Hero Technologies (OTC: HENC), a cannabis company focused on a seed-to-sale vertical integration strategy, is working to acquire property in north-central Michigan that is already zoned for cannabis. The company is looking to establish operations in the state and plans to grow, process and sell cannabis through wholesale and retail channels. The company is negotiating to purchase a 10-acre property located about 90 miles north of Detroit. The property, along with the licensing preapproval to market marijuana for both medicinal and recreational use that HENC has received through its subsidiary, BlackBox Systems and Tehnologies LLC, will help the company progress toward its operation goals in Michigan. “After exploring a number of properties in Michigan, we are focusing on land that meets all of the company’s needs for cultivating and marketing cannabis,” said Hero Technologies CEO Gina Serkasevich in the press release. “We are especially pleased that the property we are negotiating to buy has a history of cannabis use, as we believe this will help smooth the way for us to quickly build out our cannabis operations. I look forward to reporting further to our shareholders as we conclude these negotiations and move to close on this property acquisition.”
To view the full press release, visit https://ibn.fm/rQONW
About Hero Technologies Inc.
Hero Technologies is a cannabis company working toward a vertically integrated business model. The company owns a majority stake in BlackBox Systems and Technologies LLC, an aeroponic cannabis cultivation system that provides optimal growing conditions to enhance photosynthesis and cultivation of large flowering plants, creating increased harvest efficiencies. The company’s strategic business plan includes cannabis genetic engineering, farmland for both medical and recreational cannabis cultivation, production licenses, distribution licenses, consumer packaging, and retail and dispensary operations that make the company a multistate operator (“MSO”). For more information about the company, please visit www.HeroTechnologiesInc.com.
NOTE TO INVESTORS: The latest news and updates relating to HENC are available in the company’s newsroom at https://ibn.fm/HENC
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