|
The
accompanying consolidated financial statements include the accounts of the following entities, all of which were under common control
and ownership at December 31, 2022:
Schedule of Common Control and Ownership Interest
| |
|
State
of |
|
|
| Name
of Entity |
|
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. |
|