One World Products, Inc. Annual report pursuant to Section 13 and 15(d)

Security Deposits

12 Months Ended

Dec. 31, 2023

Note 9 – Security Deposits

Security deposits included the following as of December 31, 2023 and 2022, respectively:

Schedule of Security Deposits

	December 31,		December 31,
	2023		2022
Refundable deposit on equipment purchase	$	85,000	$	50,000
Down payment on distillation equipment		-		1,399,413
Security deposits on leases held in Colombia		-		395
Security deposits	$	85,000	$	1,449,808