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About Accredited Solutions
From its filings with the US Securities and Exchange Commission
Accredited Solutions is based in Cornelius, North Carolina and is incorporated in Nevada. Its shares trade on OTC under the ticker ASII. The SEC classifies its business as beverages. In the fiscal year to 31 December 2023, it reported revenue of $688,875 and a net loss of $1.5m. At that date it held total assets of $229,505 and shareholders' equity of −$5.1m.
The Company was formed as a Nevada corporation on November 26, 2007. The Company was involved in exploration and development of mining properties until September 30, 2013, when it discontinued operations. In June 2017, the Company’s creditors filed a petition in the District Court of Harris County, Texas for the appointment of a receiver. In August of 2017, the court appointed a receiver (who was subsequently appointed as an officer and director of the Company), and in February 2018, the receiver appointed William Alessi as a director of the Company and then resigned as a director and officer of the Company.
On February 6, 2019, the Company acquired trademarks and intellectual property, which includes all rights and trade secrets to the hemp-derived CBD-infused line of consumer beverages sold under the “Good Hemp” brand. Since then, the Company has been conducting operations under the “Good Hemp” trade name and through the http://www.goodhemplivin.com/ website. Information on this website is not a part of this report on Form 10-Q.
On April 30, 2019, the Company acquired the “CANNA HEMP” and “CANNA” trademarks including all rights and trade secrets and related inventory.
Quoted from its 10-K, filed 16 Jul 2024. Read the filing on SEC.gov ↗
Company facts
- Sector
- Consumer Staples
- Industry
- Beverages
- Listed since
- 24 Jul 2010
- Head office
- 20311 CHARTWELL CENTER DRIVE, SUITE 1469, CORNELIUS, NC, 28031
- Incorporated in
- NV
- Classification
- Beverages
- Filer status
- Non-accelerated filer<br>Smaller reporting company
Leadership
Pay as last reported
- Mr. Eduardo BritoPresident, Chief Executive Officer, Secretary, Director, since 2023
- Mr. Rodney SperryChief Financial Officer$15,862
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Good Hemp Inc has a strong brand presence in the hemp industry, enabling it to attract a loyal customer base. The company's commitment to high-quality hemp products and sustainable farming practices gives it a competitive edge. Additionally, Good Hemp Inc has established strategic partnerships and distribution channels, allowing for wide market reach.
Weaknesses
- One weakness of Good Hemp Inc is its relatively limited product portfolio. The company primarily focuses on hemp-based food and beverage products, which may limit diversification opportunities. In addition, Good Hemp Inc faces the challenge of constantly evolving regulations surrounding the hemp industry, which can impact its operations and market opportunities.
Opportunities
- The growing popularity of hemp-based products presents significant opportunities for Good Hemp Inc. With increasing consumer interest in plant-based diets and wellness products, the company can further expand its product range to cater to these trends. Moreover, market demand for sustainable and environmentally-friendly products provides Good Hemp Inc with the chance to capitalize on its existing sustainability initiatives.
Threats
- Good Hemp Inc faces threats from the competitive landscape as more players enter the hemp industry. This competition may result in price pressure and difficulty in maintaining market share. Additionally, changing government regulations and legal uncertainties surrounding hemp-based products pose potential threats to the company's operations and growth.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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