1906

United States
Savoy, Texas, United States

Company profile

1906 company profile

1906: Innovating Wellness through Cannabis Founded in 2016, 1906 is a pioneering cannabis company dedicated to creating fast-acting, functional products that integrate seamlessly into modern lifestyles. Named after the year when cannabis was last used as mainstream medicine, 1906 seeks to restore the plant to its rightful place in society as a tool for wellness, rather than merely for recreation. Market Position: 1906 stands apart in the cannabis industry with its mission to provide premium, functional cannabis products that address specific wellness needs, including sleep, focus, relaxation, energy, and intimacy. While many cannabis brands emphasize high THC content for recreational effects, 1906 focuses on health-conscious consumers seeking precise, predictable results. Its proprietary fast-acting technology allows products to take effect within 20 minutes—setting the company apart in a market where edibles can take up to two hours to deliver effects. This speed, combined with carefully formulated dosing, provides users with a consistent and reliable experience, cementing 1906’s position as a premium, wellness-driven cannabis brand. The company has successfully positioned itself as a leader in the growing functional cannabis market, appealing to professionals, busy parents, athletes, and health enthusiasts. 1906 products are available across legalized states, both in dispensaries and through its direct-to-consumer platform, launched in 2023, expanding accessibility to adults across the U.S. Financial Performance: 1906 has experienced strong growth since its inception, driven by increasing consumer demand for cannabis products that serve wellness goals beyond recreational use. The launch of its direct-to-consumer platform in 2023 is expected to accelerate revenue growth, as the company expands its national reach and taps into new markets. With cannabis consumption continuing to rise and legalization spreading across the country, 1906 is positioned for sustained financial success. It remains a leader in innovation, consistently capturing market share by offering products that combine the best of cannabis science and plant-based medicine.

Business identity

Contact email
[email protected]
Phone number
720-772-1906
Operating status
Active
Company type
For Profit
Employee range
11-50 employees
Revenue range
$0-$1M
Founded
2016-01-01, Year

Headquarters

Country code
US
Continent
North America

Capital profile

Funding and company signals

Funding rounds
3
Total equity funding
$33.4M
Last funding
Series Unknown / $15.4M / 2022-03-29
Last equity funding
Series Unknown / $15.4M
Investors
3
Lead investors
2
Founders
1
Articles
18

Founders and investors

Founders

Peter Barsoom

Lead investors

Connecticut InnovationsNavy Capital

Investors

Connecticut InnovationsExplorer Equity GroupNavy Capital