Business
Hero Technologies Retains Top Cannabis Law Firm for Strategic Initiatives in Massachusetts
Hero Technologies Retains Top Cannabis Law Firm for Strategic Initiatives in Massachusetts.
About this update from Hero Technologies Inc.
[{"type":"text","content":"Company anticipates license and land acquisitions in the state as part of integrated growth strategyDOVER, DE / ACCESSWIRE / March 9, 2021 / Hero Technologies (OTC PINK:HENC) (Twitter: @heroicmindtech), a cannabis company pursuing a vertically integrated model, today announced that it has retained Vincente Sederberg LLP to spearhead the process to obtain cannabis licenses in Massachusetts, a rapidly-growing cannabis market with over $1 billion in retail sales since 2019.Vincente Sederberg is a leading advocate for the cannabis industry, with over a decade of experience in cannabis law. Rolling Stone magazine has called Vincente Sederberg a "powerhouse marijuana law firm."Hero Technologies' newly-formed subsidiary, MassCannabis LLC, will work closely with Sederberg to target property acquisitions and begin the process to obtain licenses to cultivate and retail cannabis in Massachusetts."We are very excited about our momentum in Massachusetts," said Hero Technologies' CEO Gina Serkasevich. "Having Vincente Sederberg join forces with our new MassCannabis subsidiary should enable us to quickly identify new strategic partners and streamline the acquisition process. We look forward to reporting more developments to our shareholders as we continue to expand and integrate cannabis initiatives across geographical markets."About Hero TechnologiesHero Technologies Inc. is a cannabis company with a vertically-integrated business model. The company has 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 business plan includes cannabis genetic engineering, farmland for both medical and recreational cannabis cultivation, production licenses, distribution licenses, consumer packaging and retail operations, and dispensaries that make the company a multi-state operator (MSO).Forward-Looking StatementsThis press release contains "forward-looking statements" within the meaning of the federal securities laws, including Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements may include: mana...