STOCK TITAN

Advanced Container Technologies Modular Indoor Farms Now Certified by Independent Engineering Firm

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

Advanced Container Technologies (ACTX) announced the certification of its GrowPods by an independent engineering firm. This certification includes stamped structural, engineering, and electrical drawings, allowing customers to expedite the permitting process significantly. GrowPods are automated indoor micro-farms designed for growing premium vegetables and herbs, primarily distributed for cannabis and hemp sectors. CEO Doug Heldoorn highlighted that this certification will enable quicker operational setups, potential revenue generation, and improved return on investment for customers.

Positive
  • Certification of GrowPods by an independent engineering firm enhances credibility.
  • Stamped engineering plans expedite the permitting process, allowing for quicker operational readiness.
  • Faster setups can lead to improved revenue flow and quicker ROI for customers.
Negative
  • None.

“Stamped Drawings” will allow operators to be quickly up and running

CORONA, Calif., June 30, 2021 (GLOBE NEWSWIRE) -- Advanced Container Technologies, Inc (Ticker: ACTX), announced that GrowPods – portable and scalable modular indoor micro-farms – have been certified by an independent engineering firm. With these stamped structural, engineering, and electrical drawings, owners of GrowPods will be able to get their systems up and running rapidly, and far quicker than uncertified systems that can take months or even years to obtain city and county approvals.

GrowPods are automated indoor micro-farms that provide a controlled environment for the cultivation of premium quality vegetables and herbs. GrowPods are manufactured by GP Solutions, and are exclusively distributed by ACTX for use in the cannabis and hemp sectors.

According to the National Society of Professional Engineers (NSPE), a Professional Engineer (PE) stamp shows that you hold your work to the highest standards.

“Only PEs can sign and seal engineering drawings,” according to the organization. “Professional Engineers are recognized by governments and by the public as an assurance of dedication, skill and quality.”

There are several reasons stamped engineering plans are so important:

First, engineer-approved plans expedite the permitting process. Building officials trust plans that structural engineers are willing to stamp.

Secondly, stamped plans provide an assurance that your structure is safe and it will last. This can not only provide peace of mind, but may also help with insurance underwriting, investor confidence, and banking relationships.

When a structural engineer applies their stamp to building plans, the engineer is in effect guaranteeing the performance of that structure. The engineer is on the line for the safety of that building throughout the life of the structure. Accordingly, they will never put their stamp of approval on any structure that is unsafe, subpar, or below standards.

“Many cities have lengthy and cumbersome permitting and approval processes for the placement of new structures,” said Doug Heldoorn, CEO of Advanced Container Technologies. “Now that GrowPods have been examined and stamped by an independent engineering firm, our customers can get their pods operational far quicker than ever before, which translates to a faster revenue flow and a quicker ROI.”

Additionally, those businesses that want to add new pods to an existing operation can now do so without fewer obstacles or delays.

For more information on GrowPods or on Advanced Container Technologies, or any of their products or packaging solutions, 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. ACTX also provides 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 recent news did Advanced Container Technologies (ACTX) announce?

ACTX announced that its GrowPods have been certified by an independent engineering firm.

How do stamped plans benefit GrowPods owners?

Stamped plans expedite the permitting process and provide assurance of safety and structural integrity.

What are GrowPods used for?

GrowPods are portable and scalable micro-farms designed for cultivating premium vegetables and herbs, mainly in the cannabis and hemp sectors.

Who is the CEO of Advanced Container Technologies?

The CEO of ACTX is Doug Heldoorn.

How does certification impact the revenue flow for GrowPods?

Certification allows for quicker operational setups, potentially leading to faster revenue generation.

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