(TheNewswire)
Vancouver, British Columbia – TheNewswire - August 29, 2022 –Blackhawk Growth Corp. (the “Company”) (CSE:BLR ) ; (CNSX:BLR.CN); (OTC:BLRZF);( Frankfurt:0JJ) is pleased to announce that itswholly owned cannabis edible Spaced Food’s manufacturing partner,TRU Extracts (“TRU”), has completed product development for SpacedFood and is ready for commercial production.
TRU will now begin the process of commercialproduction. Sales will commence once packaging is received. Typicallead time for packaging is between 6 to 8 weeks. Marketing and salesmaterials will be prepared in tandem with commercial production. Theinitial commercial run will be 4 packs of Strawberry Sorbet containing10mg of THC per package. In addition to the Strawberry Sorbet, TRU hasdeveloped and submitted product notifications for an additional 3 newflavours of Spaced Food, Blueberry, Cherry and Mango and intends tooffer a 4-pack option with all 4 flavours expected to roll out in2023.
The Company has signed an agreement with TRU, asubsidiary of Gaia Grow Corp (CSE:GAIA), in which Spaced Food willprovide the equipment and Intellectual Property and TRU will staff anddevelop Spaced Foods’ products, as well as be responsible formarketing and sales of the completed products. As compensation for itsefforts, TRU will receive 50% of the proceeds from the sale of SpacedFoods’ products.
“I am thrilled with the progress TRU has made withSpaced Food” said Frederick Pels, CEO of the Company. “Theproducts are wonderful, and I have been eager to see them get tomarket. TRU’s ability to get to the stage of commercialization is asignificant milestone and I look forward to updating shareholders overthe coming weeks.”
About Spaced Food
Spaced Food is launching edibles into orbit using hightech, space-age science! We’ve taken our love of cannabis andcombined it with a unique product that solves every problem withcurrent cannabis edibles. Spaced Food is shelf-stable, requires norefrigeration and tastes amazing!
After 3 years of research and development, Spaced Foodhas come up with a product with excellent bioavailability that meltsin your mouth, with accurate dosing. Made using the same technologyused on food before sending it to space for astronauts, themanufacturing process locks in 98% of the nutritional value as well as100% of the medicinal ingredients. Whether you’re 18 or 81, SpacedFood will quickly become a favourite cannabis edible!
About TruExtracts
TruExtracts Laboratories was created for high-capacityextraction and production to meet global demand. TRU is one of WesternCanada’s largest cannabis and hemp processors, with a 12,500 squarefoot state of the art facility in Calgary. The facility is HealthCanada licensed and fully operational, with an expansion capability ofan additional 16,000 additional square feet. Services include tollprocessing, THC, CBD extractions and isolates, as well as white labelservice and cannabis THC and CBD products.
For more Information, please visit their website athttps://truextractslabs.com
About Blackhawk Growth
Blackhawk is an investment holding company looking tocreate substantial value for its shareholders through the acquisitionand development of high growth companies. It has focused itsinvestments in the health, cannabis and cannabidiol industries in bothCanada and the United States. Its portfolio of companies includes TERPWholesale, Sac Pharma, Spaced Food, Stable Foods, MindBioTherapeutics, Digital Mind Technology, Blum Distributors Ltd. as wellas an equity position in Gaia Grow Corp. (CSE:GAIA) .
The Company diligently posts updates through videosfrom the official company YouTube channel https://www.youtube.com/channel/UCs4f2tt3yAvOGhNLjgNOy-A
Please join the conversation on our Blackhawk groupsupporter’s telegram group at https://t.me/Blackhawkgrowthcorp and visit us online at https://www.blackhawkgrowth.com .
For further information please contact:
Frederick Pels, Chief ExecutiveOfficer
(403)-991-7737
fred@ blackhawkgrowth.com
Cautionary NoteRegarding Forward-Looking Statement
All statements in this pressrelease, other than statements of historical fact, are “forward-looking information”with respect to the Corporation within the meaning of applicablesecurities laws. The Corporation provides forward-looking statementsfor the purpose of conveying information about current expectationsand plans relating to the future and readers are cautioned that suchstatements may not be appropriate for other purposes. By its nature,this information is subject to inherent risks and uncertainties thatmay be general or specific and which give rise to the possibility thatexpectations, forecasts, predictions, projections or conclusions willnot prove to be accurate, that assumptions may not be correct and thatobjectives, strategic goals and priorities will not be achieved. Theserisks and uncertainties include but are not limited those identifiedand reported in the Corporation ’s public filings under theCorporation’s SEDAR profile at www.sedar.com. Although theCorporation has attempted to identify important factors that couldcause actual actions, events or results to differ materially fromthose described in forward-looking information, there may be otherfactors that cause actions, events or results not to be asanticipated, estimated or intended. There can be no assurance thatsuch information will prove to be accurate as actual results andfuture events could differ materially from those anticipated in suchstatements. The Corporation disclaims any intention or obligation toupdate or revise any forward-looking information, whether as a resultof new information, future events or otherwise unless required bylaw.
Copyright (c) 2022 TheNewswire - All rights reserved.