(TheNewswire)
Vancouver, British Columbia – TheNewswire - March 23,2023 – Blackhawk Growth Corp. (the “Company”) (CSE:BLR);(CNSX:BLR.CN); (Frankfurt:0JJ) is pleased to announce that its whollyowned subsidiary, TERP Wholesale (“TERP”) sold and deliveredCAD$72,458 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. For the period of March 12 th to March19 th 2023, TERP delivered and sold CAD$72,458 in wholesale dried floweralone. TERP is continuing to take advantage of opportunities andresults are showing as the company pushes to consume as much of theCalifornia cannabis marketplace as possible over the comingquarters.
TERP has the capacity to produce a wide range of goodsin California, including concentrates, edibles, pre-rolled cannabis,dried flower, and vape carts. With the help of its micro-license, TERPis able to sell these goods both via wholesale and directly tocustomers. Deployment of its direct-to-consumer sales will start withthe current emphasis on wholesale as the business continues toperform. TERP's desire to take more market-share is becoming evenstronger than ever before.
“TERP continues to deliver,” said Frederick Pels,CEO of Blackhawk. "The team is focused on continued growth in allaspects of the business. I look forward to updating shareholders assales 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 wellas an equity position 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 pressrelease, other than statements of historical fact, are“forward-looking information” with respect to the Corporationwithin the meaning of applicable securities laws. The Corporationprovides forward-looking statements for the purpose of conveyinginformation about current expectations and plans relating to thefuture and readers are cautioned that such statements may not beappropriate for other purposes. By its nature, this information issubject to inherent risks and uncertainties that may be general orspecific and which give rise to the possibility that expectations,forecasts, predictions, projections or conclusions will not prove tobe accurate, that assumptions may not be correct and that objectives,strategic goals and priorities will not be achieved. These risks anduncertainties include but are not limited those identified andreported 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 suchinformation will prove to be accurate as actual results and futureevents could differ materially from those anticipated in suchstatements. The Company 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) 2023 TheNewswire - All rights reserved.