1606 Corp. Schedule 13G: 76M Shares (8.6%)

1606 Corp. reports that Greg Paul Lambrecht beneficially owns 76,000,000 shares of Common Stock, representing 8.6% of the class.

Rhea-AI Filing Summary

1606 Corp. reports that Greg Paul Lambrecht beneficially owns 76,000,000 shares of Common Stock, representing 8.6% of the class. The filing states 883,850,971 shares outstanding as of April 23, 2026, and indicates sole voting and dispositive power over the reported shares.

Insights

Equity Ownership Analyst

Large passive holding disclosed: 76,000,000 shares (8.6%) reported by Greg Paul Lambrecht.

The Schedule 13G shows beneficial ownership of 76,000,000 shares with sole voting and dispositive power. The holder reports a passive ownership threshold consistent with a Section 13 filing style for holdings above 5%.

Disclosure ties the percentage to April 23, 2026 outstanding shares of 883,850,971. Future filings could show changes; timing and intent beyond this passive disclosure are not stated in the excerpt.

Key Figures

Shares beneficially owned: 76,000,000 shares Percent of class: 8.6% Shares outstanding: 883,850,971 shares +1 more

4 metrics

Shares beneficially owned 76,000,000 shares amount beneficially owned reported by Greg Paul Lambrecht

Percent of class 8.6% percent of common stock based on outstanding shares as of filing date

Shares outstanding 883,850,971 shares shares outstanding as of <date>April 23, 2026</date>

CUSIP 68249C101 identifier for Common Stock in filing header

Key Terms

Schedule 13G, Beneficially owned, Sole dispositive power

3 terms

Schedule 13G regulatory

"Item 1. (a) Name of issuer: 1606 Corp."

A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.

Beneficially owned financial

"Item 4. (a) Amount beneficially owned: 76,000,000 shares"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

Sole dispositive power regulatory

"Item 4. (c)(iii) Sole power to dispose or to direct the disposition of: 76,000,000"

Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.

FAQ

What stake does Greg Paul Lambrecht report in 1606 Corp. (CBDW)?

He reports beneficial ownership of 76,000,000 shares equal to 8.6% of the common stock. The percentage is calculated using 883,850,971 shares outstanding as of April 23, 2026 shown in the filing.

Does Greg Paul Lambrecht have voting control over the reported shares?

Yes. The filing states he has sole voting power and sole dispositive power over 76,000,000 shares. The Schedule 13G lists zero shared voting or dispositive power.

What date anchors the ownership percentage in the Schedule 13G for CBDW?

The ownership percentage is anchored to April 23, 2026. The filing cites 883,850,971 shares outstanding as of April 23, 2026 for the 8.6% calculation.

What class of security and CUSIP are reported in the filing?

The filing covers Common Stock, $0.0001 par value per share with CUSIP 68249C101. These identifiers appear on the Schedule 13G cover and Item 2(e).

Is the Schedule 13G indicating passive or activist intent for the holding?

The form type is a Schedule 13G disclosure, typically used for passive ownership reporting. The filing text does not state activist intent or plans to change control or influence corporate actions.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 04/23/2026 - 08:17 PM Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

1606 Corp.

(Name of Issuer)

Common Stock, $0.0001 par value per share

(Title of Class of Securities)

68249C101

(CUSIP Number)

04/23/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 68249C101

1

Names of Reporting Persons

Greg Paul Lambrecht

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 76,000,000.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 76,000,000.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

76,000,000.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

8.6 %

12

Type of Reporting Person (See Instructions)

IN

Comment for Type of Reporting Person: __________________ (1) Based on 883,850,971 shares of the Issuer's Common Stock outstanding as of April 23rd, 2026.

SCHEDULE 13G

Item 1.
(a)	Name of issuer: 1606 Corp.
(b)	Address of issuer's principal executive offices: 2425 E Camelback Rd. Suite 150 Phoenix AZ 85016
Item 2.
(a)	Name of person filing: Greg Paul Lambrecht
(b)	Address or principal business office or, if none, residence: Residence
(c)	Citizenship: United States
(d)	Title of class of securities: Common Stock, $0.0001 par value per share
(e)	CUSIP Number(s): 68249C101
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: (a) 76,000,000 shares of common stock in 1606 Corp, Ticker CBDW
(b)	Percent of class: 8.6%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 76,000,000
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 76,000,000
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.	Certifications:
	Not Applicable

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Greg Paul Lambrecht

Signature:	/s/ Greg Paul Lambrecht
Name/Title:	Greg Paul Lambrecht
Date:	04/23/2026