SEATTLE, WA -- February 13, 2024 -- InvestorsHub NewsWire --
1606 Corp. (OTC
Pink: CBDW) (the "Company" or "CBDW"), one of the fastest
growing AI Chatbot development companies, announces a strategic
partnership with Flex Payment Solutions, a major credit card
processor for CBD companies. This partnership enhances the
Company's commitment to innovative solutions for businesses and
revenue growth.
Greg Lambrecht, CEO of 1606 Corp., expressed enthusiasm for the
collaboration, stating, "this partnership with Flex Payment
Solutions marks a pivotal moment for CBDW as we expand our
marketing reach to hundreds of their existing clients which will
strengthen our position in the market."
The collaboration will focus on cross marketing, special
promotions, and the development of advanced payment options for the
ChatCBDW ChatBot. By joining forces with Flex Payment Solutions,
CBDW aims to streamline transactions, improve customer experiences,
and foster growth in the CBD industry.
With existing platform partners CannaSite and distribution
partner Cool Blue Distribution, the addition of Flex Payment
Solutions to the ecosystem positions CBDW as a comprehensive AI
service provider in the CBD industry. The combined expertise of
these strategic partners enables CBDW to offer end-to-end
solutions, from advanced AI-driven chatbot technology to secure and
efficient payment processing and platform development with search
engine optimization (SEO), all of the components to help grow CBD
businesses and brands.
Flex Payment Solutions, a recognized leader in innovative
payment solutions, brings a wealth of experience in creating
seamless and reliable payment experiences for businesses. Their
commitment to staying at the forefront of payment technology aligns
with CBDW's vision of providing cutting-edge solutions to the CBD
industry.
As the CBD industry continues to grow, the demand for integrated
solutions becomes more pronounced. The partnership with Flex
Payment Solutions positions CBDW at the forefront of addressing
these evolving needs. Through synergies and collaboration, CBDW
aims to not only meet but exceed the expectations of CBD businesses
and consumers alike.
Mike Biegalski, VP of Flex Payment Solutions stated, "we're
excited to partner with CBDW to offer this outstanding product,
ChatCBDW, to our existing customer base and we look forward to
developing a true end-to-end solution to compliment the current
conversational AI driven merchandising capabilities of the their
chatbot."
About FLEX Payment Solutions - An Experienced
Alternative Processing Provider
FLEX Payment Solutions isn't called FLEX without reason. A suite of
flexible processing solutions is what businesses demand to maintain
proper cash flow in modern times, so that is exactly what the team
has built. A network of specialized banking partners with
alternative processing experience and powerful in-house technology
fuel a program that is built to help brand new or well established
companies.
For more information - FLEX Payment
Solutions | Trusted Credit Card & ACH Payment
Processing
About 1606 Corp.
1606 Corp. stands at the forefront of technological innovation,
particularly in the online CBD industry. Our mission is to
revolutionize customer service, addressing the most significant
challenges faced by consumers in the digital marketplace. We are
dedicated to transforming the CBD industry through cutting-edge AI
centric solutions, ensuring a seamless and efficient customer
experience.
As a visionary enterprise, 1606 Corp. equips businesses with the
advanced tools they need to excel in the competitive digital
landscape. Our commitment to innovation and quality positions us as
a leader in the field, driving the industry forward and setting new
benchmarks for success and customer satisfaction.
Industry Information
The global artificial intelligence market has seen remarkable
growth, valued at $428 billion in 2022 and projected to
reach $2.25 trillion by 2030. With a compound annual
growth rate (CAGR) ranging from 33.2% to 38.1%, AI's global impact
is undeniable, with as many as 97 million individuals expected to
work in the AI sector by 2025, according to
fortunebusinessinsights.com
Forward-Looking Statements
This press release includes statements that may be deemed to be
"forward-looking statements" under federal securities laws, and we
intend that such forward-looking statements be subject to the
safe-harbor created thereby. To the extent that the information
presented in this press release discusses financial projections,
information, or expectations about our business plans, results of
operations, products or markets, or otherwise makes statements
about future events, such statements are forward-looking. Such
forward-looking statements can be identified by the use of words
such as "should", "may," "intends," "anticipates," "believes,"
"estimates," "projects," "forecasts," "expects," "plans," and
"proposes." Specific forward-looking statements in this press
release include, among others, statements regarding the expected
trading of our shares on The Nasdaq Capital Market, the expected
closing of the offering, and the intended use of the net proceeds
of the offering. Although we believe that the expectations
reflected in these forward-looking statements are based on
reasonable assumptions, there are a number of risks and
uncertainties that could cause actual results to differ materially
and adversely from such forward-looking statements. You are urged
to carefully review and consider any cautionary statements and
other disclosures, including the statements made under the heading
"Risk Factors" in the prospectus included in the Registration
Statement and elsewhere in documents that we file from time to time
with the SEC. Forward-looking statements speak only as of the date
of the document in which they are contained, and 1606 Corp. does
not undertake any duty to update any forward-looking statements
except as may be required by law. References and links to websites
have been provided as a convenience, and the information contained
on such websites is not incorporated by reference into this press
release.
SOURCE 1606 Corp
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