Item 5.02 Departure of Directors or Certain Officers; Election of Directors;


          Appointment of Certain Officers; Compensatory Arrangements of Certain
          Officers.



Effective August 25, 2021, David Kugelman resigned as the sole Director of OWC Pharmaceutical Research Corp. (the "Company"). Simultaneously, he resigned as the sole Director of the Company's wholly-owned Israeli subsidiary, One World Cannabis Ltd.

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