|
Advanced Container Technologies Inc. (OTC: ACTX) is in the business of selling and distributing self-contained, automated, indoor “micro-farms” called Grow
Pods, along with related equipment and supplies. Additionally, the company designs and sells patented proprietary medical-grade plastic containers, known as the Medtainer®, that store and grind pharmaceuticals, herbs, teas and other solids or liquids.
ACTX is the leading distributor of Grow Pods. With a controlled environment, food and herbs can be grown without pesticides, harmful chemicals or risk of pathogen contamination, and with low energy consumption. Restaurants, grocery stores, non-profits, MSOs and entrepreneurs can use Grow Pods to ensure a fresh supply of ultra-clean produce year-round.
The company entered the Grow Pod business in October 2020 with its acquisition of all shares of Advanced Container Technologies Inc., a California corporation. As of February 28, 2022, ACTX is exploring the acquisition of the assets and the assumption of some or all of the liabilities of GP Solutions Inc., the developer and manufacturer of Grow Pods, for which ACTX is currently the sole U.S. distributor.
Because Grow Pods can be located almost anywhere, produce can be grown closer to the point of consumption and harvested at its peak, providing nutritious fruits and vegetables where needed. Indoor micro-farms, utilizing a practice known as vertical farming, have attracted the attention of governments and universities, which are now promoting vertical farming as a way to combat food insecurity and inequities.
The United States Department of Agriculture (USDA) has stated that vertical farming “is no longer a futuristic concept.” The department is enthusiastic about vertical farming, particularly those utilizing repurposed shipping containers, such as Grow Pods. Arizona State University reports that vertical farming reduces water use by 90 percent compared to conventional farming but produces 10 times the crop yield.
Investment Considerations
- ACTX is the exclusive U.S. distributor of Grow Pods, environmentally controlled micro-farms that allow cultivation of ultra-clean crops year-round.
- ACTX is exploring the acquisition of the assets and the assumption of some or all of the liabilities of GP Solutions Inc., the developer and manufacturer of Grow Pods.
- ATCX is established in the rapidly growing cannabis packaging industry.
- The company is well positioned in multiple recession-resistant markets.
Recent Coverage
Advanced Container Technologies Inc. (ACTX) GrowPods 'Ideally Suited' for New USDA Food System Initiative
May 5, 2022
- Up to $400 million has been made available to support food purchases with emphasis on purchasing from underserved farmers, ranchers
- Agency strengthens efforts to provide emergency food assistance, expand economic opportunity
- ACTX GrowPods could be valuable tool in effort to build resilient local, regional food-production capabilities
In an effort to provide transform the food system and build a better food system after the global pandemic exposed weaknesses in the system, the U.S. Department of Agriculture (“USDA”) established a Local Food Purchase Assistance Cooperative Agreement Program (“LFPA”) last year (https://cnw.fm/omE5D). Advanced Container Technologies (OTC: ACTX), a company focused on the business of developing, manufacturing and selling advanced cultivation equipment, proprietary packaging systems, and a variety of other products, is ideally
suited to help meet the needs of the new USDA initiative to build a new and more equitable food system (https://cnw.fm/gZf00).
To view the full source article, visit: THIS LINK
|
|
Featured Event
Alternative Products Expo at Medellin, Columbia
May 21-22, 2022 – Medellin, Columbia
The Alternative Products Expo is being held at Medellin, Columbia on May 21-22nd, 2022. The Expo has expanded its portfolio to cater to a wider audience to become the Alternative Products Expo.
Leaders and influencers of the Alternative Products industry will attend the event and share their views on the latest innovations and the future of the rapidly growing Alternative Products market. Startups, investors, and traders, can explore business avenues at this platform to gain new business leads, investment opportunities, and a better understanding of this expanding market.
Alternative category products consist of a product line that is either a substitute for better-known traditional products or as unique entries in the mainstream category.
Vendors, traders and enthusiasts are invited to become a part of this developing community of the alternative products market and understand the dynamic potential it represents.
Conference Highlights
- The Alternative Products Expo by ZJ Events is being organized in Medellin, Columbia for May 21-22nd, 2022.
- More than 100+ vendors and 1000+ products will feature at the Expo, offering phenomenal networking opportunities.
- The Alternative Products Expo is a one-of-a-kind networking event that now arrives in Medellin to promote the local community.
Upcoming Events
|
|
About CannabisNewsWire (CNW)
CannabisNewsWire (CNW) is a multifaceted financial news and publishing company that delivers a new generation of social communication solutions, news aggregation and syndication, and enhanced news release services. Leveraging a professional team of journalists and writers, CNW introduces private and public companies to a wide audience of investors, consumers,
journalists and the general public via social media and a rapidly expanding network of over 5,000 key distribution outlets. Cutting through information overload, CNW's innovative and proprietary systems clearly and succinctly deliver its clients much needed visibility, recognition and brand awareness. CNW is where news, content and information converge.
|
