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Vancouver, British Columbia – TheNewswire - February 17, 2021 – Blackhawk Growth Corp. (CSE:BLR); (CNSX:BLR.CN); (Frankfurt:0JJ); (OTC:BLRZF) (the “Corporation” or “Blackhawk”), is pleased to announce that the Company’s wholly owned subsidiary, Spaced Food, has been listed on Health Canada's Cannabis Tracking and Licensing System (CTLS) as of February 10th 2021, allowing for the sale and distribution of its SPACED FOOD cannabis infused products through its extraction and distribution partners. The listing includes three types of Spaced Food’s cannabis infused products that have been accepted in Ontario, Canada’s largest provincial regulator and distributor.

“Astronaut Sorbet” a shelf stable “Ice Cream” that requires no refrigeration, fully shelf stable, vegan, gluten-free, dairy-free, 100% real fruit, and contains zero preservatives.  Each servingcontains 10Mg of THC

“Cosmic Cheesecake” a fully shelf stable cannabis infused cheesecake enrobed with chocolate. Each serving contains 10Mg of THC

”S’More Blasteroids” bite sized marshmallows enrobed in chocolate rolled in graham cracker crumbs that are “micro-dosed” at 0.5Mg of THC each (20 pieces per bag for a total of 10Mg)  

The above products and SKUs have been accepted and will be listed with the OCS, Ontario’s cannabis regulator and distributor. First shipments are scheduled for the end of March 2021. All products are concurrently in various stages of submission in other provinces through the Corporation’s distribution partner. Completion of the submissions remains subject to the negotiation and finalization of definitive documentation with the distribution partner.

Spaced Food expects to begin commercial production this month. Initial production capacity will be 100,000 packages per month, with potential to expand to up to 500,000 packages per month as demand increases.

Blackhawk hopes to expand this approved offering to other provinces as well as other regulated jurisdictions outside of Canada.  Any expansion outside of Ontario remains subject to receipt of applicable regulatory approvals.

“We cannot be more excited to finally have Spaced Food and our Cannabis 2.0 products produced and available for eager consumers. We will continue to expand the product line as demand grows, and with it another significant revenue driver from one of our portfolio companies” said Frederick Pels, CEO of Blackhawk. “Being vegan, gluten-free and dairy-free will help Blackhawk reach that segment of the cannabis edibles market that has been very much ignored until this time as well. I look forward to updating the market on Spaced Food and all our cannabis focused initiatives.”

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About Spaced Food

Spaced Food produces and will sell shelf-stable, cannabis infused edibles that require no refrigeration. After three years of research and development, Spaced Food has come up with a product with excellent bioavailability and accurate dosing. Made using the same technology used with food for astronauts in space, Spaced Food’s technology locks in 90% of the nutritional value as well as 100% of the important ingredients.

About Blackhawk Growth

Blackhawk Growth is an investment issuer looking to create substantial value for our shareholders through the acquisition and development of high growth opportunities. The company has focused its investments in the health, cannabis and CBD industries in both Canada and the United States. Its portfolio of companies include Sac Pharma, LeichtMind Clinics, Noble Hemp, Spaced Food and NuWave Foods.

The company diligently posts updates through videos from the official company YouTube channel https://www.youtube.com/channel/UCs4f2tt3yAvOGhNLjgNOy-A

Please join the conversation on our Blackhawk group supporter’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 Executive Officer

(403)-991-7737

fred@blackhawkgrowth.com

Cautionary Note Regarding Forward-Looking Statement

All statements in this press release, other than statements of historical fact, are “forward-looking information” with respect to the Company within the meaning of applicable securities laws, including with respect to production and sale of the Spaced Foods products and approval of the products. The Company provides forward-looking statements for the purpose of conveying information about current expectations and plans relating to the future and readers are cautioned that such statements may not be appropriate for other purposes. By its nature, this information is subject to inherent risks and uncertainties that 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 assumptions may not be correct and that objectives, strategic goals and priorities will not be achieved. These risks and uncertainties include but are not limited those identified and reported in the Company’s public filings under the Company’s SEDAR profile at www.sedar.com. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, 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.