NetworkNewsBreaks – Hero Technologies Inc. (HENC
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Posted On: 04/12/2021 5:03:50 PM
NetworkNewsBreaks – Hero Technologies Inc. (HENC) Announces Independent Review Confirming Fair Value of Veteran Hemp Co. Acquisition
Hero Technologies (OTC: HENC), a cannabis company focused on a vertically integrated strategy, today announced its receipt of an independent third-party valuation and purchase price allocation for its acquisition of the assets of V Broker LLC dba Veteran Hemp Co. Colorado-based Veteran Hemp Co., founded by U.S. military veterans, is an online retailer and wholesaler of hemp and cannabinoid products. Hero Technologies acquired Veteran Hemp Co. in November 2020, and the acquired assets are valued at $169,711. “We are pleased that an independent review has confirmed the fair value of our Veteran Hemp Co. asset acquisition,” said Hero Technologies’ CEO Gina Serkasevich. “As we continue to develop and execute our integrated ‘seed to sale’ market strategy for cannabis products, we strive to make wise investment decisions. Our carefully considered purchase of Veteran Hemp Co. benefits our balance sheet, our market reach — both retail and wholesale — and our 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 its receipt of an independent third-party valuation and purchase price allocation for its acquisition of the assets of V Broker LLC dba Veteran Hemp Co. Colorado-based Veteran Hemp Co., founded by U.S. military veterans, is an online retailer and wholesaler of hemp and cannabinoid products. Hero Technologies acquired Veteran Hemp Co. in November 2020, and the acquired assets are valued at $169,711. “We are pleased that an independent review has confirmed the fair value of our Veteran Hemp Co. asset acquisition,” said Hero Technologies’ CEO Gina Serkasevich. “As we continue to develop and execute our integrated ‘seed to sale’ market strategy for cannabis products, we strive to make wise investment decisions. Our carefully considered purchase of Veteran Hemp Co. benefits our balance sheet, our market reach — both retail and wholesale — and our 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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