Blackhawk Growth Corp.
BLACKHAWK GROWTH’S SAC PHARMA ANNOUNCES RECORD AUGUST REVENUE OF CDN$460,000 AND INCLUDES OPERATIONAL UPDATE
DGAP-News: Blackhawk Growth Corp.
/ Key word(s): Expansion/Monthly Figures
Vancouver, British Columbia – September 09, 2021 – Blackhawk Growth Corp. (CSE:BLR; Frankfurt:0JJ;) (the “Company“), is excited to announce the record unaudited revenue in the month of August for Sac Pharma Partners USA (“SAC Pharma“), its wholly owned subsidiary, of CDN$460,000. Sac Pharma continues to show strong revenue growth. Revenue for the 8 months ended August 31, 2021 is a company record of CDN$1,842,000. Sac Pharma has also continued to show strong gross margins of greater than 80% and positive cash flow for the year to date. These results are due to increasing facility yields, and the strong demand for Sac Pharma’s premium products. Sac Pharma is also very excited to announce that the next of its proprietary strains, “Morada” has completed the R&D testing approvals and has shown very high producing yield. The robust profile, color and potency has enabled Sac Pharma to be able to have pre-sold the entire production run of the new Morado premium product. “Blackhawk is thrilled with the operating results and the continued development of very desirable proprietary strains”, states Frederick Pels, CEO of Blackhawk. “We are very happy to have such a strong brand in our portfolio of companies.” Sac Pharma is operating at near capacity and expansion planning has begun. Sac Pharma’s signature products include the coveted Black Truffle, White Truffle strains, along with Bacio and Gelato. The Company cautions that figures for revenue and margin generated by Sac Pharma have not been audited and are based on calculations prepared by management. Actual results may differ from those reported in this release once these figures have been audited.
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. Frederick Pels, Chief Executive Officer (403)-991-7737 Cautionary Note Regarding Forward-Looking Statement
09.09.2021 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. |
Language: | English |
Company: | Blackhawk Growth Corp. |
Canada | |
ISIN: | CA09238B3083 |
WKN: | A2QJN3 |
EQS News ID: | 1232363 |
End of News | DGAP News Service |