Advanced Container Technologies Inc (ACTX)

[Immutable]

Acology Announces Biggest Month in History, On Pace for Soaring Q1

Marketwired MarketwiredFebruary 6, 2017Comment
CORONA, CA--(Marketwired - February 06, 2017) - Acology Inc. (OTC PINK: ACOL) announced today that January was the biggest sales month in company history, shattering previous marks achieved during the last quarter of 2016. Acology executives have expressed strong confidence that the first quarter of 2017 would continue this trend, basing their optimism on continued expansion in Canada and the addition of new, complimentary products and product lines. Company income rose 33% above the same period last year. Unit sales of all products, led by Acology's signature product, the MedTainer™, increased by 25% over last year.

The cannabis industry, on both the medical and recreational side, are continuing to adopt the multi-functional container as their businesses increase, causing Acology and its subsidiary, D&C Distributors LLC, to increase production to keep pace with demand. In addition, patented Boveda humidity packs are now planted in each Medtainer prior to shipping, adding value to the product and creating greater demand for Boveda products nationwide. As Boveda's marketing arm, Acology began the year by reaching out to its more than 4,000 distributors worldwide, offering aggressive wholesale pricing which led to increasing demand for the product. Since Acology's partnership announcement Boveda products accounted for 13% of total gross sales in the last two weeks of January.

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