InvestorNewsBreaks – Hero Technologies (HENC) Supports Michigan’s Marijuana Legislation
Jul 26, 2022
Hero Technologies (OTCQB: HENC), a cannabis company focused on a seed-to-sale vertical integration strategy, is sharing its support of the state of Michigan and its regulation of the production and use of legal marijuana. Las year, a HENC subsidiary, BlackBox Systems and Technologies LLC, received prequalification approval for an adult (recreational) and medicinal use cannabis license; BlackBox did so by adhering to Michigan’s Regulation and Taxation of Marijuana Act. The company is planning large-scale cannabis cultivation in Michigan and will fully comply with all state regulatory requirements as it moves forward with those plans, which include a proprietary aeroponic growing system for greenhouses with state-of-the-art quality and safety controls. The company noted that it also intends to adhere to the Michigan Cannabis Safety Act, which contains new regulations for the cultivation of cannabis as well as guidelines for a new “specialty medical grower” license. According to the announcement, BlackBox anticipates producing high-yield cannabis crops year-round that can be used for both recreational and medical purposes. “We are thrilled to see the continued growth of the Michigan cannabis market as we finalize our state licensing and prepare for high-volume, high-quality cultivation,” said Hero Technologies CEO Gina Serkasevich in the press release. “We are also glad to see the state legislature considering tighter quality and safety controls for medical marijuana, as we expect our proprietary production system to meet every requirement, potentially giving us a competitive advantage.”
To view the full press release, visit https://ibn.fm/rKg8g
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. The company’s 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, please 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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