1906

1906

Microdosed cannabis products for daily wellness

About

1906 specializes in microdosed cannabis products that are designed to fit easily into everyday life. Their products are infused with cannabis and are tailored to promote specific functional experiences such as happiness, energy, relaxation, and brainpower. Each product is created to be straightforward and user-friendly, making cannabis a more trusted and normal part of daily wellness for health-conscious consumers seeking natural alternatives to traditional wellness solutions. Unlike many competitors, 1906 focuses on compliance with federal regulations, ensuring that all their products contain hemp-derived Delta 9 THC levels below 0.3%. The company generates revenue through direct sales on their website and partnerships with retail outlets, aiming to provide accessible wellness options for consumers.

Company Stage

Late Stage VC

Employees

51-200

Industries

Food & Agriculture, Healthcare

Total Funding

$32.5M

Headquarters

Denver, Colorado

Founded

2017


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Simplify's Take

What believers are saying

  • Growing consumer interest in microdosing boosts 1906's market appeal.
  • Cannabis delivery services align with 1906's direct-to-consumer platform.
  • Older adults seeking natural wellness solutions present a new market for 1906.

What critics are saying

  • Increased competition from companies using advanced data analytics platforms.
  • Potential regulatory changes could impact cannabis product distribution.
  • Market saturation in cannabis-infused products could limit growth opportunities.

What makes 1906 unique

  • 1906 offers fast-acting cannabis products with effects in 20 minutes.
  • The company focuses on wellness, not just recreational cannabis use.
  • 1906's products are microdosed for precise, predictable results.

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Growth & Insights
Headcount

6 month growth

0%

1 year growth

-2%

2 year growth

0%

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

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