Business
1606 Corp Increases Production To Meet CBD Product Demand
1606 Corp Increases Production To Meet CBD Product Demand.
About this update from Singlepoint, Inc.
[{"type":"text","content":"\n\n\n\n1606 Corp Increases Production To Meet CBD Product Demand\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n1606 Corp Increases Production To Meet CBD Product Demand\nPR Newswire\nPHOENIX, May 11, 2023\n\n\n\nPHOENIX, May 11, 2023 /PRNewswire/ -- 1606 Corp. (OTC: CBDW), an acquisition-based CBD holding company today announced that production of $150,000 in new inventory has been ordered to meet demand from new distributor's representing 1606's Brio Nutrition line of CBD products.\n\n \n \n \n \n \n \n\n \nBrio Nutrition is a rapidly growing health and wellness CBD brand, owned by 1606 Corp, and has recently secured a major distribution deal with Cool Blue Distribution. As part of this deal, Brio Nutrition is supplying its CBD products to some Cool Blue's extensive network of over 800 stores. To keep up with the demand generated by exciting new partnerships, Brio Nutrition has announced that it has ordered $150,000 in new inventory to accommodate demand, and a more substantial order in the works. \nThe products have been well received by consumers, resulting in a significant increase in sales for 1606 Corp. The success of the Brio Nutrition products in the market is largely due to their high-quality, innovative CBD formulations. Brio has excelled through top tier branding and packaging. This has resulted in a loyal customer base that continues to grow nationwide.\n\"The partnership with Cool Blue has been great, which gives us access to their network which is why we have to place a new inventory order. Our margins are great, so this is a big step for Brio and for CBDW,\" said Greg Lambrecht, CEO 1606 Corp.\nAbout 1606 Corp;In April 2021, 1606 Corp. was spun off from Singlepoint Inc. (OTCQB: SING).1606 has been able to add a variety of CBD products under the Brio Nutrition line, and smokable hemp brands Truz and CBD Singlz. The company intends to acquire Companies in the CBD, including brands, distribution, retail outlets, and manufacturing. 1606 Corp. was awarded the ticker symbol CBDW in mid-January 2022.\nIndustry Information;Rates of cannabidiol (CBD) usage ...