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1606 (CBDW) Other Cash Receipts from Operating Activities


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What is 1606 Other Cash Receipts from Operating Activities?

Other Cash Receipts from Operating Activities only applicable to companies reporting Cash Flow from Operations in direct method.


1606 Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » 1606 Corp (OTCPK:CBDW) » Definitions » Other Cash Receipts from Operating Activities
Traded in Other Exchanges
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Address
2425 E. Camelback Road, Suite 150, Phoenix, AZ, USA, 85016
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.