Hero Technologies Closes on Michigan Property for Cannabis Operations

Dec 06, 2022

Company purchases 10-acre parcel in Vassar Township, Michigan, for growing, processing, and selling cannabis in the state.
Favorable terms include $75,000 down payment (12.5% of $600,000 purchase price) and 4.75% annual interest rate.
Property zoning supports company's licenses to produce and market marijuana for both medicinal and adult recreational use.
Location is ideal for distribution throughout Michigan, a $2.3 billion cannabis market in 2022.

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