As far as the financing goes I think there are several possibilities that may have much less impact on the share structure.
One is that the new law established in Colombia allows cannabis companies access to conventional banking establishments. Something that can not be done in the US. Being that OWP's assets are all based in Colombia there is a possibility of more conventional borrowing based on them.
The second is Stellantis. They have specifically said that connecting with financial resources is part of their supplier development program and they have also stated that they have set aside over $30 billion to develop their EV line.
The last one would be Isiah Thomas being added to the board of directors at United Wholesale Morgage. UWM is sitting on $1 billion in cash, did $329 million in net sales Q3, and has stated diversification plans. I look at the other 8 board members and can see their direct contribution to UWM but Thomas' role is not quite clear, not yet anyway.
As I said in a previous post, according to the new website, OWP is looking to offer financing options to its customers. We know they don't have the resources to offer that at this point so it has to be coming from someone else. Whoever that is is likely going to be funding OWP directly as well.
6 months is Feb 12, "within 6 months" is any day now on the completion of the processing facility. The 948 hectares in "sustainable" hemp grow is lining up nicely with the facility going live.
$OWPC
Recent OWPC News
- One World Products Secures First Order for Hemp-Based Reusable Containers, Pioneers Renewable Materials for the Automotive Industry • InvestorsHub NewsWire • 10/15/2024 12:35:16 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/27/2024 09:55:45 PM
- One World Products Issues Shareholder Update Letter • InvestorsHub NewsWire • 09/11/2024 11:27:17 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/22/2024 07:57:15 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/21/2024 09:23:04 PM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 07/05/2024 09:31:57 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/05/2024 09:29:50 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 06/12/2024 10:04:56 AM
- One World Products, Inc. Issues Shareholder Update • InvestorsHub NewsWire • 05/29/2024 12:20:54 PM
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- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 02/29/2024 11:06:01 AM
- Form S-1/A - General form for registration of securities under the Securities Act of 1933: [Amend] • Edgar (US Regulatory) • 02/05/2024 01:21:38 PM
- One World Products Confirms That Its Colombian Cannabis Operations are Unaffected by Recent Regulatory Developments in Colombia • InvestorsHub NewsWire • 02/05/2024 01:04:44 PM
- Form S-1 - General form for registration of securities under the Securities Act of 1933 • Edgar (US Regulatory) • 01/23/2024 10:29:53 PM
- One World Products, Inc. Announces Reorganization Plan to Optimize Global Operations • InvestorsHub NewsWire • 01/22/2024 02:38:26 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/19/2024 09:05:39 PM
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