Press Release: The announcement on September 20 of the partnership between Acology Inc. (ACOL: OTCPINK) and Kush Bottles (KSHB: OTCQB) sent shockwaves through the cannabis packaging industry and created stock gains for both companies as the US moves toward the pivotal November election. California is now expected to ratify Prop.64, legalizing cannabis for recreational use and sending orders for compliant packaging soaring.
Nicholas Kovacevich, Co-Founder and Chief Executive Officer of Kush Bottles, said, “The MedTainer™ is a great addition to our growing portfolio of customizable products, which have been shown to create a steady stream of recurring revenue, as customers typically reorder customized products. The MedTainer™ was particularly appealing to us because our customers can use it as a promotional giveaway or accessory cross-sell to help build their brand. Our customers can use this product as a premium packaging solution or continue to purchase other forms of branded packaging, such as barrier bags or labels, while ordering custom MedTainers as a promotional item,” concluded Mr. Kovacevich.
Acology’s signature product, the MedTainer™, has been gaining traction with sales exceeding expectations for calendar 2016. In addition to the revenues generated by customizing and branding MedTainers, as the states that are positioning for legalization begin to codify compliant packaging regulations, including certified child-resistance, proper labeling and product track-ability, the MedTainer is seen as the perfect packaging solution for cannabis end-users.
The MedTainer’s certificate for child-resistance comes from Child Related Research Inc. in Murray, Utah. Accredited here in the US and internationally, and given an A+ rating by the BBB, CRR Inc. gave a rare 100% rating to the MedTainer along with its’ Child-Resistance Certificate.
For investor or sales information please visit Acology Inc. and D&C Distributors online or by phone. The company is located in their production and distribution facility at 1620 Commerce St. Corona, California, 92880.
Acology trades on the OTC under the call letters ACOL. The company’s websites are www.Acologyinc.com for the hospice and palliative care industry and www.themedtainer.com for the recreational and medical marijuana industry. Orders for Acology products can be taken online and by phone. Custom orders are especially welcome. Follow us on Twitter and Instagram (@Acologyinc).
This press release includes statements that are covered by the Private Securities Litigation Reform Act of 1995. Because such statements deal with future events they are subject to risks and uncertainties and actual results for fiscal year 2016 and beyond could differ materially from the company’s current expectations. Forward-looking statements are identified by such words as “anticipates”, “projects”, “expects”, “planned”, “intends” and “believes” “estimate” “targets” and other similar expressions that indicate trends and future events. It is understood that investment entails risk on the part of the investor and could result in the loss of some or all of his or her investment.
