NetworkNewsBreaks – Why Advanced Container Techn
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Advanced Container Technologies (OTC: ACTX) markets and sells advanced, self-contained hydroponic containers called Grow Pods; the patented Medtainer(R), a water-tight, air-tight, smell-proof, child-resistant, medical-grade herb container and grinder; and related products, such as humidity controllers and LED lighting systems for vertical farming. Medtainers may be used to store pharmaceuticals, herbs, teas, and other solids or liquids and can grind solids and shred herbs. The company also provides private labeling and branding services for purchasers of Medtainers and certain related products. At the same time, Advanced Container Technologies is currently the sole U.S. distributor of Grow Pods, developed and manufactured by GP Solutions Inc., having entered the Grow Pod business in October 2020 with the acquisition of all shares of Advanced Container Technologies Inc., a California corporation. “As of Feb. 28, 2022, ACTX is exploring the acquisition of the assets and the assumption of some or all the liabilities of GP Solutions Inc.,” a recent article reads. The Grow Pods offer a self-contained, indoor “micro-farm” environment that also features unique and innovative automated systems, meaning the Grow Pods can be placed virtually anywhere. With their controlled and specially filtered environment, they allow the cultivation of a wide variety of crops closer to the point of consumption all year round. Moreover, “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.”
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