Sign In  |  Register  |  About Walnut Creek Guide  |  Contact Us

Walnut Creek, CA
September 01, 2020 1:43pm
7-Day Forecast | Traffic
  • Search Hotels in Walnut Creek Guide

  • CHECK-IN:
  • CHECK-OUT:
  • ROOMS:

InvestorNewsBreaks – Hero Technologies (HENC) Planning to Use Michigan Property for Growing, Processing Cannabis Operations

Hero Technologies (OTC: HENC), a cannabis company focused on a seed-to-sale vertical integration strategy, is planning to use a 10-acre property in Vassar Township, Michigan, as its base of cannabis operations in the state. According to the announcement, HENC entered into a purchase agreement for the property, which is already zoned as part of a cannabis industrial park, is ideal for distribution because of its central location and supports the required infrastructure, including greenhouses, for growing cannabis; HENC is planning to use the property for both indoor and outdoor growing as well as end-to-end processing operations. Vassar permits cannabis companies to build facilities needed for cultivating, processing, testing, provisioning and transporting legal marijuana. In addition, Hero Technologies subsidiary BlackBox Systems and Technologies LLC has already prequalified for state approval of adult and medicinal-use cannabis licenses. “We expect Michigan to drive company growth, as we already have state licensing preapproval in place and sales of legal cannabis are increasing rapidly in the state-to around $2.8 billion this year,” said Hero Technologies CEO Gina Serkasevich in the press release. “We were looking for a base of operations in Michigan that was receptive to cannabis companies, supportive of every stage of cannabis cultivation and sales, centrally located for distribution and cost effective. Vassar checked every box for us.”

To view the full press release, visit https://ibn.fm/I2eKk

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

About InvestorWire

InvestorWire is the wire service that gives you more. From regional releases to global announcements presented in multiple languages, we offer the wire-grade dissemination products you’ll need to ensure that your next press release grabs the attention of your target audience and doesn’t let go. While our competitors look to nickel and dime you with hidden fees and restrictive word limits, InvestorWire keeps things transparent.

As part of its service, InvestorWire provides coverage of noteworthy announcements. To further expand visibility of achievements being made throughout a multitude of sectors, InvestorWire’s syndication partners have extended the digital coverage to include individual broadcasts on financial websites and platforms visited by millions of investors daily.

For more information, please visit https://www.InvestorWire.com

Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://ibn.fm/Disclaimer

InvestorWire (IW)
8033 Sunset Blvd Suite 1037-IW
Los Angeles, CA 90046
310.299.1717 Office
www.InvestorWire.com
Editor@InvestorWire.com

InvestorWire is part of the InvestorBrandNetwork.

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
 
 
Copyright © 2010-2020 WalnutCreekGuide.com & California Media Partners, LLC. All rights reserved.