ACTX Helps Farmers Expand into New Profitable Markets

Rhea-AI Summary

Advanced Container Technologies (ACTX) announced the launch of GrowPods, modular hydroponic farms enabling farmers to enter new markets and grow crops year-round. These systems offer the productivity equivalent of one acre of traditional farmland in a controlled, pesticide-free environment. High-margin crops like arugula, saffron, and cherry tomatoes can be cultivated quickly, enhancing revenue streams. CEO Douglas Heldoorn emphasized the potential for farmers to access profitable markets and maintain continuous revenue.

Positive

• Launch of GrowPods enhances revenue opportunities for farmers.
• GrowPods can produce high-margin crops year-round, improving profitability.
• Systems provide a controlled environment, eliminating pesticides.

Negative

• None.

GrowPods are modular hydroponic farms that allow farmers and entrepreneurs to move into new markets, and create year-round revenue streams

CORONA, Calif., Aug. 22, 2022 /PRNewswire/ -- Advanced Container Technologies, Inc (Ticker: ACTX), announced that GrowPods can help farmers expand into new markets and grow profitable fruits and vegetables year-round.

GrowPods are modular hydroponic farms that can be placed virtually anywhere, and can grow the equivalent of one acre of traditional farmland in an automated, controlled, pesticide-free environment. With GrowPods, farmers can expand their operations and grow profitable crops, year-round.

According to Entrepreneur 360, the most profitable crops aren't what most farmers are currently growing. Adding a GrowPod or two to a farmer's property allows them to add high-margin specialty crops to their revenue stream.

A high-margin crop is something that can grow quickly, has high demand, produces high yields, has multiple uses, can grow year-round, and doesn't take up a lot of space. Not all crops can be grown in a GrowPod, including some of those listed below. However, many high-value crops can be grown quickly and easily.

The Entrepreneur 360 report states that some of the most profitable crops are:

• Arugula - Quick to grow, often ready for harvesting in as little as 40 days. 
• Gourmet Garlic – Usually sells for much more than regular white mushrooms.
• Saffron - Often said to be the most expensive culinary herb by weight in the world. From seed to harvest is typically eight weeks.
• Basil - Quick to harvest, usually ready within three 3-4 weeks. Very versatile, used in a wide variety of foods.
• Cilantro - Ready for harvesting in about 40 to 50 days.
• Cherry Tomatoes – One of the most expensive sold per pound of any in the tomato family, and one of the most profitable. Ready for harvest in about 45 to 55 days.
• Gourmet Mushrooms – These sell for considerably more than typical white mushrooms. Harvest time is about 6 to 8 weeks.
• Microgreens - Harvest very quickly, typically in about two to three weeks after seeding because they are taken out soon after sprouting, rather than waiting for the plant to fully mature.
• Strawberries – One of the tastiest fruits and fun to grow. Imagine having fresh strawberries in the middle of the winter!

"The GrowPod system allows farmers to move into new, highly profitable markets, and maintain revenue streams year-round," said Douglas Heldoorn, CEO of Advanced Container Technologies, Inc. "With GrowPods, farming can be done in a controlled environment allowing farmers to eliminate pesticides and contaminants, yielding a highly desirable crop that is even better than organic."

For more information on Advanced Container Technologies or GrowPods, call: (951) 381-2555 or visit: www.advancedcontainertechnologies.com or www.growpodsolutions.com.

Safe Harbor Statement

This press release contains forward-looking statements made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-Looking Statements about ACTX' beliefs and expectations, involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. In some cases, forward-looking statements can be identified by words such as "may,"  "expect," "anticipate,"  "estimate," "intend," "plan," "believe," "potential," or other similar expressions. All information is as of the date of this press release, and ACTX undertakes no duty to update such information, except as required under applicable law.

View original content:https://www.prnewswire.com/news-releases/actx-helps-farmers-expand-into-new-profitable-markets-301609606.html

SOURCE Advanced Container Technologies, Inc.

FAQ

What are GrowPods and how do they benefit farmers?

GrowPods are modular hydroponic farms that allow farmers to grow high-margin crops in a controlled environment, enabling year-round production and access to new markets.

What crops can be grown in GrowPods?

GrowPods can grow high-margin crops like arugula, saffron, cherry tomatoes, and gourmet mushrooms quickly and efficiently.

When was the GrowPods announcement made by Advanced Container Technologies?

The GrowPods announcement was made on August 22, 2022.

What is the ticker symbol for Advanced Container Technologies?

The ticker symbol for Advanced Container Technologies is ACTX.

How do GrowPods compare to traditional farming methods?

GrowPods offer the agricultural output equivalent to one acre of traditional farmland while operating in a pesticide-free and automated environment.