Company’s robust product line meets the needs of these rapidly growing industries, and is not dependent on federal legalization
Senator
While some people do not believe that legislation will be approved by the full senate, it is important to note that the cannabis industry is robust and continues to grow rapidly, with or without federal legalization.
According to an article in Forbes, cannabis sales in the
“The industry has proven to be resilient,” said
Already in 2021, the legislatures in
Investopedia says the percentage of adults aged 50 to 64 reporting cannabis use has doubled in the past decade, and use among adults 65 and older has increased seven times.
Moreover, the industry is forecast to generate
Accordingly, for many cannabis companies, growth does not depend upon near-term legalization, and sectors that supply ancillary services are well-positioned to capture opportunities in every legal state in the nation.
“First and foremost, every cannabis or CBD product needs to come in a package of some sort,” Heldoorn commented. “We have a wide variety of customizable packaging solutions for virtually every cannabis and hemp product, including our patented
In addition to packaging solutions, ACTX also is the exclusive provider of the GrowPod – the fast and portable indoor automated micro-farm. The GrowPod offers what may be the fastest and most convenient method for growers to rapidly enter the business or expand with a low capital outlay and fast ROI.
“From cultivation to consumption, we’ve got the industry covered,” Heldoorn added.
For more information on how to grow a cannabis or CBD business with quality customized packaging or turnkey automated GrowPods, contact
About
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:
SmallCapVoice.Com, Inc.
512-267-2430
ssmith@smallcapvoice.com
Source:
2021 GlobeNewswire, Inc., source