Shareholders of Acology Inc. (OTCPK:ACOL) responded favorably to news that Organigram Holdings Inc. (OTCQB:OGRMF) has renewed another order for Acology’s signature product, the MedTainer™, which will be custom printed for the Canadian LP and equipped with Acology’s MedX 2-way humidity packs.
This follows several other Canadian LP orders in the last month as the Canadian market is set to open up to legal cannabis for recreational use. Acology, having completed and submitted applications to each Canadian provincial authority delegated to adopt and enforce packaging compliance, is now finalizing steps in several provinces to serve as a primary retail package for legal cannabis in those provinces.
Acology has and continues to position itself throughout this process as the preferred retail packaging system for most, if not the entire, Canadian market. The Medtainer fits all Canadian safety, labeling and content parameters perfectly and is the only patented multi-functional container on the market.
News of the large order for MedTainer has shares of ACOL moving up 10% to $0.011 in late-afternoon trading.
