1906

1906

Microdosed cannabis products for daily wellness

About 1906

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

Industries

Food & Agriculture

Healthcare

Company Size

51-200

Company Stage

Late Stage VC

Total Funding

$33.4M

Headquarters

Denver, Colorado

Founded

2017

Overview

1906 specializes in creating microdosed cannabis products that are designed to fit easily into everyday life. Their products are infused with cannabis and are tailored to provide specific benefits such as promoting happiness, boosting energy, encouraging relaxation, and enhancing brainpower. Each product is crafted to be straightforward and user-friendly, making cannabis a more accepted part of daily wellness routines. Unlike many competitors, 1906 focuses on health-conscious consumers who are seeking natural alternatives to traditional wellness solutions. The company operates within the legal framework by ensuring that all products contain hemp-derived Delta 9 THC levels below 0.3%. Their goal is to normalize the use of cannabis in wellness and provide accessible options for those looking to improve their well-being.

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Simplify's Take

What believers are saying

  • Partnership with Edibles.com enhances market reach and consumer trust.
  • Hoodie Analytics' tools offer strategic insights for targeted marketing and sales.
  • Investment from Connecticut Innovations boosts capital for product and market expansion.

What critics are saying

  • Increased competition from Edibles.com may impact 1906's market share.
  • Competitors using Hoodie Analytics may gain an edge in market understanding.
  • Lack of standardized quality control in hemp industry risks 1906's reputation.

What makes 1906 unique

  • 1906 offers fast-acting cannabis products with effects in under 20 minutes.
  • The company focuses on wellness, not just recreational use, setting it apart.
  • 1906's microdosed products cater to health-conscious consumers seeking natural wellness alternatives.

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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

↑ 3%

1 year growth

↑ 0%

2 year growth

↑ 4%
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

PRWeb
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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