One World Products, Inc. (OTC: OWPC)

One World Products, Inc. began as a public shell company before completing a merger with OWP Ventures, Inc. on February 21, 2019, which brought the operating business of One World Pharma, S. A. S., a Colombian subsidiary, into the public entity. After changing its name from One World Pharma, Inc. to One World Products, Inc. on November 23, 2021, the firm now concentrates on two primary activities: the sale of cannabidiol (CBD) products derived from hemp in the United States and the development of industrial hemp solutions aimed at the automotive sector. The company’s Colombian subsidiary, One World Pharma, S. A. S., filed for protection under Colombian Law 1116 of 2006 on December 22, 2023 and subsequently entered liquidation effective October 1, 2024, leaving it with no revenue producing operations. Consequently, One World Products, Inc. has devoted its efforts during 2024 to completing the liquidation process, resolving substantial litigation, terminating operations and selling assets such as the farm in Popayán and associated equipment. The company maintains its principal executive offices in Las Vegas, Nevada and reported two full time employees as of December 31, 2024.

Revenue is generated principally from the sale of its CBD product Pro 11, which contains hemp derived cannabidiol with no more than 0.3% THC and complies with the Agriculture Improvement Act of 2018 (2018 Farm Bill). The company commenced distribution of Pro 11 in the United States during March 2024 after redesigning the product’s packaging and hiring a dedicated sales representative to expand market reach. In parallel, One World Products, Inc. is developing hemp based molded containers for automotive part packaging, having received an initial order for 1,400 reusable totes in October 2024 from partners in the automotive industry. The firm also invests in research and development to create renewable material solutions that support automotive manufacturers’ carbon neutral manufacturing goals. While the Colombian operations are undergoing liquidation and contribute no current revenue, the U. S. based CBD and hemp focused activities constitute the company’s sole source of income.

One World Products, Inc. operates in a highly competitive CBD market that includes large national brands, regional producers, and numerous specialty retailers offering similar hemp derived products. Competitive dynamics are further shaped by varying state regulations, which create a patchwork of legality that firms must navigate alongside federal guidelines. Its competitive position is strengthened by strict adherence to federal THC limits, a focus on product quality and safety, and the ability to source raw material from its own hemp cultivation activities. In the emerging industrial hemp niche, the company differentiates itself by targeting automotive manufacturers seeking sustainable packaging and lightweight components to meet carbon neutral objectives, a space where few CBD focused firms have established a presence. The company’s limited size and concentrated focus allow it to remain agile, though it faces challenges from larger competitors with greater scale and broader product portfolios.

The company sells its Pro 11 CBD product to retail distributors, online merchants, and direct consumers across the United States, leveraging both brick and mortar stores and e commerce channels. Its hemp based molded containers are supplied to automotive original equipment manufacturers and tier one suppliers that require environmentally friendly packaging for component transport. No specific customer names are disclosed in the filing, so the description remains limited to these general customer types. The firm’s sales strategy emphasizes building relationships with distributors that specialize in wellness products and with automotive partners interested in sustainable materials.