- HENC subsidiary evaluating, pursuing property acquisitions; beginning process to obtain cultivation, sales licenses
- Sales have doubled in the past year, according to state’s seed-to-sale tracking system
- HENC working with top cannabis law firm to spearhead the process
With Massachusetts reporting marijuana sales reaching $2 billion since the state approved the adult-use market (https://cnw.fm/9CA5M), savvy cannabis companies operating in the state are looking to leverage opportunity for growth. Earlier this year, Hero Technologies (OTC: HENC), a cannabis company pursuing a vertically integrated model, announced a new subsidiary: MassCannabis LLC. The newly formed company is evaluating and pursuing property acquisitions and beginning the process to obtain licenses in Massachusetts (https://cnw.fm/x8MRZ).
The Cannabis Control Commission in Massachusetts has reported that gross sales from the state’s 165 cannabis retailers and three delivery services reached $2,009,007,478 as of August 31, 2021. “That doubles the sales total that the commission reported last…
NOTE TO INVESTORS: The latest news and updates relating to HENC are available in the company’s newsroom at https://cnw.fm/HENC
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