Advanced Container Technologies Inc (ACTX)

[BuddyGuise]

The buzz
Last month, Kush Bottles stated that the news released in September on the contract with Acology Inc. (OTC PINK: ACOL) was welcomed with intense reactions from the cannabis packaging industry. That update also led in stock gains for both entities as the market witnessed November election coming closer. California authorize Proposition 64, permitting cannabis for recreational need and sending orders for compliant packing soaring.

Nicholas Kovacevich, the CEO and Co-Founder of Kush Bottles, commented that “The MedTainer™” is a remarkable addition to their growing portfolio of customizable offerings. These items have been shown to advance a steady source of growing revenue, as clients typically reorder customized items. It was mainly appealing to the firm as customers can apply it as a promotional or accessory offer for establishing their brand. The clients can utilize this item as a packing solution or continue to procure other types of named packaging, like labels and bags, while ordering MedTainers as a publicity product.

Acology’s signature item, the MedTainer™, has been displaying growth with sales exceeding outlook for fiscal 2016.

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