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Advanced Container Technologies Inc. (ACTX) Offers Growing Solution in Industry Seeing Key Government Support

  • California governor signs 10 cannabis-related bills into law
  • Bills intended to “strengthen California’s cannabis laws, expand the legal cannabis market and redress the harms of cannabis prohibition”
  • ACTX’s Grow Pods offer unmatched control, are capturing a great deal of attention in the cannabis and hemp space

As California Gavin Newsom signed 10 cannabis-related legislative bills into law — all in one day (https://cnw.fm/5DJ1m) — companies operating in the cannabis space, including Advanced Container Technologies (OTC: ACTX), look forward to the impact this government support may have on their success. The governor signed bills designed to expand the legal cannabis market and address impacts from past prohibition of cannabis. He also called on legislators and other policy makers to redouble efforts to tackle barriers to access (https://cnw.fm/ELx9t).

“For too many Californians, the promise of cannabis legalization remains out of reach,” said Newsom. “These measures build on the important strides our state has made toward this goal, but much work remains to build an equitable, safe and sustainable legal cannabis industry. I look forward to partnering with the legislature and policymakers to fully realize cannabis legalization in communities across California.”

On Sept. 18, 2022, the governor signed almost a dozen cannabis-related legislative bills into law “in one fell swoop.” The bills touch on issues that run the gamut of the cannabis industry and are intended to “strengthen California’s cannabis laws, expand the legal cannabis market and redress the harms of cannabis prohibition.”

The most widely recognized bill of the group, Senate Bill 1326 gives the governor the power to sign cannabis trade agreements with other states that have legalized cannabis. “Other bills address employment protection, labelling, use of cannabis in veterinary medicine and taxation.”

The full list of bills Newsom signed include the following:

  • AB 1706
  • AB 1646
  • AB 1885
  • AB 1894
  • AB 2210 
  • AB 2188
  • AB 2568
  • AB 2925
  • SB 1186
  • SB 1326

This show of government support is almost certain to bolster the efforts of companies operating in all aspects of the cannabis sector. Advanced Containers Technologies is one of those companies. The company is the exclusive U.S. distributor for Grow Pods, which are advanced, self-contained hydroponic containers that are essentially microfarms. These containers feature a controlled, specially filtered environment that allows crops to be grown year-round with a smaller footprint, because the pods use less water and power than more traditional growing systems.

Grow Pods offer constant temperature, humidity and airflow control, as well as automated watering and lighting schedules for optimal growth and minimal labor requirements, making the pods ideal for all crops. However, they are capturing a great deal of attention in the cannabis and hemp space. With strict growing, harvesting and packaging regulations in place throughout the cannabis industry, ACTX offers a controlled environment that allows for compliance in all aspects.

ACT is in the business of developing, manufacturing and selling advanced cultivation equipment, proprietary packaging systems, and a variety of other products to help businesses and entrepreneurs enter or expand in the rapidly growing cannabis and hemp markets.

The company has a keen focus on compliance and provides the expertise, technology and products that allows operators to grow their businesses and their brands quickly, affordably and with a rapid ROI.

For more information, visit the company’s website at www.AdvancedContainerTechnologies.com.

NOTE TO INVESTORS: The latest news and updates relating to ACTX are available in the company’s newsroom at https://cnw.fm/ACTX

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