🧾 “One World Products Lost $169M Last Year — But Hey, They’re Still Changing the World, One Joint Venture at a Time”

🟢 At a Glance:

One World Products, Inc. (OWPC) just filed its 10-K for FY2024, and it’s a masterclass in optimism:

• 💵 Revenue: $356.7 million
• 🔴 Net Loss: $(169.2) million
• 💸 Operating Loss: $(165.1) million
• 💰 Cash Balance: $112.9 million
• 🔥 Cash Burn from Operations: $(133.7) million
• 🧾 R&D Spend: $108.7 million
• 🎩 SG&A: $217.6 million — because somebody’s gotta pay for those “brand activations”

The vibes are global, the balance sheet is bleeding, and the business model is apparently saving the planet… eventually.

💼 What They Actually Do

One World Products operates in the cannabis-adjacent, sustainability-meets-global-impact space.

They love buzzwords like:

• “Global Supply Chain Sustainability”
• “Joint Ventures in Latin America”
• “Strategic Innovation in Hemp-Based Plastics”

And yet, the only green in this report was… the cash they burned.

🧾 FY24 Financial Breakdown