Financial News
Hero Technologies Inc. (HENC), Blackbox Subsidiary Obtain Key Approvals, Move Forward with Michigan Expansion Plans
- License prequalification should give HENC shareholders great confidence in strategic Michigan business plan
- Hero Technologies, Blackbox now beginning the last step in process of obtaining licensing approval
- Once full funding has been reached, BlackBox anticipates being shovel ready within two months
In its ongoing commitment to position itself as a multistate operator in the cannabis sector, Hero Technologies (OTC: HENC) is focused on becoming fully licensed in Michigan. As part of that process, the company recently announced that Blackbox Systems and Technologies LLC, a HENC subsidiary, has fulfilled the requirements for step 1 prequalification approval for a Class C Medicinal Use cannabis license in Michigan; Blackbox also received step 1 prequalification approval for a Class C Adult-Use cannabis license (https://ibn.fm/x5UjK).
“Michigan’s two-step marijuana licensing process is one of the toughest in the country, and passing the scrutiny of state regulators for license prequalification should give our shareholders great confidence in our Michigan business plan,” said Hero Technologies CEO Gina Serkasevich. “The state of Michigan is also…
NOTE TO INVESTORS: The latest news and updates relating to HENC are available in the company’s newsroom at https://cnw.fm/HENC
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