CannabisNewsBreaks – Hero Technologies Inc. (HENC) Positioning in 3 of Top 6 US Cannabis Markets

Hero Technologies (OTC: HENC), a cannabis company, is ideally poised as a new report revealed that states that have legalized recreational marijuana collected an estimated $3.7 billion in tax revenue last year. “That news bodes well for savvy players in the legal cannabis space, including Hero Technologies, as states are often eager to support revenue sources,” a recent article reads. “Hero Technologies is looking to leverage its cannabis expertise in more of those states. The company currently has a majority stake in BlackBox Systems and Technologies LLC, which has been operating legally in Michigan as a medical caregiver. HENC is aggressively pursuing an expansion of its cultivation and dispensary operations in Colorado through Mile High Green LLC, a wholly owned subsidiary. The company is also looking to move into Massachusetts through an additional wholly owned subsidiary, MassCannabis LLC. These states are in the top-six cannabis markets in the United States. While California tops the list, Colorado comes in at number three, reporting a $2.5 billion market, with Michigan following in the number four spot, showing a $1.4 billion market. Massachusetts ranks number six, with a market of $1.2 billion.”

To view the full article, visit https://cnw.fm/W13Yh

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 licenses, 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.

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CannabisNewsBreaks – Hero Technologies Inc. (HENC) Focused on Vertical Integration, State Expansion

Hero Technologies (OTC: HENC), a cannabis company working toward a vertically integrated business model, has plans to expand into two states that have legalized cannabis — Colorado and Massachusetts. Cannabis genetic engineering, farmland for medical and recreational cannabis cultivation, production licenses, distribution licenses, consumer packaging, retail operations and dispensaries are all part of HENC’s strategic multistate model. The company owns a majority stake in BlackBox Systems and Technologies LLC. BlackBox is an aeroponic cannabis cultivation system that provides optimal growing conditions to enhance photosynthesis and cultivation of large flowering plants, creating increased harvest efficiencies. A recent article discussing the company’s growth plans reads, “HENC’s Colorado expansion will come through its 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/NymGn

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 and increased harvest efficiencies. Hero Technologies’ strategic business plan includes cannabis genetic engineering, farmland for both medical and recreational cannabis cultivation, production licenses, 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.

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Hero Technologies Inc. (HENC) Looks to Expand as States Report $3.7B in Cannabis Recreational Tax Revenue in 2021

  • MPP report notes that states with legalized marijuana for adult use generated $3.7 billion in tax revenue from recreational cannabis sales
  • HENC is looking to leverage its cannabis expertise in more of these states
  • Company is aggressively pursuing expansion into Colorado, Massachusetts

A new report reveals that states with legalized recreational marijuana collected an estimated $3.7 billion in tax revenues last year (https://cnw.fm/xP9p5). That news bodes well for savvy players in the legal cannabis space, including Hero Technologies (OTC: HENC), as states are often eager to support revenue sources. 

“States that have legalized marijuana for adult use collectively generated more than $3.7 billion in tax revenue from recreational cannabis sales in 2021, a report from the Marijuana Policy Project (‘MPP’) that was released on Wednesday found,” reported Marijuana Moment. “That’s a 34% increase compared to revenue that states received from cannabis sales in 2020.

“The report follows up on an analysis MPP put out in January that looked at the total adult-use cannabis tax revenue collected by all legal states since recreational sales started in Colorado and Washington State in 2014,” the article continued. “At the time, the 2021 figures were incomplete but still showed that states received more than $10 billion in tax dollars from recreational marijuana sales over the past seven years. Now that the data is updated for 2021, the organization says the 2014–2022 total as of March is $11.2 billion.”

While cannabis remains on the federal list of banned substances outlined in the 1970 Controlled Substances Act (“CSA”), a growing number of states have passed laws providing for the medical or recreational legal use of the drug, with some states legalizing both uses. 

“According to 2020 U.S. Census Bureau apportionment numbers, more than 145 million Americans now live in a state that has legalized marijuana,” a U.S. News article reports (https://cnw.fm/MSLdN). The article went to note that “the wave of initiatives to legalize marijuana began in 2012, and has mostly been driven by coastal states.” The article also projected that more states are likely to join those ranks in the coming years, as about two-thirds of American adults support marijuana legalization, according to a Pew Research Center. Survey.

Hero Technologies is looking to leverage its cannabis expertise in more of these states. The company currently has a majority stake in BlackBox Systems and Technologies LLC, which has been operating legally in Michigan as a medical caregiver. BlackBox Systems is an aeroponic cannabis cultivation system that provides optimal conditions to enhance photosynthesis and cultivation of large flowering plants, creating increased efficiencies. HENC is aggressively pursuing an expansion of its cultivation and dispensary operations in Colorado through Mile High Green LLC, a wholly owned subsidiary. The company is also looking to move into Massachusetts through an additional wholly owned subsidiary, MassCannabis LLC. 

These three states are in the top-six cannabis markets in the United States (https://cnw.fm/ZI3H1). While California tops the list, Colorado comes in at number three, reporting a $2.5 billion market, with Michigan following in the number-four spot, showing a $1.4 billion market. Massachusetts ranks number six, with a market of $1.2 billion.

For more information, visit the company’s website at 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 instant SMS alerts, text “Cannabis” to 844-397-5787 (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

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CannabisNewsBreaks – Hero Technologies Inc. (HENC) Pursuing Diversification, Increased Share in Booming Colorado Market

Hero Technologies (OTC: HENC) anticipates expanding into the booming Colorado cannabis market via cultivation and dispensary operations through its wholly owned subsidiary, Mile High Green LLC. “Cannabis sales in the state broke another record last year, topping $2.22 billion in products sold, according to the Colorado Department of Revenue (https://cnw.fm/SFXzA). This figure ‘eclipses’ 2020 sales reaching upwards of $2.1 billion, which set a previous record,” a recent article reads. “Hero Technologies announced the formation of Mile High Green in March of last year, stating that the purpose of the subsidiary was to seek cannabis, land purchase and strategic acquisition opportunities in the state of Colorado. ‘By establishing another subsidiary to target cannabis property acquisitions and cannabis licenses, we continue to aggressively pursue our diversification and integration strategy,’ said Hero Technologies CEO Gina Serkasevich. ‘Colorado is an obvious market for us to target for expansion. It was exciting to see the state’s cannabis sales soar to $2.2 billion in 2020, truly an all-time high. We will work hard to gain market share in this important territory and participate in its healthy growth.’”

To view the full article, visit https://cnw.fm/oQQAk

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 licenses, 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 844-397-5787 (U.S. Mobile Phones Only)

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Hero Technologies Inc. (HENC) Eyes Passage of Marijuana Act as Plans Include Expansion into Colorado, Massachusetts

  • U.S. House passes key cannabis bill to remove cannabis from federally banned substances
  • A 2021 Pew Research Center poll indicates 91% of Americans agree that either medical or recreational cannabis use should be allowed
  • HENC plans to expand into two states — Colorado and Massachusetts — that have legalized cannabis

For the second time, the U.S. House of Representatives has passed a bill designed to end the federal ban on marijuana, which a Reuters article says has “created legal headaches for users and businesses in the states that have legalized” the substance (https://cnw.fm/guV9E). The bill now heads to the Senate, where its fate is uncertain. Companies that operate in the cannabis space, including Hero Technologies (OTC: HENC), are watching closely.

“The Marijuana Opportunity Reinvestment and Expungement [‘MORE’] Act, sponsored by Democratic Representative Jerrold Nadler of New York, which is in the process of legalizing the drug, removes marijuana from the list of controlled substances and eliminates criminal penalties for individuals who grow, distribute or possess it,” reported Reuters. “But the MORE act will need to gain 60 votes in the evenly divided Senate before moving to President Joe Biden’s desk for his signature.”

The bill would “end decades of failed and unjust marijuana policy,” said Democratic Representative Ed Perlmutter. “It is clear prohibition is over. Today we have an opportunity to chart a new path forward on federal cannabis policy that actually makes sense.” Perlmutter noted that the bill will not force any state to legalize marijuana.

The Reuters article stated that “marijuana users and businesses that sell it face a complicated legal patchwork in the U.S, where 37 states have legalized it in some form, either for recreation or medical use, while 13 still ban it entirely. Because federal law classifies cannabis as an illegal drug with no medical uses, researchers are severely limited in how they can study the drug and its impacts, making policy difficult to write. Cannabis businesses are also largely blocked from the U.S. banking system because of the federal ban.”

The article noted that legalization of marijuana is extremely popular among Americans, with a 2021 Pew Research Center poll indicating that 91% agreed that either medical or recreational use should be allowed.

Hero Technologies is a cannabis company working toward a vertically integrated business model with plans to expand into two states — Colorado and Massachusetts — that have legalized cannabis. HENC’s multistate model includes cannabis genetic engineering, farmland for medical and recreational cannabis cultivation, production licenses, distribution licenses, consumer packaging, retail operations and dispensaries.

Currently, 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. Its Colorado expansion will come through its wholly owned subsidiary Mile High Green LLC, while expansion in Massachusetts is planned through another wholly owned subsidiary, MassCannabis LLC.

For more information, visit the company’s website at 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 instant SMS alerts, text “Cannabis” to 844-397-5787 (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

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420 with CNW — Biden’s Pick for Top FDA Job Has Prescribed Cannabis-Based Medicine

President Joseph Biden isn’t a big fan of broad, comprehensive cannabis reform. Even though plenty of Democrats and even some Republicans have thrown their weight behind broad legalization, Biden favors decriminalizing cannabis, legalizing medical cannabis, and giving states the freedom to craft their own marijuana policies. This has been a bone of contention for many lawmakers, especially those from the left, and Senate Majority Leader Chuck Schumer stated that he would advance broad federal legalization with or without the president. A recent move by Biden may be a sign of his preference for medical cannabis.

On Friday, Biden announced that he has nominated a new Food and Drug Administration (“FDA”) commissioner who, coincidentally, has acknowledged that cannabis has medical potential and has even prescribed a cannabinoid-based drug as a physician. A cardiologist by trade, Robert Califf served as the 22nd FDA commissioner from February 2016 to January 2017 after President Barack Obama nominated him in 2015. Prior to that, he had been serving as the deputy commissioner of the United States Food and Drug Administration’s Office of Medical Products and Tobacco. He was hired by Alphabet Inc. (Google’s parent company) in 2019 as the head of Medical Strategy and Policy.

Califf is a tenured professor of cardiology at the Duke University School of Medicine, and he is the founding director of what is said to be the largest academic research organization on the globe, the Duke Clinical Research Institute. While he hasn’t been very vocal about cannabis, he made his views on the subject known during a 2016 cannabis research summit hosted by the federal government. He acknowledged that the controversial plant has several medical applications and said that the FDA was interested in advancing cannabis research and development.

He mentioned the treatment of epilepsy, AIDS wasting, cancer, neuropathic pain, spasticity, multiple sclerosis, and cancer as well as chemotherapy-induced nausea as some of the possible uses of cannabis and cannabinoid-infused products. Furthermore, he stated that he had prescribed cannabis-related treatments to patients afflicted with wasting cachectic syndrome due to extreme heart failure in his cardiology practice. Even though the FDA may not have found that cannabis can be a safe and effective treatment, he said at the time thatit doesn’t mean the drug has zero good uses. Califf added that we need additional studies to learn more about marijuana’s possible risks and benefits.

In 2019, he authored an op-ed advocating for strict regulation of vapes and the ban of flavored vape products to reduce the risks of lung disease in the wake of the 2019 vape lung illness outbreak. He later said that an outright ban on all vape products would be impractical and that prohibition would perpetuate a stigma that would keep addicts from seeking treatment.  

If Califf takes office as FDA commissioner, there is hope that he will be less hostile to the products made by cannabis companies such as Hero Technologies Inc. (OTC: HENC) since he has some experience with the therapeutic potential of marijuana products.

NOTE TO INVESTORS: The latest news and updates relating to Hero Technologies Inc. (OTC: HENC) are available in the company’s newsroom at https://cnw.fm/HENC

About CNW420

CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of two informative articles each business day. Our concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. Articles are released each business day at 4:20 a.m. and 4:20 p.m. Eastern – our tribute to the time synonymous with cannabis culture. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.

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420 with CNW — How to Calculate THC Levels in Marijuana Edibles

THC, or delta-9 tetrahydrocannabinol, is the chemical agent responsible for marijuana’s psychoactive effects. When ingested, the effects of THC tend to be stronger and last longer, meaning any dosage mistakes can leave users feeling uncomfortably high for hours. In fact, many a first-time user has ingested too much THC and vowed never to consume cannabis again due to the intense and often uncomfortable experience.

So how exactly would you calculate THC levels in marijuana edibles at home without access to scientists and fancy machines?

The first thing you should do is find out the cannabinoid content in the cannabis flower you plan to use. This will include THCA, the precursor to THC. In cannabis flower, THCA usually converts to THC once the flower is combusted in a process called decarboxylation, but in the case of edibles, you will have to heat your flower in butter or high-quality oil. The amount of THC that will convert to THC is referred to as the decarb rate and will determine the final dosage of edibles. The recommended dose for beginners is one to five milligrams of THC with one equaling 1,000 milligrams. Once you’ve settled on a dose, it’s time to estimate the decarb rate.

Let’s assume 90% of the THCA in your flower will decarb into THC. The next step will be to estimate the extraction efficiency, meaning the amount of THC that will be extracted from the flower and infused into the oil or butter. Most experts set the average extraction efficiency at 30% to 40% but we’ll assume a 60% extraction efficiency to stay on the safe side.

Once you know how much THC your flower contains and you have the decarb rate and extraction efficiency down, you’ll have to do a little math. Presuming you use 10g of cannabis flower with 20% THC, giving you a total of 2,000mg THC, your formula would be 2,000mg x 0.9, or the amount of THC x decarb rate.

This would give you a THC yield of 1,800 mg, which you would then multiply by the extraction efficiency of 60%; 1,800 x 0.6 would result in oil or butter infused with 1,080mg of THC, enough for 216 5mg portions. Regardless of the decarb rate and extraction efficiency estimates you use, you should multiply the amount of cannabis by the decarb rate and then multiply the answer by the extraction efficiency rate. Do the math several times. Furthermore, make sure you mix the oil or butter thoroughly to ensure THC is evenly distributed.

Cannabis manufacturers such as Hero Technologies Inc. (OTC: HENC) often have edibles of varying potency, so it is good to acquaint yourself with a method to calculate how much THC is in each serving, especially if you are using cannabis for medicinal purposes.

NOTE TO INVESTORS: The latest news and updates relating to Hero Technologies Inc. (OTC: HENC) are available in the company’s newsroom at https://cnw.fm/HENC

About CNW420

CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of two informative articles each business day. Our concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. Articles are released each business day at 4:20 a.m. and 4:20 p.m. Eastern – our tribute to the time synonymous with cannabis culture. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.

To receive instant SMS alerts, text CANNABIS to 21000 (U.S. Mobile Phones Only)

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420 with CNW — Study Finds That Army Recruits with History of Cannabis Use Perform Like Other Soldiers

A new analysis funded by the government has found that past marijuana use has little to no effect on overall performance of army recruits. The analysis found that recruits who had a history of cannabis use were just as likely as their peers to advance in rank. They were also more likely to leave the army due to drug issues but less likely to leave as a result of performance or health issues. The analysis also found no evidence that the legalization trend spreading across the United States had affected recruit outcomes.

The report, which was compiled by the RAND Corporation, states that recruits with a documented history of behavioral health conditions or cannabis as well as waivered recruits were in some cases likely to perform better in comparison to their counterparts.

The report focuses on waivers that permit the U.S. Army to reconsider applicants who had initially been disqualified for a variety of reasons, including the use of marijuana. Applicants with a documented history of marijuana use as well as those who test positive for cannabis need waivers to enlist into the army. This also applies to individuals diagnosed with depression, anxiety disorders or ADHD.

In a blog post, an official from RAND Corp. stated that without the presence of waivers, about one-third of individuals aged 18 or older would be prevented from enlisting because of failed cannabis drug tests. The official noted that recruits who were allowed to join the army despite their history of cannabis use performed like other soldiers.

The Arroyo Center, a federally funded research and development center under RAND Corp, was asked by the U.S. Army to conduct an analysis of the performance of recruits who had received waivers. The analysis gathered records on every recruit who entered the U.S. Army between 2001 and 2012, with the researchers noting that the analysis didn’t find a statistically substantial relationship between the performance of a recruit and a documented history of marijuana use.

Overall, the researchers found that the performance of recruits wouldn’t change significantly if waivers were increased, noting that in some cases, the impact would be improvements in performance. Currently, those wishing to join the army have the option of requesting positive tests for cannabis during their physical exams. Applicants can also request waivers for misdemeanor convictions for driving while impaired or under the influence of cannabis and for the possession of paraphernalia or marijuana.

The authors of the report acknowledge that while some of their findings reinforced existing views, most differed from their expectations.

It looks as if science is gradually dispelling many of the misconceptions that have surrounded marijuana, and a time may come when sector players such as Hero Technologies Inc.(OTC: HENC) will operate in an environment that views cannabis just like any other commodity.

NOTE TO INVESTORS: The latest news and updates relating to Hero Technologies Inc. (OTC: HENC) are available in the company’s newsroom at https://cnw.fm/HENC

About CNW420

CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of two informative articles each business day. Our concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. Articles are released each business day at 4:20 a.m. and 4:20 p.m. Eastern – our tribute to the time synonymous with cannabis culture. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.

To receive instant SMS alerts, text CANNABIS to 21000 (U.S. Mobile Phones Only)

For more information please visit https://www.CNW420.com

Please see full terms of use and disclaimers on the CannabisNewsWire website applicable to all content provided by CNW420, wherever published or re-published: http://CNW.fm/Disclaimer

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CBDNewsBreaks – Hero Technologies Inc.’s (HENC) Cultivation Systems Producing High Plant Density with Minimal Environmental Impact

Hero Technologies (OTC: HENC) is committed to a strategic grow plan that produces high-efficiency, low-carbon-footprint crops. A recent Colorado State University (“CSU”) report observed that 80% of the one million pounds of marijuana grown annually in Colorado is produced indoors. Indoor cultivation requires energy intense grow lights, fans to circulate air and strengthen stems, carbon dioxide gas to increase plant growth, and sophisticated equipment to maintain a comfortable temperature and humidity. Considering that this energy primarily comes from fossil fuels, this form of artificial plant production may not be so environmentally friendly. “Hero Technologies cultivation systems, on the other hand, use a proprietary aeroponic cultivation system and high-tech sun chambers designed to produce high plant density and yields but with minimal environmental impact,” reads a recent article. According to HENC CEO Gina Serkasevich, the company anticipates that its systems could reduce operating costs by one-third or more. “In addition, we expect our cannabis cultivation technologies to produce optimal plant density and crop cycles for the lowest possible cost-per-yield, which is the biggest contributor to sustainability, efficiency and positive environmental impact.”

To view the full article, visit https://cnw.fm/VHR0i

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 licenses, 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

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CBDWire (CBDW) is a specialized information provider focused on (1) reporting CBD-related news and updates, (2) releasing CBDNewsBreaks crafted to keep investors abreast of the latest and greatest in the CBD market, (3) refining and enhancing corporate press releases, (4) delivering end-to-end distribution and social media services to client-partners and (5) constructing effective corporate communication solutions based on the unique requirements of CBD companies. CBDW is exclusively positioned in the burgeoning CBD sector with a proven team of journalists and researchers working to deliver high quality content to an expansive target audience of investors, consumers and industry news outlets. Our dissemination network of over 5,000 downstream distribution points allows us to deliver unparalleled reach, visibility and recognition to companies operating in both cannabidiol and the wider cannabis space. CBDWire (CBDW) is where CBD news, content and information converge.

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420 with CNW — Senate Committee Asks State Department to Account for Funds Spent on Drug War

A recent report filed by top senators has asked the State Department to explain how the billions in funding that was injected into various counter-narcotics programs across Latin America were used, as these programs haven’t yielded results. The report also calls out the federal government over the failed war on drugs.

The report is part of the bill to finance the federal government that Chairman Patrick Leahy of the Senate Appropriations Committee introduced a couple of days ago.

The panel stated that the incidence of corruption and violence related to drug trafficking in Latin America has increased steadily since the 1980s when various counter-narcotics programs were introduced. The use and availability of illicit drugs in the United States is also high. The panel noted that despite these failures, the strategies used by different U.S. administrations since the inception of these programs remain unchanged.

The report directs the secretary of state to compile and present a report that assesses the reasons why prior efforts haven’t met the expectations as well as the cost-benefit analysis of previous counter-narcotics initiatives in Mexico, Central America, Colombia, Bolivia and Peru.

The committee is also seeking a description of the objectives and projected results of the present strategy, how the present strategy is different from past efforts and any necessary changes in the United States domestic counter-narcotics policies. This, it stated, would allow strategies that decrease the production and trafficking of illegal drugs and related corruption and violence in Latin America to succeed.

This draft Appropriations Committee report will be attached to the 2022 fiscal year spending bill for the Department of State, Foreign Operations and Related Programs. It remains unclear when the measures will be considered and officially approved by the panel.

If the measure is enacted, it would allow Washington D.C. to legalize recreational cannabis sales. It would also encourage the development of technologies that can identify THC-impaired driving and request the federal government to reconsider policies that require employees be fired for marijuana use. In addition, the measure criticizes the current restrictive system for classifying drugs, which hinders scientific research on marijuana.

Rep. Alexandria Ocasio-Cortez introduced a similar amendment in the House’s version of the spending legislation, which was recently passed. The measure calls for banning the use of funds for aerial fumigation on illicit crops in Colombia. Aerial fumigation has been widely criticized by human rights and reform advocates.

The step taken by the Senate committee could trigger a rethink of the country’s drug policies and maybe even kick-start a process through which cannabis may be rescheduled federally, ending one of the biggest hurdles that the industry and its sector players, such as Hero Technologies Inc. (OTC: HENC), have had to navigate.

NOTE TO INVESTORS: The latest news and updates relating to Hero Technologies Inc. (OTC: HENC) are available in the company’s newsroom at https://cnw.fm/HENC

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CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of two informative articles each business day. Our concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. Articles are released each business day at 4:20 a.m. and 4:20 p.m. Eastern – our tribute to the time synonymous with cannabis culture. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.

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