Security
1606 CORP COM · CBDW
CBDWOTCCommon stockCurrentCIK 1877461Updated Oct 7, 2026
CBDW price & chart
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OTC:CBDW on TradingView ↗About the company
1606 Corp., a Nevada corporation (the “Company,” “we,” or “us”) was incorporated in Nevada in February 2021 as a spin-off from Singlepoint Inc. in April 2021. We started by offering a tobacco- and nicotine-free smoking alternative called “1606 Original Hemp.” We started to sell hemp, aroma-free cigarettes, first by reselling the star brand, and eventually our own brand called “TRUZ.” The brands expanded to include “Singlez,” an individually packeted version of the TRUZ hemp cigarettes. This business has been discontinued.
In the news
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Seeking Alpha
Recent filings
Regulation FD Disclosure
Items 7.01, 9.01
Entry into a Material Definitive Agreement · Termination of a Material Definitive Agreement
Items 1.01, 1.02, 9.01
Regulation FD Disclosure
Items 7.01, 9.01
Regulation FD Disclosure
Items 7.01, 9.01
Regulation FD Disclosure
Items 7.01, 9.01
Show 5 more recent filings
10-Q filing
Regulation FD Disclosure
Items 7.01, 9.01
Entry into a Material Definitive Agreement · Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement · Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Items 1.01, 2.03, 5.02, 9.01
Regulation FD Disclosure
Items 7.01, 9.01
Entry into a Material Definitive Agreement
Items 1.01
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q2 2024 | Q1 2026 | Q1 2025 | Q1 2024 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||||||
| AssetsUSD | 14,602Source | 43,809Source | 41,581Source | 26,764Source | 195,664Source | 70,473Source | 285Source | 142,146Source | 16,058Source | 10,140Source | 148,338Source | 231,816Source |
| Current assets: | ||||||||||||
| Cash and Cash Equivalents, at Carrying ValueUSD | — | — | — | — | — | — | — | — | — | — | 48,941Source | — |
| Accounts ReceivableUSD | — | 0Source | — | — | 2,762Source | — | — | 2,845Source | — | 0Source | 3,600Source | — |
| Inventory, NetUSD | — | 0Source | — | — | 72,769Source | — | — | 72,769Source | — | 0Source | 72,853Source | 113,174Source |
| Assets, CurrentUSD | 14,602Source | 43,809Source | 41,581Source | 26,764Source | 195,664Source | 70,473Source | 285Source | 142,146Source | 16,058Source | 10,140Source | 148,338Source | — |
| Prepaid Expense and Other Assets, CurrentUSD | 13,604Source | 17,027Source | 41,293Source | 24,901Source | 23,629Source | 61,432Source | 0Source | 29,161Source | 16,058Source | 8,062Source | 1,444Source | 13,577Source |
| LIABILITIES AND EQUITY | ||||||||||||
| LiabilitiesUSD | 2,904,041Source | 2,139,755Source | 3,976,650Source | 2,569,614Source | 2,118,297Source | 4,153,089Source | 2,353,839Source | 1,753,489Source | 3,238,370Source | 2,205,632Source | 1,563,245Source | 826,867Source |
| Stockholders’ equity: | ||||||||||||
| Common Stock, Value, IssuedUSD | 20,141Source | 8,760Source | 134,202Source | 16,425Source | 7,554Source | 77,094Source | 13,961Source | 6,588Source | 47,242Source | 11,270Source | 5,858Source | 3,742Source |
| Additional Paid in CapitalUSD | 4,824,616Source | 4,506,602Source | 5,346,083Source | 4,790,353Source | 1,111,880Source | 5,133,941Source | 4,771,935Source | 1,084,916Source | 4,957,247Source | 4,724,284Source | 995,638Source | 236,842Source |
| Retained Earnings (Accumulated Deficit)USD | -7,739,968Source | -6,617,296Source | -9,419,622Source | -7,355,452Source | -3,047,660Source | -9,298,559Source | -7,145,341Source | -2,708,468Source | -8,232,043Source | -6,937,002Source | -2,422,031Source | -841,298Source |
| Stockholders' Equity Attributable to ParentUSD | -2,889,439Source | -2,095,946Source | -3,935,069Source | -2,542,850Source | -1,922,633Source | -4,082,616Source | -2,353,554Source | -1,611,343Source | -3,222,312Source | -2,195,492Source | -1,414,907Source | -595,051Source |
| Liabilities and EquityUSD | 14,602Source | 43,809Source | 41,581Source | 26,764Source | 195,664Source | 70,473Source | 285Source | 142,146Source | 16,058Source | 10,140Source | 148,338Source | 231,816Source |
| Current liabilities: | ||||||||||||
| Liabilities, CurrentUSD | 2,904,041Source | 2,139,755Source | 3,976,650Source | 2,569,614Source | 897,747Source | 4,153,089Source | 2,353,839Source | 732,939Source | 3,238,370Source | 2,205,632Source | 612,695Source | 826,867Source |
| Additional Financial Items | ||||||||||||
| Long-term DebtUSD | 1,967,356Source | — | 2,589,140Source | 1,918,350Source | 1,220,550Source | 2,436,060Source | 1,818,580Source | 1,020,550Source | 2,056,036Source | — | — | — |
cash flow · annual statements
| Line item | Q4 2025 | Q4 2024 | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | — | — | — | — | — | — | -1,066,516Source | -208,339Source | -1,295,041Source | -4,514,971Source | -1,580,733Source | -540,037Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts ReceivableUSD | — | — | — | — | — | — | — | 0Source | 0Source | -3,600Source | 3,600Source | 0Source |
| Increase (Decrease) in InventoriesUSD | — | — | — | — | — | — | — | 0Source | — | 0Source | -40,321Source | 81,725Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | — | — | — | — | — | — | -422,059Source | -157,678Source | -460,779Source | -890,986Source | -747,104Source | -610,151Source |
| Cash flows from investing activities: | ||||||||||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | — | — | — | — | — | — | 0Source | 0Source | 0Source | 0Source | -86,500Source | 0Source |
| Cash flows from financing activities: | ||||||||||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | — | — | — | — | — | — | 431,100Source | 155,885Source | 458,701Source | 844,123Source | 777,480Source | 705,673Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | — | — | 998Source | 26,782Source | 288Source | 1,863Source | 9,041Source | 285Source | 0Source | 2,078Source | 48,941Source | 105,065Source |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | — | — | — | — | — | — | — | — | — | — | — | 0Source |
| Income Taxes Paid, NetUSD | — | — | — | — | — | — | — | 0Source | — | 0Source | 0Source | 0Source |
| Additional Financial Items | ||||||||||||
| Amortization of Debt Issuance Costs and DiscountsUSD | — | — | — | — | — | — | — | 58,695Source | — | 360,847Source | 3,653Source | — |
| Financing Interest ExpenseUSD | — | — | — | — | — | — | — | — | — | 0Source | 200,616Source | — |
| Gain (Loss) on Extinguishment of DebtUSD | — | — | -3,373Source | 102,579Source | 47,169Source | 22,011Source | 9,820Source | 25,035Source | 55,269Source | 37,461Source | — | — |
| Income Tax Expense (Benefit)USD | — | — | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | — |
| Induced Conversion of Convertible Debt ExpenseUSD | — | — | — | — | — | — | 66,217Source | — | 51,840Source | — | — | — |
| Inventory Write-downUSD | — | — | — | — | — | — | — | — | 0Source | 72,853Source | — | — |
| Net Income (Loss) Attributable to ParentUSD | — | — | -384,516Source | -3,569,636Source | -121,063Source | -210,111Source | -1,066,516Source | -208,339Source | -1,295,041Source | -4,514,971Source | -1,580,733Source | -540,037Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | — | — | — | -121,063Source | -210,111Source | — | -208,339Source | -1,295,041Source | — | — | — |
| Operating ExpensesUSD | — | — | 111,446Source | 3,246,179Source | 154,746Source | 117,084Source | 168,472Source | 174,232Source | 485,738Source | 4,138,157Source | 1,774,100Source | 541,219Source |
| Other Nonoperating Income (Expense)USD | — | — | -273,070Source | -323,457Source | 33,683Source | -93,027Source | -898,044Source | -34,107Source | -809,303Source | — | — | — |
| Proceeds from Issuance of Common StockUSD | — | — | — | — | — | — | 37,100Source | 50,277Source | 83,117Source | 371,070Source | 412,500Source | 162,500Source |
| Proceeds from Noncontrolling InterestsUSD | — | — | — | — | — | — | 194,000Source | 163,000Source | 539,500Source | 415,000Source | 215,500Source | — |
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | — | — | — | — | — | — | — | — | — | — |
| Accretion Expense | — | — | — | — | —Source | —Source | — | — | — | — | — | — |
| Derivative, Gain (Loss) on Derivative, Net | — | — | — | —Source | — | — | — | — | — | — | — | — |
income statement · annual statements
| Line item | Q4 2025 | Q4 2024 | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total RevenueUSD | — | — | 0Source | 0Source | — | 0Source | — | 0Source | 0Source | 7,195Source | 1,603Source | 13,944Source |
| Cost of RevenueUSD | — | — | 0Source | 0Source | — | 0Source | — | 0Source | 0Source | 7,313Source | 995Source | 12,762Source |
| Selling, General and Administrative ExpenseUSD | — | — | 111,446Source | 3,224,679Source | 154,746Source | 117,084Source | 168,472Source | 174,232Source | 485,738Source | 4,116,657Source | 1,709,100Source | 100,745Source |
| Operating Income (Loss)USD | — | — | -111,446Source | -3,246,179Source | -154,746Source | -117,084Source | -168,472Source | -174,232Source | -485,738Source | -4,138,275Source | -1,773,492Source | — |
| Other Nonoperating Income (Expense)USD | — | — | -273,070Source | -323,457Source | 33,683Source | -93,027Source | -898,044Source | -34,107Source | -809,303Source | — | — | — |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | — | — | -384,516Source | -3,569,636Source | -121,063Source | -210,111Source | -1,066,516Source | -208,339Source | -1,295,041Source | -4,514,971Source | -1,580,733Source | -540,037Source |
| Income Tax Expense (Benefit)USD | — | — | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | — |
| Net Income (Loss) Attributable to ParentUSD | — | — | -384,516Source | -3,569,636Source | -121,063Source | -210,111Source | -1,066,516Source | -208,339Source | -1,295,041Source | -4,514,971Source | -1,580,733Source | -540,037Source |
| Earnings Per Share, DilutedUSD per share | — | — | 0Source | -0.07Source | 0Source | 0Source | 0Source | 0Source | -0.01Source | -0.06Source | — | — |
| Weighted Average Number of Shares Outstanding, Basicshares | — | — | — | — | — | — | — | — | — | — | 47,322,946Source | — |
| Weighted Average Number of Shares Outstanding, Dilutedshares | — | — | 178,328,335Source | 50,843,473Source | 1,052,560,477Source | 144,333,872Source | 603,713,576Source | 124,186,666Source | 195,341,729Source | 78,193,535Source | — | — |
| Additional Financial Items | ||||||||||||
| Financing Interest ExpenseUSD | — | — | — | — | — | — | — | — | — | 0Source | 200,616Source | — |
| Gross ProfitUSD | — | — | 0Source | 0Source | — | 0Source | — | 0Source | 0Source | -118Source | 608Source | 1,182Source |
| Interest ExpenseUSD | — | — | 317,313Source | 98,322Source | 581,586Source | 63,121Source | 544,468Source | 62,054Source | 953,742Source | -491,385Source | — | — |
| Interest Income (Expense), NetUSD | — | — | — | — | — | — | 544,468Source | 62,054Source | 953,742Source | -491,385Source | — | — |
| Labor and Related ExpenseUSD | — | — | — | — | — | — | — | — | — | — | — | 117,016Source |
| Marketing and Advertising ExpenseUSD | — | — | — | — | — | — | — | — | — | — | — | 118,786Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | — | — | — | -121,063Source | -210,111Source | — | -208,339Source | -1,295,041Source | — | — | — |
| Operating ExpensesUSD | — | — | 111,446Source | 3,246,179Source | 154,746Source | 117,084Source | 168,472Source | 174,232Source | 485,738Source | 4,138,157Source | 1,774,100Source | 541,219Source |
| Other ExpensesUSD | — | — | — | — | — | — | — | — | — | 376,696Source | 192,759Source | — |
| Selling and Marketing ExpenseUSD | — | — | — | — | — | — | — | — | — | — | 1,709,100Source | — |
Offerings
Registration 333-292787
Registration 333-282997
- Offering price
- market-price
- Ticker
- CBDW
Filing attachments
cbdw_ex991.htm · 8-K · 2026-10-06
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, sale or assignment of its contractual rights and interests relating to the project, as well as financing and joint venture opportunities. PHOENIX, AZ - October 6th, 2026 - 1606 Corp. (OTC: CBDW) (“1606” or the “Company…
Read attachment ↗cbdw_ex991.htm · 8-K · 2026-09-16
EX-99.1 2 cbdw_ex991.htm PRESS RELEASE cbdw_ex991.htm EXHIBIT 99.1 1606 Corp. Signs LOI for Potential Transaction Involving Texas Power Plant and Data Center Project PHOENIX, Ariz., September 16, 2026 - 1606 Corp. (OTC: CBDW) (“1606” or the “Company”) today announced that it has entered into a non-binding Letter of Intent (the “LOI”), dated September 6, 2026, with Prime Tex Group, USA (“Prime Tex”), a large-scale industrial group, regarding Prime Tex’s preliminary interest in evaluating a…
Read attachment ↗cbdw_ex991.htm · 8-K · 2026-09-08
EX-99 2 cbdw_ex991.htm PRESS RELEASE cbdw_ex991.htm 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 centers and AI-related energy opportunities, today announced that it has executed a Letter of Intent (“LOI”) with EthosEnergy O&M (EEOM) regarding the planned oper…
Read attachment ↗cbdw_ex991.htm · 8-K · 2026-08-25
EX-99.1 2 cbdw_ex991.htm PRESS RELEASE cbdw_ex991.htm EXHIBIT 99.1 1606 Corp. Advances Project as MDM and Company Pursues Data Center End Users, Plant Recommissioning and Strategic Sale Opportunities MDM Group and 1606 Corp is actively marketing Lufkin powered site as 1606 advances plant operations, end-user outreach and acquisition strategy PHOENIX, AZ - August 25, 2026 - 1606 Corp. (OTC: CBDW) (“1606” or the “Company”), an emerging infrastructure company focused on powered land, data …
Read attachment ↗cbdw_ex991.htm · 8-K · 2026-08-11
EX-99.1 2 cbdw_ex991.htm PRESS RELEASE cbdw_ex991.htm EXHIBIT 99.1 1606 Corp. Engages MDM Group to Market Lufkin 55 MW Powered Site to AI Infrastructure Operators and Strategic Buyers Strategic agreement leverages experienced AI infrastructure team with powered-site platform Phoenix, AZ, August 11th, 2026 - 1606 Corp. (OTC: CBDW) ("1606" or the "Company"), a developer of next-generation power and digital infrastructure assets, today announced that it has entered into a strategic agreemen…
Read attachment ↗cbdw_ex41.htm · 8-K · 2026-07-24
EX-4.1 2 cbdw_ex41.htm ADDENDUM wordproof.doc EXHIBIT 4.1 Addendum This Addendum (this "Addendum") is entered into as of June 9, 2026, by and between 1606 Corp., a Nevada corporation (the "Borrower"), and Gregory Lambrecht (the "Holder"), and shall serve as an addendum to, and shall amend, the Amended and Restated Promissory Note dated December 31, 2025 (the "Note"), which Note traces its origin to the promissory note originally dated November 8, 2021. The outstanding principal balance of…
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