SOURCE: Acology Inc.
November 21, 2016 08:30 ET
CORONA, CA--(Marketwired - November 21, 2016) - Acology Inc. (OTC PINK: ACOL) published its 10Q today and is pleased to report that revenues have increased substantially from this same period last year. The unexpected presidential election results could give Acology's American-Made products and services more traction than was previously projected. The Trump Administration has stated publicly that American manufacturers and sales organizations would receive preferential treatment. Many of the packaging products that are currently used in the US cannabis industry come from China and other countries, which could face much tougher tariffs under the Trump administration. Acology's signature product, The MedTainer™, is 100% manufactured and sold in the United States. Acology intends to exploit this advantage against other foreign-made and inferior competitors' products.
The national elections were a successful referendum for the cannabis industry with 8 more states voting to legalize the use of recreational or medical cannabis products. This brings to 26 the number of states that have legalized cannabis use. Acology's home state, California, is the biggest winner, with potential tax revenues rising into the billions as more licenses are granted and operators rush to enter the industry. Acology's location advantages are evident, both in the volume of products sold and the steady increase of new vendors seen in the past year. Acology has aggressively taken a position as the premier packaging-solution in this rapidly-expanding industry.
Acology, in its partnership with Kush Bottles (KSHB), one of the largest container suppliers in the industry, is uniquely positioned to move forward with other strategic partners in making the transition to safe, publicly responsible packaging. In the past 3 years Acology has reached into 20 countries and is closing-in on 3 million units sold. 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. Please send all inquiries to firstname.lastname@example.org or call (844) ACOLOGY (844-226-5649). Ask for Jack Rein, National Services Director. Acology can also be accessed through Twitter and Instagram at @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.
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