2023-05-09 10:47:20 ET
- 1606 ( OTCPK:CBDW ), an acquisition-based CBD holding company today announced that the company closed a distribution deal with SurgePays ( NASDAQ: SURG ).
- Under this agreement, SurgePays has agreed to distribute 1606's Hemp smokable products to its thousands of registered retail store customers.
- Jeremy Gies, President of SurgePays Fintech, said, "This distribution agreement allows SurgePays to provide retail store owners with in-demand products at good margins that drive revenue. We are currently staging the onboarding pipeline of over 25,000 more convenience store locations transacting on our network. One of our channel goals is to create a distribution marketplace with quality products and quality partners that increases revenue per store and 1606 Corp. provides just that."
For further details see:
1606 Corp. and SurgePays enter distribution agreement