Anything Technologies Media Focuses On Major Medical Marijuana
Opportunity for 2013
US Medical Marijuana Sales could top $1.5B in 2013, Cannabis Revenues
Could Quadruple by 2018
FOLSOM, CA, April 17, 2013 /PRNewswire/ - Anything
Technologies Media, Inc.
(Pink Sheets: EXMT) today announced that the company is shifting
its
focus to the exploding Medical Marijuana opportunity in 2013
and
beyond. The company will still continue to do manufacturing for a
wide
variety of media and other products, but looks to devote most of
its
efforts to the Marijuana Industry.
(Photo: http://photos.prnewswire.com/prnh/20130417/TO227)
According to MMJ Business Daily retail medical cannabis sales in
the
United States could hit an estimated $1.3 billion-$1.5 billion in 2013,
growing 10-15% from last year as the industry recovers from
widespread
turmoil.
The long-term future appears even brighter: The legalization of
marijuana for adult use in Colorado and Washington - coupled with the
emergence of several new markets and continued overall growth on
the
medical side - could boost overall state-legal cannabis sales to
$3
billion in 2014 and $6 billion
by 2018.
ATM with its acquisition of R-Quest Hydroponics and joint venture
with
Whole Earth Systems looks to acquire more companies that support
the
Medical Marijuana industry. The company is currently negotiating
to
acquire a fertilizer company to supply growers in the medical
marijuana
industry.
Dozens of MMJ centers are on track to open in Arizona - generating tens
of millions of dollars in revenues this year - while states such as
New
Jersey, Rhode Island and
Vermont as well as Washington DC are moving
forward with their dispensary programs. The Colorado, Oregon and
Washington State markets also are
expected to grow, and there could be
an MMJ revival in several California cities such as San Diego and
San Francisco.
In 2014, the emergence of cannabis retail stores in Colorado and
Washington could generate roughly
$1 billion in state-legal
cannabis
sales during the first full year of operation. The markets will
eventually be much bigger, but it could take time for the
recreational
marijuana industry in those two states to reach its near-term
potential, in part because officials might look to prevent rapid
growth
(Colorado and Washington are still crafting regulations).
Several other
states are expected to pass medical or recreational cannabis laws
this
year, which will further fuel growth in 2014.
R-Quest Hydroponics, Inc., is a Hardware and Software
Manufacturing
Company with its headquarters in Placerville, California. R-Quest
Hydroponics, Inc has developed the new Environmental Master
Controller
EMC-5000 system, which is able to provide constant management for
grow
room facilities for indoor gardens. The EMC-5000 was developed so
that
growers can rest easy with the confidence that their crop is in
excellent hands. The EMC-5000 is able to regulate and control
all
aspects of an indoor grow system, including Light cycles to
optimize
growth, Fans, Nutrient pumps, and CO2 level controls to help
manage
grow rooms. To see more information on the EMC-5000 go to
www.r-questhydro.com .
ABOUT ANYTHING TECHNOLOGIES MEDIA INC.
Anything Technologies Media Inc., www.anythingtechnologiesmedia.com
is a
Multi-Media Digital applications, production and marketing Company.
ATM
will be the parent company of subsidiary Corporations, each with
their
own professional management team with extensive backgrounds in
finance,
new technologies, 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 to
a
preeminent position through revenue sharing and
acquisitions.
This press release contains certain forward-looking statements
within
the meaning of Section 27A of the Securities Act of 1933, as
amended,
and Section 21E of the Securities Exchange Act of 1934, which
are
intended to be covered by the safe harbors created thereby.
Investors
are cautioned that all forward-looking statements involve risks
and
uncertainties, including, without limitation, the future press
releases
of ATM.
SOURCE Anything Technologies Media Inc.