Blackhawk’s TERP Wholesale LLC Receives State-issued Microenterprise License Enabling Retail Delivery

(via TheNewswire)

Vancouver, British Columbia –The press wire –January 12, 2022 – Blackhawk Growth Corp. (the “Company”) (CSE: BLR) (CNSX: BLR.CN) (Frankfurt: 0JJ) is pleased to announce that its wholly owned subsidiary, TERP Wholesaler, LLC (“TERP”) has received its Microenterprise License issued by the State of California. In addition to allowing TERP to function as a storefront-less retail delivery dispensary, this licenseoffers strategic opportunities for expansion into other verticals such asmanufacturingand dissemination.The dispensary is located at Northern California and will be a key driver for the company. This extension will also allow the deployment of TERPproducts produced directlyin thehands of retail customers.

Off-storefront retail delivery offers the convenience that many consumers and patients enjoy with the benefit of quality cannabis products manufactured by TERP. Cannabis delivery companies play a critical role in the state of the California and have now been labeled as an essential business, creating a high demand for door-to-door delivery. Currently, 75% of cities in California do not authorize the sale or operation of cannabis businesses in their city. However, deliveries are able to capitalize on this opportunity and freely advertise and deliver to customers in these municipalities. Non-storefront retail sales will represent a significant portion of California projected $ 5 billion market this year.

“There are unlimited benefits with our dispensary without a showcase,” says Nate awbrey, Founder of TERP Wholesaler, LLC. “We are in a huge metropolitan market and being able to offer wholesale pricing to customers will provide incredible value to end users and allow our distribution footprint to expand, which will provide critical support to our private brands and to our suppliers. This is one of the more unique types of license and allows for true vertical integration by giving us the ability to buy product in bulk, manufacture a product and sell that product to a customer, without requiring transfers to. other businesses, and the taxes associated with those transactions. This will create larger profit margins for TERP, while providing consumers with lower prices, providing a key advantage in the market. This license also complements TERP’s operations value statement of being a brand house and platform for making products such as infused pre-rollers and craft products such as live rosin and injecting them directly onto the market at the wholesale and retail level. keep on going Mr. Awbrey.

On TERP Wholesaler LLC

TERP is a fully licensed distribution center in the state of California. TERP packs and manufactures some of the highest quality exotic brands and high THC products in the state of California. The team includes several distribution professionals, guided by proven leadership with extensive experience in cannabis and quality guaranteed distribution. Current brands include, but are not limited toSun delight,Norcal’s Finest, California Cannabis,andScoopz.

In addition, TERP provides supply chain solutions to the industry through the use of innovative technologies, information management experts, security specialists and sales / marketing professionals. Using proven distribution methods, TERP’s model isbased on a perishable supply chain strategy that emphasizes the importance of quality assurance and customer satisfaction.

On Blackhawk Growth

Blackhawk is an investment holding company that seeks to create substantial value for its shareholders through the acquisition and development of high growth companies. It has focused its investments in the health, cannabis and cannabidiol sectors in the two Canada and United States. Its business portfolio includes TERP Wholesale, Sac Pharma, LeichtMind Clinics, Noble hemp, Spaced food, NuWave Foods, MindBio Therapeutics, Digital Mind Technology as well as a stake in Gaia Grow Corp. (CSE: GAIA).

The company diligently posts updates via videos on the company’s official YouTube channelhttps://www.youtube.com/channel/UCs4f2tt3yAvOGhNLjgNOy-A

Please join the conversation about our Blackhawk Group Telegram Group athttps://t.me/Blackhawkgrowthcorpand visit us online athttps://www.blackhawkgrowth.com.

For more information, please contact:

Frédéric pels, Chief executive officer

(403) -991-7737

fred @blackhawkgrowth.com

Caution regarding forward-looking statement

All statements contained in this press release, other thanStatements of historical fact constitute “forward-looking information” about the Company within the meaning of applicable securities laws. The Company provides forward-looking statements for the purpose of conveying information about current expectations and plans for the future and readers are cautioned that such statements may not be appropriate for other purposes. By their nature, this information is subject to inherent risks and uncertainties which may be general or specific and which give rise to the possibility that expectations, forecasts, predictions, projections or conclusions will not prove to be accurate, that the assumptions may not not be correct and that the objectives, strategic goals and priorities will not be achieved. These risks and uncertainties include, without limitation, those identified and reported in the Company’s public documents under the Company’s SEDAR profile at www.sedar.com. Although the Company has attempted to identify material factors which could cause actual actions, events or results to differ materially from those described in the forward-looking information, there may be other factors which could cause actual actions, events or results to differ materially from those described in the forward-looking information, there may be other factors which could cause actual actions to differ. actions, events or results are not as expected, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, unless required by law.

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