STOCK TITAN

ACTX Partners with Clean Food Initiative and Produce Now to Provide Healthy Food for Hungry Americans

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
partnership
Rhea-AI Summary

Advanced Container Technologies (ACTX) has partnered with Clean Food Initiative and Produce Now to address food insecurity in the U.S., affecting over 38 million people. This collaboration involves utilizing GrowPods to cultivate leafy greens, which will be donated to various hunger-related charities. CEO Douglas Heldoorn emphasized the company's moral obligation to support those in need. The GrowPods are hydroponic farms, adaptable to urban settings, providing nutritious food and job training opportunities.

Positive
  • Partnership with Clean Food Initiative and Produce Now enhances community support.
  • Utilization of GrowPods allows for efficient and pesticide-free food production.
  • Addressing food insecurity aligns with corporate social responsibility goals.
Negative
  • None.

Over 38 million Americans struggle with food insecurity.
"This is a problem we just cannot turn our back on."

CORONA, Calif., Sept. 6, 2022 /PRNewswire/ -- Advanced Container Technologies, Inc (Ticker: ACTX), announced that it has partnered with the Clean Food Initiative and Produce Now to provide fresh, healthy food to disadvantaged youth.

ACTX said it will allocate space in one or more of its GrowPods to grow leafy greens, which will be donated to the Clean Food Initiative for distribution to various hunger-related charities. The food will be grown, packaged and distributed by workers from Produce Now.

Hunger is an enormous and often under-reported problem in the United States. According to National Geographic, millions of working Americans don't know where their next meal is coming from. One in six Americans don't have enough food to eat.

The Food Research and Action Center states that over 38 million Americans live in households that struggle with food insecurity or lack of access to an affordable, nutritious diet. This represents a 9 percent increase from 2019.

"This is a problem we just cannot turn our back on," said Douglas Heldoorn, CEO of Advanced Container Technologies, Inc. "There are hungry people in towns throughout America. These are our neighbors, our sisters and brothers. We have a moral obligation to help those in need."

GrowPods are hydroponic modular farms that can be located almost anywhere, and can replace approximately 1-acre of farmland in a pesticide-free, automated, and controlled setting.

The company has worked previously with Caterina's Club, a non-profit organization established by noted chef Bruno Serato. Caterina's Club donates over 25,000 nutritional meals to underprivileged children each week around the world.

GrowPods offer a way for non-profit organizations to grow clean, nutritious food virtually anywhere. Organizations can place a system in an urban environment, and teach young people how to grow food - providing valuable skills, job training, instilling pride, and invoking a sense of responsibility, in addition to helping meet the nutritional needs of the community.

CONTACT:

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.

 

Cision View original content:https://www.prnewswire.com/news-releases/actx-partners-with-clean-food-initiative-and-produce-now-to-provide-healthy-food-for-hungry-americans-301618038.html

SOURCE Advanced Container Technologies, Inc.

FAQ

What partnership did Advanced Container Technologies announce on September 6, 2022?

Advanced Container Technologies announced a partnership with Clean Food Initiative and Produce Now to supply fresh food to combat hunger.

How does ACTX plan to contribute to the fight against food insecurity?

ACTX will use GrowPods to grow leafy greens, which will be donated to hunger-related charities.

What are GrowPods and their benefits according to ACTX's press release?

GrowPods are hydroponic modular farms that can produce food in a controlled, pesticide-free environment, adaptable to urban locations.

How many Americans struggle with food insecurity as mentioned in the ACTX press release?

Over 38 million Americans struggle with food insecurity, representing a 9% increase since 2019.

ADVANCED CONTAINER

OTC:ACTX

ACTX Rankings

ACTX Latest News

ACTX Stock Data

51
6.70M
87.14%
Packaging & Containers
Consumer Cyclical
Link
United States of America
Corona