InvestorWire NewsRoom


Hero Technologies Inc. (HENC) Acquisition Includes Proprietary Technology, Positions Company in Aeroponics Space
June 15, 2021

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

  • 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 ( 

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 ( 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 surrounding air. Artsikhovski designed the first aeroponics and showed its ability for plant cultivation. Since then, the method has been primarily used by scientists who wanted to be able to closely examine roots without the hindrance of dirt. 

However, by early in this century, aeroponics was being used in agriculture around the world as plants were suspended in a closed or semi-closed environment, with their roots sprayed with an atomized, nutrient-rich water solution. Benefits of the approach are numerous, including taking up less space than outdoor grow facilities, allowing growers to reduce the density of pesticides in their operations and providing a high degree of control ( In addition, aeroponic systems are highly efficient, offering higher survival rates and a faster grow cycle than soil-based grow facilities. 

HENC’s exclusive aeroponics technology, called BlackBox XL Systems and Grow module, provides optimal conditions to enhance photosynthesis and cultivation of large flowering plants, creating increased efficiencies. The BlackBox system features environmental growth chambers for the cultivation of large flowering plants. 

The company sees the aeroponics space combined with its proprietary technology as a significant opportunity with impressive potential. The company noted that it expects the operation to “produce approximately 6,240 lbs. of cannabis annually, which would generate approximately $21.84 million in revenue if sold at the wholesale price of $3,500 per lb or $43,680,000 if the cannabis produced is sold at retail for $7,000 per lb,” the press release noting the Blackbox acquisition stated. “We expect the BlackBox operation will yield up to 1,560 plants in a 25,000-square-foot facility.”

Hero Technologies Inc. is a cannabis company working toward a vertically integrated business model. The company’s 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 multistate operator.

For more information, visit the company’s website at

NOTE TO INVESTORS: The latest news and updates relating to HENC are available in the company’s newsroom at

About InvestorWire

InvestorWire is the wire service that gives you more. From regional releases to global announcements presented in multiple languages, we offer the wire-grade dissemination products you’ll need to ensure that your next press release grabs the attention of your target audience and doesn’t let go. While our competitors look to nickel and dime you with hidden fees and restrictive word limits, InvestorWire keeps things transparent. We offer UNLIMITED Words on all domestic releases. While other wire services may provide a basic review of your release, InvestorWire helps you put your best foot forward with complimentary Press Release Enhancement.

With our competitors, the work is done the second your release crosses the wire. Not with InvestorWire. We include follow-up coverage of every release by leveraging the ever-expanding audiences of the 50+ brands that make up the InvestorBrandNetwork.

Get more out of your next press release with InvestorWire. It’s unlike anything you’ve seen before.

For more information, please visit

Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published:

InvestorWire (IW)
8033 Sunset Blvd Suite 1037-IW
Los Angeles, CA 90046
310.299.1717 Office
[email protected]

InvestorWire is part of the InvestorBrandNetwork.

Get Started with InvestorWire

To distribute a release in the next 24 hours. Contact our client services team.

(310) 299-1717

Distribute a press release. Submit your release to get started.

Submit Press Release

Set up a Live demonstration. Schedule a date and time that works for you.

Schedule a LIVE Demo

Press Distribution

Explore Press Distribution Solutions

All releases include an unlimited word count* with full wire-grade syndication, our press release enhancement service, and a follow-up InvestorNewsBreak article distributed to thousands of editorial syndication partners.

Discover Add-on Solutions

Increase the impact of your achievements by adding these exclusive solutions from InvestorWire, delivered in conjunction with the InvestorBrandNetwork (IBN).