1606 Corp.
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Austen Lambrecht
- Full Time Employees
- 1
- Sector
- Consumer Defensive
- Industry
- Tobacco
- Address
- 2425 East Camelback Road Phoenix AZ United States of America 85016
- IPO Date
- Jan 17, 2023
- CIK
- 0001877461
- Website
- cbdw.ai
- Similar Companies
- Business
- 1606 Corp. (OTC:CBDW) develops and merchandises AI-powered chatbots primarily for the cannabidiol (CBD) industry and public companies; its core offerings include ChatCBDW, a proprietary chatbot that drives sales, educates customers on products, delivers analytics on preferences and behavior, and supports inventory management; the company also provides conversational AI merchandising technology for e-commerce retailers and advanced AI solutions encompassing machine learning models, natural language processing, data integration, edge computing, and performance optimization tailored to sectors such as waste management, distribution, biotech, finance, healthcare, and telecommunications. Founded in 2019 and headquartered in Phoenix, Arizona, 1606 Corp. operates principally in the United States with expanding global ambitions through strategic initiatives. In December 2025, the company secured a $6 million investment commitment letter from ENMAS EPC Power Projects Limited to fund potential power plant acquisitions, AI-ready data center buildouts, and power infrastructure enhancements; it is advancing a strategic merger with Sim Agro Inc., which holds first right of refusal on a data center-capable warehouse and power plant to bolster energy and data center capabilities; recent developments further encompass partnerships for AI-driven inventory and fleet optimization in distribution, waste stream applications in waste management, and a transition to OTCID designation in July 2025 to improve market transparency and compliance.
1606 Corp. Signs Definitive Agreement to Acquire Sim Agro to Develop, Acquire, and Operate Data Center and Power Assets
1606 Corp. Files Annual Report on Form 10-K, Advancing Data Center Strategy and Acquisition Pipeline
1606 Corp. Files Annual Report on Form 10-K, Advancing Data Center Strategy and Acquisition Pipeline
1606 Corp. Engages Moody Capital Solutions as Placement Agent
1606 Corp. Signs Agreement to Acquire Data-Center-Ready Property with Captive Power on 132 Acres
1606 Corp. Signs Agreement to Acquire Data-Center-Ready Property with Captive Power on 132 Acres
1606 Corp. Signs Agreement to Acquire Data-Center-Ready Property with Captive Power on 132 Acres
1606 Corp. Signs Term Sheet to Acquire 55 MW Texas Power Generation Facility and 50,000 Sq. Ft. Data Center-Ready Infrastructure Site
1606 Corp. (OTC:CBDW) Enters into Term Sheet to Acquire Texas 55 MW Power Generation Facility and 50,000 SQ Foot Data-Center Ready Climate Controlled Warehouse
1606 Corp. Receives up to $6 Million Investment Commitment to Acquire Power Assets and Advance AI and Data Center
1606 Corp. Receives up to $6 Million Investment Commitment to Acquire Power Assets and Advance AI and Data Center
1606 Corp. Signs Term Sheet with Sim Agro Inc. to Acquire Power Assets for Supplying Captive Energy to Data Centers and AI
1606 Corp. Signs Term Sheet with Sim Agro Inc. to Acquire Power Assets for Supplying Captive Energy to Data Centers and AI
1606 Corp. (CBDW) to Attend the 151st NIBA Conference in Fort Lauderdale
1606 Corp. (CBDW) Announces Successful 10-Q Filing, Increased Market Activity, and Active M&A Strategy
1606 Corp.'s Common Stock Is Now Trading on the OTCID Platform
1606 Corp. Announces Transition to OTCID Tier, Marking a Major Step for the Company
1606 Corp. AI Chatbots Innovations, Strategic Partnerships, and 10-K Reporting Update
1606 Corp. Signs LOI to Be Acquired by Private Group Seeking to Enter the Public Markets and Utilize AI Technologies for Potential Uplisting
1606 Corp. Applauds RedChip's Launch of RedChat, Validating the Success and Impact of Our Own AI-Driven IRChat