CannabisNewsBreaks – Advanced Container Technologies Inc. (ACTX) Notes Reports Indicating Agriculture May Be ‘Recession-Proof’ Space
Jul 26, 2022
Advanced Container Technologies (OTC: ACTX), the exclusive U.S. distributor of self-contained, automated, indoor “micro-farms” called GrowPods, is pointing to a new study indicating that agriculture may be “one of the most recession proof sectors” because despite economic conditions, people still need food. The Money Made report studied the performance of 12 different asset classes against the S&P 500 during three recent market crashes, concluding that agriculture came out on top overall, averaging returns that are at least 24% better than those of the S&P 500. The company also noted that Small Business Trends News reported that the agriculture industry is one of the most recession-proof sectors, stating that food is “not a luxury that can be put aside during difficult times, so businesses in this sector can continue to do well even during a recession.” In addition, the company quoted Farm Folio, observing that farming is a “wise route for diversification” because during recessions when the value of stocks, bonds and other investments fall, farming assets historically increase in value. According to the company’s release, its GrowPods, or modular hydroponic farms, can be placed virtually anywhere and can grow the equivalent of three acres of traditional farmland — all in an automated, controlled, pesticide-free environment.
To view the full press release, visit https://cnw.fm/CEjvX
About Advanced Container Technologies Inc.
Advanced Container Technologies is in the business of selling and distributing self-contained, automated, indoor “micro-farms” called GrowPods, along with 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://cnw.fm/ACTX
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