Hero Technologies (OTCQB: HENC), a cannabis company focused on a “seed-to-sale” vertical integration strategy, today announced that it has filed the required paperwork to obtain a license for building and operating a cannabis growing facility in Vassar Township, Michigan. Hero Technologies recently entered into a purchase agreement to acquire a 10-acre parcel in Vassar, and it expects to close on the property within the next 60 days. “We’re aiming to close on the Vassar property by the end of November, and we want to hit the ground running,” said Hero Technologies’ CEO Gina Serkasevich. “By setting the local license application process in motion now, we hope to synchronize license approval with taking title to the property, so we can quickly start to build out our cannabis operations. Based on Vassar’s marijuana-friendly business environment, and the fact that the parcel we plan to acquire is in an industrial park zoned for cannabis, we expect that the municipality’s review and approval of our license application will go smoothly.”
To view the full press release, visit https://ibn.fm/7KpRy
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. Hero Technologies’ 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, 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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