Hero Technologies (OTCQB: HENC), a cannabis company focused on a "seed-to-sale" vertical integration strategy, has entered into negotiations to acquire property in north-central Michigan. The company plans to establish operations in the state to grow, process, and sell cannabis through both wholesale and retail channels. The company's subsidiary in Michigan, BlackBox Systems and Technologies LLC, has already received licensing pre-approval from the state to market marijuana for both medicinal and recreational use.

The company's negotiations to purchase property in Michigan are centered on a 10-acre parcel approximately 90 miles north of Detroit. An adjacent parcel is already used …

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