An improved extendable and collapsible container has a plurality of telescoping sleeves adapted to interlock with one another to form a desired volume. A base member attached to a bottom most sleeve and adapted to house the sleeves when the container is collapsed, and adapted to form a base of the container when the container is extended. A removable cap member attached to a top most sleeve and adapted to enclose the volume when the container is extended, the cap member includes a closable opening therethrough adapted to allow a substance to pass from the volume inside the container outward therefrom when desired. A sleeve locking mechanism adapted to lock the sleeves in respective positions when a desired volume is formed and unlock the sleeves from their respective positions when it is desired to collapse the container.
