1606 Corp. Announces Transition to OTCID Tier, Marking... PHOENIX, ARIZONA / ACCESS Newswire / May 20, 2025 / 1606 Corp. (OTC:CBDW) (the "Company") is pleased to announce that, effective July 1, 2025, the Company will be moving from the OTC Pink to the OTC ID designation within the OTC Markets platform. This upgrade represents a meaningful advancement in the Company's transparency, regulatory compliance, and overall market visibility as it continues to position itself for long-term growth.
Over the past year, 1606 Corp. has made significant strides operationally, strategically, and financially that aligns with the Company's long-term goals and shareholder value strategy. We believe this also puts the Company in position for a future listing on a senior exchange such as NASDAQ or another national market that best serves the interests of its shareholders.
"This transition to OTCID is a milestone that reflects our deep commitment to transparency, credibility, and building long-term investor confidence," said Austen Lambrecht, CEO of 1606 Corp. "It's an important step forward, but it's also just the beginning. We are focused on scaling our business in a sustainable way that supports our vision for the future."
As 1606 Corp. continues to expand its footprint and strengthen its operations, the shift to OTCID underscores the Company's evolving leadership and its clear focus on long-term value creation.
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