1606 Corp (CBDW)

[resx18]

$CBDW Stock Is Now Trading on the OTCID Platform
1606 Corp.
Tue, July 1, 2025 at 8:00 AM EDT


SEATTLE, WASHINGTON / ACCESS Newswire / July 1, 2025 / 1606 Corp. (OTCID:CBDW), an artificial intelligence ("AI") company (the "Company"), is proud to announce that it's Common Stock is now officially trading under the OTCID designation on the OTC Markets platform. This milestone reflects the Company's commitment to higher transparency, regulatory compliance, and enhanced visibility among investors and market participants. Among other things, the move is a result of the Company's ability to timely file required reports with the Securities and Exchange Commission (the "SEC") since inception in 2021.

The approval to be quoted on the OTCID platform-one of the premier tiers within the OTC Markets-signals that 1606 Corp. has met the platform's strict reporting and disclosure standards. For current and prospective investors, this change represents improved access to timely, reliable information and increased confidence in the Company's operational integrity.

"Trading on OTCID is a meaningful step forward in our growth journey," said Austen Lambrecht, CEO of 1606 Corp. "It reflects our dedication to transparency, investor engagement, and is a step in preparation toward a potential listing on a national exchange. This is the foundation upon which we will continue to build long-term value."

The Company believes over the past year, 1606 Corp. has made significant strategic and operational strides, positioning itself for accelerated AI and market growth in the months ahead. The Company believes the move to OTCID supports these efforts by improving market credibility and expanding the Company's reach to a broader base of institutional and retail investors.

This transition also aligns with the Company's long-term vision to qualify for a listing on a senior U.S. exchange, such as NASDAQ, further enhancing shareholder value and liquidity potential. The Company continues to successfully explore a range of strategic initiatives designed to support its growth trajectory and expand market presence.

The Company has maintained significant trading volume, has a large shareholder base, has been reporting on time with the SEC since inception, and has limited debt. As 1606 Corp. continues to scale, it remains focused on sustainable business development, disciplined execution, and delivering value to its shareholders. The Company believes these factors and its continued development make 1606 Corp. a valuable and sought after public entity in a great position for future growth.