` CBDW (1606 Corp) vs S&P 500 Comparison - Alpha Spread

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CBDW
vs
S&P 500

Over the past 12 months, CBDW has underperformed S&P 500, delivering a return of -89% compared to the S&P 500's +13% growth.

Stocks Performance
CBDW vs S&P 500

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Performance Gap
CBDW vs S&P 500

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CBDW
S&P 500
Difference
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Performance By Year
CBDW vs S&P 500

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Competitors Performance
1606 Corp vs Peers

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1606 Corp
Glance View

Market Cap
330k USD
Industry
Tobacco

1606 Corp. manufactures tobacco products. The company is headquartered in Phoenix, Arizona and currently employs 2 full-time employees. The company went IPO on 2023-01-12. The company is engaged in providing smokers aged 21+ an alternative to traditional cigarettes that do not contain nicotine or tobacco, and promote health benefits, such as pain management, reduced anxiety and enhanced wakefulness. Its hemp cigarettes are manufactured with hemp flowers and are nicotine-free, tobacco-free and organically grown free of pesticides and other contaminants. Its customers comprises of distributors and retail customers, including convenience stores, smoke shops and individual purchasers. The company sells its products directly online through its website, www.1606hemp.com, and ship them directly to anywhere within the United States. Its products are also sold in over 300 retail stores. The company distributes and markets industrial grade smokable filtered hemp. The company offers pre-rolled hemp cigarettes in the traditional 20-pack casing and single stick offered in a plastic casing.

CBDW Intrinsic Value
Not Available
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