Advanced Container Technologies Inc (ACTX)

[BuddyGuise]

October 01, 2018 08:30 ET | Source: Acology Inc.
CORONA, Calif., Oct. 01, 2018 (GLOBE NEWSWIRE) -- MedTainer Inc. (ACOL-OTC) announced today that Aurora Cannabis (OTCMARKETS:ACBFF,TSE:ACB) has placed its’ 7th order for thousands of MedTainers in anticipation of the mid-October start to Canada’s legal recreational cannabis market. The company states that it anticipated and is well-prepared to fulfill the increased influx of orders for their signature multi-functional, certified child-resistant, FDA-approved container.

The company also introduced a new size 40-dram MedTainer to the market, doubling the size of its’ signature product. This is in keeping with the anticipated demand of consumers who will want larger quantities of retail flower cannabis and make it easier to classify and label retail cannabis, as demanded by Canadian federal law.

MedTainer Inc. feels that these events signal a continuation of its steady Canadian expansion, predicted last year and continuing this year once the Canadian Legislature approved cannabis for legal recreational use. MedTainer Inc. continues to see a steady expansion in North America and anticipates that with the offer of multiple-sized, multiple-function containers this trend will continue. MedTainer Inc. anticipates doubling its’ sales and profits in 2019.