Acology Earnings Up; Global Market Gaining; Solid
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Marketwired MarketwiredFebruary 13, 2017Comment
CORONA, CA--(Marketwired - February 13, 2017) - Acology Inc. (OTC PINK: ACOL) reported today that earnings had increased 12.5% throughout the final quarter of calendar 2016, despite substantial expenditures in infrastructure, expansion and additional manpower costs. Acology executives are predicting that the net-effect of investments made at year-end to expand the business, which include expansion of warehouse operations in California and Canada, improving printing capabilities and technology and hiring additional personnel to handle increased sales, will pay dividends immediately. In fact, sales of all products have increased substantially since the beginning of the new year and Acology remains confident that this trend will continue for the foreseeable future.
This confidence has spilled-over to investors and business partners alike. Acology's wholly-owned sales and fulfillment subsidiary, D&C Distributors LLC, has reported that global orders for Acology products have expanded well beyond start-of-the-year predictions. Acology executives report that partnership and investment offers have also intensified, encouraged by the steady, sustained growth of the company and the global implications of a rapidly-growing medical and recreational cannabis industry.
For investor or sales information please visit Acology Inc. and D&C Distributors online or by phone. The company is located in their production and distribution facility at 1620 Commerce St. Corona, California, 92880.