InvestorWire NewsRoom

Article

Advanced Container Technologies Inc. (ACTX) Establishing Foothold in Growing Billion-Dollar Vertical Farming Space
August 11, 2022

Advanced Container Technologies Inc. (ACTX) Establishing Foothold in Growing Billion-Dollar Vertical Farming Space

  • Vertical farming projected to reach more than $25 billion by 2030, with a CAGR of 23.3%
  • MRFR report notes that “vertical farming systems and technologies offer a superior approach to farming methods”
  • ACTX GrowPods are essentially vertical micro-farms that can be placed anywhere, allow cultivation of a wide variety of crops, 365 days a year

A recent Market Research Future (“MRFR”) report shows that vertical farming is projected to reach more than $25 billion by 2030, with a CAGR of 23.3% (https://ibn.fm/BSsCd). Those numbers bode well for Advanced Container Technologies (OTC: ACTX), a company in the business of selling GrowPods, self-contained, automated, indoor “micro-farms” that are building a reputation in the vertical farming space. 

“Vertical farming systems and technologies offer a superior approach to farming methods, allowing for the growing of large amounts of crops inside a confined land area while requiring little financial investment and having no negative impact on the environment,” reported MRFR’s comprehensive research report. “The main reason for this is because perpendicular stack-based farming lowers the need for additional land and allows for full land utilization for farming, with optimal land and energy use yielding significant returns. The vertical farming market has seen diversified growth in all segments and across different regions as a result of rising populations and rising per capita incomes, which has shifted people’s demands toward more organic, health, and environment-friendly foodstuffs, resulting in the development of the vertical farming market.”

The report also noted that consumers are more aware of what they are eating and are prioritizing health. These changes have “fueled the market for organic farming, which produces fruits and vegetables that are free of insecticides and pesticides and high in nutritional content,” the report continued. “The desire for organic and high-quality foods has transformed vertical farming firms’ production capabilities and created a foundation for ensuring high-quality and quantity-approved production to fulfill rising needs. In addition, people have begun to cultivate fruits and vegetables indoors, giving rise to the concept of indoor vertical farming.”

Advanced Container Technologies is keenly aware of the opportunities in vertical farming and appears uniquely suited for growth in the space. The company is the sole distributor of GrowPods, which are advanced, self-contained hydroponic containers manufactured by GP Solutions Inc.

“These innovative automated systems are essentially micro-farms that can be placed virtually anywhere and, with their controlled and specially filtered environment, allow cultivation of a wide variety of crops, 365 days a year,” states the company. “Grow Pods offer constant temperature, humidity and airflow control, as well as automated watering and lighting schedules for optimal growth and minimal labor requirements, regardless of crop.”

In addition to selling and distributing GrowPods, Advanced Container Technologies offers related equipment and supplies. Additionally, the company designs and sells patented, proprietary medical-grade plastic containers, known as the Medtainer(R), that store and grind pharmaceuticals, herbs, teas and other solids or liquids.

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://ibn.fm/ACTX

About InvestorWire

InvestorWire is the wire service that gives you more. From regional releases to global announcements presented in multiple languages, we offer the wire-grade dissemination products you’ll need to ensure that your next press release grabs the attention of your target audience and doesn’t let go. While our competitors look to nickel and dime you with hidden fees and restrictive word limits, InvestorWire keeps things transparent.

As part of its service, InvestorWire provides coverage of noteworthy announcements. To further expand visibility of achievements being made throughout a multitude of sectors, InvestorWire’s syndication partners have extended the digital coverage to include individual broadcasts on financial websites and platforms visited by millions of investors daily.

For more information, please visit https://www.InvestorWire.com

Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://ibn.fm/Disclaimer

InvestorWire (IW)
8033 Sunset Blvd Suite 1037-IW
Los Angeles, CA 90046
310.299.1717 Office
www.InvestorWire.com
[email protected]

InvestorWire is part of the InvestorBrandNetwork.

Get Started with InvestorWire

To distribute a release in the next 24 hours. Contact our client services team.

(310) 299-1717

Distribute a press release. Submit your release to get started.

Submit Press Release

Set up a Live demonstration. Schedule a date and time that works for you.

Schedule a LIVE Demo

Press Distribution

Explore Press Distribution Solutions

All releases include an unlimited word count* with full wire-grade syndication, our press release enhancement service, and a follow-up InvestorNewsBreak article distributed to thousands of editorial syndication partners.

Discover Add-on Solutions

Increase the impact of your achievements by adding these exclusive solutions from InvestorWire, delivered in conjunction with the InvestorBrandNetwork (IBN).