$BUDZ

WEED, INC.

CIK:0001393772|SEC Filings

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2026	Jun. 30, 2025	Jun. 30, 2026	Jun. 30, 2025
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (Unaudited)
REVENUE	$ 0	$ 0	$ 0	$ 0
COST OF GOODS SOLD	0	0	0	0
GROSS PROFIT	0	0	0	0
OPERATING EXPENSES
General and administrative expenses	74,726	64,052	142,563	447,320
Professional fees	10,750	24,372	101,250	70,219
Depreciation & amortization	5,435	5,621	11,057	11,243
Total operating expenses	90,911	94,045	254,870	528,782
NET OPERATING LOSS	(90,911)	(94,045)	(254,870)	(528,782)
OTHER INCOME (EXPENSE)
Interest expense	(13,221)	(13,571)	(27,320)	(19,289)
Foreign currency translation gain on dissolution of subsidiary	0	0	2,798	0
TOTAL OTHER INCOME (EXPENSE)	(13,221)	(13,571)	(24,522)	(19,289)
NET LOSS BEFORE INCOME TAX	(104,132)	(107,616)	(279,392)	(548,071)
INCOME TAX EXPENSE	0	0	0	0
NET LOSS	(104,132)	(107,616)	(279,392)	(548,071)
OTHER COMPREHENSIVE INCOME (LOSS)	0	1,112	0	1,187
COMPREHENSIVE LOSS	$ (104,132)	$ (106,504)	$ (279,392)	$ (546,884)
WEIGHTED AVERAGE NUMBER OF COMMON SHARES
Outstanding - basic and fully diluted	148,312,685	135,932,685	147,914,011	134,192,354
Net loss per share - basic and fully diluted	$ (0.001)	$ (0.001)	$ (0.002)	$ (0.004)

CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)	6 Months Ended
	Jun. 30, 2026	Jun. 30, 2025
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss	$ (279,392)	$ (548,071)
Adjustments to reconcile to net loss to net cash used in operating activities:
Depreciation and amortization	11,057	11,243
Debt discount amortization	3,418	5,127
Imputed Interest on RP Loans	4,976	7,337
Estimated fair value of stock based compensation	0	300,000
Estimated fair value of shares issued for services	26,400	15,000
Decrease (increase) in assets
Prepaid expenses and deposits	8,010	17,404
Increase (decrease) in liabilities
Accounts Payable	13,862	23,018
Accrued expenses	135,203	98,423
NET CASH USED IN OPERATING ACTIVITIES	(76,466)	(70,519)
CASH FLOWS FROM FINANCING ACTIVITIES
Increase in due to officer	0	700
Proceeds from notes payable - related party	48,000	47,000
Repayments on notes payable - related party	(800)	(130,000)
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES	47,200	(82,300)
NET CHANGE IN CASH	(29,266)	(152,819)
EFFECT OF EXCHANGE RATE ON CASH	(2,798)	(1,186)
CASH, BEGINNING OF PERIOD	33,130	159,355
CASH, END OF PERIOD	1,066	5,350
Cash paid during the periods ended June 30:
Income taxes	0	0
Interest paid	$ 135	$ 7,440

CONSOLIDATED BALANCE SHEETS - USD ($)	Jun. 30, 2026	Dec. 31, 2025
CURRENT ASSETS:
Cash	$ 1,066	$ 33,130
Prepaid expenses	2,670	10,680
Other current asset	3,895	3,895
TOTAL CURRENT ASSETS	7,631	47,705
Land	258,319	258,319
Building	218,681	218,681
Computers & Equipment	147,771	147,771
Property and equipment, gross	624,771	624,771
Less: Accumulated depreciation	(158,060)	(148,304)
Property and equipment, net	466,711	476,467
Grower License	667	667
Trademark	50,000	50,000
Intangible assets, gross	50,667	50,667
Less: Accumulated amortization	(20,984)	(19,684)
Intangible assets, net	29,683	30,983
ROU asset	0	4,751
TOTAL ASSETS	504,025	559,906
CURRENT LIABILITIES
Accounts payable	193,773	179,914
Accrued expense	138,000	111,300
Accrued officer compensation	459,750	369,750
Accrued interest	51,917	33,414
Notes payable, related parties	553,603	502,985
Asset retirement obligation	35,800	35,800
Lease liability	0	4,751
Due to officer	10,353	10,353
TOTAL CURRENT LIABILITIES	1,443,196	1,248,267
TOTAL LIABILITIES	1,443,196	1,248,267
STOCKHOLDERS' EQUITY (DEFICIT)
Common stock, $0.001 par value, 200,000,000 authorized, 148,312,685 issued and outstanding, respectively	148,313	147,433
Additional paid-in capital	85,081,139	85,050,643
Subscription payable	386,250	386,250
Accumulated deficit	(86,554,873)	(86,275,485)
Accumulated other comprehensive loss:
Foreign currency translation	0	2,798
TOTAL STOCKHOLDERS' EQUITY	(939,171)	(688,361)
TOTAL LIABILITIES & STOCKHOLDERS' EQUITY	$ 504,025	$ 559,906