Anything Technologies Media, Inc.’s Subsidiary, Sonoran Flower, In Negotiation to Retain Licensing to Grow Cannabis for Sale to Dispensaries

Rhea-AI Summary

Anything Technologies Media, Inc. (OTC: EXMT) subsidiary Sonoran Flower is negotiating a licensing agreement to grow Cannabis for dispensaries, potentially generating over $10 million in annual revenue. Recently, the company harvested 5 million feminized Hemp seeds valued at $2.5 million, to be sold through various sales channels. The facility can produce 7-8 crops annually with a harvest cycle of 7.5 weeks. The management team has extensive experience in cannabis cultivation and will provide updates as negotiations progress.

Positive

• Negotiation for licensing to grow Cannabis expected to generate over $10 million in annual revenue.
• Successful harvest of 5 million feminized Hemp seeds valued at $2.5 million.
• Facility capable of producing 7-8 crops annually with efficient 7.5-week harvest cycle.

Negative

• None.

TUCSON, AZ, Sept. 29, 2020 (GLOBE NEWSWIRE) -- via NewMediaWire -- Anything Technologies Media, Inc. (OTC: EXMT) subsidiary, Sonoran Flower, announced today that the company is in negotiation to retain licensing to grow Cannabis to supply dispensaries. This is expected to increase revenues dramatically. The company estimates that it can generate more than Ten Million, ($10,000,000) in revenues annually from the licensing agreement when achieved. The company recently harvested 5 million feminized Hemp seeds from their 12,000 sq ft Arizona based facility. The estimated value of the seed inventory is $2,500,000 and will be sold through their retail and wholesale sales channels.

The Sonoran Flower indoor facility can grow seven to eight crops annually with a growing time of 7.5 weeks for each Cannabis harvest and currently has the facilities to do so. The operation is run by a core team of experienced cannabis and hemp growers who have been together since its inception 3 years ago. The company will update its shareholders as negotiations continue and with the results.

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.

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 Amethyst Beverage:  https://www.amethystbeverage.com/

Amethyst Beverage a Reno, NV based business was established in October 2016 mostly as a directive to support a Philanthropy effort toward Cancer associated with Children and Adults. A portion of all sales will be contributed to several organizations nationally.

Currently Amethyst Beverage is the only water in the marketplace to carry Patented, USDA Organic, Vegan and Kosher certifications, and is also the only flavored (Strawberry/Watermelon, Orange/Mango, Pineapple/Coconut, Cran/Razz, Cucumber/Mint and Peach ) alkaline water with fulvic acid containing 70 ionic minerals as well.

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.

https://anythingtechnologiesmedia.com/tech-market/

NinjaQuestion on Instagram @ https://www.instagram.com/ninjaquestion/

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.

Anything Technologies Media, Inc.

acquisitions@anythingtechnologiesmedia.com

FAQ

What is the revenue potential for Anything Technologies Media's Cannabis licensing agreement?

The licensing agreement could generate over $10 million in annual revenue.

How many feminized Hemp seeds did Sonoran Flower recently harvest?

Sonoran Flower recently harvested 5 million feminized Hemp seeds.

What is the estimated value of the Hemp seed inventory?

The estimated value of the Hemp seed inventory is $2.5 million.

How often can Sonoran Flower harvest Cannabis crops?

Sonoran Flower's facility can grow 7 to 8 crops annually.

What is the typical growing time for Cannabis at Sonoran Flower?

The growing time for each Cannabis harvest is approximately 7.5 weeks.