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ATM Subsidiary, Sonoran Flower CBD Company, Acquirers Omni Potent Meds, an Arizona Craft .
Anything Technologies Media, Inc.January 14, 2021 GMT
TUCSON, AZ, Jan. 14, 2021 (GLOBE NEWSWIRE) via NewMediaWire Anything Technologies Media, Inc. (OTC: EXMT), announced today that it’s subsidiary, Sonoran Flower has acquired Omni Potent Meds, A Craft Cannabis grower. This acquisition expects to set Sonoran Flower apart in the Arizona Cannabis industry offering a quality product when adult use becomes legal on January 19th. Sonoran Flower looks to sell Omni Potent Meds products wholesale to all dispensaries across the state as a Craft Brand catering to the connoisseur. Omni’s Product line consists of flower, gel caps, edibles, vapes and wax.
n
y”) provides an update with respect to the hearing to approve the Company’s previously announced proposal (as amended from time to time, the “
Proposal”) under the
Bankruptcy and Insolvency Act (Canada) (the “
BIA”). On December 21, 2020, the Ontario Superior Court of Justice (Commercial List) granted an order (the “
Approval
Order”) approving the Proposal in accordance with its terms and the BIA.
Pursuant to the Proposal, the Company will implement a recapitalization of the Company’s outstanding CDN$35 million principal amount of 8.0% unsecured convertible debentures and all other debts of the Company (the “
Recapitalization”). Further details regarding the material terms of the Proposal are set out in the Company’s news releases dated November 23, 2020 and December 10, 2020. KSV Restructuring Inc. is acting the proposal trustee in respect of the Proposal (in such capacity, the “