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1606 Corp.

corporate_fare Company Profile

1606 Corp.

CBDW·OTC·Technology·CIK 0001877461

1606 Corp. is a Nevada corporation that develops AI chatbots. The company was incorporated in Nevada in February 2021 as a spin-off from Singlepoint Inc. in April 2021. Initially, the company offered tobacco- and nicotine-free smoking alternatives, including "1606 Original Hemp," and later sold hemp, aroma-free cigarettes under the "TRUZ" brand and "Singlez," an individually packeted version. This business has since been discontinued. In August 2023, 1606 Corp. transitioned into AI chatbots for the cannabidiol ("CBD") industry, leveraging its knowledge of the sector. The company partnered with ARXT Labs to create a proprietary chatbot designed to answer customer questions and recommend products based on preferences. A distribution contract was signed with Cool Blue Distribution to sell this service to CBD companies. In late 2023, the company launched its first chatbot, "chatCBDW by CBDW AI," and began onboarding customers to test and implement it on their CBD websites. In April 2024, 1606 Corp. debuted "IRChat," a chatbot for the public company vertical. IRChat extracts vital information for investors and shareholders from public company websites, including SEC filings, company updates, press releases, and general company information. In July 2024, Austen Lambrecht was appointed CEO. In September 2024, the company signed a Letter of Intent to acquire a minority equity position in Adnexus, an AI biotech company specializing in pharmaceutical development, recognized for using AI in early drug discovery and developing treatments for infectious diseases like HIV and SARS-COV-2.

1606 Corp. (OTC:CBDW) is a publicly traded company in the Technology sector. Wiseek has independently scored 18 items for CBDW at importance 7 or higher on its 1–10 market-impact scale. Its most recent item scored 7 or higher is dated 2026-08-14, rated 8/10. Across its 18 most recent items scored 7 or higher, the top rating is 9/10, with 16 rated 8 or above. Recent SEC coverage for CBDW spans 10-Q, 8-K, 424B3, 10-K.

Recent high-impact activity:

  • 1606 Corp. Reports $1.19M Loss, $288 Cash, and Going Concern Doubts
  • 1606 Corp. Grants Former CEO 50% Discount Conversion on $2M Note, Director Resigns
  • 1606 Corp. Delays $11.2M Acquisition Again, Extends Closing to October 31, 2026, Still Lacks Financing
  • 1606 Corp. Extends Power Acquisition Deadline to October, Reports Accelerated Financing Talks
  • 1606 Corp. Delays $11.2M Acquisition Again, Pays $312K Extension Fee Amid Cash Crisis

Financial Snapshot

Fiscal year ended December 31, 2025
Revenue
$0
Net Income
-$1.3M
Diluted EPS
-$0.01
Op. Cash Flow
-$460.78K
Gross Profit
$0
Operating Income
-$485.74K
Cash & Equivalents
$0
Total Debt
$2.99M
Debt / Equity
-0.93×
Shares Outstanding
472.43M sh
Source: 10-K · filed 2026-03-27 · accession 0001477932-26-001635

Dilution Risk

Low risk

Filing-implied dilution signals for CBDW, detected from its recent SEC filings · based on capital-structure filings through 2026-05-15.

1 recent capital raise

Significant Dilution Registered · Deeply Discounted Financing

⚠ A more recent filing has been published for this ticker since this signal was computed; it may not yet be reflected — see the filings below.

A filing-implied signal, not a realized share count. How Wiseek tracks dilution →

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$0.0002 +0.00% today
52-week range · as of 2026-08-14 $0.0001 – $0.0029
Market cap
$268.41K
Volume
3.5M (0.1× avg)
3-mo avg 27M
Live data · 2026-09-20 21:51 UTC · Market closed

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feed CBDW - Latest Insights

CBDW
Aug 14, 2026, 2:23 PM EDT
Filing Type: 10-Q
Importance Score:
8
Price at Filing: $0.00015
Real-time Price: $0.0002 info
Change: +$0.00005 (+33%) info
Market Cap: $268.408K info
CBDW
Jul 24, 2026, 5:00 PM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $0.0003
Real-time Price: $0.0002 info
Change: -$0.0001 (-33%) info
Market Cap: $268.408K info
CBDW
Jun 03, 2026, 8:01 AM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $0.0006
Real-time Price: $0.0002 info
Change: -$0.0004 (-67%) info
Market Cap: $268.408K info
CBDW
Jun 03, 2026, 8:00 AM EDT
Source: ACCESS Newswire
Importance Score:
7
Price at Filing: $0.0006
Real-time Price: $0.0002 info
Change: -$0.0004 (-67%) info
Market Cap: $268.408K info
CBDW
Jun 02, 2026, 12:28 PM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $0.0005
Real-time Price: $0.0002 info
Change: -$0.0003 (-60%) info
Market Cap: $268.408K info
CBDW
May 15, 2026, 2:22 PM EDT
Filing Type: 10-Q
Importance Score:
9
Price at Filing: $0.00075
Real-time Price: $0.0002 info
Change: -$0.00055 (-73%) info
Market Cap: $268.408K info
CBDW
May 04, 2026, 8:00 AM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $0.0008
Real-time Price: $0.0002 info
Change: -$0.0006 (-75%) info
Market Cap: $268.408K info
CBDW
May 04, 2026, 8:00 AM EDT
Source: Access Newswire
Importance Score:
8
Price at Filing: $0.0008
Real-time Price: $0.0002 info
Change: -$0.0006 (-75%) info
Market Cap: $268.408K info
CBDW
Apr 28, 2026, 11:56 AM EDT
Filing Type: 424B3
Importance Score:
8
Price at Filing: $0.0007
Real-time Price: $0.0002 info
Change: -$0.0005 (-71%) info
Market Cap: $268.408K info
CBDW
Apr 16, 2026, 2:01 PM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $0.0007
Real-time Price: $0.0002 info
Change: -$0.0005 (-71%) info
Market Cap: $268.408K info
CBDW
Mar 27, 2026, 5:08 PM EDT
Filing Type: 10-K
Importance Score:
9
Price at Filing: $0.0010
Real-time Price: $0.0002 info
Change: -$0.0008 (-80%) info
Market Cap: $268.408K info
CBDW
Mar 23, 2026, 6:15 AM EDT
Filing Type: 8-K
Importance Score:
9
Price at Filing: $0.0013
Real-time Price: $0.0002 info
Change: -$0.0011 (-85%) info
Market Cap: $268.408K info
CBDW
Mar 18, 2026, 8:01 AM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $0.0014
Real-time Price: $0.0002 info
Change: -$0.0012 (-86%) info
Market Cap: $268.408K info
CBDW
Mar 17, 2026, 8:00 AM EDT
Filing Type: 8-K
Importance Score:
9
Price at Filing: $0.0012
Real-time Price: $0.0002 info
Change: -$0.0010 (-83%) info
Market Cap: $268.408K info
CBDW
Mar 13, 2026, 8:00 AM EDT
Filing Type: 8-K
Importance Score:
9
Price at Filing: $0.00085
Real-time Price: $0.0002 info
Change: -$0.00065 (-76%) info
Market Cap: $268.408K info
CBDW
Feb 17, 2026, 8:00 AM EST
Filing Type: 8-K
Importance Score:
8
Price at Filing: $0.0007
Real-time Price: $0.0002 info
Change: -$0.0005 (-71%) info
Market Cap: $268.408K info
CBDW
Jan 29, 2026, 4:49 PM EST
Filing Type: 424B3
Importance Score:
8
Price at Filing: $0.0007
Real-time Price: $0.0002 info
Change: -$0.0005 (-71%) info
Market Cap: $268.408K info
CBDW
Jan 16, 2026, 4:06 PM EST
Filing Type: S-1
Importance Score:
9
Price at Filing: $0.00055
Real-time Price: $0.0002 info
Change: -$0.00035 (-64%) info
Market Cap: $268.408K info
Research tools: Filing Impact Index Dilution Tracker Split Calendar Open Datasets