1606 Corp. Signs Second Major ISO Partnership with CannaSite, a Top CBD Web Developer to Market AI Merchandising Chatbots by 1606.
January 18 2024 - 8:36AM
InvestorsHub NewsWire
1606
Corp. Signs Second Major ISO Partnership with CannaSite, a Top CBD
Web Developer to Market AI Merchandising Chatbots by
1606.
SEATTLE, WA -- January 18, 2024 -- InvestorsHub NewsWire -- 1606
Corp. (OTC Pink: CBDW) (the "Company"), an industry
leader in the development of AI-powered merchandising chatbots,
proudly announces a groundbreaking Independent Sales Organization
(ISO) agreement with CannaSiteCo., a dynamic player in the cannabis
digital space. This strategic partnership aims to leverage
CannaSite's robust client base and industry influence to expand the
reach and impact of 1606 Corp.'s innovative chatbot solutions.
CannaSite, known for its modern website development and digital
marketing services in the cannabis sector, brings a substantial
network of more than 300 clients to this partnership. Focused on
launching websites quickly that prioritize user experience and the
customer journey, CannaSite is looking to add more value for their
clients with this affiliation. This alliance is poised to
significantly amplify 1606 Corp.'s market penetration and client
engagement, enhancing the Company's already strong position in AI
merchandising technology.
Adding to the strategic significance of this partnership, the
head of business development at CannaSite is a respected member of
the board of the Texas Hemp Coalition. This key industry connection
underscores the potential for substantial growth and influence that
this agreement brings to 1606 Corp. investors and clients.
Greg Lambrecht, CEO of 1606 Corp., expressing his enthusiasm
about the new agreement, stated "this partnership with CannaSite
marks a pivotal moment in our journey to redefine AI-driven retail
solutions in the cannabis industry. Leveraging CannaSite's
extensive client network and their leadership's profound industry
influence, we are set to substantially broaden our reach. The
involvement of a key figure from the Texas Hemp Coalition on their
team not only amplifies our strategic impact but also aligns
perfectly with our vision to innovate and lead in this space."
Caron Cooper, CEO of CannaSiteCo., said: "1606 Corp.'s chatbot
was developed to help dispensaries and ecommerce brands boost sales
conversions and create an easy customer experience — two top
priorities of our web design philosophy and process. This
partnership complements both companies' services and provides
another option for our clients to grow faster."
This ISO agreement is more than a business expansion for 1606
Corp.; it's a testament to the Company's commitment to delivering
state-of-the-art AI solutions tailored to the unique needs of the
cannabis industry. With this new partnership, CannaSite is poised
to implement a robust AI tool to enhance and help ecommerce
cannabis customers. In 2022, ecommerce accounted for nearly 19% of
retail sales worldwide. 1606 Corp. is poised to set new benchmarks
in AI merchandising and reinforce its position as a leading
innovator in the market.
About CannaSite
CannaSite is a leading provider of web design and digital
marketing services in the cannabis industry with a robust client
base and significant industry connections. Offering website
packages for every cannabis company in any stage of business, their
mission is to provide strategic website design that keeps the user
jonesing for more. Their partnership with 1606 Corp is set to
revolutionize the AI merchandising landscape in the cannabis
sector.
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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