CannabisNewsBreaks – Hero Technologies Inc. (HENC) Leverages Strategic Approach to Target Fast-Growing Market

Hero Technologies (OTC: HENC), a Delaware-based company founded in 2004, is building a vertically integrated business model and leverages a strategic approach as a multi-state operator across multiple sectors of the cannabis industry. These factors uniquely position HENC “to capitalize on the fast-growing market and the growing number of opportunities emerging as a result of legalization and increased popularity among consumers,” reads a recent article. The article notes that the global CBD market, which was valued at $2.8 billion in 2020, is projected to reach $13.4 billion by 2028, growing at a 21.2% CAGR, while “the global legal cannabis market is anticipated to reach $84 billion by 2028, expanding at a CAGR of 14.3% from 2021 to 2028.” These figures mean that the industry holds promise for Hero Technologies, which also owns various subsidiaries, some of which are key to the company’s expansion to other states. “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.”
To view the full article, visit https://cnw.fm/r4Jth
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. Hero Technologies’ strategic business plan includes cannabis genetic engineering, farmland for both medical and recreational cannabis cultivation, production and distribution licenses, consumer packaging, and retail and dispensary operations that make the company a multi-state operator (“MSO”). For more information about the company, visit www.HeroTechnologiesinc.com.
NOTE TO INVESTORS: The latest news and updates relating to HENC are available in the company’s newsroom at https://cnw.fm/HENC
About CannabisNewsWire
CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.
To receive SMS text alerts from CannabisNewsWire, text “CANNABIS” to 21000 (U.S. Mobile Phones Only)
For more information please visit https://www.CannabisNewsWire.com
Please see full terms of use and disclaimers on the CannabisNewsWire website applicable to all content provided by CNW, wherever published or re-published: http://CNW.fm/Disclaimer
Do you have questions or are you interested in working with CNW? Ask our Editor
CannabisNewsWire (CNW)
Denver, Colorado
www.CannabisNewsWire.com
303.498.7722 Office
Editor@CannabisNewsWire.com
CannabisNewsWire is part of the InvestorBrandNetwork.
The post CannabisNewsBreaks – Hero Technologies Inc. (HENC) Leverages Strategic Approach to Target Fast-Growing Market appeared first on CannabisNewsWire.
READ MORE: https://www.cannabisnewswire.com/cannabisnewsbreaks/cannabisnewsbreaks-hero-technologies-inc-henc-leverages-strategic-approach-to-target-fast-growing-market/