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

Quarterly report pursuant to Section 13 or 15(d)

Related Parties (Details Narrative)

Related Parties (Details Narrative)						3 Months Ended	9 Months Ended
Related Parties (Details Narrative)	Sep. 01, 2020 USD ($) $ / shares shares	Jul. 10, 2020 USD ($) $ / shares shares	Jul. 06, 2020 USD ($)	Jun. 03, 2020 USD ($) shares	May 31, 2020 USD ($) shares	Sep. 30, 2019 USD ($)	Sep. 30, 2020 USD ($)	Sep. 30, 2019 USD ($)
Common stock issued \| shares				500,000
Issuance of common stock						$ 2,254,500		$ 4,204,500
Stock option exercise \| shares				5,500,000
Stock option exercise price				0.55
Option vests shares immediate \| shares				1,500,000
Share-based compensation							3,386,498	$ 175,000
Second Vesting Date [Member]
Option vests shares immediate \| shares				1,000,000
Three Year Second Vesting Date [Member]
Option vests shares immediate \| shares				3,000,000
Employment Agreement [Member] \| First Year [Member]
Base salary to be paid				$ 120,000
Employment Agreement [Member] \| Second Year [Member]
Base salary to be paid				240,000
Employment Agreement [Member] \| Third Year [Member]
Base salary to be paid				$ 300,000
Mr Craig Filins [Member]
Common stock issued \| shares				2,000,000
Separation and release agreement disclosure				On June 3, 2020, the Company entered into a Separation and Release Agreement with Craig Ellins (the "Separation Agreement"), pursuant to which Mr. Ellins resigned from all of his positions with the Company and its subsidiaries, including his positions as Chief Executive Officer and Chairman of the Board of the Company. Pursuant to the Separation Agreement, the Company (i) issued Mr. Ellins 2,000,000 shares of the Company's Common Stock, (ii) reimbursed Mr. Ellins for $55,000 of expenses previously incurred by him on behalf of the Company, and (iii) agreed to make 12 monthly payments to Mr. Ellins in the amount of $8,000 each in the 12-month period following the date on which the Company has raised $1.5 million in gross proceeds from the sale of its securities following the date of the Separation Agreement.
Mr Thomas's Salary [Member]
Sale of securities				$ 1,500,000
Interest rate				1.25%
Mr Thomas [Member]
Issuance of common stock				$ 500,000
Dr Ken Perego [Member]
Stock option exercise price					0.56
Proceeds from sale of stock	$ 26,000	$ 110,000
Number of stock sold, shares \| shares	2,600	11,000
Number of warrants to purchase common stock \| shares	50	50
Exercise price of warrants \| $ / shares	$ 0.25	$ 0.25
Warrants term	5 years	5 years
Stock option shares awarded option to purchase \| shares					350,000
Disclosure of common stock options issued for services, directors					The options will vest as to 116,667 shares immediately, with the remaining 233,333 shares quarterly over the following two years, beginning October 1, 2020. The estimated value using the Black-Scholes Pricing Model, based on a volatility rate of 302% and a call option value of $0.5599, was $195,959.
Stock option volatility rate					302.00%
Share-based compensation							86,263
Unamortized expenses							109,696
Dr Ken Perego [Member] \| Series A Preferred Stock [Member]
Number of stock sold, shares \| shares	1	1
Dr Ken Perego [Member] \| MCK Investments LLC [Member]
Repayments of debt			$ 140,983
Debt instrument, face value			136,000
Debt, accrued interest			$ 4,983
Officers and Directors [Member]
Issuance of common stock					$ 120,000
Issuance of common stock, shares \| shares					350,000
Bruce Raben, Director of the Company [Member]
Stock option exercise price					0.56
Stock option shares awarded option to purchase \| shares					350,000
Disclosure of common stock options issued for services, directors					The options will vest as to 116,667 shares immediately, with the remaining 233,333 shares quarterly over the following two years, beginning October 1, 2020. The estimated value using the Black-Scholes Pricing Model, based on a volatility rate of 302% and a call option value of $0.5599, was $195,959.
Stock option volatility rate					302.00%
Share-based compensation							86,263
Unamortized expenses							$ 109,696