Container and one-way valve assembly for storing and dispensing substances, and related method

A device for storing and dispensing a substance comprising:

• a container comprising a body including therein a storage chamber for receiving and storing a substance, a pierceable wall located in fluid communication with the storage chamber, and a first connecting portion for connecting another component thereto;
• and
• a dispensing portion including:
• a second connecting portion configured to connect to the first connecting portion for securing the dispensing member to the container;
• at least one piercing portion engageable with the pierceable wall;
• and
• a fluid passageway extending through the dispensing portion, wherein:
• at least one of the dispensing portion and the container are movable relative to the other between a first position and a second position,
• in the first position, the at least one piercing portion is not piercing the pierceable wall,
• when moving from the first position to the second position, at least one of the first connecting portion and the second connecting portion moves relative to the other, and the piercing portion engages and pierces the pierceable wall, and
• in the second position, the second connecting portion is connected to the first connecting portion and secures the dispensing member to the container and forms a fluid tight seal therebetween, and the piercing portion is piercing the pierceable wall and the storage chamber is in fluid communication with the fluid passageway for allowing a flow of substance from the storage chamber therethrough and out of the device.