- Blackhawk Growth’s (BLR) wholly-owned TERP Wholesale will be manufacturing a product line for California’s Mystic Roots Band
- The company received an initial purchase of C$80,000 and expects ongoing orders to reach $275,000 over the next fiscal quarter
- Blackhawk is an investment holding company focusing on the acquisition and development of high-growth companies
- Blackhawk Growth Corp. (BLR) opened trading at C$0.115 per share
Blackhawk Growth’s (BLR) wholly-owned TERP Wholesale will be manufacturing a product line for California’s Mystic Roots Band.
The company received an initial purchase of C$80,000 and expects ongoing orders to reach $275,000 over the next fiscal quarter.
TERP packages and manufactures some of the highest-quality exotic brands and high-THC products in the state of California. It will be developing and manufacturing Mystic Roots’ brand “Chico’s Best”.
The expected product line will consist of top-shelf indoor dried cannabis flower in a myriad of packaged weights, disposable vape cartridges, and pre-rolls. The products will be sold to consumers through Mystic Roots’ already-established dispensary network.
Mystic Roots Band is a Chico, California-born, 5-piece pop-reggae fusion band. It has over 4.5 million views on YouTube for the underground hit “Pass.” It finds TERP to have the expertise and facilities needed to effectively launch a cannabis brand in California.
Frederick Pels, CEO of Blackhawk, commented on the announcement.
“Brand launches are a key part to TERP’s expansion. Quality products, vast selection and speed to market are some of the key advantages TERP can offer to its customers. I look forward to updating shareholders as TERP continues to expand its market share in the California marketplace.”
About Blackhawk Growth
Blackhawk is an investment holding company focusing on the acquisition and development of high-growth companies. It has investments in the health, cannabis and cannabidiol industries in both Canada and the United States.
Blackhawk Growth Corp. (BLR) opened trading at C$0.115 per share.