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Hero Technologies Receives Independent Valuation and Purchase Price Allocation for Veteran Hemp Co Acquisition

Hero Technologies Receives Independent Valuation and Purchase Price Allocation for Veteran Hemp Co Acquisition
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Hero Technologies Inc : Hero Technologies Receives Independent Valuation and Purchase Price Allocation for Veteran Hemp Co Acquisition

(0) Fair value of November 2020 acquisition confirmed at $169,711 DOVER, DE / ACCESSWIRE / April 12, 2021 / Hero Technologies (OTC PINK:HENC) (Twitter: @heroicmindtech), a cannabis company focused on a vertically integrated strategy, today announced that it has received an independent third-party valuation and purchase price allocation for its acquisition of the assets of V Broker LLC dba Veteran Hemp Co. Founded by U.S. military veterans, Veteran Hemp Co. is a Colorado-based online retailer and wholesaler of hemp and cannabinoid products. Hero Technologies acquired Veteran Hemp Co. in November 2020. The acquired assets are valued at $169,711. The acquisition improved Hero Technologies balance sheet with $140,805 in total tangible assets, $71,526 in net tangible assets, and $98,195 in intangible assets, including trade names, customer base, and Goodwill.

Hero Technologies Receives Independent Valuation and Purchase Price Allocation for Veteran Hemp Co Acquisition

Hero Technologies Receives Independent Valuation and Purchase Price Allocation for Veteran Hemp Co Acquisition
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Hero Technologies Receives Independent Valuation and Purchase Price Allocation for Veteran Hemp Co Acquisition

Hero Technologies Receives Independent Valuation and Purchase Price Allocation for Veteran Hemp Co Acquisition
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Hero Technologies Receives Independent Valuation and Purchase Price Allocation for Veteran Hemp Co Acquisition

Hero Technologies Receives Independent Valuation and Purchase Price Allocation for Veteran Hemp Co Acquisition
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