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1606 Corp.
- Market Cap
- Unavailable
- Price
- $0.0002
- % Change (Daily % change from the live per-ticker quote feed.)
- +33.33%
- Volume
- 10.3M
About
1606 Corp. is an artificial intelligence chatbot firm specializing in e-commerce solutions tailored for the cannabidiol (CBD) industry. Its flagship offering, ChatCBDW, is a proprietary conversational AI platform seamlessly integrated to elevate sales performance, enlighten consumers about product specifics, and deliver valuable analytics regarding customer preferences and behavioral patterns, concurrently supporting efficient inventory management. This enterprise was established in 2019 and operates from its main office in Phoenix, Arizona.
Quick stats
Shares outstanding—
Computed float294.6M
Float / sharesUnknown
Cash runway (months)-4.5
Key info
SectorConsumer Defensive
IndustryTobacco
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001877461
Websitehttps://cbdw.ai
AI Summary
AI-generated1/7
minorbullishoperations update
1606 Corp. Engages MDM Group to Market Lufkin 55 MW Powered Site to AI Infrastructure Operators and Strategic Buyers
1606 Corp. engaged MDM Group LLC to market its planned 132-acre, 55 MW Lufkin power campus to AI infrastructure operators and strategic buyers.
MDM will assist in identifying buyers and partners on a success-fee basis, utilizing its network of hyperscale operators and infrastructure investors.
The company's Purchase and Sale Agreement for the facility extends to October 31, 2026, providing additional time to secure financing and evaluate strategic opportunities.
Red flags
- Pending litigation (tax and insurance suits) set for trial on August 17, 2026
- Risk that financing for acquisition may not be obtained
- Risk that transaction may not close by October 31, 2026
- Reliance on unaudited statements