One World Products, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Cover
- Cover
Financial Statements
Notes to Financial Statements
Accounting Policies
- Nature of Business and Significant Accounting Policies (Policies)
Notes Tables
Notes Details

Related Party Transactions (Details Narrative)

v3.24.1.1.u2

Related Party Transactions (Details Narrative) - USD ($)				3 Months Ended
	May 15, 2024	Mar. 15, 2024	Jun. 15, 2023	Mar. 31, 2024	Mar. 31, 2023
Related Party Transaction [Line Items]
Aggregate fair value of the common stock		$ 724,086
Maturity date		Mar. 01, 2027
Interest rate		10.00%
Interest rate percentage		7.00%
Shares			1,500,000
Aggregate fair value of the common stock			$ 89,850	$ 492,081
Aggregate fair value of the common stock					$ 300,000
Fair value		$ 724,086
Isiah Thomas III [Member]
Related Party Transaction [Line Items]
Fair value		9,108
Dr.Kenneth Perego II [Member]
Related Party Transaction [Line Items]
Fair value		111,210
Mr Joerg Sommer [Member]
Related Party Transaction [Line Items]
Fair value		$ 8,646
Common Stock [Member]
Related Party Transaction [Line Items]
Shares		6,500,000		7,149,621
Aggregate fair value of the common stock				$ 7,150
Aggregate fair value of the common stock					$ 3,000
Fair value		$ 429,000
Common Stock [Member] \| Isiah Thomas III [Member]
Related Party Transaction [Line Items]
Shares		2,000,000
Fair value		$ 132,000
Common Stock [Member] \| Dr.Kenneth Perego II [Member]
Related Party Transaction [Line Items]
Shares		2,000,000
Fair value		$ 132,000
Common Stock [Member] \| Terry Buffalo [Member]
Related Party Transaction [Line Items]
Shares		2,000,000
Fair value		$ 132,000
Common Stock [Member] \| Mr Joerg Sommer [Member]
Related Party Transaction [Line Items]
Shares		500,000
Fair value		$ 33,000
Officers and Directors [Member] \| Common Stock [Member]
Related Party Transaction [Line Items]
Aggregate fair value of the common stock	$ 429,000	$ 429,000

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The aggregate fair value of additional assets that would be required to be posted as collateral for derivative instruments with credit-risk-related contingent features if the credit-risk-related contingent features were triggered at the end of the reporting period.

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