1606 Corp. (OTC:CBDW) announced that it has signed a strategic partnership with major CBD credit card processor Flex Payment Solutions.
The company said the collaboration will focus on marketing, special promotions, and the development of advanced payment options for its merchandising chatbot ChatCBDW.
"This partnership with Flex Payment Solutions marks a pivotal moment for CBDW as we expand our marketing reach to hundreds of their existing clients which will strengthen our position in the market,” 1606 CEO Greg Lambrecht said in a statement.
Flex Payment Solution vice president Mike Biegalski commented: "We're excited to partner with CBDW to offer this outstanding product, ChatCBDW, to our existing customer base and we look forward to developing a true end-to-end solution to compliment the current conversational AI-driven merchandising capabilities of their chatbot."
1606 believes that this partnership, along with its collaborations with platform partner CannaSite and distribution partner Cool Blue Distribution, positions the company as a comprehensive service provider for the CBD industry.
With these partnerships combined, 1606 said can offer end-to-end solutions including advanced AI-driven chatbot technology to secure and efficient payment processing and platform development with search engine optimization (SEO), all of the components to help grow CBD businesses and brands.