Players Network (OTCMKTS:PNTV) Takes Multiple Approaches To Capitalize On Cannabis

The cannabis revolution that is currently taking place in America is expected to bring forth an abundance of opportunity, both in the direct production and sale of cannabis products, and in the indirect support of the same. Players Network (OTCMKTS:PNTV) is positioning itself to join the revolution both directly and indirectly.Player’s Network Inc is a fully reporting publicly traded diversified holding company that operates in two main areas; Media + Medical Marijuana. PNTV was initially established to develop a lifestyle channel around the gaming industry. As the company grew, PNTV developed a multi-channel platform and significantly increased distribution. During the transition to becoming a media, technology and entertainment company, PNTV produced and distributed programming on multiple cable and satellite “Video On Demand” (VOD) platforms.PNTV owns 80% of Green Leaf Farms Holdings, LLC (Green Leaf) and 100% of WeedTV.com. Green Leaf is a cannabis cultivation and production company which was granted a Medical Marijuana Establishments (MME) license in the City of North Las Vegas to build on 3.2 acres (up to 70,000 square feet) cultivation and production facility. WeedTV.com is an online resource for the marijuana lifestyle.Effective February 16, 2017 Player’s Network, Inc. announced that PNTV had successfully met the requirements to up list to OTC Markets Group, Inc.’s OTCQB market. This market is designed for entrepreneurial and development-stage U.S. and international companies. Player’s Network’s common shares are now trading on the OTCQB Venture Market. As the company reported:

“We are proud to announce this corporate milestone as we execute our plan to add tenure to our 23-year track record as a fully reporting company,” says PNTV CEO Mark Bradley. “Though we previously traded on OTC Market’s Pink Sheets Market Segment, we continued file with the SEC. When OTC Markets restructured a few years ago, we decided to wait until the most beneficial time to uplist and thereby open our market to a greater investor base. That time is now, and we look forward to the opportunities this provides us as a company, as well as our shareholders.”

On January 30, 2017, Player’s Network, Inc. announced CEO Mark Bradley made a direct investment of $350,000 into the company above the market price. Mr. Bradley bought 14,000,000 shares of the Company's common stock at $0.025 per share.

"Most CEOs purchase shares at a discount to the market; I feel the company is severely undervalued at our current prices, and I am confident the company will continue to do well which is why my investment was priced above current stock price," stated CEO Mark Bradley.

Player’s Network, Inc.’s stock price started 2017 at $.017. It’s been in an upward trend since August of 2016 with consistent volume. Fourth quarter financials for 2016 are yet to be reported. Prior to that, the company does show some revenues, not much, but they’re there. Current market capitalization stands at $15.21 million, on 524.39 million shares outstanding as of March 11, 2017.Player’s Network is a perfect example of an existing business that caters to a customer/client base that more than likely already uses cannabis. The company has leveraged its customer/client base and experience from its original business, and used it to enter into the cannabis industry with a built-in advantage right from the start. The great thing about the strategy is that the two aspects of the business, media and marijuana, are able to complement each other in a way that creates a comparative advantage for both, while at the same time, both can function as stand-alone operations, with separate sources of revenue.We will be updating our subscribers as soon as we know more. For the latest updates on PNTV, sign up below!Disclosure: We have no position in PNTV and have not been compensated for this article.