1606 (CBDW) Buildings And Improvements : $0.00 Mil (As of Mar. 2025)

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What is 1606 Buildings And Improvements?

1606 Buildings And Improvements Historical Data

The historical data trend for 1606's Buildings And Improvements can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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1606 Buildings And Improvements Chart

1606 Annual Data

Trend

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Buildings And Improvements

1606 Quarterly Data
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1606 Buildings And Improvements Calculation

Buildings are typically valued at the time of acquisition or construction. Broker and architect fees, permits, etc. can be covered within this category. Building components, such as a roof, are normally recorded separately in an asset register since the value and useful lives of these components equal much less than the building itself.

Building improvements that extend the useful life of a building will fall into the category of “building improvements” and should be capitalized. Improvements are commonly recorded at acquisition cost. Building improvement examples include roofing, remodeling, replacements, etc.

1606 Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » 1606 Corp (OTCPK:CBDW) » Definitions » Buildings And Improvements

Comparable Companies

Traded in Other Exchanges

N/A

Address

2425 E. Camelback Road, Suite 150, Phoenix, AZ, USA, 85016

Website

https://www.cbd.inc

1606 Corp offers technological, particularly in AI Chatbots specifically made for the CBD industry. Company partnered with ARXT Labs to create a proprietary Chatbot using AI to answer customer questions and recommend a product based on their answers and preferences; then signed a distribution contract with Cool Blue Distribution to sell the service to CBD companies as well as offer their CBD expertise through Cool Blue's owner, Don Flanagan. In late 2023, it debuted first chat bot, chatCBDW by CBDW AI, and began signing up customers to test and implement the bot on their CBD websites.