Hero Technologies (OTC: HENC), a cannabis company focused on a seed-to-sale vertical integration strategy, is working to acquire land in Michigan as part of its plan to strengthen its presence and grow its business in the state. The company is looking for at least 10 acres, which will serve as a basis as the company plans on growing, processing and selling cannabis for both medicinal and recreational use. “We are pleased to report that we are making progress in discussions to acquire land in Michigan,” said Hero Technologies CEO Gina Serkasevich in the press release. “Michigan is a major part of our strategic go-to-market plan. According to regulatory data, sales of legal cannabis in the state should increase over 50% this year to over $2.7 billion. With the company’s in-state cannabis license already preapproved, closing a real estate deal is our next step in executing our end-to-end cannabis cultivation and sales strategy.”
To view the full press release, visit https://ibn.fm/sGcun
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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