Manufacturing and marketing firm Anything Technologies Media (OTCMKTS:EXMT) is primarily engaged in the CBD health products and software application spaces. The company operates its business through several subsidiaries and in addition to that, Anything Technologies is also intent on going into new ventures in tech and manufacturing through acquisitions as well as partnerships.
On the other hand, it is also necessary to note that Anything Technologies and its partners are all managed by seasoned professionals in their respective lines of business. Earlier this month the company made a major announcement with regards to its cannabis subsidiary Sonoran Flower.
The company announced that the cultivation facility belonging to Sonoran Flower has been expanded and in the process, its cultivation capacity is going to be doubled. Going into specifics, Anything revealed that due to the availability of more indoor space at the facility, the capacity to produce indoor craft flower is going to rise considerably.
In addition to that, this move is also going to give Sonoran Flower the necessary space for installing light deprivation greenhouses. However, that is not all. Anything Technologies also announced that it snapped up a pair of retail sites in Arizona as well, which will be turned into retail outlets eventually.
It is a significant push from Anything Technologies and it is easy to see why. Cannabis can now be consumed for recreational purposes in Arizona following the passing of Proposition 207 in the state. Hence, it can be argued that the recreational marijuana space is going to grow quite rapidly in the future.
In such a situation, it is only natural that the company has decided to position its cannabis subsidiary’s business in the state. The company also made another vital announcement at the same time.
Anything Technologies revealed that it continues to work with its corporate attorney in order to change the name of the company to Alternative Wellness Health. At the time, the company stated that it expected the whole thing to be resolved quickly.
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