Hero Technologies (OTCQB: HENC), a cannabis company focused on a “seed-to-sale” vertical integration strategy, today announced that the OTC Markets Group has upgraded the company’s common stock to the OTCQB marketplace. As the mid-tier OTC equity market in the U.S., OTCQB is less speculative than Pink Sheets for early-stage developing companies. To qualify for an OTCQB listing, companies must adhere to strict reporting standards, undergo yearly verifications and certifications, and meet a $0.01 bid test. In addition, OTCQB-listed companies must have a public float representing more than 10% of the total shares outstanding, with at least 50 beneficial shareholders, and with each shareholder owning at least 100 shares. “Having our common stock upgraded to the OTCQB marketplace is an important step in the growth and maturity of our company,” said Hero Technologies CEO Gina Serkasevich. “We are committed to serving our shareholders and investors with transparent communication and timely, accurate disclosure of material information. By adopting the higher regulatory standards of the OTCQB market, we believe that Hero Technologies will become a more attractive investment option to many more investors, enhancing our company’s visibility and liquidity.”
To view the full press release, visit https://ibn.fm/xmtMb
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://ibn.fm/HENC
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