1606 Corp.

1606 Corp. (OTC: CBDW) signed a definitive agreement to acquire a majority controlling interest in Sim Agro Inc., a global power-plant operations company. The deal supports 1606 Corp.'s strategy to develop captive power and data center infrastructure for AI and high-performance computing. The company is also under contract to acquire a 132-acre Texas property in Lufkin with a 50,000 SF warehouse, scheduled to close May 22, 2026. Sim Agro brings over 40 years of power-generation experience and $2.5 million in inventory. Dr. Karthik Raghavan will join the 1606 board. Power infrastructure contractors and energy vendors should track this emerging platform.