Advanced Container Technologies’ Exclusive Oklahoma Distributor Successfully Launches New Products and Services at CannaCon

Rhea-AI Summary

Advanced Container Technologies (ACTX) announces the launch of new products and services through its exclusive Oklahoma distributor, Grassfire Distro, at the CannaCon Conference. Oklahoma's medical marijuana market, the largest per capita in the U.S., provides significant opportunities, employing over 17,000 individuals. Grassfire Distro offers dispensaries essential supplies and branding services, enhancing customer loyalty. The company’s GrowPod technology further supports cannabis cultivation without harmful chemicals. Grassfire's success in generating purchase orders at the conference indicates promising growth potential in the expanding market.

Positive

• Grassfire Distro launched new products and services enhancing ACTX's market presence.
• Oklahoma's market is the largest per capita for medical marijuana in the U.S., providing a robust opportunity.
• Grassfire Distro's comprehensive offerings help dispensaries succeed, promoting customer loyalty.
• Successful participation at CannaCon facilitated immediate business opportunities with generated purchase orders.

Negative

• None.

CORONA, Calif., June 09, 2021 (GLOBE NEWSWIRE) -- Advanced Container Technologies, Inc (Ticker: ACTX), announced that Grassfire Distro – its exclusive distributor for Oklahoma, launched several new products and services, and finalized a number of important deals at this year’s CannaCon Conference in the Oklahoma City.

ACTX has an array of products and services designed to help legal cannabis dispensaries improve revenues and enhance customer loyalty. The company selected Grassfire Distro to represent its products in Oklahoma due to Grassfire’s local market knowledge, established relationships, and “boots on the ground.”

Oklahoma is now the biggest medical marijuana market in the country on a per capita basis, according to a report in Politico. Additionally, an annual jobs report shows that the legal cannabis industry in Oklahoma now employs over 17,000 people. That’s more people than are employed in the construction industry.

Grassfire Distro is an Oklahoma-based company, providing dispensaries with everything they need to succeed, including high-grade flower, nutrients, packaging, consumables, and white labeling services that allow dispensaries to custom-brand a wide range of items. These branded products can help a dispensary attract new consumers, improve customer loyalty, enhance its reputation, and elevate it from the competition. Grassfire also offers the NUGZ and Organically Grown brands of premium cannabis.

ACTX also offers the GrowPod advanced indoor micro-farm, specially tuned for the legal cannabis market. These automated systems provide the optimum environment for growing robust cannabis or hemp - without any harmful chemicals, pesticides, or herbicides. Additionally, harvest times are quicker and flower production is more robust in a GrowPod over other conventional cultivation techniques.

Josh Wyrick, Managing Partner at Grassfire Distro, said the conference was a big success. “We met many potential customers and have already started writing purchase orders so we can fulfill the business generated at CannaCon,” he stated. “This strong showing bolsters our belief that our business in Oklahoma will continue to grow as the market expands and matures.”

The CannaCon Conference attracted a number of well-known businesses and brands from both inside and outside the cannabis industry, such as ADT, Bic, First Enterprise Bank, Futurola, Oklahoma State Bank, Steep Hill Labs, and Surna.

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

About Advanced Container Technologies, Inc.

Advanced Container Technologies, Inc. is in the businesses of selling and distributing hydroponic containers called GrowPods; and designing, branding and selling medical grade containers and packaging systems; as well as other products and accessories, such as humidity control inserts, odor-proof bags and lighters; plus private labeling and branding services. For more information visit: www.advancedcontainertechnologies.com.

Forward-Looking Statements
This release includes predictions or information considered "forward-looking" within securities laws. These statements represent Company's current judgments but are subject to uncertainties that could cause results to differ. Readers are cautioned to not place undue reliance on these statements, which reflect management's opinions only as of the date of this release. The Company is not obligated to revise any statements in light of new information or events.

Company Contact:
(951) 381-2555
info@advancedcontainertechnologies.com

Investor Relations:
Stuart Smith
SmallCapVoice.Com, Inc.
512-267-2430
ssmith@smallcapvoice.com

FAQ

What new products did Advanced Container Technologies (ACTX) introduce at CannaCon?

ACTX announced several new products and services through Grassfire Distro at the CannaCon Conference.

Why is Oklahoma significant for medical marijuana according to ACTX's announcement?

Oklahoma is the largest medical marijuana market in the U.S. on a per capita basis, presenting substantial growth opportunities.

How many people does the legal cannabis industry employ in Oklahoma?

The legal cannabis industry in Oklahoma employs over 17,000 people, which surpasses employment in the construction industry.

What services does Grassfire Distro provide to dispensaries?

Grassfire Distro offers high-grade flower, nutrients, packaging, consumables, and white labeling services for dispensaries.

What is the GrowPod technology mentioned in the ACTX press release?

The GrowPod is an advanced indoor micro-farm developed by ACTX, designed for optimal cannabis and hemp cultivation without harmful chemicals.