Related Party

9 Months Ended

Sep. 30, 2025

Related Party

Related Party

Note 3 – Related Party

Notes Payable

From time to time, the Company has received short-term loans from officers and directors as disclosed in Note 7 below. The Company has a total of $348,018 and $423,328 of note payable on the consolidated balance sheet as of September 30, 2025 and December 31, 2024, respectively.

From January 2022 to March 31, 2022, the Company received $4,000 and $500,000 loans from Nicole Breen and Glenn Martin, respectively. The $500,000 loan from Glenn Martin was replaced by the $300,000 loan. From January 2023 to March 31, 2023, the Company paid off the remaining balance of the loan from Nicole Breen that originally was $37,500. From April 2023 to June 30, 2023, the Company received $50,000 from Nicole Breen. From July 2023 to September 30, 2023, the company paid off Glenn Marten’s loan of $500,000 and Nicole Breen’s loan of $50,000. From July 2024 to September 2024, the Company received $10,000 from Glenn Marten. From September 2024 to December 31, 2024, the Company received $300,000 from Glenn Marten and the company paid off Glenn Marten’s loan of $5,000. From Jan 2025 to March 31, 2025, the Company received $45,000 from Glenn Marten and the company paid off Glenn Marten’s loan of $130,000. From April 2025 to June 30, 2025, the Company received $2,000 from Glenn Marten.

On May 2, 2022, the Company acquired the Hempirical Genetics, LLC from Jeffrey Miller, and then Jeffrey Miller became the executive officer of WEED, Inc. with a note payable to the executive officer, Jeffrey Miller with no interest.  Payments of $10,000 and $60,000 were made toward the note in 2024 and 2023, respectively.  Based on the agreement, the Company owed Jeffrey Miller $120,000 as of September 30, 2025.

On July 1, 2022, Patrick Brodnik signed executive employee agreement with the Company, and become one of the related parties since that. On various dates during the third quarter 2022, the Company received advance of $3,661 from Patrick Brodnik at no interest. From April 2024 to June 2024, the Company paid off the advance of $3,787.

Services

Nicole M. Breen receives $8,000 a month in cash compensation for her services rendered to the Company.

Glenn E. Martin receives $7,000 a month in cash compensation for his services rendered to the Company.

Accrued Expense

A total of $104,700 and $84,900 of accrued expenses related to rent was unpaid and outstanding at September 30, 2025 and December 31, 2024, respectively.

Accrued Compensation

A total of $324,750 and $202,750 of officer compensation was unpaid and outstanding at September 30, 2025 and December 31, 2024, respectively.