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GrowPods from ACTX Allow Farmers to Rapidly Pivot into Crops in Short Supply

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Advanced Container Technologies (Ticker: ACTX) announced that its GrowPods offer a solution for farmers to grow crops in short supply without using expensive pesticides and herbicides. With the global food supply under strain due to rising costs and supply chain challenges, GrowPods provide a scalable, automated farming solution that produces ultra-clean food year-round. CEO Doug Heldoorn emphasized that these systems enable quick adaptation to market changes and require fewer resources. As food shortages worsen, GrowPods may position farmers for success.

Positive
  • GrowPods allow farmers to grow crops without expensive chemicals.
  • Provide a scalable and automated solution for year-round food production.
  • Enable rapid adaptation to market demands and crop shortages.
Negative
  • None.

GrowPods can provide significant savings for farmers because they don't require expensive and dangerous chemicals such as pesticides and herbicides

CORONA, Calif., Nov. 3, 2022 /PRNewswire/ -- Advanced Container Technologies, Inc (Ticker: ACTX), announced that GrowPods – the company's unique Controlled Environment Farms, can help farmers quickly begin growing crops that may be in short supply, and without the use of expensive pesticides, herbicides, and harmful chemicals.

Today, there is "a massive strain on the global food supply," according to CNBC. "It's particularly severe because we are just coming out of a recovery from a two-and-a-half-year pandemic," said Johanna Mendelson-Forman, adjunct professor at the American University.

"We may see some shelves that are empty," said Scott Irwin, chair of agricultural marketing at the University of Illinois Urbana-Champaign.

According to the Des Moines Register, American farmers are seeing "increased costs across the board," from fertilizer and pesticides to equipment repairs and seasonal labor. Glyphosate — the active ingredient in in one of America's most widely used weed killers — is up 250% from a year earlier.

A study at Purdue University reported 30% of farmers are now struggling to get herbicides, 26% fertilizers, and 17% insecticides.

GrowPods are Controlled Environment Farms that can grow about an acre of food in a transportable, scalable, automated system that yields ultra-clean food, year-round, virtually anywhere.

GrowPods allow farmers to quickly pivot into growing new crops, without the labor, expense, and risks associated with change-outs in traditional farming.

Doug Heldoorn, CEO of ACTX, said GrowPods allow farmers to respond quickly to changes in pricing and shortages in the world.

"Not only do GrowPods provide highly nutritious food without the use of expensive and dangerous chemicals, but they also offer growers consistent food production year-round, reduced resource consumption, and faster harvest times," he said.

Business Insider reports that the food crisis could worsen in 2023. GrowPods may offer farmers a way to be better positioned to succeed in this challenging environment.

For information on GrowPods, call (951) 381-2555 or visit: www.AdvancedContainerTechnologies.com

Forward-Looking Statements

This release contains forward-looking statements made under the "safe harbor" provisions of U.S. Securities Acts. Forward-Looking Statements involve risks and uncertainties, and actual results can differ. Readers are cautioned not to place undue reliance on forward-looking statements. ACTX undertakes no duty to update information in this release except as required.

Cision View original content:https://www.prnewswire.com/news-releases/growpods-from-actx-allow-farmers-to-rapidly-pivot-into-crops-in-short-supply-301666848.html

SOURCE Advanced Container Technologies, Inc.

FAQ

What are GrowPods from Advanced Container Technologies?

GrowPods are Controlled Environment Farms that enable farmers to grow crops year-round without the use of harmful chemicals.

How do GrowPods help farmers in light of food shortages?

They allow quick adaptation to changes in crop availability and market demand, enabling farmers to produce food efficiently.

What is the stock symbol for Advanced Container Technologies?

The stock symbol for Advanced Container Technologies is ACTX.

When was the press release about GrowPods issued?

The press release was issued on November 3, 2022.

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