1606 CORP.
1606 Corp., headquartered in Phoenix, Arizona, develops AI chatbots for businesses. Its products include chatCBDW by CBDW AI, designed for CBD brands and retailers to answer customer questions and recommend products, and IRChat, which retrieves company information, filings and updates for investors and shareholders from public companies’ websites. The company says its chatbot technology can be adapted for other consumer-facing industries. It seeks customers through online and email marketing and independent sales organizations, and plans to charge businesses monthly licensing fees. Its earlier hemp cigarette business, which included the TRUZ and Singlez brands, has been discontinued. 1606 Corp. has shifted its strategic focus toward acquiring and developing power infrastructure and energy assets for data center and AI-related operations. In March 2026, it entered an agreement to acquire property in Lufkin, Texas, including a power generation facility and a climate-controlled warehouse intended for data center deployment. The acquisition has not closed, and the company has no prior operating experience in power generation or data center infrastructure.
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See all $CBDW insider activity →1606 CORP. (CBDW) filed an SEC Form 8-K — Regulation FD Disclosure. EXHIBIT 99.1 1606 Corp. Provides East Texas Project Update Following Week of On-Site Meetings Multiple prospective counterparties, capital providers, data center operators and potential power offtakers conducted meetings and site visits as the Company evaluates the acquisition, s
1606 CORP. (CBDW) filed an SEC Form 8-K — Entry into a Material Definitive Agreement. EXHIBIT 10.1 TERMINATION AND MUTUAL RELEASE AGREEMENT This TERMINATION AND MUTUAL RELEASE AGREEMENT (this “ Agreement ”) is made and entered into as of September 28th, 2026 (the “ Effective Date ”), by and between 1606 Corp., a Nevada corporation (“ 1606 ”), and Sim Agro Inc., a
1606 Corp. (CBDW) signed a non-binding LOI with Prime Tex Group for a potential Texas power plant and data center transaction. The 132-acre project includes biomass power generation. No deal value or obligation exists, and the LOI expires Dec. 31, 2026. 1606 can pursue other options.
Recent CBDW coverage spans corporate actions, financial news and mergers & acquisitions.
The update provides no concrete deal terms or financing commitments, so immediate price impact is limited.
The termination removes any future equity or debt exposure between the parties.
The LOI could lead to a future cash infusion or change in asset exposure for 1606 Corp., but no terms or price are disclosed.
Potential operational partnership could improve asset value if acquisition closes.
The engagement is a commercialization step, but it is not a contracted sale or lease, so near-term valuation impact depends on whether buyers/off-takers emerge before the Oct 31, 2026 deadline.
AlphAI scores every news story that mentions CBDW with an AI model for sentiment and relevance, and aggregates insider trades from 1606 CORP.'s SEC EDGAR Form 4 filings. Figures refresh continuously.
1606 CORP. (CBDW) filed an SEC Form 8-K — Regulation FD Disclosure. EXHIBIT 99.1 1606 Corp. Provides East Texas Project Update Following Week of On-Site Meetings Multiple prospective counterparties, capital providers, data center operators and potential power offtakers conducted meetings and site visits as the Company evaluates the acquisition, s
1 min read1606 CORP. (CBDW) filed an SEC Form 8-K — Entry into a Material Definitive Agreement. EXHIBIT 10.1 TERMINATION AND MUTUAL RELEASE AGREEMENT This TERMINATION AND MUTUAL RELEASE AGREEMENT (this “ Agreement ”) is made and entered into as of September 28th, 2026 (the “ Effective Date ”), by and between 1606 Corp., a Nevada corporation (“ 1606 ”), and Sim Agro Inc., a
1 min read1606 Corp. (CBDW) signed a non-binding LOI with Prime Tex Group for a potential Texas power plant and data center transaction. The 132-acre project includes biomass power generation. No deal value or obligation exists, and the LOI expires Dec. 31, 2026. 1606 can pursue other options.
2 min read1606 CORP. (CBDW) filed an SEC Form 8-K — Regulation FD Disclosure. EXHIBIT 99.1 1606 Corp. and EthosEnergy O&M Execute LOI for Operations and Maintenance of Lufkin Power Facility For Data Centers PHOENIX, AZ — September 8, 2026 - 1606 Corp. (OTC: CBDW) (“1606” or the “Company”), an emerging infrastructure company focused on powered land, data ce
2 min read1606 Corp. (USOTC:CBDW) hired MDM Group on a success-fee basis to market its planned 132-acre East Texas power campus in Lufkin, targeting about 55 MW of behind-the-meter generation. The goal is to find AI/HPC operators, capacity off-takers, and joint venture partners while the property acquisition remains pending under a purchase agreement extended to Oct. 31, 2026.
3 min read1606 CORP. (CBDW) filed an SEC Form 8-K — Entry into a Material Definitive Agreement. cbdw_8k.htm 0001877461 false 0001877461 2026-07-22 2026-07-22 iso4217:USD xbrli:shares iso4217:USD xbrli:shares UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (
3 min read
