NetworkNewsBreaks – Hero Technologies Inc. (HENC
Post# of 215
(Total Views: 258)
Posted On: 07/16/2021 3:25:40 PM
NetworkNewsBreaks – Hero Technologies Inc. (HENC) Further Diversifies, Executes Growth Strategy Through MassCannabis
Hero Technologies (OTC: HENC) recently moved to capitalize on the potential of the Massachusetts market by forming a subsidiary, MassCannabis, to seek property or land acquisition opportunities in the state and potentially initiate dispensary projects. “Last year, the nonmedical cannabis market in Massachusetts hit a significant milestone: $1 billion in sales since the state voted to legalize the substance — this even though the state was one of only a handful that closed cannabis shops for a period of time because of COVID-19,” reads a recent article. According to Hero Technologies CEO Gina Serkasevich, “In forming our new MassCannabis subsidiary, we have taken another key step in executing our growth strategy as a multi-state operator (‘MSO’) and diversified our vertically integrated business model… Massachusetts is clearly a fast-growing cannabis market and expanding our footprint there would extend our geographical reach in the U.S. and diversify our addressable market.”
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) recently moved to capitalize on the potential of the Massachusetts market by forming a subsidiary, MassCannabis, to seek property or land acquisition opportunities in the state and potentially initiate dispensary projects. “Last year, the nonmedical cannabis market in Massachusetts hit a significant milestone: $1 billion in sales since the state voted to legalize the substance — this even though the state was one of only a handful that closed cannabis shops for a period of time because of COVID-19,” reads a recent article. According to Hero Technologies CEO Gina Serkasevich, “In forming our new MassCannabis subsidiary, we have taken another key step in executing our growth strategy as a multi-state operator (‘MSO’) and diversified our vertically integrated business model… Massachusetts is clearly a fast-growing cannabis market and expanding our footprint there would extend our geographical reach in the U.S. and diversify our addressable market.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
(0)
(0)