Blackhawk Growth Corp. Completes Investment in Blum Distributors Ltd.
Vancouver, British Columbia -- April 28, 2022 -- NewsGenie -- Blackhawk Growth Corp. has finalized its investment in Blum Distributors Ltd., issuing 9,650,000 common shares to Blum's existing shareholders for all outstanding share capital.
Blum will operate with its current management, adding to Blackhawk's life science and healthcare investments. Additionally, 750,000 shares were paid to an independent party for transaction assistance.
Blum is a mycology supplier with its production facility, overseeing cultivation to sales for commercial and retail partners. They control product quality throughout the value chain, supporting growers with supplies and solutions.
Blackhawk Growth is an investment firm focused on acquiring and developing high-growth companies in health, cannabis, and cannabidiol industries in Canada and the U.S. Their portfolio includes Sac Pharma, Terp Wholesale, and others.
For more information, visit https://www.blackhawkgrowth.com.
Frederick Pels, CEO, can be contacted at (403)-991-7737 or fred@blackhawkgrowth.com.