CORONA, Calif., June 12, 2017 (GLOBE NEWSWIRE) — Acology Inc. (OTC:ACOL) announced today that Canadian operations have recorded a 30% increase in sales over the same time last year, justifying the work and investment made in that country in the last quarter of 2016.
In anticipation of total legalization, now seen by lawmakers as a certainty by mid-2018, Acology continues to position itself and its’ premiere product, the Medtainer™, as the perfect solution for growers and dispensaries to safely package cannabis in accordance with regulations established by the Canadian health care service. Acology executives have aggressively pursued relationships with government and business entities throughout the country in an effort to boost product recognition. Revenues from cannabis sales in Canada in the next 10 years are expected to top $100B. Much of the tax revenue generated by the industry will go back to Health Canada.
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 [email protected] 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 his or her investment.