1606 CORP.
Close on Oct 19, 2026
- Market cap
- $210.51K
- P/E (TTM)
- –
- Dividend yield
- –
About 1606
Services-Prepackaged Software, SIC 7372
1606 Corp. develops conversational artificial intelligence chatbots designed for retail brands and commercial enterprises. The company produces specialized software tools, including chatCBDW for cannabidiol merchants and IRChat for publicly traded corporations seeking automated investor relations assistance. Its software uses natural language processing to answer customer inquiries, provide product suggestions, and deliver information extracted from regulatory filings and company websites. 1606 Corp. licenses its applications on a recurring monthly subscription basis directly to businesses and distributes them through independent sales organizations such as website developers, marketing agencies, and payment processing firms.
The company operates on a lean operational scale, employing one full-time executive while utilizing third-party contractors and external consultants for operational support. It leases approximately 100 square feet of office space for its corporate headquarters in Phoenix, Arizona. All business activities and commercial initiatives are conducted within the United States.
Summary of the business section of 1606's latest annual report, written by StockData.
Company profile
Company
- Legal name
- 1606 CORP.
- Founded
- 2021
- Headquarters
- Phoenix, AZ
- Address
- 2425 E. Camelback Rd, Suite 150 85016
- Phone
- (602) 481-1544
- Website
- cbdw.ai
- Employees
- 1, Dec 31, 2025
- Industry
- Services-Prepackaged Software
- Incorporated in
- Nevada
- Fiscal year ends
- December 31
- Auditor
- SALBERG & COMPANY, P.A., Boca Raton, Florida
Stock & identifiers
- Ticker
- CBDW
- Exchange
- OTC
- Shares outstanding
- 1.34B, Aug 14, 2026
- Public float
- $3.28M, Jun 30, 2025
- Filer category
- <br>Emerging growth company
- SEC CIK
- 1877461
- CUSIP
- 68249C101
- ISIN
- US68249C1018
- EIN
- 86-1497346
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
No recent ownership filings by officers or directors
1606's leadership is listed in its proxy statement (Form DEF 14A).
Employees
Headcount reported in annual reports
“We have one full-time employee, which is our Chief Executive Officer, Austen Lambrecht.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Nov 15, 2024 | Late filing | Notification of late filing |
| Oct 25, 2024 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| May 16, 2024 | Late filing | Notification of late filing |
| Apr 2, 2024 | Late filing | Notification of late filing |
| Nov 15, 2023 | Late filing | Notification of late filing |
| Aug 15, 2023 | Late filing | Notification of late filing |
| May 16, 2023 | Late filing | Notification of late filing |
| Mar 31, 2022 | Late filing | Notification of late filing |