CannabisNewsWire
CannabisNewsWire

News and publishing service
for cannabis related companies

LimeLight of The week is

Hero Technologies Inc.
(OTC: HENC)

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Hero Technologies Inc. (OTC: HENC) is a cannabis company with a vertically integrated business model and plan that includes cannabis genetic engineering, farmland for medical and recreational cannabis cultivation, production licenses, distribution licenses, consumer packaging, retail operations and dispensaries that make the organization a multi-state operator (MSO).

The company was founded in 2004 and is headquartered in Dover, Delaware.

Portfolio

The company holds the majority stake in BlackBox Systems and Technologies LLC, an aeroponic cannabis cultivation firm focused on providing optimal conditions to enhance photosynthesis and cultivation. Hero Technologies is planning expansion in cultivation and dispensary operations in Colorado through wholly owned subsidiary Mile High Green LLC, while expansion in Massachusetts is planned through another wholly owned subsidiary, MassCannabis LLC.

Hero Technologies also owns and operates HighlyRelaxing.com under Highly Relaxing LLC and recently acquired the assets of V Brokers LLC, now operating as Veteran Hemp Co. at VeteranHempCo.com.

Investment Considerations

  • Rapidly positioning itself as a multi-state operator, Hero Technologies Inc. holds a portfolio of subsidiaries with strategic operations within the cannabis industry.
  • The company currently has a multi-state vertical business model that includes cannabis genetic engineering, farmland for medical and recreational cannabis cultivation, production licenses, distribution licenses, consumer packaging, retail operations and dispensaries.
  • Hero Technologies plans to expand on the proprietary, solar-powered aeroponic cannabis cultivation system of BlackBox Systems and Technologies, as it could help lower the industry’s carbon footprint.
  • The company’s management team is comprised of financial industry veterans who have a combined history of mergers, acquisitions and overall company development.
  • North America provides the largest revenue share in the cannabis industry, accounting for 91.1% of the global market in 2020; the continent also has the highest number of CBD businesses globally.
  • Hero Technologies is currently expanding into the Colorado and Massachusetts cannabis markets via two wholly owned subsidiaries.
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Featured Event

Roth Golden Cannabis Day
Virtual Event
4/7/21


The Cannabis World Congress & Business Exposition (CWCBExpo) is a business-to-business trade show event for the legalized cannabis industry. It is held in the largest media, financial, and business markets. It is the leading forum for dispensary owners, growers, suppliers, investors, medical professionals, government regulators, legal counsel, and entrepreneurs looking to achieve business success and identify new areas of growth in this dynamic and fast-growing industry.

Investors looking for an opening in the cannabis space can find opportunities aplenty during Roth Capital Partners’ Roth Golden Cannabis one-day investment summit April 7. The Golden Cannabis Day event will bring investors together with top management from leading companies in the sector. Through 40-minute video conference calls, investors will obtain in-depth perspectives on featured companies.

The one-on-one / small group meetings will take place during the morning and afternoon, punctuated by two industry panels about cannabis brands and influencers. Participation is by attendance only.

For more information about ticketing, visit the event’s website at https://ibn.fm/RothGoldenCannabisDay

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