1606

1606 Gross Margin

The Gross Margin of 1606 (CBDW) as of Nov 13, 2026 is -1.64 %. In the previous year, Gross Margin was 37.93 % — a change of -104.32% (lower).

Gross Margin

-1.64 %

YoY

-104.32%

Last updated:

Gross Margin of 1606 is 2024 -1.64 % . Gross Margin of 1606 was 2023 37.93 % . It decreases by -104.32% lower compared to the previous year.

1606's gross margin stands at -1.6%, down from 36.3% several years earlier.

The 1606 Gross Margin history

  • 3 Years

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  • 25 Years

  • Max

Gross Margin
Date
Gross Margin
Jan 1, 2021
36.32 USD
Jan 1, 2022
8.48 USD
Jan 1, 2023
37.93 USD
Jan 1, 2024
-1.64 USD
The 1606 Gross Margin history
YEARGross MarginYoY
-1.64 %-104.32%
37.93 %+347.45%
8.48 %-76.66%
36.32 %—

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1606 Stock analysis

What does 1606 do? 1606 Corp manufactures tobacco products and offers hemp cigarettes as an alternative to traditional cigarettes for smokers aged 21+ without nicotine or tobacco. The company's hemp cigarettes are made from organically grown hemp flowers free of pesticides and contaminants, promoting health benefits like pain management and reduced anxiety. Customers include distributors, convenience stores, smoke shops, and individual purchasers who buy the products online via www.1606hemp.com or through over 300 retail stores. The company sells pre-rolled hemp cigarettes in 20-packs and single sticks in plastic casings. 1606 Corp's revenue comes from direct online sales through its website and retail distribution across more than 300 stores. The company targets health-conscious smokers seeking nicotine-free options, focusing on pain management, anxiety reduction, and enhanced wakefulness. Its products are marketed as industrial grade smokable filtered hemp, appealing to consumers who prefer organic, pesticide-free alternatives. The company does not mention any other revenue streams or additional product lines beyond hemp cigarettes and their packaging formats. The business model relies on selling directly to consumers online and through retail partnerships. 1606 Corp's products are distributed to convenience stores, smoke shops, and individual buyers, with a strong emphasis on the health benefits claimed for hemp-based products. The company's website serves as the primary sales channel, complemented by physical retail presence in over 300 stores across the U.S. 1606 is one of the most popular companies on Eulerpool.

Frequently Asked Questions about 1606 stock

Gross Margin of 1606 is -1.64 % in 2024.

Gross Margin of 1606 changed from 37.93 % to -1.64 %, representing a -104.32% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Gross Margin 1606 since 2006 – with annual values, charts, and detailed analysis.

Gross Margin measures the percentage of revenue remaining after COGS. Higher gross margins indicate more efficient production and stronger pricing power.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Gross Margin's 1606 with sector peers and the industry average to assess whether it is attractive.

To evaluate Gross Margin's, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Gross Margin.

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