Vancouver, British Columbia -TheNewswire -April 28, 2022 - Blackhawk Growth Corp. (CNSX:BLR.CN) (OTC:BLRZF)(Frankfurt:0JJ) (the "Company" or "Blackhawk") has completed its previously announced investment in Blum Distributors Ltd. ("Blum").  In consideration for the acquisition of all of the outstanding share capital of Blum, Blackhawk has issued 9,650,000 common shares to the existing shareholders of Blum.

The Company is at arm's-length from Blum and its shareholders. The transaction neither constitutes a fundamental change nor a change of business for the Company, nor has it resulted in a change of control of the company within the meaning of applicable securities...