1606 CORP. Announces Agreement to Market East Texas Power Campus

What Happened

• On August 11, 2026, 1606 Corp. (CBDW) filed a Form 8-K disclosing a strategic agreement with MDM Group LLC to market the company’s planned ~132-acre East Texas (Lufkin) power campus. The campus includes roughly 55 MW of behind-the-meter generation capacity and an existing industrial facility. MDM Group is an infrastructure origination firm focused on AI data center development, powered land, and digital infrastructure transactions.

Key Details

• Date of disclosure: August 11, 2026 (Form 8-K, Item 7.01).
• Property: ~132-acre Lufkin, Texas power campus with ~55 MW behind‑the‑meter generation and an existing industrial facility.
• Partner: MDM Group LLC — tasked with identifying, qualifying, and introducing prospective buyers, long‑term capacity off‑takers, and joint‑venture partners.
• Press release furnishing: Exhibit 99.1 was furnished with the 8-K.

Why It Matters

• This is a marketing and origination agreement, not a sale announcement. It signals 1606’s intent to pursue buyers, capacity off‑takers, or partners for a sizable energy and industrial asset targeted at AI infrastructure operators.
• For investors, a successful engagement could lead to asset sales, long‑term capacity contracts, or joint ventures that affect future revenue or balance‑sheet composition. The filing does not provide financial terms, timelines, or guarantees of a transaction.