|
The
accompanying consolidated financial statements include the accounts of the following entities, all of which were under common control
and ownership at December 31, 2021:
Schedule of Common Control and Ownership Interest
| Name of Entity |
|
State of Incorporation |
|
Relationship |
| One World Products, Inc.(1) |
|
Nevada |
|
Parent |
| OWP Ventures, Inc.(2) |
|
Delaware |
|
Subsidiary |
| One World Pharma S.A.S.(3) |
|
Colombia |
|
Subsidiary |
| Colombian Hope, S.A.S.(4) |
|
Colombia |
|
Subsidiary |
| Agrobase, S.A.S.(5) |
|
Colombia |
|
Subsidiary |
| (1) |
Holding
company in the form of a corporation. |
| (2) |
Holding
company in the form of a corporation and wholly-owned subsidiary of One World Products, Inc. |
| (3) |
Wholly-owned
subsidiary of OWP Ventures, Inc. since May 30, 2018, located in Colombia and legally constituted as a simplified stock company
registered in the Chamber of Commerce of Bogotá on July 18, 2017. Its headquarters are located in Bogotá. |
| (4) |
Wholly-owned
subsidiary of OWP Ventures, Inc., acquired on November 19, 2019, located in Colombia and legally constituted as a simplified stock
company. This company has yet to incur any substantive income or expenses. |
| (5) |
Wholly-owned
subsidiary of OWP Ventures, Inc., formed on September 12, 2019, located in Colombia and legally constituted as a simplified stock
company. This company has yet to incur any substantive income or expenses. |
|