Advanced Container Technologies Inc. (ACTX) Establishing Foothold in Growing Billion-Dollar Vertical Farming Space
Aug 11, 2022
- 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://cnw.fm/kKdVm). 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…
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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