- Sales milestone represents licensees’ ability to successfully support a safe, accessible and effective adult-use industry
- Billion-dollar mark was reached despite 60-day shutdown of recreational cannabis industry due to COVID-19
- Earlier this year, Hero Technologies formed MassCannabis to explore potential opportunities, projects in the state
Late last year, the nonmedical cannabis market in Massachusetts hit a significant milestone: $1 billion in sales since the state voted to legalize the substance — this even though the state was one of only a handful that closed cannabis shops for a period of time because of COVID-19 (https://cnw.fm/KOUK1). Sales in the space have continued strong in 2021, and Hero Technologies (OTC: HENC) is strengthening its position in the state through its new wholly owned subsidiary, MassCannabis LLC.
“According to the Cannabis Control Commission, 80 Massachusetts marijuana retailers, as of Oct. 30, reported $1,000,521,905 in sales since stores opened in November 2018,” reported the “Boston Business Journal,” which noted that the sales milestone represents licensees’ ability to successfully support a…
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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