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.

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

NECANN BEANStock
Portland Sports Complex, Portland, Maine
5/15/21


The largest cannabis and hemp event series in the United States will bring its bud business building acumen to Portland, Maine for a one-day spring outdoor gathering on Saturday, May 15, 2021. The New England Cannabis Convention (NECANN) will plant its BEANStock tents at the Portland Sports Complex (512 Warren Ave) with limited space for vendors and attendees for an in-person get-together designed to cannabis conscious and compliant with the state’s COVID safety protocols. All vendors and attendees will be required to follow Maine’s pandemic regulations for personal protective equipment, social distancing and capacity without exception.

BEANStock is a 100 percent plant-friendly event featuring seed, clone and tissue culture sales. The estimated 50 exhibitors will also present soil, nutrients, growing aids and full plant and product displays for the anticipated 500 attendees, who must be 21 and older. NECANN’s history of supporting the adoption and celebration of hemp, medical marijuana and adult cannabis use in the New England states will provide the event with the elements of an experienced infrastructure.

Tickets are $20 and can be obtained through BEANStock’s website, https://necann.com/beanstock/.

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CannabisNewsWire (CNW) is a multifaceted financial news and publishing company that delivers a new generation of social communication solutions, news aggregation and syndication, and enhanced news release services. Leveraging a professional team of journalists and writers, CNW introduces private and public companies to a wide audience of investors, consumers, journalists and the general public via social media and a rapidly expanding network of over 5,000 key distribution outlets. Cutting through information overload, CNW's innovative and proprietary systems clearly and succinctly deliver its clients much needed visibility, recognition and brand awareness. CNW is where news, content and information converge.

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