(TheNewswire)
Vancouver, British Columbia – TheNewswire - May 24, 2022 –Blackhawk Growth Corp. (the “Company”) (CSE:BLR ) ; ( Frankfurt:0JJ) is pleased to announce that its wholly ownedsubsidiary, TERP Wholesale, LLC (“TERP”) has expanded thefootprint of its current facility and has capitalized on multiplestrategic opportunities and significantly increased manufacturing, anddistribution.
TERP Wholesale is excited to launch its new deliveryservice and infusion center. The company has changed licenses from adistribution license to a micro license allowing them to hold threelicenses - Cultivation, Manufacturing and Retail Delivery.
Inital launch of TERP’s retail delivery service willbegin in Sacramento, California and its surrounding areas. TERP willbe able to deliver statewide and will expand to other cities in time. TERP also is launching a line of new products and strains from SacPharma Partners USA, another of the Blackhawk portfolio companies, along with its own brands like Sunshine delight . The delivery service will begin with two delivery vans and isexpected to add substantial revenue. Seventy five percent of theproducts sold will be from TERP’s in-house production.
Terp is also pleased to announce the start-up of theirinfusion center. This manufacturing process that allows the companyto infuse cannabis with any form of concentrate. Including but notlimited to joints, moon rocks (infused cannabis flower) andwraps.
“TERP is growing rapidly,” said Frederick Pels, CEOof Blackhawk Growth Corp. “The team there has done a fantastic jobgrowing the company and the results are beginning to show. I lookforward to updating shareholders as TERP continues to prosper.”
About TERP Wholesale LLC
TERP is a fully licensed distribution center in thestate of California. TERP packages and manufacturers some of thehighest quality exotic brands and high THC products in the state ofCalifornia. The team encompasses several distribution professionals,guided by a proven leadership with extensive experience in cannabisand quality-assured distribution. Current brands include, but are notlimited to SunshineDelight , Norcal's Finest, California Cannabis, and Scoopz.
In addition, TERP provides supply chain solutions tothe industry with the use of innovative technology, informationmanagement experts, security specialists, and sales/marketingprofessionals. Utilizing proven distribution methods, TERP’s modelis based on a perishable supply chain strategy that emphasizes theimportance of quality assurance and customer satisfaction.
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, LeichtMind Clinics, Noble Hemp, Spaced Food,Stable Foods, MindBio Therapeutics, Digital Mind Technology, BlumDistributors Ltd. as well as 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.
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