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CBDW / 1606 Corp to acquire majority stake in Indian nutraceuticals company, moving closer to national exchange listing

1606 Corp. (OTC:CBDW) said it has signed a definitive letter of understanding to purchase 51% of India-based nutraceutical company Sanctum Herbal Corp for $7.2 million in a combination of cash and stock in a deal expected to close this month, pending an inspection of Sanctum's facilities. 1606 Corp. (OTC:CBDW)senior executive Austen Lambrecht is currently conducting an on-site factory survey, inspecting the inventory outlined in the deal and meeting management, the company said. Read More

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CBDW

Posted: Mar 8 2023, 09:25

Author Name: Proactive Investors

CBDW News

By Proactive Investors
November 3, 2023

1606 hails successful launch of AI-powered chatbot ChatCBDW

1606 Corp. (OTC:CBDW) said the launch of its artificial intelligence (AI)-powered chatbot ChatCBDW designed for the CBD industry earlier this week was

By Proactive Investors
October 31, 2023

1606's AI-powered merchandising chatbot ChatCBDW now available

1606 Corp. (OTC:CBDW) announced that its artificial intelligence (AI)-driven online merchandising technology designed for the CBD and wellness indust

By Proactive Investors
October 26, 2023

1606 to launch AI chatbot ChatCBD early next week

1606 Corp. (OTC:CBDW) shares rocketed more than 50% higher in pre-market trade on Thursday after the company announced its artificial intelligence (AI

By Proactive Investors
October 4, 2023

1606 seeing significant interest in licensing ChatCBD to CBD retailers

1606 Corp. (OTC:CBDW) is seeing significant interest in its artificial intelligence chatbot for the CBD sector ChatCBD from major players in the indus

By Proactive Investors
September 27, 2023

ChatCBD: How small-cap 1606 is bringing AI to weed-buying consumers

1606 Corp. (OTC:CBDW) is spearheading a revolutionary shift in the customer experience with the introduction of ChatCBD, integrating artificial intell

By Proactive Investors
September 26, 2023

1606 partners with Cool Blue to launch new AI customer experience ChatCBD

1606 Corp. (OTC:CBDW), which intends to rename itself CBDW AI, has announced the upcoming launch of ChatCBD, a revolutionary artificial intelligence (

By Proactive Investors
September 7, 2023

1606 taps AR XTLabs to develop AI chatbot for CBD sector

1606 Corp. (OTC:CBDW), which intends to rename itself CBDW AI, said it has entered into a partnership with leading backend development firm AR XTLabs

By Proactive Investors
September 6, 2023

1606 updates investors on name change to CBDW AI

1606 Corp. (OTC:CBDW) said its board and shareholders have approved its name change to CBDW AI, a name it believes aligns more closely with its strate

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