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Saturday, December 3, 2022

The Fascinating Story of Players Network (OTCMKTS: PNTV)

Players Network (OTCMKTS: PNTV) is making an explosive move up the chart in recent days on fast growing volume. The stock has runner in its blood and made a spectacular run last year from subs to highs over $0.20 per share.

PNTV is quickly turning into a serious revenue powerhouse and the stock has attracted many top traders in the small cap community who see the current move as just the beginning.

Players Network (OTCMKTS: PNTV) is a rapidly growing company in the marijuana industry that trades on the OTC Market – stock symbol PNTV – is the owner of Green Leaf Farms Holdings, with licensed grow operations in Nevada and California. Over the last 12 months, the Company has gone from a development stage company to a fully operational cannabis business with sales, owner of its media network WeedTV.com, the Cannabis Network.

Green Leaf Farms, a Division of PNTV owns marijuana cultivation facilities in Las Vegas, Nevada and Monterrey, California. The Company operates a state-of-the-art 27,000 sq ft facility in North Las Vegas, NV as well as a 56,000 sq ft fully operating greenhouse complex in Salinas Valley near Monterey, CA. The flower and marijuana products produced are sold at wholesale prices to dispensaries throughout Nevada and California.

Player’s Network recently announced they have achieved new record sales of approximately $2.52 million since the recent acquisition of Green Leaf Farms Salinas Valley. Most of the sales are coming from the Company’s recent $5,000,000 acquisition of a 56,000 sq. ft. marijuana cultivation facility in Salinas Valley, California.

Last week Player’s Network and MJ Venture Partners, Inc. formed a strategic partnership to develop and market non-psychoactive Cannabidiol (CBD) based products and their consumer facing ecommerce website GreenLeafPURE.com. MJVP initially launched PNTV’s CBD brand and product line, Green Leaf PURE, as well as developed their ecommerce website, GreenLeafPURE.com. MJVP has also established an online affiliate program to drive sales from internet-based influencers and affiliates. Currently, the market for CBD is on track to generate more than $600 Million in 2018. Forbes reported that CBD sales will reach over $1 Billion by 2020 and is expected to exceed $22 Billion by 2022.

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On November 12 Player’s Network and the Argentine province of Jujuy jointly announce the signing of a binding Memorandum of Understanding. Under its terms the joint venture has begun developing the Argentinean cannabis market. The current laws in Argentina only allow for domestic distribution of CBD oils to hospitals for clinical studies of refractory epilepsy. The joint venture between a newly formed company, Green Leaf Farms Jujuy and Cannabis Avatãra, owned by the province of Jujuy intends to supply the country with all the needed oils to conduct its clinical trials. This joint venture has obtained the permits to cultivate, extract, manufacture and export cannabis based products to other countries where such products are legal. Products to be produced under the agreement include: industrial hemp, medical and adult use marijuana for export to the US, Canada and emerging international markets.

Mark Bradley PNTV CEO states; “This project has been one of the greatest professional undertakings of my career. I worked extensively over the last several months with an outstanding team of advisors and leaders of the Argentinian government. I am thrilled to see a collective vision become a reality with the accomplishment of this agreement. My goal is to heal the world through cannabis oils and promote prosperity through the creation of economic opportunities for both the people of Argentina, the shareholders of Players Network, and our international partners. I praise Governor Morales for his vision and courage to be the first province of Argentina to recognize the benefits of medical cannabis and look forward to working with his amazing team of visionaries including Gaston Morales and Lucas Macedo who have made this journey possible.”

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Currently trading at a $50 million market valuation Player’s Network is a really exciting, rapidly growing company in the adult use and medical marijuana industry with a state-of-the-art 27,000 sq ft facility in North Las Vegas, NV as well as a 56,000 sq ft fully operating greenhouse complex in Salinas Valley near Monterey, CA. The Company just reported record revenues of $2.52 million and the stock has quickly attracted a large and fast growing shareholder base who sees the current run as just the very beginning. We will be updating on PNTV when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with PNTV.

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Disclosure: we hold no position in PNTV either long or short and we have not been compensated for this article.

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