Anything Technologies Media Inc. (OTC:EXMT) Stock Takes a Hit: Here is Why
The CBD-based beverage space has always generated considerable interest among investors, and for good reason too, given the potential growth in the sector. On that note, it may be a good time to start tracking the Anything Technologies Media Inc. (OTC:EXMT) stock after the company came into focus on that front on Wednesday. The company announced that it had inked a long-term agreement pertaining to a three-year distribution deal for 50 pellets of CBD Premium Beverages with Tonto Tribal Development.
The company also announced that it was going to introduce the entirety of its CBD line of products. The company also noted that the initial purchase contract that it signed with Tonto Tribal Development had also been extended for a full distribution model. Under that model, the distribution would be extended to ‘C’ stores and gas station connections located across the North American Districts in addition to the non-Native American districts.
In the news release, it was also revealed that since December 2023, the relationship between Anything Technologies Media and Tonto Tribal Development has grown considerably. The company noted that it was looking forward to extending the relationship between the two companies in the realm of the gaming industry as well. Tonto Tribal Development is also expected to represent Anything Technologies Media at the Indian Gaming Commission (IGA) Tradeshow and Convention.
It should be noted that Anything Technologies Media is a marketing and manufacturing company that is involved in the marketing and sales of CBD-based health products. It is also the parent company of a number of subsidiary units. Additionally, the company has also struck up partnerships and made acquisitions in the manufacturing and innovative technology sectors. The company as well as its partners boast of their own highly professional management teams with strong backgrounds in business.