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CannabisNewsBreaks – Player’s Network, Inc. (PNTV) Issues Update on WeedTV.com, Plans to Launch Beta

Company: Player's Network, Inc. (PNTV)
Category: Stock Spotlights

In a recent letter to shareholders, Player’s Network (OTCQB: PNTV) issued an update on its WeedTV.com platform. The platform has been internally tested and the company said it expects it to have a beta launch in the near future. WeedTV.com will enable any business in the medicinal marijuana industry to create a personalized media network online. In the letter, the company explains that revenue will be generated through licensing of the software that creates and controls each of these personalized media networks. To date, the company has received an estimated $450,000 in product sponsorships from companies who have signed with Green Leaf Farms, a subsidiary the company has an 86% stake in, and WeedTV.com. The company also provided an update on Green Leaf Farms in the letter, including the encouraging progress of its current construction project by receiving a Certificate of Occupancy for a portion of its 27,000-square-foot facility.

To view the press release, visit http://nnw.fm/cbX7o

About Player’s Network, Inc.

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 the company’s corporate website at www.PlayersNetwork.com.

About NetworkNewsBreak

NetworkNewsBreak (NNB) provides a rapid summary of corporate news that caught the attention of CannabisNewsWire (CNW). NNB keeps you up-to-date on active US Public Companies complementary to CNW’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, CNW 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. CNW 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, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

Please see full disclaimers on the CannabisNewsWire website applicable to all content provided by CNW, wherever published or re-published: http://CNW.fm/Disclaimer

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