"One World Products was selected by Stellantis to develop and supply hemp-based bioplastic solutions for interior and exterior components."
Check this out.
Isiah Thomas was recently added to the board of directors at UWM Holdings...
https://investors.uwm.com/governance/board-of-directors/default.aspx
Why would Isiah Thomas be on the board of a mortgage company?
Well, in September of 2020 SFS holdings Corporation took commanding control of UWM with a 93+% stake in the company. Get to SFS in a minute but look at the financials of UWM...
$329.9 million in net, NET, income, and Thomas was added to the board! Again keep in mind that UWM is a holding of SFS Holdings.
SFS's primary business is injection moldings. With 9 locations globally and 600 employees at the US location, they are supplying parts globally for everything from cell phones to airplanes.
https://www.sfs.com/ch/en/products-technologies/technologies/injection-moulding-technology.html
Of course, it's the automotive industry that is the current focus for OWP.
This company seems to be on top of new technology and if Stellantis is looking to move away from petroleum and into bio-plastics for their parts they look like they could easily handle the transition.
Start putting the pieces together and this is looking to be much larger than even I was originally thinking.
OWP has an exclusive relationship with FEDECORE giving them access to over 1 million acres of hemp growth.
OWP has been chosen to supply the hemp needs for Stellantis' interior and exterior parts.
OWP chairmen and CEO now sits on the board of international molding manufacture.
The only piece of the puzzle that is missing, in my eyes, is the ability to prepare and process the hemp for use in moldings but when you are rubbing shoulders and on the board of multi-billion dollar companies it will likely not be much of an issue getting the needed financing for, what my guess would be, an acquisition of a facility able to handle the processing end.
I know I will be right here for whatever is coming.
OWPC!!
Recent OWPC News
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