. Mar 4, 2020New chief executive Craig Ellins becomes CEO14
  15. Jan 15, 2016New chief executive Lei Wang becomes CEO16

Filings

74 filings to the SEC since October 2021: 4 annual reports, 13 quarterly reports, 15 major events, 21 insider forms, 1 large holders, 20 other. The latest 20:

  1. Jul 27, 20268-K EDGAR
  2. Mar 31, 2026NT 10-K EDGAR
  3. Mar 27, 20268-K EDGAR
  4. Jan 2, 202610-Q EDGAR
  5. Nov 14, 2025NT 10-Q EDGAR
  6. Oct 21, 20258-K EDGAR
  7. Sep 30, 20258-K EDGAR
  8. Sep 19, 202510-Q EDGAR
  9. Aug 14, 2025NT 10-Q EDGAR
  10. Jul 15, 20258-K EDGAR
  11. Jun 30, 202510-Q EDGAR
  12. Jun 30, 20258-K EDGAR
  13. Jun 24, 20254 EDGAR
  14. Jun 10, 20258-K EDGAR
  15. Jun 3, 202510-K EDGAR
  16. Apr 1, 2025NT 10-K EDGAR
  17. Mar 27, 20254 EDGAR
  18. Dec 27, 20244 EDGAR
  19. Nov 14, 202410-Q EDGAR
  20. Sep 27, 20244 EDGAR

The 74 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

50 open-market trades by officers, directors and large owners since October 2021: 50 buys and 0 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Dec 22, 2023McCabe John S10% ownerBuy250,000$0.04$10.0KForm 4
Dec 15, 2023McCabe John S10% ownerBuy300,000$0.05$15.0KForm 4
Nov 6, 2023McCabe John S10% ownerBuy22,999$0.05$1.1KForm 4
Nov 1, 2023McCabe John S10% ownerBuy71,000$0.05$3.5KForm 4
Oct 30, 2023McCabe John S10% ownerBuy100,000$0.05$5.0KForm 4
Oct 26, 2023McCabe John S10% ownerBuy100,000$0.06$6.0KForm 4
Oct 23, 2023McCabe John S10% ownerBuy100,000$0.06$6.0KForm 4
Oct 11, 2023McCabe John S10% ownerBuy100,000$0.08$8.0KForm 4
Oct 10, 2023McCabe John S10% ownerBuy24,300$0.08$1.9KForm 4
Oct 9, 2023McCabe John S10% ownerBuy31,000$0.08$2.5KForm 4
Oct 6, 2023McCabe John S10% ownerBuy200,000$0.08$16.0KForm 4
Sep 28, 2023McCabe John S10% ownerBuy88,000$0.10$8.8KForm 4
Jul 7, 2023McCabe John S10% ownerBuy104,500$0.08$8.4KForm 4
Jun 23, 2023McCabe John S10% ownerBuy110,000$0.08$8.8KForm 4
Mar 14, 2023McCabe John S10% ownerBuy195,500$0.06$11.7KForm 4
Mar 6, 2023McCabe John S10% ownerBuy100,000$0.07$7.0KForm 4
Feb 15, 2023McCabe John S10% ownerBuy200,000$0.06$12.0KForm 4
Feb 14, 2023McCabe John S10% ownerBuy3,200,000$0.10$314.0KForm 4
Feb 9, 2023McCabe John S10% ownerBuy150,000$0.07$10.5KForm 4
Feb 8, 2023McCabe John S10% ownerBuy100,000$0.07$7.0KForm 4

All 50 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

  • John S. McCabeSC 13D, 1 filing Jan 19, 202438

SEC filer profile

How One World Products, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGAROne World Products, Inc.1
  • CIK0001622244
  • Employer ID (EIN)61-17448263
  • Filer statusNon-accelerated filer an emerging growth company; a smaller reporting company; a shell company3
  • Incorporated innevada3
  • Fiscal year endsDecember 311
  • Industry code (SIC)2834 Pharmaceutical Preparations1
  • SEC reviewing officeOffice of Life Sciences, Division of Corporation Finance1
  • Business address6605 Grand Montecito Pkwy, Suite 100, Las Vegas, NV 891491
  • Phone70260506051
  • Shares outstanding120,108,774 as of Jan 2, 202612
  • Public float$3.7M as of Jun 30, 20243
  • AuditorM&K CPAS, PLLC, Woodlands, TX PCAOB ID 2738; no auditor attestation of internal control over financial reporting3
  • On EDGAR sinceNov 24, 20141
  • Filings185 in all: 10-Q (31), 8-K (30), 4 (29), NT 10-Q (14), CORRESP (12), 10-K (11), 3 (11), NT 10-K (10)1
    All 21 form types

    UPLOAD (9), S-1/A (7), S-1 (4), 424B3 (3), 8-K/A (3), EFFECT (3), SC 13D (2), 8-A12G (1), D (1), NT 10-K/A (1), RW (1), SC 13G (1), SC 14F1 (1)

  • Latest filingsAnnual report (10-K) Jun 3, 2025
    Quarterly report (10-Q) Jan 2, 2026
    Latest 8-K (8-K) Jul 27, 2026

Risk factors and legal proceedings

The risks One World Products, Inc. names in Item 1A of its 10-K filed Jun 3, 2025: 15 risks under these headings, as written.3

  • Risks Relating to our Business
  • Limited Operating History
  • We have had a history of losses, we expect losses in the future, and there can be no assurance that we will become profitable in the future.
  • Our auditor has given us a “going concern” qualification, which questions our ability to continue as a going concern without additional financing.
  • Our Wholly-owned Colombian Subsidiary, OWP SAS, is in Liquidation Proceedings
  • Regulatory Compliance Risks
  • Ability to Establish and Maintain Bank Accounts
  • Anti-Money Laundering Laws and Regulations
  • Foreign Trade Policies
  • United States Regulation
  • Liability, Enforcement, Complaints, etc.
  • Legal Proceedings
The other 10 risks
  • Environmental Regulations
  • Demand for Cannabis and Derivative Products
  • Weather, Climate Change and Risks Inherent in an Agricultural Business
  • Product Liability
  • Energy Prices and Supply
  • Retention and Acquisition of Skilled Personnel
  • Emerging Market Risks
  • Global Economy
  • Insurance Coverage
  • General Business Risks
  • Inability to Manage Growth
  • Speculative Forecasts
  • Limited Management Team
  • Risks Related to our Common Stock
  • Limited Trading
  • We may issue additional stock without stockholder consent.
  • Broker-dealers may be discouraged from effecting transactions in our common stock because it is considered a penny stock and is subject to the penny stock rules.
  • Because our Board of Directors does not intend to pay dividends on our common stock in the foreseeable future, stockholders may have to sell their shares of our common stock to realize a return on their investment in the company.
  • Control of Common Stock will Influence Decision Making
  • We are an Emerging Growth Company Within the Meaning of the Securities Act.
  • Antitakeover Protections
  • Increased Compliance Costs
  • Risks Relating to Our Agreements with Tysadco Partners, LLC
  • The sale of our common stock to Tysadco may cause dilution, and the sale of the shares of common stock acquired by Tysadco, or the perception that such sales may occur, could cause the price of our common stock to fall.
  • Tysadco will pay less than the then-prevailing market price for our common stock for purchases under the Purchase Agreement.
  • We may not be able to put to Tysadco all $10,000,000 of shares available under the Purchase Agreement.

Legal proceedings

Due to challenging economic conditions, OWP SAS filed for protection under Colombian Law 1116 of 2006, which is the primary legislation governing business insolvency proceedings (restructuring and liquidation) (“Reorganization Proceedings”) in Colombia on December 22, 2023. As of December 31, 2024, OWP SAS was involved in a total of 23 separate lawsuits for various civil and labor disputes in the municipal civil courts in Colombia, in the Cities of Bogota, Cali. Funza and Popayán. If the civil courts rule against OWP SAS, we estimate the potential liability from these claims is approximately $310,000. However, this is only an estimate, and our potential liability could be greater.

The opening of Item 3, Legal Proceedings.3

Sources

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