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Posted On: 07/21/2021 4:15:02 PM
Post# of 215
NetworkNewsBreaks – Hero Technologies Inc.’s (HENC) Business Strategy Reaffirmed as Trend Moves Toward Greenhouse Cultivation
Hero Technologies (OTC: HENC) has a majority stake in BlackBox Systems and Technologies LLC, an aeroponic cannabis cultivation system that provides optimal conditions in greenhouses to enhance photosynthesis and produce large flowering plants. Thus, the trend toward greenhouse cultivation is welcome news for HENC. A recent article reads, “According to a recent five-year study of the cannabis industry, greenhouse production is a leading choice for cannabis cultivation companies (https://nnw.fm/rnssB). The report, published by ‘Cannabis Business Times,’ reaffirms the business strategy of Hero Technologies.” It noted that greenhouse production continues to be the top tool for reducing the initial and operational costs for a 52-week production facility. “‘Nearly a third of greenhouse cultivators also report average production costs of less than $100 per pound of dried flower, compared to 11% of indoor cultivators.’ The trend toward greenhouse cultivation is understandable when looking at the bottom line. The report noted that, in 2020, the average cost to grow a pound of dried flower was $396 for warehouse or indoor cultivation sites, and more than $150 less ($233) to grow the same amount in a greenhouse.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Hero Technologies (OTC: HENC) has a majority stake in BlackBox Systems and Technologies LLC, an aeroponic cannabis cultivation system that provides optimal conditions in greenhouses to enhance photosynthesis and produce large flowering plants. Thus, the trend toward greenhouse cultivation is welcome news for HENC. A recent article reads, “According to a recent five-year study of the cannabis industry, greenhouse production is a leading choice for cannabis cultivation companies (https://nnw.fm/rnssB). The report, published by ‘Cannabis Business Times,’ reaffirms the business strategy of Hero Technologies.” It noted that greenhouse production continues to be the top tool for reducing the initial and operational costs for a 52-week production facility. “‘Nearly a third of greenhouse cultivators also report average production costs of less than $100 per pound of dried flower, compared to 11% of indoor cultivators.’ The trend toward greenhouse cultivation is understandable when looking at the bottom line. The report noted that, in 2020, the average cost to grow a pound of dried flower was $396 for warehouse or indoor cultivation sites, and more than $150 less ($233) to grow the same amount in a greenhouse.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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