Hero Technologies Inc. (HENC) Acquisition Includes Proprietary Technology, Positions Company in Aeroponics Space

June 15, 2021 08:00:18
  • HENC acquired majority stake in BlackBox Systems and Technologies LLC late last year
  • Aeroponics is a method of growing plants in an environment with no soil
  • HENC’s exclusive aeroponics technology provides optimal conditions to enhance photosynthesis, cultivation of large flowering plants
A strategic acquisition by Hero Technologies (OTC: HENC) last year has made the company a clear contender in the cannabis aeroponics cultivation space. In November 2020, HENC executed an acquisition and operating agreement resulting in the company acquiring a majority stake in BlackBox Systems and Technologies LLC, an aeroponic cannabis cultivation system that uses proprietary technology (https://cnw.fm/EHjNn). Aeroponics, or a method of growing plants in an environment with no soil, has been around since early in the 20th century, when an article titled “On Air Plant Cultures” was published in the Experienced Agronomy journal (https://cnw.fm/Es0Gl). In the article, author V.M. Artsikhovski explained his method of physiological studies of root systems, which he achieved by spraying various substances in the… Read More>> 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 instant SMS alerts, 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.