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Advanced Container Technologies, Inc (ACTX) reported remarkable year-over-year revenue growth of $1,782,000, a 209% increase from the previous period. The company's success is attributed to its innovative GrowPod product line, which serves as portable, automated indoor micro-farms. Recent revenues for the six-month period ending June 30, 2021, totaled $2,631,530, significantly up from $849,169 the year before. ACTX continues to focus on enhancing its balance sheet and managing expenses effectively, despite incurring $270,000 in non-cash stock compensation.
Advanced Container Technologies (Ticker: ACTX) has introduced its innovative GrowPods, designed for agriculture in areas affected by extreme weather such as floods, hurricanes, and fires. These portable, automated indoor micro-farms enable the cultivation of pesticide-free leafy greens and vegetables, providing nutritious food that is 'better than organic.' Notably, GrowPods can be rapidly deployed, allowing users to establish robust organic farms within days. With climate change prompting increased weather-related damages averaging $15 billion annually, the company believes GrowPods can enhance food security by facilitating local, clean farming.
Advanced Container Technologies (ACTX) has introduced EASY LEAFY GREEN, a new fertilizer designed for hydroponic crops. This innovative, pH stable nutrient solution is complete with all 12 essential macro and micro nutrients, suitable for various water culture systems and soilless mediums. It is free from pesticides, allergens, and animal waste, addressing concerns of contamination in food production. ACTX, a distributor of GP Solutions’ products, aims to enhance crop yields and improve harvests, aligning with a growing demand for safe and effective agricultural solutions.
Advanced Container Technologies, Inc (ACTX) will exhibit at ASD Market Week from August 22-25, 2021, showcasing products aimed at enhancing customer loyalty and repeat purchases. Featured items include the Medtainer™, a customizable child-resistant container with a built-in grinder, designed to increase brand visibility. The company also introduces new airtight industrial storage bags, branded lighters, and a container with an air pump. Additionally, ACTX has invested in a state-of-the-art printing system to support branding for clients. CEO Douglas Heldoorn expresses optimism for the event.
Advanced Container Technologies, Inc (ACTX) has announced the availability of the Full Spectrum LED Light Bar from GP Solutions, designed for indoor cultivation of various crops, including leafy greens and herbs. This 30-Watt, 4-foot LED light system enhances growth by providing a broad spectrum of light and can be daisy-chained up to eight units. As the leading distributor of GrowPods, ACTX enables growers to achieve sustainable, chemical-free harvests year-round, benefiting from efficient resource usage and optimized growth cycles.
Advanced Container Technologies (Ticker: ACTX) announced that Cheyenne Mountain Zoo in Colorado Springs is utilizing a GrowPod for sustainable food production for its animals. The GrowPod is designed to be energy, water, and space efficient, and it protects plants from extreme temperatures. The zoo aims to grow approximately 55% of its monthly demand of over 3,500 heads of romaine lettuce using GrowPods. This initiative not only supports animal care but also intends to educate visitors about sustainable farming.
Advanced Container Technologies (ACTX) announced its innovative GrowPods amid rising concerns over foreign ownership of American farmland and food contamination. Reports show China owned about 192,000 acres of U.S. farmland by 2020, valued at $1.9 billion. Bipartisan lawmakers are worried about a growing Chinese agricultural monopoly. Additionally, food recalls due to contamination raise safety concerns. GrowPods, portable indoor farms, promise to allow communities to control their food supply, boasting yields equivalent to 3-5 acres while using 97% less water and eliminating toxic chemicals.
Advanced Container Technologies (OTC: ACTX) revealed that its growth strategy is independent of federal cannabis legalization. Despite ongoing federal discussions, the cannabis market is booming, with U.S. sales reaching $17.5 billion—a 46% increase since 2019. The industry is expected to generate $85 billion by 2030. ACTX offers a variety of customized packaging solutions and exclusive GrowPods, aiding both small and large cannabis operations. CEO Doug Heldoorn emphasizes that the company services the cannabis sector from cultivation to consumption.
Advanced Container Technologies, Inc. (ACTX) offers customizable packaging solutions for cannabis and CBD businesses, enabling them to create distinctive brands economically. Their product line includes vacuum-sealable storage bags and the patented Medtainer, an FDA-approved, air-tight container with a built-in grinder. With the cannabis pre-roll market surging nearly 50%, the company sees increased demand for its packaging solutions, especially tailored for pre-rolls. CEO Doug Heldoorn notes significant growth in this sector, attributing it to lower inventory costs and robust infrastructure.
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.
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