1606 Corp. Signs Definitive Agreement to Acquire Sim Agro to Develop, Acquire, and Operate Data Center and Power Assets

PHOENIX, AZ / ACCESS Newswire / May 4, 2026 / 1606 Corp. (OTC:CBDW) ("1606" or the "Company") today announced it has signed a definitive agreement to acquire a majority controlling interest in Sim Agro Inc., a global power-plant operations and energy-infrastructure company. The company has been able to generate revenue from operating and consulting on power projects.