(TheNewswire)
Vancouver, British Columbia – TheNewswire - March 14,2023 – Blackhawk Growth Corp. (the “Company”) (CSE:BLR);(CNSX:BLR.CN); (OTC:BLRZF); (Frankfurt:0JJ) is pleased to announce itswholly owned TERP Wholesale (“TERP”) sold and delivered$103,885CDN in dried bulk flower.
TERP is a fully licenced distribution centre in thestate of California. TERP, which packages and manufactures some of thehighest-quality exotic brands and high-THC products in the state ofCalifornia, TERP’s recently added wholesale manager has been aneffective addition to the team. For the period of March 1–March 8,2023, TERP delivered and sold $103,885 in wholesale dried floweralone. TERP is making a push to consume as much of the Californiacannabis marketplace as possible over the coming quarters.
TERP has the ability to manufacture a myriad ofproducts in California. Dried flower, concentrates, edibles,pre-rolled cannabis, and vape carts. With TERP’s micro license, itis able to provide these products to both wholesale and directly toconsumers. With the current focus on wholesale as the businesscontinues to perform, deployment of its direct-to-consumer sales willbegin. Further increasing TERP’s intent to capture a larger share ofthe marketplace.
“TERP is demonstrating its path to take a large chunkof California cannabis,” Said Frederick Pels, CEO of Blackhawk."I anticipate continued strong development with the team'simprovements and targeted market sales. This focussed approach willcapture growth for every revenue stream TERP has at its disposal. Ilook forward to updating shareholders as sales progress."
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 well as an equityposition in Gaia Grow Corp. (CSE:GAIA) .
For further information please contact:
Frederick Pels, Chief Executive Officer
(403)-991-7737
fred@blackhawkgrowth.com
Cautionary Note Regarding Forward-LookingStatement
All statements in this press release, other thanstatements 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 rightsreserved.
Cautionary NoteRegarding Forward-Looking Statement
All statements in this pressrelease, other than statements of historical fact, are “forward-looking information”with respect to the Company within the meaning of applicablesecurities laws. The Company provides forward-looking statements forthe purpose of conveying information about current expectations andplans 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 Company’s public filings under the Company’sSEDAR profile at www.sedar.com. Although the Company has attempted toidentify important factors that could cause actual actions, events orresults to differ materially from those described in forward-lookinginformation, there may be other factors that cause actions, events orresults not to be as anticipated, estimated or intended. There can beno assurance that such information will prove to be accurate as actualresults and future events could differ materially from thoseanticipated in such statements. The Company disclaims any intention orobligation to update or revise any forward-looking information,whether as a result of new information, future events or otherwiseunless required by law.
Copyright (c) 2023 TheNewswire - All rights reserved.