NetworkNewsBreaks – Hero Technologies Inc. (HENC
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Posted On: 04/05/2021 3:46:59 PM
NetworkNewsBreaks – Hero Technologies Inc. (HENC) Secures Cannabis Cultivation Zoning Approval in Continued Pursuit of Vertically Integrated Strategy
Hero Technologies (OTC: HENC), a cannabis company focused on a vertically integrated strategy, today announced that its subsidiary, BlackBox Systems and Technologies LLC, has obtained zoning approval for cannabis cultivation on the 120-acre Michigan property it has agreed to purchase for $1,500,000. According to the update, neither the property nor Blackbox received a cannabis license from the Michigan Regulatory Authority (the “MRA”). However, the company did receive approval by the local land use authority to use the property in the future to cultivate cannabis, without which Blackbox could not move forward with the purchase and future cannabis cultivation at the site. “We continue to aggressively pursue our vertically integrated cannabis marketing strategy, and this zoning approval accelerates our plan to grow cannabis year-round on the Michigan property we plan to purchase,” said Hero Technologies’ CEO Gina Serkasevich. “We are eager to move to the next stage of property development, including financing, permitting, and breaking ground on greenhouse construction, and eventually harvesting cannabis and generating revenue for shareholders.”
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), a cannabis company focused on a vertically integrated strategy, today announced that its subsidiary, BlackBox Systems and Technologies LLC, has obtained zoning approval for cannabis cultivation on the 120-acre Michigan property it has agreed to purchase for $1,500,000. According to the update, neither the property nor Blackbox received a cannabis license from the Michigan Regulatory Authority (the “MRA”). However, the company did receive approval by the local land use authority to use the property in the future to cultivate cannabis, without which Blackbox could not move forward with the purchase and future cannabis cultivation at the site. “We continue to aggressively pursue our vertically integrated cannabis marketing strategy, and this zoning approval accelerates our plan to grow cannabis year-round on the Michigan property we plan to purchase,” said Hero Technologies’ CEO Gina Serkasevich. “We are eager to move to the next stage of property development, including financing, permitting, and breaking ground on greenhouse construction, and eventually harvesting cannabis and generating revenue for shareholders.”
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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