LAS VEGAS, NV, United States, via ETELIGIS INC., 11/04/2014 – – Players Network (OTCQB: PNTV), a Digital Television, Technology and New Media company that develops, owns, and operates Branded Lifestyle Channel Destinations announces today that The Department of Health and Human Services Nevada Division of Public Behavioral Health (“DPBH”) approved Green Leaf Farms Holdings (“GLFH”) for operation of its Medical Marijuana Cultivation and Production Facilities. Green Leaf Farms Holdings of which 80% is owned by Players Network (“Company” and/or “PNTV”) is the contract purchaser of 3.2 acres in North Las Vegas, Nevada, which has already received Conditional Use Permits for both the Cultivation Facility for Medical Marijuana as well as the Production Facility for Edible Medical Marijuana and Marijuana-Infused Products.
GLFH was granted two of its three applications and use permits. Mark Bradley CEO of Players Network states, “This is an extremely important approval for the Company executing on our vertical strategy to converge a high yielding cash producing brick and motor business with a complementary digital television channel. Where we will use our own media through WeedTv to help market the products and strains that will be produced and cultivated by Green Leaf Farms. This is the revenue engine that the Company has needed to grow and achieve our operational goals and an extremely exciting milestone achievement for all PNTV shareholders. As a brand marketing media company and first mover we feel that we will have a competitive advantage going forward. Based on the revenues generated in States like Colorado and our projections this will be a multi-million dollar business. We look forward to continued updates as we execute on plan and build long term shareholder value.” And Mr. Bradley adds, “PNTV is one of the few opportunities for investors to own public stock directly in a medical marijuana establishment as opposed to an industry supplier or secondary business.”
Media inquiries contact Lisa Mayo-DeRiso at: 702.576.2659
For Investor inquiries Contact Parker Mitchell 702-575-9157
About Players Network:
Players Network is a Television and Digital New Media Company that uses its proprietary Enterprise Web Platform to develop numerous Branded Digital Lifestyle Networks for itself and its partners in a wide range of lifestyle categories. Players Network’s current original channels, “Players Network”, “Vegas on Demand”, “Real Vegas TV”, focus on Las Vegas and Gaming Lifestyles and the newest Channel is “WeedTV”. They are distributed over PNTV’s owned and operated VOD Channels on TV in over 23,000,000 homes over Comcast, its Broadband Network and Mobile Platforms, on Hulu, Google, YouTube, Blinkx and Yahoo Video, on DVD, and through worldwide television syndication. For more information please visit www.playersnetwork.com
WeedTv is the go to source for informational, entertainment, products and services for people who relate to the marijuana lifestyle and social community. Weed TV provides a wide variety of editorial content, videos and entertainment including lead stories, political news, business news on the industry, financial analysis from industry experts, growing tips, cooking tips, a “Weed101” section, medical uses, lifestyle features, entertainment specials and merchandise shopping cart offering products and services.
Statement under the Private Securities Litigation Reform Act:
With the exception of the historical information contained in this Release, the matters described herein contain forward-looking statements that involve risk and uncertainties that may individually or mutually impact the matters herein described, including but not limited to: the ability of the Company to increase revenues in the future due to the developing and unpredictable markets for its products, the ability to achieve a positive cash flow, the ability to obtain orders for or install its products, the ability to obtain new customers and the ability to continue to commercialize its products, which could cause actual results or revenues to differ materially from those contemplated by these statements.
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SOURCE: Players Network