Diversified holding company Player’s Network, Inc. (OTCQB: PNTV) today released a shareholder letter from CEO Mark Bradley discussing several of the company’s recent achievements, as well as its corporate outlook for the remainder of 2017. Among PNTV’s first quarter highlights, the company completed an uplisting to the OTCQB® Venture Market and paid down the majority of its outstanding debt. Through its Green Leaf Farms Holdings (“GLFH”) subsidiary, of which PNTV owns an 86 percent stake, the company also received a Certificate of Occupancy from the City of North Las Vegas for the first phase of a planned 27,000-square-foot facility that will allow GLFH to commence operations and begin generating revenue through the sales of Rosin and cold water hash, pending final state approval. This milestone is particularly noteworthy following Nevada’s November 2016 decision to legalize recreational sales of marijuana. Other topics covered in the letter include PNTV’s ongoing efforts to strengthen its balance sheet, an update on the company’s lawsuit against Comcast Communication and the impending launch of the WeedTV.com platform.
To view the full press release, visit http://nnw.fm/c4qlM
About Player’s Network (PNTV)
Player’s Network, Inc. is a diversified holding company operating in media and marijuana. PNTV owns approximately 86% of Green Leaf Farms Holdings, LLC (Green Leaf Farms), which has Nevada state issued cultivation and production license(s). The cultivation license enables Green Leaf Farms to grow marijuana and the production license enables them to create extracts which are used for cartridges, oils and edibles. WeedTV.com is a wholly owned subsidiary which is developing the ultimate resource for the marijuana lifestyle. For more information please visit our corporate website at www.PlayersNetwork.com.
NetworkNewsBreak (NNB) provides a rapid summary of corporate news that caught the attention of NetworkNewsWire (NNW). NNB keeps you up-to-date on active US Public Companies complementary to NNW’s broader scope as a provider of news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer