1906

1906

Microdosed cannabis products for daily wellness

About 1906

Simplify's Rating
Why 1906 is rated
C-
Rated C on Competitive Edge
Rated C on Growth Potential
Rated D+ on Differentiation

Industries

Healthcare

Consumer Goods

Company Size

51-200

Company Stage

Late Stage VC

Total Funding

$33.4M

Headquarters

Denver, Colorado

Founded

2017

Overview

1906 offers cannabis-infused wellness products that are designed to fit into everyday life through microdosing. The products use hemp-derived Delta-9 THC with legal limits (below 0.3%), and are sold directly on their website as well as through retail partners. Each product is tailored to a functional experience such as happiness, energy, relaxation, or brainpower, helping health-conscious consumers find natural alternatives for daily well-being. The approach centers on simple, predictable usage that integrates with daily routines, aiming to normalize cannabis as a regular part of wellness. Compared with competitors, 1906 emphasizes microdosed, easy-to-understand formats and federal-compliant formulations, combined with a direct-to-consumer and retail distribution model. The goal is to make cannabis a trusted, normal component of daily wellness for people seeking natural options.

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Simplify's Take

What believers are saying

  • Connecticut Innovations invested seven figures in 2022 to fuel expansion.
  • Direct-to-consumer platform launched in 2023 reaches 39 additional states.
  • Leads microdose cannabis in 11 dispensary markets with #1 pills.

What critics are saying

  • Colorado banned 1906 operations after $400,000 settlement over Midnight Drops liver injuries.
  • Wana Brands captures 50-70% fast-acting edibles share in 6-12 months via distribution.
  • FDA warning letters seize Delta-9 THC products and ban sales in 12-24 months.

What makes 1906 unique

  • 1906 offers patented fast-acting capsules with 20-minute onset for wellness.
  • Microdosed THC:CBD blends target sleep, focus, energy, and intimacy precisely.
  • Products integrate nootropics and adaptogens for functional daily experiences.

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Funding

Total Funding

$33.4M

Above

Industry Average

Funded Over

2 Rounds

Late VC funding comparison data is currently unavailable. We're working to provide this information soon!
Late VC Funding Comparison
Coming Soon

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Health Savings Account/Flexible Spending Account

Unlimited Paid Time Off

Parental Leave

Telehealth Options

401(k) Company Match

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

-1%

2 year growth

0%
Forbes
Mar 20th, 2025
Edible Brands Launches New Hemp Delivery Site

Homepage for Edibles.com Courtesy of Edible BrandsEdible Brands, the Atlanta-based parent company of Edible Arrangements, the fruit basket gift franchise, is rolling out Edibles.com, a delivery marketplace for hemp products.Among the hemp brands featured in the ecommerce platform are top brands such as Cann, Wana and 1906.Although hemp was legalized as a result of the 2018 passage of the Farm Bill, the estimated $28 billion industry faces challenges in a market that lacks quality control and testing standards. According to cannabis industry veteran Thomas Winstanley, who serves as executive vice president for Edibles.com, the site fills a void in the marketplace when it comes to education and introducing customers to the products that best suits their needs.“Consumers today are actively seeking trusted sources for safe, high-quality hemp-derived products,” said Winstanley, who previously serves as chief marketing officer of Theory Wellness, an East Coast-based provider of craft cannabis. “At the same time, there's a lot of confusion in the market. People walk into gas stations or convenience stores, see CBD or Delta-8 products, and don't always know what they're getting. We identified a critical gap in the market—a need for a reliable, curated platform where people can confidently purchase lab-tested, outcome-driven products from top-tier brands.”In addition to shipping and curating the right brands, the regulatory complexities of each state having different rules, were challenging.“We take a compliance-first approach, ensuring every product meets federal and state guidelines and painstakingly audit licensing requirements,” said Winstanley. “Aligning ourselves with policymakers, trade associations, and advocacy leaders allows us to stay compliant and help shape the future of these critically essential policies.”Another page from the Edibles.com site Courtesy of Edible BrandsEdibles.com offers same-day delivery options as well as scheduled delivery.Other plans for Edibles.com include opening a flagship brick and mortar store in Atlanta’s Inman Park neighborhood

PR Newswire
Sep 25th, 2023
Hoodie Analytics Unveils New Market Intelligence And Product Data Management Platform

Industry-leading data platform adds game-changing data tools, including dispensary analytics, product velocity metrics and store-level segmentationCHICAGO, Sept. 25, 2023 /PRNewswire/ -- Hoodie Analytics (Hoodie) , a leading U.S.-based cannabis data and technology firm delivering insights into market performance and competitive intelligence, today launched its new cannabis insights and product data management platform, which adds several game-changing data tools, including dispensary analytics, product velocity metrics, store-level segmentation and wholesale systems integration. Each of these market intelligence mechanisms will allow operators to closely monitor competitor trends, understand sales shifts at different dispensaries, make brand-level comparisons and filter data by demographic or custom segments."Only Hoodie provides brands and operators tools to understand sales and velocity movements all the way down to an individual dispensary level," stated Wes Shepherd, CEO and Chairman of Hoodie. "High-level market data has been available in a limited number of states for some time now. However, we felt it was imperative to introduce CPG analytics capabilities to the industry as it evolves. By doing so, our clients can access much more granular data that allows them to understand how their brands fit and perform within specific types of dispensaries, cities or key customer segments."Hoodie is a tech-forward cannabis intelligence platform founded on the belief that cannabis businesses need deeper operational insights to reach their full potential

Cision
Aug 10th, 2022
Connecticut’s Strategic Venture Capital Arm Invests in Leading Cannabi

STAMFORD, Conn. (PRWEB) May 06, 2022 1906, a pioneer in cannabis edibles, today announced the company has secured a seven-figure investment from Connecticut Innovations (CI), Connecticut’s strate

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