Anything Technologies Media Received $500,000 in Financing; Sonoran Flower Closes Escrow on 43,000 Square Foot Building in Globe, AZ
Rhea-AI Summary
Anything Technologies Media Inc. (OTC: EXMT) announced the closure of escrow for a new 43,000 SF facility in Globe, AZ, following $500,000 in financing. This facility will support a large indoor cultivation area and production kitchen for edibles. The company aims for statewide wholesale distribution to over 142 dispensaries in Arizona. Additionally, a 12,000 SF dispensary building has been secured for cultivation and retail operations. Sonoran Flower, a subsidiary, continues its growth strategy in the cannabis market.
Positive
- Secured $500,000 in financing.
- Closed escrow on a new 43,000 SF facility for cultivation and edibles.
- Plans for wholesale distribution to over 142 Arizona dispensaries.
- Acquired an additional 12,000 SF building for dispensary operations.
Negative
- None.
News Market Reaction – EXMT
In the trading session that priced this news, EXMT declined 14.89%, reflecting a significant negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Tucson, AZ, June 16, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Anything Technologies Media Inc. (OTC: EXMT), is pleased to announce that we have received
“We are so pleased to be able to own this facility that is closer to the major Phoenix market. This is a perfect facility to expand operations for the distant future. Our main focus will be on wholesale distribution statewide to the 142 plus dispensaries in Arizona,” states Lee Katterman, President of Sonoran Flower.
This news is in addition to the announcement that Sonoran Flower had secured another building for our dispensary. This building is 12,000 SF and sits on over 2 acres. This will enable the company to have our dispensary and additional cultivation in the same location. Sonoran Flower still has its 15,000 SF facility outside of Tucson.
Thank you for all the continued support. Stay tuned for more exciting news as we expand our facilities and operations.
About Sonoran Flower LLC. https://sonoranflower.com/store
Sonoran Flower was built on the belief that nature holds everything we need to heal. We are a multifaceted organization that cultivates, processes, and sells wholesale and retail hemp goods. We procure and produce top-quality hemp seeds, smokable hemp flower, hemp biomass, distillates, isolates and products such as vape, lotions, salves, and Hemp Beverage. The company also owns a dispensary and cultivation license in Arizona and is working to open its dispensary during the summer of 2021.
To Buy Sonoran Flower CBD Products go to: https://sonoranflower.com/store or call 520-303-HEMP (4367).
Please follow Sonoran Flower on Instagram @https://www.instagram.com/azgrowbros/
Follow us on Twitter @https://twitter.com/anythingtechmed
Follow us on Instagram @https://www.instagram.com/anythingcbdmeds/
and Facebook @https://www.facebook.com/AnythingTechMed/
About Anything Technologies Media, Inc.
Anything Technologies Media is a manufacturing and marketing company involved in the sales and marketing of CBD Health products and software applications. ATM is the parent company of subsidiary Corporations and is focused on partnerships and acquisitions in new technologies and manufacturing sectors. The company and partners each have their own professional management team with extensive backgrounds in finance, manufacturing, marketing and distribution. ATM's goal is to combine the expertise of our team members to create a cohesive force, which will carry the company forward in the marketplace.
Safe Harbor Statement
Certain statements made in this press release constitute forward-looking statements that are based on management's expectations, estimates, projections and assumptions. Words such as "expects," "anticipates," "plans," "believes," "scheduled," "estimates" and variations of these words and similar expressions are intended to identify forward-looking statements. Forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. These statements are not guarantees of future performance and involve certain risks and uncertainties, which are difficult to predict. Therefore, actual future results and trends may differ materially from what is forecast in forward-looking statements due to a variety of factors. All forward-looking statements speak only as of the date of this press release and the company does not undertake any obligation to update or publicly release any revisions to forward-looking statements to reflect events, circumstances or changes in expectations after the date of this press release.
Contact:
Anything Technologies Media, Inc.
acquisitions@anythingtechnologiesmedia.com